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ARS acquires FreightCar America’s repair and maintenance services business
Appalachian Railcar Services, Inc. (ARS) announced Sept. 30, 2015 that its wholly-owned subsidiary, ARS Nebraska, LLC, has acquired all of FreightCar America, Inc.’s railcar repair and maintenance services business.
Missouri Valley, Iowa, awarded membership in UP’s Train Town USA Registry
Missouri Valley, Iowa, has been awarded membership in Union Pacific's (UP) Train Town USA Registry as part of UP’s ongoing efforts to highlight cities with a historical connection to the…
UP elevates two public affairs officers
Union Pacific has promoted two public affairs officers to new positions, effective Oct. 1, 2015. Wes Lujan has been named Vice President Public Affairs, Western Region, and Liisa Stark has…
Nissan cites UP for service quality, environmental efforts
Union Pacific Railroad (UP) was honored by Nissan with its Cost Leadership Award, while Union Pacific Distribution Services (UPDS) received the automotive manufacturer’s Zero-Emission Leadership Award, the company announced August…
UP reducing headcount after flat second quarter
Union Pacific President and CEO Lance Fritz issued a statement to non-agreement employees on August 12, 2015 announcing a “workforce reduction initiative” as “the railroad takes the necessary steps to…
UP named among 2015’s Best Employers for Healthy Lifestyles
The National Business Group on Health (NBGH) has named Union Pacific (UP) among the Best Employers for Healthy Lifestyles for 2015, marking the 11th year UP has received the award,…
UP’s Fritz ascends to Chairman and CEO
Union Pacific’s board of directors elected President and Chief Operating Officer Lance Fritz Chairman, President and Chief Executive Officer, effective Oct. 1, 2015. He succeeds John Koraleski as Chairman. Koraleski…
UP posts flat second-quarter earnings
Net income of $1.2 billion, compared with 2014 net income of $1.3 billion, combined with an operating revenue decrease of 10% and an operating income down 11%, resulted in a…
UP slates $15 million for one Missouri line
Union Pacific Railroad (UP) is investing nearly $15 million in its rail line between the Missouri/Iowa border and Trenton, Mo., part of an overall $66 million program in that state,…
Gearing up for winter
Tools and techniques both new and old help railroads cope with weather extremes.
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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