2023/24 Grain Selective Rate Adjustments (Fall Program)
Announcement Number: BU2023-15
Categories: Grain
Posted Date: May 15, 2023
Effective September 1, 2023 Union Pacific will implement selective rate adjustments on Export Soybeans in UP 4051 to the following markets:
- Soybeans will increase by $175 to all destinations
Effective October 1, 2023 Union Pacific will implement selective rate adjustments on Corn, Barley, and Milo in UP 4051 to the following markets:
- Domestic Corn and Feed Barley will increase by $175 to all destinations
- Export Corn rates will increase by $175 to all destinations
- Milo rates will increase by $175 to all destinations
- Mileage scale increase of 5%
The new rate changes will be applied for Heavy covered hoppers (capacity greater than or equal to 5,001 cubic feet OR total allowable gross weight on rail exceeds 286,000 pounds). Light covered hoppers (capacity less than or equal to 5,000 cubic feet OR total allowable gross weight on rail is less than or equal to 285,999 pounds) will be 10.6% less than the Heavy covered hopper rates.
.