April 23, 2020 | Headlines, UP
(Source: Sandusky Register, April 21, 2020) PERKINS TWP., Ohio — Kevin Jaycox has a message for Ohioans clamoring for a return to normalcy amid the coronavirus outbreak: Pump the brakes. Jaycox has worked in eight states since November and has been quarantined twice....
April 23, 2020 | Headlines, Quarterly Income, UP
(Source: Freight Waves, April 23, 2020) CHATTANOOGA, Tenn. — Union Pacific’s net profits for the first quarter rose 7%, with the company reaching a record operating ratio (OR) despite lower revenues. Union Pacific (UP) announced its first-quarter 2020 net income was...
April 23, 2020 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, April 23, 2020) OMAHA, Neb. — Union Pacific Corporation today reported 2020 first quarter net income of $1.5 billion, or $2.15 per diluted share. This compares to $1.4 billion, or $1.93 per diluted share, in the first quarter...
April 20, 2020 | CEO Pay, Headlines, UP
(Source: Barron’s, April 17, 2020) NEW YORK —Union Pacific William J. DeLaney paid $2.1 million on March 31 for 15,000 Union Pacific shares, an average price of $138.20 each. DeLaney made the purchase through a trading plan that executes automatically when preset...
April 13, 2020 | Headlines, UP
(Source: Freight Waves, April 10, 2020) CHATTANOOG, Tenn. — The second and third quarters could see “substantial” declines in revenue for the Class I railroads as North America rides out the coronavirus pandemic, according to Wall Street analysts’ perspectives,...
April 13, 2020 | BNSF, Headlines, UP
(Source: Cowboy State Daily, April 9, 2020) CHEYENNE, Wyo. — A Wyoming legislator is urging Gov. Mark Gordon to ensure rail workers’ safety during the coronavirus pandemic, reiterating to the governor how important the industry is to Wyoming. Full story: Cowboy State...
April 8, 2020 | Headlines, UP
(Source: Standard-Examiner, April 6, 2020) SALT LAKE CITY, Utah — Gov. Gary Herbert has vetoed a tax on railroad fuel, disappointing those who hoped the revenue would be used to build overpasses at crossings chronically blocked by trains. Full story:...
April 7, 2020 | Headlines, UP
(Source: www.newsmax.com, April 6, 2020) NEW YORK — Lost among the well-deserved praise for workers on the front lines of healthcare and emergency response is the critical role the logistics sector is playing in curing and comforting our nation. One particularly...
April 1, 2020 | CSX, Headlines, UP
(Source: Freight Waves, April 1, 2020) CHATTANOOGA, Tenn. — Union Pacific and CSX said the coronavirus pandemic is creating huge uncertainties that could translate into “material” financial impacts on the companies’ financial results, according to filings with the...
March 30, 2020 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, March 26, 2020) OMAHA, Neb. — You are invited to listen to Union Pacific Corporation’s first quarter 2020 earnings release presentation that will be broadcast live over the Internet and via teleconference on Thursday, April 23,...