Re: UP "State of the Business" for week of 3/12
Author: OPRRMS
Date: 03-12-2012 - 18:48
Rich Hunn Wrote:
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> Cramer just gave the transport sector a hard
> yellow, fuel prices and drop in coal traffic are
> starting to catch up with the rails.
One of the things I look at to gauge how UP's business is doing is to look at the number of trainmen on the furlough boards and engineers on the reserve boards at selected locations in California. West Colton is currently holding steady at +/- 40 furloughed trainmen and +/- 80 reserve board engineers. Those are about half the number from a year ago, but a lot of them have been in that status for several years. We'll see what happens in the next couple of months. Oakland still has some furloughed trainmen, too, but they've just recalled the last two reserve board engineers there.