How is UP allocating trains moving to or leaving the Joint Line?
BNSF dispatches the Joint Line and is responsible for assigning loading slots and directing train movements to the mines in a way that allows each carrier to achieve its NCTA-determined share of the coal demand. Both railroads will be proportionally affected by restricted loadings at Joint Line mines. UP plans to allocate loading slots proportionately among our customers based on the tons supplied by receivers and producers through the NCTA planning process. Day-to-day operating issues will likely prevent us from achieving that target with precision. Overall, we expect the allocation to average in the range of 80-85% of NCTA demand based on the rehabilitation plan. If we are able to sustain the progress made during the first three weeks of July, however, we may be able to adjust the allocation upwards.