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NS derailment damages Southern Railway heritage unit

(Source: Trains Magazine, December 13, 2021) PITTSBURGH, Pa. — Norfolk Southern’s Southern Railway heritage unit, ES44AC No. 8099, was among two locomotives damaged when a train hit a rock slide and derailed early Sunday in Pittsburgh’s Baldwin Borough. Full story:...

Union Pacific announces 10% dividend increase for Q4 2021

(Source: Union Pacific Railroad press release, December 10, 2021) OMAHA, Neb. — Union Pacific Corporation announced that its Board of Directors today voted to increase the quarterly dividend on the Company’s common shares by 10% to $1.18 per share. The dividend is...