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Stock impact report

Union Pacific and Norfolk Southern outline yard and terminal expansion projects [Yahoo! Finance]

Marsh & McLennan Companies, Inc. (MMC) 
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: marsh.com
Company Research Source: Yahoo! Finance
The transcontinental combination, if approved, will lead to 11% volume growth compared to 2023, the railroads say in their merger application. "By offering the single-line rail service customers prefer, a merged UP-NS would attract an estimated 1.86 million rail carloads and intermodal units annually," according to Oliver Wyman's traffic analysis in the merger application. Of that total, "442,000 diversions are from other railroads, 67,000 are extensions of UP intermodal moves that dray over 250 miles, and 1.36 million are from traffic currently moving by truck." Under the railroads' three-year Growth Plan, 23 intermodal terminals and 14 yards would see their workloads increase by more than 20% over the Base Plan. To handle growth, UP will spend $516 million to expand yard and terminal capacity where the projected activity levels exceed existing capacity. "Applicants have a plan in place for the combined railroad to address the issue ahead of projected traffic growth," the rail Show less Read more
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