GCAS Guaranteed Freight Pool and Voucher Offerings

Announcement Number: AG2014-45
Categories: Domestic Corn Feed Grains and Soybeans,Export Corn Feed Grains and Soybeans,Wheat and Food Grains
Posted Date: August 15, 2014

Union Pacific has completed its monthly grain car placement offering for the next Guaranteed Freight Pool Program (contract period of October 2014 through September 2017). The offering yielded over 4,500 monthly grain car placements, an increase of approximately 50% over the current pool program.

In order to offset the larger pool program, beginning in October Union Pacific will decrease the number of grain car placements offered in its weekly grain car voucher auctions. The number of cars offered in the voucher auctions will consider both market demand and ongoing grain car supply and may vary from month to month. At this time, our intention is to offer monthly grain car placements via our voucher auctions at around 2,300 cars This allocation is subject to change at Union Pacific discretion.

The planned allocation by region and distribution of units and singles will be as follows:

Region 1 - 100 singles and 3 units for each half. Total of 800 cars per month

Region 2 - 150 singles and 4 units for each half. Total of 1,100 cars per month

Region 3 - 100 singles and 1 units for each half. Total of 400 cars per month

October and November car placements will be offered starting Aug 25, 2014.

Note : Units Vouchers will be sold as 100 cars but can be ordered as a 75, 100 or 110 car units. Premiums and deposits will be calculated at 100 cars and the entire deposit will be returned when shipment occurs.

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