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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…
UP cites safest hazmat shippers
Union Pacific has named 74 companies as annual Pinnacle Award recipients for chemical transportation safety.
UP receives Toyota Logistics Services award
Toyota Logistics Services recognized Union Pacific Railroad as the top rail transportation provider with its 2011 President's Award. UP received the award for its high level of overall logistics excellence…
Butler succeeds Koraleski at UP
Union Pacific directors have named Eric L. Butler executive vice president, Marketing and Sales, succeeding Jack Koraleski, who is serving as acting president and CEO while Chairman Jim Young is on…
UP, Amtrak agree on Sunset Limited change
Amtrak and Union Pacific reportedly have reached agreement to adjust schedules for Amtrak's tri-weekly Sunset Limited, connecting New Orleans and Los Angeles, changing the train's westbound departure from New Orleans…
UP expects 7% drop in 1Q coal volume
Union Pacific told JPMorgan's Aviation, Transportation and Defense conference Tuesday that while most shipping volumes are up this year, it expects a 7% drop in first-quarter coal volume due to the mild…
UP, Port of Stockton advance PPP effort
The Port of Stockton, Calif., said late Tuesday that, in a public-private partnership with Union Pacific Railroad and Metropolitan Stevedore Co., it has completed a project to add 5,828 feet…
No surprise: “Big Four” railroads among world’s “most admired” transport firms
Three Class I railroads—Union Pacific, Norfolk Southern and CSX—and Berkshire Hathaway, parent company of BNSF Railway, have been named by Fortune magazine as among the world’s “Most Admired Companies” in…
UP CEO Jim Young to take medical leave
Union Pacific announced Friday that James R. Young , its chairman, president, and CEO, will take a medical leave of absence from his responsibilities as president and CEO while he is being…
UP CEO honors Lincoln's vision
When Abraham Lincoln signed the Pacific Railway Act of July 1, 1862, creating the original Union Pacific, his vision for the transcontinental railroad was to connect a nation from east…
Union Pacific No. 5 on top 50 companies list
Bloomberg BusinessWeek magazine has listed Union Pacific No. 5 on its 2012 list of top 50 performing companies. The Bloomberg BusinessWeek 50 evaluates companies on one-year and five-year risk-adjusted returns,…
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