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Union Pacific says high diesel prices shifting freight from trucks to rail

Source: reuters.com

Transportation & LogisticsEnergy Markets & PricesConsumer Demand & Retail
Union Pacific says high diesel prices shifting freight from trucks to rail

Union Pacific said soaring diesel prices are shifting some freight volumes from trucks to rail as shippers seek lower transportation costs. The modal shift is boosting rail demand and is modestly positive for Union Pacific's freight volumes and pricing environment.

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mildly positive

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0.35

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UNP0.55

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