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News Wire: Union Pacific profit and volume rise, led by gains in coal and grain traffic

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  • From: Wisconsin
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Posted by Brian Schmidt on Monday, May 1, 2017 1:53 PM

Executives say free trade is essential for U.S. jobs, economy

http://trn.trains.com/news/news-wire/2017/05/01-up-earnings-q1-2017

Brian Schmidt, Editor, Classic Trains magazine

  • Member since
    March 2003
  • From: Central Iowa
  • 6,901 posts
Posted by jeffhergert on Monday, May 1, 2017 9:59 PM

We keep hearing we are supposed to pick up more coal trains (contracts formerly held by the BNSF) and maybe some other business for the last few months.  Haven't seen it in my neck of the woods.  We actually have had less coal trains the last month or two because a couple of the mines were down for maintenance.  

I'm sure they are for "free" trade.  If production of goods moved back to the US it might move closer to where the consummers are.  That would mean the distance freight moves might be less and shipments might move entirely by highway.

Jeff    

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