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Rail Companies Cut Capacity as Volume Slides 20%

from Supply Chain Dive

Rail Companies Cut Capacity as Volume Slides 20% Supply Chain Dive Union Pacific has pulled capacity from the marketplace as volume has fallen, reducing train starts in the "mid 30% range" in the second quarter, company CEO Lance Fritz said on a call with Bernstein analysts. Hamann said the company has reduced train starts "at a faster rate than we've seen volume decline." READ MORE

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