Union Pacific’s Intermodal Traffic Rose More than 11%
Union Pacific’s (UNP) rail traffic volume grew 5.9% YoY to 157,752 units mainly due to strong intermodal growth. The growth was partially offset by a decline in carload traffic. In the first 47 weeks of 2018, the company recorded a 3.4% YoY increase in railcar traffic. Union Pacific’s rail traffic gains were lower than US railroad (XTN) companies’ 3.7% gain during the same period.