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Class I railroads upbeat about intermodal in 2021

(Source: Freight Waves, January 29, 2021) CHATTANOOGA, Tenn. — Class I rail executives are hoping anticipated higher North American intermodal volumes will be a moneymaker for their companies in 2021. Full story: Freight Waves

Union Pacific reports Q4 and full year 2020 results

(Source: Union Pacific press release, January 21, 2021) OMAHA, Neb. — Union Pacific Corporation today reported 2020 fourth quarter net income of $1.4 billion, or $2.05 per diluted share. These results include a previously announced $278 million pre-tax, non-cash...

High winds impact UP operations across SE Wyoming

(Source: Union Pacific customer advisory, January 13, 2021) OMAHA, Neb. — High winds with gusts reaching 80-100 miles per hour have been impacting much of southeast Wyoming since early Wednesday morning. The winds are expected to continue through Thursday morning,...

UP: Hydrochloric acid spilled during California derailment

(Source: Visalia Times Delta, November 24, 2020) VISALIA, Calif. — The cause of a six-train car pileup remains unknown today, 24-plus hours after the wreck along Highway 99. No one was injured, however, tankers full of hazardous material were at risk of spilling over,...