Railroad News

UP recognized as 'military friendly' employer

Rail News Home Union Pacific Railroad 8/28/2019 Rail News: Union Pacific Railroad
image Union Pacific Railroad was recognized once again as a "Military Friendly Employer" by Victory Media, the publisher of G.I. Jobs.This year's designation was the fifth consecutive time the magazine recognized UP among employers that "create sustainable and meaningful benefit for the military community after they transition into civilian life," UP officials said in a press release.More than 17 percent of UP employees have military experience, with some still active in the National Guard or Reserves. In the last five years, 24 percent of new hires were veterans.UP's veteran employee resource group dubbed UP VETS helps to attract, develop and retain veterans at the railroad.

Contact Progressive Railroading editorial staff.

More News from 8/28/2019


Copyright

© © Trade Press Media Group, Inc.

Continue reading
20 Hits

Metra cancels Union Pacific West schedule changes

Rail News Home Union Pacific Railroad 8/27/2019 Rail News: Union Pacific Railroad
image Union Pacific determined that Metra’s proposed changes on UP West could result in conflicts between commuter and freight trains.Photo – Metra

Chicago commuter railroad Metra and Union Pacific Railroad have agreed to cancel a previously announced schedule change on the UP West line, which would have adjusted departure times of some trains on the line by Sept. 3. 

UP determined that the proposed changes on UP West could result in conflicts between commuter and freight trains along the busy rail corridor, Metra officials said in a press release.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
26 Hits

Union Pacific reports PTC progress

Rail News Home Union Pacific Railroad 7/24/2019 Rail News: Union Pacific Railroad
image Union Pacific Railroad has implemented positive train control on 1,081 route miles in the second quarter.Photo – UP

Union Pacific Railroad yesterday announced that it has implemented positive train control (PTC) on 1,081 route miles in the second quarter, bringing its PTC-operated route miles to 14,678, or 86 percent. 

UP now is running PTC operations in 22 states, and is working with freight and passenger railroads to implement PTC on its remaining 2,384 route miles by 2020, UP officials said in a press release. 

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
0 Hits

UP posts higher profit, lower expenses in Q2

Union Pacific Railroad reported today that 2019 second-quarter net income rose 4 percent to $1.6 billion, or $2.22 per diluted share, compared with $1.5 billion, or $1.98 per diluted share, in the same quarter a year ago.

UP's operating income rose 8 percent to $2.3 billion and the company's operating ratio (OR) improved to 59.6 percent from 63.0 percent compared with second-quarter 2018.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
44 Hits

UP recognizes 46 companies for safe hazmat practices

Rail News Home Union Pacific Railroad 6/21/2019 Rail News: Union Pacific Railroad
image Union Pacific Railroad has recognized 46 companies with the Class I's Pinnacle Award for safely transporting chemical products by rail.The annual award honors UP customers that implement release prevention protocols, corrective action plans and have zero non-accident releases (NARs) of regulated hazardous materials shipments.UP's hazardous materials safety team supports its customers with joint rail safety training programs and rail-car inspections, UP officials said in a press release."Union Pacific is committed to delivering chemical shipments in the safest manner and applauds this year's Pinnacle Award recipients for their initiatives and measures eliminating rail car chemical releases,” said Kenny Rocker, executive vice president, marketing and sales.To read a list of this year's winners, click on this link.

Contact Progressive Railroading editorial staff.

More News from 6/21/2019


Copyright

© © Trade Press Media Group, Inc.

Continue reading
85 Hits

UP's 2018 'Building America' report addresses cybersecurity

Union Pacific Railroad's latest annual report on sustainability includes for the first time cybersecurity efforts taken to protect the Class I's infrastructure and assets.

UP yesterday released its 2018 "Building America Report," the company's 10th annual sustainability report detailing progress toward its social, economic and environmental initiatives. The report highlights corporate strategy changes and impact on UP's customers, investors, employees and communities.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
119 Hits

Oregon Sens. Wyden, Merkley express concerns over UP layoffs

Oregon's two U.S. senators are raising concerns with Union Pacific Railroad's reported plan to eliminate nearly 200 jobs from the Class I's Hinkle Rail Yard in Hermiston.

In a letter sent this week to UP Chairman, President and Chief Executive Officer Lance Fritz, the senators wrote that the railroad's decision to reduce jobs at the yard and close the Hinkle supply warehouse and mechanical locomotive shop "will devastate this rural community by hamstringing the economic opportunities and stability of the entire region."

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
111 Hits

UP marks transcontinental railroad's 150th anniversary

Rail News Home Union Pacific Railroad 5/13/2019 Rail News: Union Pacific Railroad
image Tapping a ceremonial Golden Spike from left are Dodge, Gov. Herbert, Fritz, U.S. Rep. Rob Bishop (R-Utah), Yee and Scott Moore.Photo – up.com

Union Pacific Railroad executives joined other public and private-sector officials in ceremonies last week marking the 150th anniversary of the driving of the Golden Spike in Promontory Summit, Utah, which signaled the completion of the transcontinental railroad.

On May 9, a ceremony held at Ogden Union Station in Ogden, Utah, featured UP's steam locomotives Living Legend No. 844 and Big Boy No. 4014. The two met, recreating the historic image taken at Promontory Summit on May 10, according to a UP press release.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
102 Hits

UP plans $20 million project for New Mexico block swap yard

Rail News Home Union Pacific Railroad 5/6/2019 Rail News: Union Pacific Railroad
image The additional block swap yard at the Santa Teresa intermodal terminal (shown) will allow the Class I to add container blocks to passing trains faster and more efficiently.Photo – up.com

Union Pacific Railroad is investing $20 million to build an additional block swap yard at its Santa Teresa intermodal terminal and refueling station in New Mexico.

