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Railroaders seek quality of life improvements

(Source: Associated Press, January 26, 2023) The contract imposed on railroad workers last fall didn’t resolve their quality-of-life issues, but there are indications some Class I railroads are starting to address some of their concerns about demanding schedules that...

UP reports Q4 and full year 2022 results

(Source: Union Pacific press release, January 24, 2023) OMAHA, Neb. — Union Pacific Corporation today reported 2022 fourth quarter net income of $1.6 billion, or $2.67 per diluted share. This compares to 2021 fourth quarter net income of $1.7 billion, or $2.66 per...

Tehachapi Pass line reopened after derailment

(Source: Trains Magazine, January 22, 2023) The Union Pacific main line over Tehachapi pass reopened late Saturday following the derailment of a train earlier in the day, BNSF reports in a customer notification on its website. The train involved was apparently a Union...