January 23, 2020 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, January 23, 2020) OMAHA, Neb. — Union Pacific Corporation today reported 2019 fourth quarter net income of $1.4 billion, or $2.02 per diluted share. This compares to $1.6 billion, or $2.12 per diluted share, in the fourth quarter...
January 22, 2020 | Headlines, UP
(Source: Palestine Herald-Press, January 21, 2020) PALESTINE, Texas — State, city, and county representatives, along with U.S. Rep. Lance Gooden (R-Terrell), met Monday with Union Pacific officials in an effort to keep the railroad, and its dozens of local jobs, in...
January 22, 2020 | Headlines, UP
(Source: Television station KHOU 11, January 21, 2020) HOUSTON — Attorney and environmental activist Erin Brockovich was invited to a community meeting in Houston 20 years after Julia Roberts played her in a namesake motion picture. She joined the chorus of concern...
January 17, 2020 | Headlines, UP
(Source: Supply Chain Dive, January 16, 2020) LOMBARD, Ill. — Precision-scheduled railroading (PSR) is an outdated phrase, Union Pacific Railroad CEO Lance Fritz told the Midwest Association of Rail Shippers’ Winter Meeting in Lombard, Illinois, Wednesday. Full...
January 14, 2020 | CP, Headlines, UP
(Source: Television station WISN, January 13, 2020) MILWAUKEE, Wisc. — The winter storm on Saturday caused an estimated millions of dollars in damage to the Port of Milwaukee, according to port officials. Officials said parts of the port and Jones Island were under 6...
January 9, 2020 | BNSF, Headlines, UP
(Source: Freight Waves, January 8, 2020) CHATTANOOGA, Tenn. — The Class I railroads that have been named in numerous lawsuits alleging price fixing are seeking to move those lawsuits to one court, according to a recent court filing. The railroads want the lawsuits...
January 7, 2020 | Headlines, UP
(Source: Supply Chain Dive, December 29, 2019) WASHINGTON, D.C. — In 2019, almost every Class I railroad transitioned to its own version of precision-scheduled railroading (PSR) — an operating strategy coined by the late CSX CEO Hunter Harrison. The hallmarks of PSR...
January 6, 2020 | BNSF, Headlines, UP
(Source: Houston Chronicle, January 6, 2020) HOUSTON — The petrochemical and refining unit of the French energy major Total is the latest big freight shipper to accuse the nation’s four biggest U.S. railroads of price fixing by adding fuel surcharges to cargo prices....
January 6, 2020 | Headlines, UP
(Source: Fox 4 Kansas City, January 3, 2020) KANSAS CITY, Kan. — Union Pacific is cutting jobs at the Armourdale Yard in KCK, less than three months after employees were laid off at its Neff Yard on the other side of the state line. Full story:...
December 23, 2019 | Commuter Rail, Headlines, UP
(Source: Chicago Daily Herald, December 20, 2019) CHICAGO — Will 2020 be the year Metra begins operating three Union Pacific Railroad commuter routes in its own right? Freight railroad Union Pacific currently runs commuter trains between the city and suburbs as part...
