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UP’s Knight among Wall Street Journal’s Best CFOs of 2012
The Wall Street Journal has named Union Pacific Chief Financial Officer Rob Knight to its “Best CFOs of 2012 List.” Knight, CFO since 2004, is the only transportation sector CFO…
UP sub acquires Ansaldo STS USA division
PS Technology (PST), a wholly owned subsidiary of Union Pacific Corp., on Monday announced it has acquired the Yard Control Systems division of Ansaldo STS USA.
Court moves pricing suit against railroads ahead
Judge Paul L. Friedman of the U. S. District Court for the District of Columbia has granted class certification to a lawsuit in which eight shippers allege that BNSF Railway, Union Pacific,…
From UP, a 150-year timeline eBook
Union Pacific, which dates its beginning to the signing of the Pacific Railway Act by President Abraham Lincoln in 1862, announced Thursday that it making a 150-year timeline eBook available free in…
Iowa Pacific completes Permian Basin upgrades
Iowa Pacific Holdings said Wednesday it has opened its new locomotive repair shop on the Texas-New Mexico Railroad (TNMR) subsidiary, a key rail line in the Permian Basin oilfield.
Grain shippers: UP “top-performing” railroad
For the second year in a row, Union Pacific was selected as the top performing railroad by leading U.S. agricultural shippers in the third annual Soy Transportation Coalition (STC) Railroad…
Hammond Awards honor UP, South Buffalo Railway employees
In conjunction with bestowing the Harriman Awards for corporate rail safety on Tuesday in Washington, D.C., industry leaders also took time to honor individual employees notching significant safety achievements, who…
BNSF, UP ordered to pay rate reparations
The Surface Transportation Board has ordered BNSF and Union Pacific to pay reparations totaling $9,244,144 to Arizona Electric Power Cooperative for rate overcharges for the movement of utility coal.
Land of Lincoln lauds Lincoln’s land link
Illinois Governor Pat Quinn and the Illinois General Assembly have proclaimed July 1, 2012, as “Union Pacific Railroad Day” in Illinois to honor UP during its year-long 150th anniversary celebration.
UP 1Q profit up 35%
Union Pacific Thursday reported its first-quarter profit was $863 million, or $1.79 per share, in the first quarter of 2012, up dramatically from $639 million, or $1.29 per share, in…
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