Price Adjustments UPRR 24 and I5CR 245 - September 1, 2014

Announcement Number: IP2014-20
Categories: Lumber and Panel Products
Posted Date: July 18, 2014

 
Union Pacific Price Adjustment UPRR 24 and I5CR 245 – September 1, 2014
 
In order to provide reliable and efficient service to our customers, Union Pacific continues to invest heavily in its rail network. We spent $3.6 billion on capital investments during 2013 and plan a record $4.1 billion investment for 2014. In order to generate an acceptable level of return on our investments for maintenance and expansion of our extensive infrastructure in the future, we review and adjust our transportation rates accordingly.   
 
With the improving economy and overall demand for transportation on the rise, we will continue to review our UPRR 24 and I5CR 245 tariffs on a semi-annual basis in order to make pricing adjustments reflective of current market conditions. 
 
Price Adjustments Effective September 1, 2014
Rates expiring on August 31, 2014 will remain unchanged for most lanes. There are some exceptions for group to group rates in the following items:
 
UPRR 24
Lumber:
Items: 1201, 1202, 1203, 1205, 1209, 1210, 1211, 1222 to select groups
Items: 1001, 1002, 1003, 1004, 1005, 1006, 1007, 1010, 1013, 1017, 1047, 1048 to all Oklahoma groups
Item: 1039 to Springfield, MO group
Items: 1000, 1001, 1002, 1003, 1004, 1005, 1006, 1010, 1011, 1012, 1013, 1019 to Houston, TX group & Beaumont, TX group
 
Wallboard and Miscellaneous Wood Products:
Items:  1403, 1420, 1421, 1431, 1501 and 1503 to select groups
 
Panel products:
Items: 1102, 1107, 1108, 1120, 1900 to Denver, CO group 
Item: 9000 to Minneapolis, MN group
Items: 1105, 1106, 1107, 1108, 1109, 1111, 1120, 1344, 1904, 1905, 1906, 1907 to Grand Junction, CO group
Items: 1105, 1106, 1108, 1109, 1110, 1111, 1113, 1114, 1120, 1357, 1907 to Eau Claire, WI group
 
I5CR 245
Item 7000: to select groups
 
Specific rates by commodity, lane and equipment type will be available in the Prices & Price Document Inquiry by August 2014.
 
The UPRR 24 and I5CR 245 rates are subject to selective increases and Union Pacific's carload mileage fuel surcharge provision.  The I5CR 245 and UPRR 24 rates will be published with an expiration date of February 28, 2015. We are working every day to deliver you a competitive, value-added product. Thank you for shipping with Union Pacific. 

If you have any questions please contact your Union Pacific representative.