April 29, 2022 | Headlines, UP
(Source: Bloomberg Law, April 28, 2022) WASHINGTON, D.C. — The U.S. Supreme Court in a 4-4 split on Thursday affirmed a lower court ruling that said a train that is stopped is not “in use” under federal labor law, absolving Union Pacific of liability for a worker’s...
April 27, 2022 | BNSF, CSX, News, NS, PSR, UP
INDEPENDENCE, Ohio, April 27 — In San Diego today, members of the BLET’s California State Legislative Board, National President Dennis Pierce, and numerous other special guests rallied by a mobile billboard that is part of the union’s outreach campaign demanding that...
April 27, 2022 | Headlines, PSR, Quarterly Income, UP
(Source: Freight Waves, April 21, 2022) CHATTANOOGA, Tenn. — Service issues Union Pacific experienced in the first quarter weren’t due to precision scheduled railroading but to crew shortages, executives told investors during UP’s first-quarter 2022 earnings call...
April 27, 2022 | Headlines, PSR, UP
(Source: Houston television station ABC 13, April 21, 2022) HOUSTON, Texas — Multiple times a day, at the intersection of Lockwood and Clinton, trains rumble through the Union Pacific rail line. If all goes well, a crossing may take 15 to 20 minutes. But more often...
April 27, 2022 | CEO Pay, Headlines, UP
(Source: Defense World, April 22, 2022) NEW YORK — Union Pacific Co. EVP Kenyatta G. Rocker sold 4,018 shares of the company’s stock in a transaction on Thursday, April 21. The stock was sold at an average price of $250.00, for a total transaction of $1,004,500.00....
April 27, 2022 | Headlines, UP
(Source: Television station ABC 13, April 25, 2022) HOUSTON — A draft to take a company to court brings mixed feelings to Kashmere Gardens neighbors looking to break the cycle of health problems. Full story: www.abc13.com
April 22, 2022 | BNSF, Headlines, PSR, UP
(Source: Trains Magazine, April 22, 2022) OMAHA, Neb. — In a reflection of escalating tension between Class I railroads and their union workers — both as national contract negotiations drag on and because of friction arising from Precision Scheduled Railroading — the...
April 22, 2022 | Headlines, PSR, Quarterly Income, UP
(Source: S&P Global Platts, April 21, 2022) HOUSTON — Union Pacific and other major railroads said they are acting aggressively to solve their workforce woes and operations inefficiencies to move more petroleum, coal, agriculture and other products amid growing...
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...
