October 27, 2020 | Headlines, KCS, UP
(Source: CNBC, October 26, 2020) NEW YORK — CNBC’s Jim Cramer on Monday, reviewing earnings reports from the railroad companies that have reported thus far, suggested that the rail industry could benefit from consolidation. Full story: CNBC
October 27, 2020 | Headlines, Quarterly Income, UP
(Source: Supply Chain Dive, October 23, 2020) WASHINGTON, D.C. — Union Pacific’s intermodal trip plan compliance fell 4% YoY in Q3 as volume came back to the railroad nearly as quickly as it dropped in Q2, Chief Operating Officer Jim Vena said on a Thursday...
October 27, 2020 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, October 22, 2020) OMAHA, Neb. — Union Pacific Corporation today reported 2020 third quarter net income of $1.4 billion, or $2.01 per diluted share. This compares to $1.6 billion, or $2.22 per diluted share, in the third quarter...
October 27, 2020 | Headlines, Quarterly Income, UP
(Source: Railway Age, October 22, 2020) NEW YORK — Union Pacific’s net income of $1.4 billion for the third quarter of 2020 was down 12% from $1.6 billion in the third quarter of 2019. Operating revenue of $4.9 billion fell 11%, compared to $5.5 billion in 3Q2019....
October 19, 2020 | Headlines, Historic/Steam, UP
(Source: Lexington Clipper-Herald, October 17, 2020) LEXINGTON, Neb. — A book published this year about the 1867 Native American raid and train derailment at Plum Creek is now available at the Dawson County Historical Museum. The book, “Attacking the Union Pacific:...
October 16, 2020 | Headlines, UP
(Source: Bloomberg Law, October 15, 2020) NEW YORK — The four largest U.S. Class I railroads engaged in price fixing for freight transportation services, American Honda Motor Co. alleges in a federal lawsuit filed Thursday. Full story: Bloomberg...
October 15, 2020 | Commuter Rail, Headlines, UP
(Source: Metra press release, October 14, 2020) CHICAGO — Metra today sued Union Pacific Railroad for breach of contract, accusing the freight railroad of severely damaging Metra’s bottom line, reputation and customer experience by an “arbitrary and capricious”...
October 14, 2020 | Headlines, UP
(Source: DC Velocity, October 13, 2020) WASHINGTON, D.C. — As wildfires raged throughout California and Oregon this summer, state officials had limited tools available to protect logistics infrastructure in remote canyons and hillsides. Full story:...
October 13, 2020 | Headlines, UP
(Source: Laredo Morning Times, October 12, 2020) LAREDO, Texas — A Union Pacific employee suffered a leg injury after falling off a railroad car, according to first responders. Full story: www.lmtonline.com
October 7, 2020 | Commuter Rail, Headlines, UP
(Source: Streetsblog Chicago, October 6, 2020) CHICAGO — As if safety concerns, a 90 percent drop in ridership, and plummeting ticket revenue during the COVID-19 pandemic weren’t enough to worry about, Metra commuter rail’s ongoing dispute with the Union Pacific...
