(Source: Railway Track & Structures, September 4, 2019)
NEW YORK — Union Pacific’s tough talk did not last very long in the ring. The Class 1 railroad company planned on instituting a system that would fine truck carriers that were late picking up or dropping off at intermodal ramps. It was set to go in effect this week, but Union Pacific cancelled the move after negative feedback from carriers and logistics providers. Rather than hand out fines, a first for the industry, Union Pacific is choosing to proactively monitor and provide visibility into each customer’s reservation utilization and is working with them to ensure reservations match actual demand, according to UP Vice President of Marketing Kenny Rocker.
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