Tuesday, January 12, 2010

UP cites record year for domestic intermodal

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Union Pacific Tuesday said it had achieved a record year of 1.25 million domestic intermodal shipments during in 2009 and, in addition, achieved a "Perfect Peak Season” for a second straight year by delivering 100% of United Parcel Service’s peak season freight without a sort failure. 

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Prior to 2009, UP’s highest domestic intermodal volume was 1.19 million shipments in 2007. The introduction of 43 new truck-competitive service products allowed UP to capture freight that previously moved over the highway, as well as earn additional business from The Hub Group, Pacer International, and other large intermodal customers.

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During UPS’s 2009 peak season, originating the Tuesday following Thanksgiving and concluding on Christmas Eve, Union Pacific and UPS together overcame significant challenges during thisyear’s peak season, including record sub-zero temperatures and snow accumulations.

“More and more customers are recognizing the value Union Pacific brings to their businesses,” said John Kaiser, Union Pacific vice president and general manager-Intermodal. “We have the equipment, core lane offerings, and service products to provide a wide range of transportation solutions. Most importantly, we have the right people with the expertise and experience to address our customers’ specific needs.”