Monday, October 29, 2007

Cool Link

Want to send a railroad car of corn from Omaha to Chicago? See how much it will cost using Union Pacific's price guide.

Put in the route, the type of product being shipped, the type of railcar to ship the product and out comes the price.

Usually a combination of a flat rate and a fuel surcharge. Shipping by rail is so much more efficient than by truck.

http://c02.my.uprr.com/cdm/price_query.jas

With higher fuel prices, this bodes well for rail companies. Investors, like Warren Buffett have really driven up shares of railroad stocks in the last couple of years.

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