Price Announcement: Paper & Fibre Products - January 1, 2013
Announcement Number: IP2012-34
Categories: Paper and Fibre Products
Posted Date: November 21, 2012
Union Pacific has a proven commitment to enhance our rail network and support growth in our business, investing $15 billion in the last 5 years and an anticipated record $3.6 billion in 2012. Customers across the network - in all lines of business - benefit from these investments in safety, service, growth and productivity.
Approximately half of the investment in 2012 is being spent to harden our rail infrastructure, making the network safe and resilient. Spending for service, growth and productivity will total over $1 billion dollars, with major projects including additional double track on the Sunset Corridor and the Blair Project to improve transit across our Central Corridor, as well as numerous new sidings throughout the PNW, and various projects in the South to improve capacity and velocity. This year, we're also planning to acquire 200 new road locomotives, and close to 1,600 freight cars. These equipment acquisitions not only serve as replacements for older, less efficient assets but are also to meet expected business growth.
Maintaining service excellence and building capacity for your future growth is critical to us, however, like most companies, we also have a responsibility for the investments we make in our network. As a result, we must review our transportation rates and make adjustments where necessary to ensure we are generating a fair return on that investment for our shareholders.
Effective January 1, 2013, Union Pacific Railroad will be making adjustments to the following Forest Products rate documents reflective of current market conditions.
UPRR 26111 - Wood Pulp will increase an estimated average of 4%. Individual rate increases will vary on a lane by lane basis.
UPRR 26112 - Lignin Liquor will increase an estimated average of 5%. Individual rate increases will vary on a lane by lane basis.
UPRR 2621 - White Paper will increase an estimated average of 4%. Individual rate increases will vary on a lane by lane basis.
UPRR 26311 - Brown Paper will increase an estimated average of 4%. Individual rate increases will vary on a lane by lane basis.
Specific rates by commodity and lane will be updated and available in our Prices and Price Documents Inquiry in early December.
Additional Links:
UPRR Fuel Surcharge Page
UPRR Geography Groups
If you have any questions please contact your Union Pacific representative.