January 27, 2022 | Headlines, Railroad Security, UP
(Source: Supply Chain Dive, January 26, 2022) LOS ANGELES — Robert Vega and his friends talked over beers and the beeping clamor of a nearby excavator after work Friday behind their auto dismantling shop in Lincoln Heights, east of downtown. Full story: Supply Chain...
January 25, 2022 | Headlines, PSR, Railroad Security, UP
(Source: L.A. Taco, January 19, 2022) LOS ANGELES — News organizations both locally and nationally have been covering the rise of cargo theft in LA.’s northeast train tracks in the past few days. However, one major development that may be directly correlated with the...
January 21, 2022 | Headlines, Railroad Security, UP
(Source: Los Angeles Times, January 20, 2022) LOS ANGELES — The viral images were shocking: railroad tracks in the heart of Los Angeles buried in a blizzard of debris, as scavengers picked at what was left behind by thieves who broke into cargo containers on idle...
January 21, 2022 | Headlines, Railroad Security, UP
(Source: Yahoo Finance, January 20, 2022) LOS ANGELES — Piles of looted packages littering Los Angeles’ tracks have become a testament to brazen train robberies, but according to Union Pacific Corp., the problem is under control. Full story: Yahoo...
January 21, 2022 | Headlines, Railroad Security, UP
(Source: Press release from the office of California Governor Gavin Newsom, January 20, 2022) LOS ANGELES — Governor Gavin Newsom today joined Union Pacific representatives, elected officials, law enforcement and Caltrans crews at the Union Pacific railroad in Los...
January 21, 2022 | Headlines, Technology, UP
(Source: Trains Magazine, January 20, 2022) CULVER CITY, Calif. — Union Pacific has expressed interest in a new autonomous battery-electric intermodal car concept developed by a group headed by three former Space X engineers. Full story: Trains...
January 21, 2022 | COVID, Headlines, UP
(Source: Reuters, January 20, 2022) NEW YORK — Union Pacific Corp. said COVID-19 cases among its staff and paid time off for people getting inoculated may hurt its ability to move freight in the current quarter, but that impact should still be less than the 4% slump...
January 20, 2022 | Headlines, Quarterly Income, UP
(Source: Associated Press, January 20, 2022) OMAHA, Neb. — Union Pacific hauled in 24% more profit in the fourth quarter despite supply chain problems and weak auto production, but that is also compared with a period last year that included a one-time $278 million...
January 20, 2022 | Headlines, Quarterly Income, UP
(Source: Union Pacific Railroad press release, January 20, 2022) OMAHA, Neb. — Union Pacific Corporation today reported 2021 fourth quarter net income of $1.7 billion, or $2.66 per diluted share. This compares to adjusted 2020 fourth quarter net income of $1.6...
January 20, 2022 | Headlines, UP
(Source: Southeast Texas Record, January 19, 2022) HOUSTON — Union Pacific Railroad is facing a suit alleging poor safety measures and a defective gate at one of its railroad crossings led to injuries. Full story: Southeast Texas Record