Metals and Ores - Price Adjustments
Announcement Number: IP2014-14
Categories: Steel and Ferrous Metals,Non Ferrous Metals
Posted Date: May 30, 2014
Union Pacific continues to invest heavily in its rail network, in order to provide reliable and efficient service to our customers. We spent approximately $3.6 billion in 2013 and plan to increase our investment in 2014 to $4.1 billion. In order to generate an acceptable level of return on our investments for maintenance and expansion of our extensive infrastructure, we must review and adjust our transportation rates accordingly. These rates will be published at market levels, with all rates subject to Union Pacific's carload mileage fuel surcharge provision. We are providing our customers with advance notice, so that they can plan for these adjustments.
Effective July 1, 2014, Union Pacific is announcing price adjustments in: UPRR 33126, UPRR 3312, UPRR 4021, UPRR 33122 and UPRR 33123 for the Metals and Ores business. Rate adjustments will vary by each market but will average three to six percent. Official publications can be referenced and downloaded through MyUPRR.com.
If you have any questions please contact your Union Pacific representative.