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Wednesday, June 17, 2009

2009 Colorado Coal Loadings Continue To Lag Behind 2008

According to ProgressiveRailroading.com, Union Pacific is experiencing a lag compared to last year's coal loadings out of Colorado and the Powder River Basin in Wyoming. While several utilities have slowed down due to decreased demand, a few other factors have come into play. The article states,
“Several utility plants have been experiencing higher-than-usual occurrences of breakdowns and slow unloading situations, which has delayed the return of empty trains for loading,” UP officials said in a weekly coal train loading report.
According to the same report, they've had a few mine production issues as well.

Could it be that some preemptive belt-tightening has led to the delays? There's no conclusive evidence of this, but sometimes taking such steps has a tendency to worsen a situation instead of making the company more capable of weathering the current one.

The article did not mention any figures for BNSF.

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