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UP sports robust 2Q earnings
Union Pacific recorted second-quarter earnings of $2.37 per share, or $1.1 billion, up from $2.10 a share, or $1 billion, in the second quarter of 2012, the Omaha-based Class I…
Midyear Report: Why investors turn to rail
Union Pacific’s record $3.7 billion in capital expenditures in 2012 returned quick dividends, and resulted in the 151-year-old railroad’s best year for its investors.
STB OKs service shuffle on Louisiana rail line
The Surface Transportation Board has granted permission to Union Pacific Railroad to cease service on 12.5 miles of the Lockport Branch, located in Lofourche Parish, La., which UP owns, while…
UP, Dow Chemical release joint safety update
The Dow Chemical Company and Union Pacific said Friday, June 7 they have published a new report on the progress of a cooperative agreement that began in 2007 to improve…
UP: Always expect a train in Chicago
Chicago is the railroad crossroads of the nation, with hundreds of freight and passenger trains rolling on the region’s vast network of lines virtually 24 hours a day. In a…
UP recognizes 63 hazmat shippers for safety
Union Pacific has named 63 companies as annual Pinnacle Award recipients for chemical transportation safety. The award recognizes UP customers that implemented successful prevention and corrective plans and achieved a…
UP, GATX host ethanol safety conference
Hands-on safety training was a key feature at Union Pacific’s recent ethanol rail safety conference. Approximately 90 participants representing more than 15 ethanol shippers traveled from a 500-mile radius to…
Nissan recognizes UP for logistics excellence
Union Pacific has earned Nissan Motor Company’s 2012 Logistics Carrier Conference Logistics Success Story Award, which identifies carriers and providers “that went above and beyond normal expectations in the past…
STB says no to UP TIH petition
The Surface Transportation Board announced May 1 that it has denied Union Pacific’s (UP) petition requesting that the Board find reasonable certain UP tariff provisions requiring shippers of Toxic-by-Inhalation Hazardous…
UP 1Q earnings beat Street
Union Pacific Thursday reported net income of $957 million, or $2.03 per share, in the first quarter of 2013, up from $863 million, or $1.79 a share, in the first…
New Mexico offers BNSF fuel break
A new law in New Mexico will provide a tax break to lower the cost of locomotive fuel for the BNSF Railway Co., the Associated Press reported Wednesday.
UP’s Koraleski accepts Railroader of the Year Award on behalf of Jim Young
Union Pacific President and CEO Jack Koraleski accepted Railway Age’s 2013 Railroader of the Year Award on behalf of company chairman James R. Young during a March 12 ceremony at…
UP employees achieve new safety record
Union Pacific's 2012 employee safety performance was the best in the company's 150-year history—a 1.01 reportable injury rate, surpassing the former record of 1.15 achieved in 2011. From 2002 to 2012, employees improved…
UNION PACIFIC CHAIRMAN JAMES R. YOUNG NAMED RAILROADER OF THE YEAR
January 2, 2013: James R. Young, Chairman of Union Pacific Corporation, has been named 2013 Railroader of the Year by railroad industry trade journal Railway Age.
New Gensets for UP at Proviso Yard
Union Pacific, which 10 years ago broke new ground in locomotive technology by working with a major supplier to develop a Genset locomotive for yard service, on Dec. 12 unveiled…
UP, L.B. Foster extend crosstie contract
L.B. Foster and Union Pacific have agreed on a multiyear extension of a contract for the supply of prestressed concrete ties from the supplier's Tucson, Ariz., facility. The previous contract was set…
UP opens Austin, Tex., info tech center
Union Pacific said Tuesday it has opened a new information technology center in Austin, Tex., bringing the railroad closer to the top talent located in what it calls one of…
FRA tackles workplace electronic device danger
Federal Railroad Administrator Joseph C. Szabo Friday joined senior railroad industry leaders and labor officials to launch a collaborative effort to educate and raise awareness among rail industry employees of…
UP, with short lines, strives for customer value
Union Pacific's annual gathering of short lines in late October was all about giving short lines access to more tools, neatly arranged for ease of access, to bring more business…
Transitions can be difficult
The death recently of A. E. (Ted) Michon reminded me just how difficult transitions can be for those who must go through them.
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