Union Pacific (UP) on July 22 reported second-quarter 2021 results, including freight revenue of $5.132 billion, up 29% from the prior-year period, with a 22% increase in business volumes, as measured by total revenue carloads.
From the seven North American Class I’s and more than 600 short lines and regionals to the ancillary rail industry, women are making their mark. Hydie McAlister of Hempstead, Tex.-based McAlister Assets is among them. With no prior experience in the rail business, she recognized an opportunity for Class I rail-served industrial parks in her home state while meeting with an investor in 2015. And now she’s developed two with her business partner Sharon Beach.
At Cowen and Company, we are adjusting our rail models in advance of second-quarter earnings reports due later this month from the Class I railroads. The models reflect carloads in the quarter, mix, fuel, FX (foreign exchange) and cost implications as the supply chain remains tight.
On the Union Pacific website, Vice President-Network Planning & Operations John Turner offered his thoughts on how technology impacts the role of every railroader, a topic Railway Age wanted to share with a broader audience.
Union Pacific has designed UP No. 1979 to pay tribute to its nine Employee Resource Groups (ERG) supporting diversity and inclusion.
One of the largest and perhaps most famous steam locomotives ever built—Union Pacific’s (UP) articulated 4-8-8-4 “Big Boy” No. 4014—is heading on a month-long tour this summer to celebrate railroad heritage and the communities UP serves.
“Employees who become part owners of the company they work for undergo a mindset change about their role in its success,” according to Maqui Parkerson, AVP Labor Relations at Union Pacific (UP).
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.
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.
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.