UP expects Q4 operating ratio in mid-50s; details Brazos yard plans
(Source: Freight Waves, January 8, 2021)
CHATTANOOGA, Tenn. — Union Pacific expects an adjusted operating ratio (OR) of 55.6% for the fourth quarter of 2020, the company said in a filing to the U.S. Securities and Exchange Commission on Friday. UP has decided that instead of proceeding with its plans to make the Brazos yard a major classification yard, it will use the investments it has already made on the property for freight car block swapping activities.
Full story: Freight Waves
Monday, January 11, 2021
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