Rail Insights: UP locomotive orders

Written by William C. Vantuono, Editor-in-Chief
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From Chicago, and Railway Age's Rail Insights Conference and Expo today, June 7:

William C. Vantuono, Editor-in-Chief, Railway Age: What is the outlook for Union Pacific locomotive orders?

Rob Knight, Chief Financial Officer, Union Pacific: We [plan to acquire] 230 new locomotives this year, 70 next year, and after that, no orders are planned. What will drive our orders after that will be how our business and the broader economy is doing.

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