January 27, 2023 | 2-man Crews, Headlines, PSR, Railroad Safety, Remote Control, SMART-TD
(Source: SMART Transportation Division press release, January 26, 2023) In a letter dated Jan. 25, the general chairperson of SMART Transportation Division’s GO 577 informed Union Pacific’s senior vice president of operations that the union was withdrawing from any...
January 27, 2023 | Headlines, Legislation, PSR
(Source: The Gazette, January 26, 2023) A state law advanced Thursday by a three-member panel of House lawmakers would limit the length of freight trains traveling through Iowa. The subcommittee voted unanimously to forward House Study Bill 88 to the full House...
January 27, 2023 | AAR Freight Trends, Headlines, PSR
(Source: Association of American Railroads press release, January 25, 2023) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 21, 2023. For this week, total U.S. weekly rail traffic was 467,485...
January 26, 2023 | Headlines, PSR, Quarterly Income, UP
(Source: Freight Waves, January 24, 2023) To counter looming macroeconomic headwinds in 2023, Union Pacific aims to boost rail service, which will include looking at how to improve the quality of life of craft employees, according to executives speaking on UP’s...
January 26, 2023 | AAR Freight Trends, Headlines, PSR
(Source: Railway Age, January 25, 2023) U.S. freight rail traffic in Week 3 (ending Jan. 21, 2023) dipped 2.1% from the prior-year period, the Association of American Railroads (AAR) reported Jan. 25. Traffic trailed the same period in 2019 by 14%, according to...
January 25, 2023 | BNSF, Headlines, PSR
(Source: Cowboy State Daily, January 24, 2023) Wyoming’s coal mines had a good year in 2022, but they could have produced about 20% more coal if more rail cars would have been available to ship it to power plants. Current and retired engineers with Union Pacific and...
January 25, 2023 | Headlines, PSR, Quarterly Income, UP
(Source: CNN, January 24, 2023) For the year, the company’s employee pay and benefits rose by about $500 million, or 12%, to $4.6 billion, far less than the $6.3 billion that Union Pacific spent repurchasing shares of stock. “Instead of buying back their own stock, UP...
January 25, 2023 | Headlines, PSR
(Source: Bloomberg, January 23, 2023) Costs will still be a key consideration for the railroads — and their investors. Voluntary paid sick leave and more flexible schedules would add to the expense of the labor agreement, which over five years raises salaries by 24%,...
January 25, 2023 | Headlines, PSR, Unions, UP
(Source: Trains Magazine, January 23, 2023) Union Pacific has asked the Federal Railroad Administration for permission to temporarily deactivate the centralized traffic control on a 13.4-mile section of its Winnemucca Subdivision in Nevada, saying that windblown sand...
January 23, 2023 | Headlines, PSR, STB, UP
(Source: Freight Waves, January 21, 2023) Eight members of Congress representing districts in Iowa, Minnesota and Wisconsin want the Surface Transportation Board to compel Union Pacific to lift weather-related embargoes in their states. Full story: Freight...
