Though coal shipments remain an important source of freight revenues for Union Pacific, the company's revenues from coal shipments have declined sharply, falling roughly 18% year-over-year in the first half of 2015. The decline in coal revenues has primarily been due to a sharp decline in coal shipments, which fell around 16% year-over-year in the first half of 2015. Union Pacific's declining coal shipments are an indicator of the prevailing weakness in the demand for the commodity.
Bleak Market Conditions For Coal To Negatively Impact Union Pacific's Shipment Business
Forbes - 16 Sep 2015 21:42
Though coal shipments remain an important source of freight revenues for Union Pacific, the company's revenues from coal shipments have declined sharply, falling roughly 18% year-over-year in the first half of 2015. The decline in coal revenues has primarily been due to a sharp decline in coal shipments, which fell around 16% year-over-year in the first half of 2015. Union Pacific's declining coal shipments are an indicator of the prevailing weakness in the demand for the commodity.
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