Tuesday, July 17, 2012

New Union Pacific rules could speed up TransPort's mission - Denver Business Journal:

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But they also offer a big boost to the 6,300-acre cargo hub plannedr for east of the E-470o and I-70 interchange. "It puts us in the positiohn to meet the needsof rail-serviced said Bill Schuck, president and CEO of , the Coloradp Springs-based project developer. TransPort planz call for a rail-air-trucjk freight complex at the site. Schuck said his group has been workinv closely with UnionPacificx (UP) for years and will use the new guidelines -- issued in a Sept. 14 letter by Jack UP's executive vice president for marketing andsalezs -- to design a rail systemn at TransPort that fits UP's requirements.
The issuw is rising demand for rail service in the last few and UP's desire to keep its trains movin over the long haul ratherd than stopping to pick up or drop off a few rail "More customers are coming to us wanting us to servs them," said James Barnes, spokesman for Omaha-baseds UP (NYSE: UNP). "But the places where they want us to servsthem [are not] at places wheres we can easily interrupt mainline Barnes said the new guidelines were issuedc to help potential clients see what they must to do in orded to do business with UP. "They're not able to just builxd facilities and then expect us to stop on a dime toservr them," Barnes said.
Schuck said UP appearz to want a new modelo for setting up new rail service where it coulf take entire trains off the mainline track and have a thirdpartyg -- such as TransPort -- brinhg the freight to the client. But the new rule s will make it a lot hardedr for customers who set up shopalong old, unused rail spurs, with hopes of startiny new rail service with UP, Schuck "We have to be in a position to providwe service to our existing customers and very carefullt bring on new business," Barnes "We're making sure potential new business is awarwe of the guidelines that need to be followerd so they don't inadvertently make investments in infrastructurd that won't bear fruit for them in termws of receiving railroad Koraleski's letter said UP, the nation'sa largest freight railroad with a 33,000-mile had received a record number of requests for rail service to new facilitiea in the past year.
"Thes e guidelines provide the basic requirements for any potential customer to use in assessin their options for rail theletter stated. On UP's list is a requirementy that new customers have enough track and space to store empty and loadesrail cars. Schuck said TransPort's plans includ a 1,000-acre rail-served park with a switch, or exit from UP's mainline tracks along I-70. "We workingf very closely with them," Schucok said.

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