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UP 2Q results beat the Street
Union Pacific said Thursday, July 24, 2014 its second-quarter net earnings rose 17%, to $1.29 billion, or $1.43 per share, measured against $1.11 billion, or $1.18 per share, in the…
Wildfires damage Northwest rail lines
A series of wildfires in central and eastern Washington state, some blazing for nearly a week, have devastated entire communities and left several sections of railway damaged.
Illinois, UP mark projects new and old
Illinois Gov. Pat Quinn and Illinois U.S. Sen. Dick Durban (D) joined Union Pacific President and COO Lance Fritz Friday, June 27, 2014, to announce a joint $90 million addition…
UP enhances premium intermodal service
Union Pacific has increased the frequency of two intermodal services, Portland-Chicago and Northern California-Chicago, both of which are part of UP’s top-tier “premium” intermodal service, with four-day delivery in the…
OmniTRAX acquires Sand Springs Railway Co.
OmniTRAX announced Wednesday, May 28, 2014 that it is acquiring Sand Springs Railway Co., a 32-mile short line linking the railroad's namesake Oklahoma city with Tulsa, Okla.
UP officially opens New Mexico rail facility
New Mexico Gov. Susana Martinez joined Union Pacific Chairman and CEO Jack Koraleski in ceremonially opening UP's new 2,200-acre facility in Santa Teresa, N.M. on Wednesday, May 28, 2014.
Northwest congestion spurs intermodal shift
Historically high levels of traffic, plus numerous track and capacity improvement projects that are currently under way, are both putting the squeeze on BNSF's northern corridor, with intermodal a potential…
RAIL.ONE opens Iowa rail tie plant
RAIL.ONE USA Corp. on Tuesday, April 29, 2014, held an opening ceremony for a $22 million concrete rail tie plant in Clinton, Iowa, located within the city's Lincolnway Railport.
For Union Pacific, a strong first quarter
Union Pacific on April 17, 2014 reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in first-quarter…
STB: BNSF, KCS, UP mediation "mandatory"
The Surface Transportation Board is directing BNSF Railway, Kansas City Southern Railway, and Union Pacific to "Engage in mandatory mediation to resolve" the issue of trackage rights over nine miles…
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