January 31, 2023 | Derailment, Headlines, UP
(Source: Trains Magazine, January 30, 2023) Residents evacuated because of a Union Pacific derailment Friday night were allowed to return home Sunday evening, KSLA-TV reports, after leaks in two tank cars were contained. Full story: Trains Magazine
January 31, 2023 | Derailment, Headlines, UP
(Source: East Idaho News, January 30, 2023) Crews spent Monday morning clearing a train derailment near the Union Pacific train station in Old Town Pocatello. This is the third Union Pacific derailment near Pocatello since June. No injuries were reported. Full story:...
January 31, 2023 | Headlines, Historic/Steam, UP
(Source: Television station KSL TV, January 30, 2023) The Arizona spike, which was ceremoniously driven in Utah to mark the transcontinental railroad completion in 1869, sold for a little more than $2 million during an auction that closed Thursday, much more than it...
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, In The Media, 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...
