July 30, 2020 | Headlines, UP
(Source: CNN, July 29, 2020) TEMPE, Ariz. — One person was treated for smoke inhalation after a Union Pacific train derailed and caught fire on a bridge over Tempe Town Lake in Arizona, officials said Wednesday. The train was hauling hazardous material, according to...
July 29, 2020 | Headlines, KCS, UP
(Source: Supply Chain Dive, July 28, 2020) WASHINGTON, D.C. — Hanna, which made landfall in Texas as a hurricane Saturday night, moved west Monday, dumping up to a foot of rain in southern Texas and northern Mexico and slowing border crossings. Major northbound routes...
July 28, 2020 | Headlines, UP
(Source: CBS Los Angeles, July 27, 2020) LOS ANGELES — Police for the Union Pacific Railroad will no longer collaborate with Immigration and Customs Enforcement (ICE) to detain people and transfer them into federal custody, the ACLU announced Monday. Full story: CBS...
July 27, 2020 | Headlines, UP
(Source: Freight Waves, July 24, 2020) CHATTANOOGA, Tenn. — Union Pacific is looking for opportunities to take more market share away from trucks, whether that means through investments or through its own service product, executives said during the company’s...
July 27, 2020 | Headlines, UP
(Source: Railway Age, July 23, 2020) NEW YORK — Union Pacific (UP), the fifth Class I to report second-quarter 2020 financials, was hit hard, like most of its peers. Net income of $1.1 billion, or $1.67 per diluted share, was 41% lower than the $1.6 billion, or $2.22...
July 27, 2020 | Headlines, UP
(Source: Reuters, July 23, 2020) NEW YORK — Union Pacific Corp. on Thursday signaled caution on the U.S. economic recovery as a spike in COVID-19 infections forces cities and states to backtrack on plans to reopen businesses that were shuttered to contain the...
July 23, 2020 | Headlines, STB, UP
(Source: Progressive Railroading, July 22, 2020) Metra yesterday asked the Surface Transportation Board (STB) to issue a preliminary injunction to prevent Union Pacific Railroad from taking steps that the Chicago commuter railroad says would “degrade or...
July 23, 2020 | Headlines, Quarterly Income, UP
(Source: Freight Waves, July 23, 2020) CHATTANOOGA, Tenn. — Net profit for Union Pacific in the second quarter fell 28% amid a 20% decline in volumes resulting from the economic impact of the coronavirus pandemic. Second-quarter net income totaled $1.1 billion, or...
July 23, 2020 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, July 23, 2020) OMAHA, Neb. — Union Pacific Corporation today reported 2020 second quarter net income of $1.1 billion, or $1.67 per diluted share. This compares to $1.6 billion, or $2.22 per diluted share, in the second quarter...
July 17, 2020 | BNSF, Headlines, UP
(Source: Freight Waves, July 16, 2020) CHATTANOOGA, Tenn. — Class I railroads’ discussions about setting local and interline rates can be included as evidence in dozens of shippers’ lawsuits over price fixing in the 2000s, various federal agencies have concluded. The...
