January 31, 2020 | 2-man Crews, Headlines, UP
(Source: Television station KWTX, January 30, 2020) WACO, Texas — What’s driving the proposed change is this year’s scheduled completion of a $15 billion automatic railroad braking system, which, the industry says, supports the move toward eliminating one of the two...
January 30, 2020 | Headlines, UP
(Source: Supply Chain Dive, January 29, 2020) WASHINGTON, D.C. — Union Pacific Railroad will reopen 58 interline service lanes with CSX and Norfolk Southern beginning Feb. 1, the railroad informed customers Monday. The railroad said the decision was “a result of...
January 29, 2020 | Headlines, UP
(Source: Television station News4SanAntonio, January 28, 2020) SAN ANTONIO, Texas — Trains have been stopping on the tracks at the east side railroad crossing of Rittiman Road and Gibbs-Sprawl Road backing up traffic. Full story:...
January 27, 2020 | BNSF, Headlines, UP
(Source: American Journal of Transportation, January 24, 2020) LOS ANGELES — Peter Friedmann, executive director of the Washington, D.C. Agriculture Transportation Coalition, says better and cheaper rail service will help U.S. West Coast ports and agricultural...
January 27, 2020 | BNSF, Headlines, UP
(Source: Los Angeles Times, January 27, 2020) BERKELEY — California’s railroad tracks are now lined with men and women sleeping in tents or under cardboard boxes, from the underpasses of Oakland and L.A. to the farmlands of the Central Valley. As a result, train...
January 27, 2020 | Headlines, UP
(Source: Freight Waves, January 24, 2020) CHATTANOOGA, Tenn. — Longer trains and headcount reductions are among the initiatives that Union Pacific expects to deploy to improve its operating ratio in 2020. Executives said UP is planning to achieve about $500 million in...
January 27, 2020 | Headlines, UP
(Source: Supply Chain Dive, January 24, 2020) WASHINGTON, D.C. — Union Pacific is not yet at the 50-yard line when it comes to improving the efficiency and profitability of the railroad, COO Jim Vena said on an earnings call Thursday. Further headcount reduction and...
January 24, 2020 | Headlines, UP
(Source: Reuters, January 23, 2020) NEW YORK — Union Pacific Corp shares rose more than 2% on Thursday after executives at the railroad operator said the U.S.-China trade pact should help reverse slumping volumes in the second half of 2020. Full story:...
January 24, 2020 | Headlines, UP, War on Workers
(Source: Seeking Alpha, January 23, 2020) NEW YORK — Union Pacific plans to run its railroad with nearly 3,000 fewer workers this year, CEO Lance Fritz tells the Wall Street Journal, as it pushes ahead with a new operating plan that runs fewer, longer trains. The...
January 23, 2020 | Headlines, Quarterly Income, UP
(Source: Associated Press, January 23, 2020) OMAHA, Neb. — Union Pacific’s fourth-quarter profit fell 10% as the railroad hauled 11% less freight. The railroad said Thursday that it earned $1.4 billion, or $2.02 per share in the quarter. That’s down from...
