Union Pacific seeks to sweat its assets
Railroad expects improving volumes in fourth quarter
With rail volumes expected to improve year-over-year in the fourth quarter and into 2021, Union Pacific (NYSE:UNP) will seek to fine-tune its deployment of precision scheduled railroading (PSR) by continuing to focus on asset productivity. This includes taking measures such as lengthening trains farther and speeding up the network.
UP expects “positive year-over-year growth” in the fourth quarter. Coupled with positive volumes in the first quarter, the company expects full-year volumes to be down by around 7%.
Railroad expects improving volumes in fourth quarter
Union Pacific seeks to sweat its assets - FreightWaves
UP expects longer and heavier trains in its future as it seeks to take more intermodal market share away from trucks.
www.freightwaves.com
With rail volumes expected to improve year-over-year in the fourth quarter and into 2021, Union Pacific (NYSE:UNP) will seek to fine-tune its deployment of precision scheduled railroading (PSR) by continuing to focus on asset productivity. This includes taking measures such as lengthening trains farther and speeding up the network.
UP expects “positive year-over-year growth” in the fourth quarter. Coupled with positive volumes in the first quarter, the company expects full-year volumes to be down by around 7%.