Re: Union Pacific profit up 1% RR delivers more fertilizer, imported goods and chemicals
Author: John
Date: 01-27-2024 - 09:35
Guest Wrote:
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> And today it was announced they'd lost the APL
> contract to BNSF. UP intends to hold pricing
> margins. Gotta keep that 50% OR for Wall Street.
And by the way like it's no big deal UP said in their 4th quarter press release that they had lost an international intermodal shipper that might affect next years revenues .
Competition, it's a sinful thing BNSF is doing to UP. UP reports that intermodal represents about 20 percent of its revenue. What precent of UP intermodal traffic does APL make up ? How can UP price in a short haul move LA to Phoenix when it can't hold onto a major shipper like APL.