Food for thought! Union Pacific restricts shipment on fertilizer.
Once again Atlas Shrugged is no longer fiction.
Is Jim Tagert running Union Pacific?
Union Pacific's plan to begin metering traffic as of today will curtail fertilizer shipments and put crops at risk, a major fertilizer producer says. “The timing of this action by Union Pacific could not come at a worse time for farmers,” CF Industries CEO Tony Will said in a statement on Thursday.7 days ago
According to Josh Linville, fertilizer director for StoneX Financial, Union Pacific was behind on its own shipments, leading up to the restrictions on private rail cars such as CFI’s, to catch up.
"Not only will fertilizer be delayed by these shipping restrictions, but additional fertilizer needed to complete spring applications may be unable to reach farmers at all,” Will said. “By placing this arbitrary restriction on just a handful of shippers, Union Pacific is jeopardizing farmers' harvests and increasing the cost of food for consumers."
“This really hurts fertilizer shipments as companies such as CFI rely on their own rail cars to move product. Logistics were already going to be tough this spring, this makes that situation worse,” Linville added.
Is Jim Tagert running Union Pacific?
Union Pacific's plan to begin metering traffic as of today will curtail fertilizer shipments and put crops at risk, a major fertilizer producer says. “The timing of this action by Union Pacific could not come at a worse time for farmers,” CF Industries CEO Tony Will said in a statement on Thursday.7 days ago
According to Josh Linville, fertilizer director for StoneX Financial, Union Pacific was behind on its own shipments, leading up to the restrictions on private rail cars such as CFI’s, to catch up.
"Not only will fertilizer be delayed by these shipping restrictions, but additional fertilizer needed to complete spring applications may be unable to reach farmers at all,” Will said. “By placing this arbitrary restriction on just a handful of shippers, Union Pacific is jeopardizing farmers' harvests and increasing the cost of food for consumers."
“This really hurts fertilizer shipments as companies such as CFI rely on their own rail cars to move product. Logistics were already going to be tough this spring, this makes that situation worse,” Linville added.
