BNSF JUST LOST A HUGE CUSTOMER... TO UNION PACIFIC! | Railroad Economics 014

Most people think freight railroads don't really compete with each other. After all, if a railroad owns the tracks, what choice does a customer have? As it turns out... quite a few. In this episode of Railroad Economics, we take a closer look at reports that Maersk has shifted a significant portion of its Southern California intermodal traffic from BNSF to Union Pacific. More importantly, we explore what this move reveals about how Class I railroads compete for major customers behind the scenes. We'll discuss pricing, service, capacity, transit times, market share, and why a change involving one of the world's largest shipping companies matters to investors, rail enthusiasts, and anyone interested in the business of freight rail. If you enjoy learning how North America's freight railroads make money and compete in today's economy, consider subscribing to Railroad Economics for new episodes every week.