The headline agreements are largely done. Now it’s time for the fine print.
In our latest episode, David + Harris walk through the revised UP–NS filing + find the numbers moving in one direction: diverted intermodal units revised down, projected job creation revised down, + a plan for job cuts sitting right alongside an advertising campaign promising a “job for life”. As Harris points out, a guarantee that you will have a job is not exactly a guarantee on what or where that job will be.
The conversation also covers CPKC’s Q2 earnings call + their pointed response to the recent UN-CN concessions, as well as committed gateway pricing that comes with an expiration date attached. Plus: the prediction David keeps making that lands very differently inside the industry than outside it – whether or not we will see a US government equity stake in the first modern transcontinental railroad.
Talk Track, hosted by Harris Ligon + David Correll of Telegraph™, is a spin-off series dedicated to timely rail industry news. From service shakeups to technology breakthroughs, each episode delivers a behind-the-scenes perspective on all the happenings shaping the future of freight rail.
Harris + David will bring their decades of rail experience to help them parse through the latest industry headlines, evolving regulations, + the long-term forecasts for how railroads move freight across North America. Find us at telegraph.io/insights, Apple Podcasts, Spotify, or wherever you listen to your favorite podcasts.