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Lowering the bar one more time: Jason H. Seidl
“We are lowering earnings expectations for most railroads to reflect traffic results,” says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, regarding upcoming second-quarter…
When vanishing vistas = vaporized students
High school graduation. Time for friends, family, celebration, and taking senior photos and videos. Lots of young people seek the perfect artistic backdrop: a “vanishing vista.” What better, more artistic…
UP to invest $102 million in Nebraska
Union Pacific Railroad plans to invest nearly $102 million in 2015 to improve its rail infrastructure in Nebraska, the company announced on May 22, 2015.
RailComm automates UP Long Beach intermodal facility derail controls
Union Pacific has awarded a contract to RailComm to replace a legacy hardwired derail control system with an automated Domain Operations Controller® (DOC®) proprietary yard control application at its intermodal…
James H. Evans, 1920-2015
James H. Evans, who served as Union Pacific Chairman of the Board from 1977 to 1985, died Monday, May 11, 2015. He was 94. UP did not report a cause…
Big Spring Rail to expand its facilities
To better serve its existing customers and continue to grow its customer base, Big Spring Rail Systems Inc. (BSR), a linehaul railroad that operates and maintains approximately 2.07 miles of…
UP sets capex program at $4.2 billion
Union Pacific Railroad plans to invest $4.2 billion capital dollars in its network this year, following investments totaling more than $31 billion from 2005-2014. These investments contributed to a 38%…
UP grade crossing safety rate improves 27%
Union Pacific’s grade crossing safety rate, which measures the total number of Federal Railroad Administration-reportable grade crossing accidents per million train-miles, improved to 1.88 in 2015’s first quarter, compared to…
UP achieves record first-quarter employee safety rate
With a reportable injury rate of 0.85, Union Pacific employees achieved record first-quarter safety performance, demonstrating ongoing progress toward the company’s ultimate goal of zero incidents.
Volume decline affects UP earnings; capex plan reduced
Core pricing gains helped Union Pacific achieve 9% earnings per share growth in the first quarter of 2015, but EPS would have been stronger had a sharp drop in volume…
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