Author
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Topic: UP cuts intermodal traffic
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Mr. Toy Full Member Posts: 1344 Registered: Dec 2000
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posted 07-15-2004 09:08 PM
I saw a reference to this UP bulletin on another board. http://dx01.my.uprr.com/pubdir/inetbull.nsf/bdaf570788c7121d06256450007c2df0/9138ed5e418a5cc486256ed00073a496 If I read this correctly UP is eliminating intermodal freight on the I-5 corridor. What does this mean for UP's stockholders, customers, and Amtrak? What does it say about UP's business operations? ------------------ Sing to the tune of Humoresque: Passengers will please refrain, From flushing toilets while the train, Is standing in the station, I love you. The Del Monte Club Car IP: Logged |
MPALMER Full Member Posts: 809 Registered: Aug 2000
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posted 07-16-2004 12:03 PM
I read somewhere that these "hot" intermodal trains were too disruptive to the schedules of all the other trains along the route.IP: Logged |
George Harris Full Member Posts: 216 Registered: Nov 2002
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posted 07-25-2004 06:18 PM
It is basically saying that as a business they consider the cost of keeping the business higher than the return they would get from it. That is the polite version. More accurately, it is showing that many years of short term thinking is killing the company's long term survival prospects. It is really showing that many years of underinvestment in the facilities needed to move traffic results in traffic increases strangling the system. Somehow, someone must find the courage to tell the stockholders that dividends and unnecessary expenses must be cut so the money can be plowed back into the system for the purpose of prosperity in the long term, not just manipulated to produce a nice showing in the short term by financial ledgermain. IP: Logged |