Union Pacific (UP) has the most to crow about among North America’s intermodal Q3 results, being the only carrier to report increased volumes and revenue.
Over the three months to October, UP experienced a 12% year-on-year revenue bump, to $1.24bn, despite revenue per unit (RPU) declining 6%, to $1,365. Volumes surged 19%, to more than 909,000 teu, driven by strong international demand.
CEO Jim Vine told investors it was “another really good …
The post UP steams ahead of its N American intermodal rivals in Q3 appeared first on The Loadstar.
