Union Pacific increases frequency of two intermodal services In support of its customers' growing needs for truck-competitive service between western U.S. markets and Chicago, the country's primary transportation interchange point, Union Pacific recently has increased the frequency of two intermodal services: Portland-Chicago and Northern California-Chicago. Both are part of Union Pacific's top-tier "premium" intermodal service, with four-day delivery in the morning. This service enhancement gives customers access to Union Pacific's extensive rail network, which is made possible in part by the company's significant capital investments, including a record $4.1B in 2014.
Union Pacific downgraded to Neutral from Outperform at Macquarie Macquarie downgraded Union Pacific to Neutral and lowered its price target to $95 form $105. The firm believes upcoming gas capacity will pressure rail growth in 2017-2018 and displaced coal volumes will be hard to overcome.