> On average, over 90 containers compromised per day.
> 160% increase in criminal rail theft
Combining these statistics indicates that UP was experiencing over 56 containers compromised per day before the policy change.
Compare that with the almost 50,000 containers daily that flow through the Ports of LA and Long Beach. I don't know what percentage of that UP handles, but I think it's safe to say that even 90 containers is a small fraction. UP has insurance, and, I'm sure treats a small percentage of thefts as the cost of doing business.
UP can increase their investment in securing their trains and property. The alternative is the taxpayer spending a lot of money on police and incarceration. The US's incarceration rate is ridiculously higher that all other advanced economies. We can probably find better things to spend all that money on.
> 160% increase in criminal rail theft
Combining these statistics indicates that UP was experiencing over 56 containers compromised per day before the policy change.
Compare that with the almost 50,000 containers daily that flow through the Ports of LA and Long Beach. I don't know what percentage of that UP handles, but I think it's safe to say that even 90 containers is a small fraction. UP has insurance, and, I'm sure treats a small percentage of thefts as the cost of doing business.
UP can increase their investment in securing their trains and property. The alternative is the taxpayer spending a lot of money on police and incarceration. The US's incarceration rate is ridiculously higher that all other advanced economies. We can probably find better things to spend all that money on.