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Rail News: Rail Industry Trends
3/16/2009
Rail News: Rail Industry Trends
UP picks up coal-train loading pace in PRB, Colorado/Utah
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Through March’s first week, Union Pacific Railroad was on pace to exceed Powder River Basin (PRB) mines’ and customers’ coal demand for the month. The Class I loaded 240 coal trains during the first week.
Even in Colorado and Utah — a market that continues to be depressed because of coal production problems — UP officials believe the Class I is on pace to meet demand in March. The railroad loaded 61 coal trains in the states during the month’s first week.
UP’s coal train loadings are starting to pick up after a slow February, when the railroad loaded 914 trains in the PRB vs. 1,091 trains in February 2008, and 233 trains in Colorado/Utah vs. 305 trains in February 2008.
Even in Colorado and Utah — a market that continues to be depressed because of coal production problems — UP officials believe the Class I is on pace to meet demand in March. The railroad loaded 61 coal trains in the states during the month’s first week.
UP’s coal train loadings are starting to pick up after a slow February, when the railroad loaded 914 trains in the PRB vs. 1,091 trains in February 2008, and 233 trains in Colorado/Utah vs. 305 trains in February 2008.