January 30, 2023 | Derailment, Headlines, UP
(Source: Associated Press, January 28, 2023) About 130 people in north Louisiana were ordered to evacuate Saturday after a train derailed and at least two cars began leaking hazardous products, state police said. No injuries were reported. Full story: Associated...
January 30, 2023 | Headlines, UP
(Source: Trains Magazine, January 27, 2023) Union Pacific on Thursday ended the weather-related embargo it imposed on traffic moving to and from locations in Iowa, Minnesota, and Wisconsin on Dec. 29. Full story: Trains Magazine
January 27, 2023 | Headlines, UP
(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...
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 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, UP
(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...
January 25, 2023 | Headlines, Quarterly Income, UP
(Source: Associated Press, January 24, 2023) Union Pacific’s fourth-quarter profit slipped 4% as severe winter weather snarled shipments in late December and the railroad continued to struggle to improve its operations enough to handle all the cargo businesses want to...
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 | BNSF, Derailment, Headlines, UP
(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...
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...
