April 22, 2022 | BNSF, CSX, Headlines, NS, STB, UP
(Source: Trains Magazine analysis by Bill Stephens, April 22, 2022) WASHINGTON, D.C. — Executives from the big four U.S. railroads — BNSF Railway, CSX Transportation, Norfolk Southern, and Union Pacific — will take turns in the hot seat next week during two days of...
April 21, 2022 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, April 21, 2022) OMAHA, Neb. — Union Pacific Corporation today reported 2022 first quarter net income of $1.6 billion, or $2.57 per diluted share. This compares to 2021 first quarter net income of $1.3 billion, or $2.00 per diluted...
April 21, 2022 | Headlines, Quarterly Income, UP
(Source: Reuters, April 21, 2022) OMAHA, Neb. — Union Pacific Corp. said on Thursday congestion on tracks was hurting its ability to meet shipping demand even as price hikes helped the U.S. railroad operator top market expectations for quarterly results. Total...
April 20, 2022 | BNSF, DOT, Headlines, PSR, STB, UP
(Source: The Load Star, April 19, 2022) TORONTO — Concern over lengthening container dwell times at the ports of Los Angeles and Long Beach has caused US transportation secretary Peter Buttigieg to call on the railways to work harder to tackle the backlogs. Full...
April 19, 2022 | BNSF, Headlines, PSR, UP
(Source: Supply Chain Dive, April 14, 2022) WASHINGTON, D.C. — The railroads are also adding locomotives and limiting the number of cars in their networks in a bid to maintain network fluidity. Union Pacific has added 50 locomotives since January and will remove...
April 18, 2022 | Headlines, PSR, STB, UP
(Source: Associated Press, April 14, 2022) OMAHA, Neb. — A major fertilizer company says the limits Union Pacific is putting on rail traffic to clear up congestion will delay shipments that farmers need during the spring planting season. Full story: Associated...
April 18, 2022 | Headlines, PSR, STB, UP
(Source: Trains Magazine, April 14, 2022) OMAHA, Neb. — Union Pacific’s request that shippers reduce the number of private freight cars in their pipelines – or face strict quotas starting on Monday – has been met with a mix of understanding and outrage. Full story:...
April 18, 2022 | Headlines, PSR, STB, UP
(Source: Michigan Farm News, April 15, 2022) The U.S. railway system, long considered a cost-effective and reliable way to get agricultural inputs and commodities to their destination, are not immune to the post-pandemic supply chain logistical challenges and service...
April 18, 2022 | Headlines, PSR, UP
(Source: Arkansas Democrat Gazette, April 16, 2022) PINE BLUFF, Ark. — Some furloughed employees are being called back to Union Pacific’s Pine Bluff yard to support repairing locomotives, a spokesperson for the Omaha, Neb.-based railroad company confirmed...
April 14, 2022 | News, UP
INDEPENDENCE, Ohio, April 14 — The Brotherhood of Locomotive Engineers and Trainmen (BLET) secured a major court victory over the Union Pacific Railroad (UP) on April 13 as the U.S. Court of Appeals for the 5th Circuit upheld a district court’s 2021 ruling granting...
