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Tuesday, November 26, 2013

Union Pacific Railroad Adds Intermodal Service between Monterrey and Chicago

Union Pacific News Release:

Union Pacific Railroad Adds Intermodal Service between Monterrey and Chicago

UNION PACIFIC INTERMODAL
Omaha, Neb., November 26, 2013 – Union Pacific Railroad recently introduced a new intermodal service offering between Chicago and Monterrey, Mexico, giving companies another reliable transportation option to move goods across the border six days a week. Trains carrying intermodal containers will interchange at Eagle Pass, Texas, to and from Ferromex, Mexico's largest railroad, which will operate trains between the border and Monterrey. Union Pacific and Ferromex have made significant terminal, track and equipment investments to optimize the operating success of this new service.
Intermodal shipping incorporates multiple modes of transportation - in this case, truck and rail - to capitalize on the advantages of each mode. The versatile form of transportation allows consumer and manufactured goods, such as clothing and appliances, to be transported across the border in a cost-effective and timely way. This new international service will provide companies with opportunities for growth in the ever-expanding Mexico market.
"Union Pacific's network provides a competitive advantage to companies importing and exporting with Mexico and recent investments made across our network are providing safe and efficient transportation that helps the bottom line for our current and future customers," said Bernardo Ayala, vice president - Mexico Markets for Union Pacific Railroad.
Union Pacific is the only railroad serving all six Mexico gateways: Laredo, Eagle Pass, El Paso and Brownsville in Texas; Calexico, Calif.; and Nogales, Ariz.
About Union Pacific
Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad links 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. From 2007-2012, Union Pacific invested $18 billion in its network and operations to support America's transportation infrastructure, including a record $3.7 billion in 2012. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.

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