2021 Railway Age Readers’ Influential Leaders
RAILWAY AGE MAY 2021 ISSUE: The mantra of these railroaders: Making a difference. They’re not only helping to shape the industry, but also tomorrow’s leaders.
UP
For Watco, New Texas Terminal
Watco is now offering a 222-acre transloading facility near Refugio, Tex., to support the bulk, chemicals, oil and gas, wind energy, agriculture, and steel industries.
UP Expanding Chicago Intermodal Terminal
Union Pacific (UP) began construction this month on a grain transload facility collocated at the Global IV terminal in Joliet, Ill., to increase ag shipper connections to empty containers and the railroad’s West Coast port terminal network.
Cowen Surveys Find ‘Encouraging’ Shipper Business Outlook
Two first-quarter 2021 surveys of rail shippers on pricing and business outlook as well as equipment needs conducted by Cowen and Company analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Elliot Alper indicate that, compared with the previous quarter, Class I railroad customers are anticipating somewhat higher rate increases, and a slight decline in new railcar demand.
Savage, UP Partner on Idaho’s First Intermodal Rail Terminal
Savage and Union Pacific (UP) will open the Savage Railport-Southern Idaho terminal for the export of containerized hay and other agricultural commodities; it will be the first to serve the state of Idaho, they reported.
People News: UP Elevates Hess, Kirchhoefer, Perkes
Union Pacific has promoted three Vice Presidents to serve in the Marketing and Sales division and at Loup Logistics, the railroad’s door-to-door intermodal shipping, transload and logistics services business.
UP GHG Targets Greenlighted
The Science Based Targets Initiative (SBTi) has approved Union Pacific’s greenhouse gas (GHG) emissions reduction targets.
UP, Manufacturing Institute Team to Shrink Workforce Gender Gap
Union Pacific (UP) and the Manufacturing Institute (MI) are partnering for three years on a new initiative to encourage more women and young people to pursue industry careers.
UP Names Richardson EVP, Chief Legal Officer, Corporate Secretary
Craig Richardson has been promoted to Executive Vice President, Chief Legal Officer and Corporate Secretary of Union Pacific (UP), succeeding Rhonda Ferguson.
UP Appoints Vargas VP-Mexico, Marketing and Sales
Union Pacific (UP) has named Humberto Vargas Vice President-Mexico, Marketing and Sales, succeeding Bernardo Ayala. Ayala will take on a leadership position in Locomotive Distribution and Network Operations at the Class I railroad.