April 30, 2021 | Headlines, UP
(Source: Television station KTRE, April 29, 2021) PALESTINE, Texas — A group of current and retired Palestine railroad workers are fighting to keep Union Pacific from leaving town. They are raising money to take legal action against the railroad. They’re raising money...
April 27, 2021 | Headlines, UP
(Source: Land Line Media, April 26, 2021) CHICAGO — Union Pacific Railroad must face a class action lawsuit filed by truckers alleging the company violated the Illinois Biometric Information Privacy Act. In March, an Illinois federal district court denied Union...
April 23, 2021 | Headlines, UP
(Source: Freight Waves, April 22, 2021) CHATTANOOGA, Tenn. — Any merger involving Kansas City Southern and either Canadian Pacific or CN should be scrutinized by regulators to ensure that the combined railroad doesn’t cause downstream impacts to the value of competing...
April 23, 2021 | Headlines, UP
(Source: Railway Age, April 22, 2021) NEW YORK — On Union Pacific’s April 22 1Q2021 earnings call, chief executive Lance Fritz was peppered with questions about the potential implications of Canadian Pacific or CN acquiring Kansas City Southern. Following is a...
April 22, 2021 | Headlines, UP
(Source: Freight Waves, April 22, 2021) CHATTANOOGA, Tenn. — First-quarter net income for Union Pacific fell 9% compared with a year ago amid a 4% decline in operating revenue. Net profit was $1.3 billion, or $2 per diluted share, compared with $1.5 billion, or $2.15...
April 22, 2021 | Headlines, UP
(Source: Union Pacific press release, April 22, 2021) OMAHA, Neb. — Union Pacific Corporation today reported 2021 first quarter net income of $1.3 billion, or $2.00 per diluted share. This compares to $1.5 billion, or $2.15 per diluted share, in the first quarter...
April 20, 2021 | Headlines, UP
(Source: Streetsblog Chicago, April 19, 2021) CHICAGO — Just when I was starting to wonder if Union Pacific Railroad was ever going to return to collecting fares on the three commuter rail lines it operates for Metra, today both entities confirmed that conductors will...
April 19, 2021 | Headlines, UP
(Source: Freight Waves, April 18, 2021) CHATTANOOGA, Tenn. — Operating ratio (OR) is a way for investors to compare the financials of one company against its peers. Investors use OR to gauge whether a company is generating sufficient profits. The formula to calculate...
April 19, 2021 | Headlines, UP
(Source: KLTV, April 16, 2021) PALESTINE, Texas — Union Pacific notified workers at the Palestine Car Facility that 57 positions will be eliminated mid-June. Currently, the Palestine Union Pacific workforce is 60 people. Full story: www.kltv.com
April 16, 2021 | Headlines, UP
(Source: Palestine Herald, April 15, 2021) PALESTINE, Texas — Union Pacific Railroad met with Palestine staff Thursday and told them they have 60 days until the Palestine Car Facility closes June 14, according to longtime employee Brad Henry. Full story: Palestine...
