UP 2020 Plan

Solid quarter, year for UP

Union Pacific posted solid financials for fourth-quarter and full-year 2018, and committed to a 2019 capital program that will equal 2018’s $3.2 billion.

STB to UP: Keep us informed

Union Pacific’s plan to implement Precision Scheduled Railroading caught the attention of the Surface Transportation Board, which on Sept. 20 sent a letter signed by Chairman Ann Begeman and Vice Chairman Deb Miller to UP chief executive Lance Fritz requesting that the railroad’s senior management engage in weekly calls with the Board’s Rail Customer and Public Assistance office during the implementation process. The purpose of the calls is “to keep the agency fully informed of UP’s operating changes and impacts to customers and others.”