Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Grand Junction, Colorado: Trains stashed by parkway until business picks up
Trains stashed by parkway until business picks upBy Amy Hamilton
Friday, June 19, 2015
More than a few locals have noticed the long row of mustard yellow Union Pacific locomotives lined up nose-to-end on about a half-mile stretch of the railroad tracks bordering Riverside Parkway.
The diesel engines have been idled there as the railroad experiences a slowdown in moving products, Union Pacific spokesman Mark Davis said. ... “It’s happening over our entire area,” he said. “Once traffic starts picking up, they’ll be put back into service.”
At least 60 parked engines, likely worth multiple millions of dollars, are on the tracks here. That can be seen as one economic indicator, and once the economy starts to pick up again, the engines will hit the tracks again, Davis said. He said Union Pacific railroad employees across the nation’s train network are undergoing furloughs.
Union Pacific reported in its 2015 first quarter financial statement that while shipping among some products has increased, it hasn’t offset 5 percent decreases each in coal and intermodal shipping. The railroad describes intermodal shipping as its model for offering other types of transportation, including rail delivery of customers’ products. Shipping automotives, meanwhile, is up 6 percent, and shipping agricultural products is up 3 percent.
Friday, June 19, 2015
More than a few locals have noticed the long row of mustard yellow Union Pacific locomotives lined up nose-to-end on about a half-mile stretch of the railroad tracks bordering Riverside Parkway.
The diesel engines have been idled there as the railroad experiences a slowdown in moving products, Union Pacific spokesman Mark Davis said. ... “It’s happening over our entire area,” he said. “Once traffic starts picking up, they’ll be put back into service.”
At least 60 parked engines, likely worth multiple millions of dollars, are on the tracks here. That can be seen as one economic indicator, and once the economy starts to pick up again, the engines will hit the tracks again, Davis said. He said Union Pacific railroad employees across the nation’s train network are undergoing furloughs.
Union Pacific reported in its 2015 first quarter financial statement that while shipping among some products has increased, it hasn’t offset 5 percent decreases each in coal and intermodal shipping. The railroad describes intermodal shipping as its model for offering other types of transportation, including rail delivery of customers’ products. Shipping automotives, meanwhile, is up 6 percent, and shipping agricultural products is up 3 percent.
5 replies
= new reply since forum marked as read
= new reply since forum marked as read
