October 22, 2021 | Headlines, PSR, UP
(Source: Daily Breeze, October 20, 2021) LONG BEACH, Calif. — The Port of Los Angeles hit another record cargo month in September, bringing the port’s year-to-date growth to 26% over 2020. On Tuesday, Oct. 19, there were 159 vessels in port for both the Ports of Long...
October 22, 2021 | Headlines, PSR, UP
(Source: Reuters, October 21, 2021) LOS ANGELES — Union Pacific Corp — one of two major railroads that haul cargo inland from the backed-up Los Angeles and Long Beach seaports — handled just a few dozen more containers after switching its nearby cargo terminal to...
October 22, 2021 | Headlines, UP
(Source: Reuters, October 21, 2021) NEW YORK — U.S. railroad operator Union Pacific Corp. on Thursday cut its forecast for full-year volume growth, as worsening supply chain disruptions are expected to hit shipments across a sector considered critical in connecting...
October 22, 2021 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, October 21, 2021) OMAHA, Neb. — Union Pacific Corporation today reported 2021 third quarter net income of $1.7 billion, or $2.57 per diluted share. This compares to $1.4 billion, or $2.01 per diluted share, in the third quarter...
October 22, 2021 | Headlines, Quarterly Income, UP
(Source: Reuters, October 21, 2021) NEW YORK — Union Pacific Corp. on Thursday reported a 23% rise in quarterly profit as the railroad operator shipped more chemicals, metals, minerals, paper and plastics to meet U.S. industrial demand. Full story:...
October 22, 2021 | Headlines, Quarterly Income, UP
(Source: Dow Jones Newswires, October 21, 2021) NEW YORK — Union Pacific Corp. on Thursday logged higher earnings and revenue in the latest quarter, despite no growth in freight volumes. Union Pacific’s revenue rose 13% to $5.57 billion. Volumes as measured by...
October 22, 2021 | Headlines, Unions, UP
(Source: Associated Press, October 20, 2021) OMAHA, Neb. — Union Pacific and its labor unions are suing each other to determine whether the railroad has the authority to require its employees to get vaccinated against the coronavirus. Full story: Associated...
October 22, 2021 | Headlines, UP
(Source: Bloomberg, October 19, 2021) LOS ANGELES — Union Pacific Corp. has begun receiving trucks around the clock at its freight facility near the ports of Long Beach and Los Angeles, extending operating time by about 20 hours a week to help ease cargo congestion....
October 19, 2021 | News, Unions, UP
CLEVELAND, October 15, 2021 — The Transportation Division of the International Association of Sheet Metal, Air, Rail, and Transportation Workers (SMART-TD) and the Brotherhood of Locomotive Engineers and Trainmen (BLET) are jointly taking on Union Pacific Railroad...
October 19, 2021 | Headlines, Unions, UP
(Source: Progressive Railroading, October 18, 2021) Union Pacific Railroad on Oct. 15 filed a lawsuit in U.S. District Court after receiving communications from three unions protesting the Class I’s vaccination mandate. The unions involved are the...
