UP employees will verify rider tickets from plexiglass booths along platforms of the UP North, Northwest and West lines.

Ticket verification begins along UP Metra lines

Union Pacific has resumed ticket sales along the Metra lines it operates under contract (UP North, Northwest and West) and is requiring riders to show valid tickets as they board outbound trains or arrive at the Ogilvie Transportation Center (OTC) in Chicago.

The STB determined that UP was among the Class I’s achieving a rate of return on investment (ROI) equal to or greater than the Board’s calculation of the average cost of capital for the freight rail industry, a sign of revenue adequacy. UP was also found to be revenue adequate for 2018.

STB: Five Class I’s Revenue Adequate for 2019

The Surface Transportation Board has determined that five of the “Big 7” U.S. Class I railroads achieved revenue adequacy in 2019: BNSF, CSX, Norfolk Southern, Soo Line (the U.S. affiliate of Canadian Pacific) and Union Pacific. STB determined that those Class I’s achieved a rate of return on investment (ROI) equal to or greater than the Board’s calculation of the average cost of capital for the freight rail industry, which for 2019 is 9.34%.

PHL, the Railway Age 2009 Short Line of the Year, provides rail switching services to customers in the Ports of Long Beach and Los Angeles.

Pacific Harbor Line Signs 5-Year Union Contract

The Pacific Harbor Line, Inc. (PHL), an Anacostia Rail Holdings Co. subsidiary, has signed a new five-year labor agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET).

UP Marks 150 Years on the NYSE

Union Pacific was listed on the New York Stock Exchange on Sept. 15, 1870, one year and four months after the Golden Spike was driven at Promontory Summit, Utah, on May 10, 1869, to complete the nation’s first transcontinental railroad. To mark the 150th anniversary of its NYSE listing as UNP, UP officials virtually rang the Closing Bell at 4:00 p.m. EDT on Sept. 15, 2020.

Layoffs Continue at UP

Union Pacific announced Sept. 4 that it plans to lay off an unspecified number of non-agreement and agreement employees, according to a report in the Omaha World-Herald. UP attributed “continuous efforts to streamline operations, while aligning our service product and resources to drive efficiency” as the reason. “These are difficult decisions; however, we remain committed to providing our customers safe, efficient and reliable service that ensures Union Pacific remains a strong and competitive company,” UP said.

Beyah Named UP Chief Communications Officer

Clarissa Beyah has been named Union Pacific’s Chief Communications Officer. She will be responsible for driving the railroad’s corporate communications strategy, overseeing executive and employee communications, media relations, digital and social media, and serving as the communication’s adviser to UP’s chairman and senior leadership team.

The Old College Try: UNO, UP Partnering for Employee Education Opportunity

The University of Nebraska at Omaha (UNO) and Union Pacific recently announced a partnership which allows UP employees to register for fall courses without out-of-pocket tuition costs.

UP Train Derails, Causes Fire, Bridge Collapse

A Union Pacific train derailed early in the morning of July 29 on the south end of the railroad’s 108-year-old Salt River Bridge over Tempe Town Lake, Ariz. Up to 10 cars derailed, causing a section of the bridge to collapse. Several cars caught fire.

UP’s Fritz: “Second Quarter Proved Very Challenging”

Union Pacific (UP), the fifth Class I to report second-quarter 2020 financials, was hit hard, like most of its peers. Net income of $1.1 billion, or $1.67 per diluted share, was 41% lower than the $1.6 billion, or $2.22 per diluted share, reported in 2Q19.

Metra, At Odds With UP, Petitions STB

Chicago’s Metra commuter rail agency on July 21 asked the Surface Transportation Board (STB) to issue a preliminary injunction to prevent Union Pacific from “taking planned steps that would degrade or halt” commuter rail service on the three lines—UP North, UP Northwest and UP West—the Class I railroad operates and maintains equipment under contract. Separately, Metra also asked the STB to rule on whether UP has a legal common-carrier obligation to provide commuter service. “UP maintains that it has no such obligation,” Metra said, adding that it “strongly disagrees” with UP’s position and that “settling that dispute is critical to determining how service will continue to operate on the lines and, more important, what it will cost the public.”

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