The additional block swap yard will allow the Class I to add container blocks to passing trains faster and more efficiently, according to a press release issued by the New Mexico Economic Development Department.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
146 Hits

UP to close Rochelle intermodal ramp as part of Chicago-area simplification plan

After an end-to-end analysis of the intermodal network through the Unified Plan 2020 initiative, Union Pacific Railroad identified three key changes it plans to implement in the months ahead, Executive Vice President of Marketing and Sales Kenny Rocker wrote in a customer announcement issued yesterday.

The first calls for simplifying the Class I's intermodal complex in Chicago, where the railroad operates six intermodal facilities: five active ramps and an equipment depot.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
116 Hits

Union Pacific 'pauses' Brazos Yard construction

Union Pacific Railroad is "pausing" construction of its new $550 million Brazos Yard in Robertson County, Texas.

The Class I will shift remaining funds planned for the Brazos construction in 2019 to siding extensions on UP's Sunset route — which runs between Los Angeles and El Paso, Texas — and a block-swap yard in Santa Teresa, New Mexico, a move that will add to UP's network flexibility, Chief Operating Officer Jim Vena told analysts during a first-quarter 2019 earnings conference call last week.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
129 Hits

UP touts Q1 results, operating performance

Union Pacific Corp. today announced a 6 percent increase in net income during the first-quarter, despite dealing with severe flooding and a 2 percent decline in business volumes.

The Class I posted Q1 2019 net income of $1.4 billion, or $1.93 per diluted share, compared with $1.3 billion, or $1.68 per diluted share, in the same period a year ago, according to a UP press release.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
159 Hits

Union Pacific to mark transcontinental railroad anniversary

Union Pacific Railroad will host a celebration May 9 in Ogden, Utah, to mark the 150th anniversary of the transcontinental railroad's completion.

The ceremony will be held at Ogden Union Station, a day ahead of Utah's celebration at Promontory Summit where the "golden spike" was originally tapped into place, according to a UP press release.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
153 Hits

UP set income record, advanced Unified Plan in Q4

By Jeff Stagl, Managing Editor

Union Pacific Corp. today reported record fourth-quarter net income of $1.6 billion and diluted earnings per share of $2.12, up 29 percent and 39 percent, respectively, compared with adjusted results for fourth-quarter 2017.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
175 Hits

Union Pacific to participate in Bush funeral procession

Union Pacific Railroad will be part of this week's funeral procession for President George H.W. Bush, who died Nov. 30 at the age of 94.

Following funeral and memorial services in Washington, D.C., and Houston, Bush will be transported by the funeral train from Spring to College Station, Texas, on Thursday.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
175 Hits

UP's Bolin to succeed Rock as VP-external relations

Union Pacific Corp. has named Printz Bolin vice president-external relations, effective Dec. 1. He will succeed Mike Rock, who will retire Feb. 15, 2019, after 29 years of service at the Class I.

Currently assistant VP-external relations, Bolin will continue to work out of UP's office in Washington, D.C., when he starts his new role, UP officials said in a press release.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
156 Hits

UP's Knight dubbed 'Best CFO' for sixth-straight year

Rail News Home Union Pacific Railroad 11/27/2018 Rail News: Union Pacific Railroad
image Union Pacific Railroad Executive Vice President and Chief Financial Officer Rob Knight has made Institutional Investor magazine's "Best CFO" list for the sixth consecutive year.He is listed on the 2019 All-America Executive Team list of airfreight and surface transportation companies. Knight topped Institutional Investor's Best CFO list in the buy-side category of the combined airfreight and surface transportation sector.Knight began his UP career in 1980 and since has held various positions, including VP and general manager-energy, VP and general manager-automotive and senior VP of finance. He is a board member for Grupo Ferroviario Mexicano and TTX Co."Being recognized Best CFO by Institutional Investor for six years in a row is truly an honor recognizing our team's unrelenting focus on driving shareholder value," Knight said in a press release. "We are committed to rewarding shareholders through responsible capital management, dividends and share repurchases."The magazine has recognized people and firms in the financial services industry for more than 30 years. Best CFO rankings are determined by Institutional Investor's annual survey of the country's top analysts and portfolio managers. Other CFOs recognized on the latest list include Old Dominion Freight Line's Adam Satterfield and J.B. Hunt Transport Services' David Mee.

Contact Progressive Railroading editorial staff.

More News from 11/27/2018


Copyright

© © Trade Press Media Group, Inc.

Continue reading
161 Hits

Union Pacific updates PTC progress report

Union Pacific Railroad is making progress on its plan to implement positive train control (PTC) and will meet all required deadlines for installing the safety technology on its network, the Class I announced yesterday.

"As allowed by federal law," UP will continue to implement, test and refine the technology during 2019 and 2020, company officials said in a press release.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
208 Hits

UP's Iowa infrastructure to get $47 million boost

Rail News Home Union Pacific Railroad 3/27/2018 Rail News: Union Pacific Railroad
imageUnion Pacific Railroad's 2018 capital expenditures program includes $47 million for track and bridge maintenance projects in Iowa.The work will include $39.7 million to maintain track and $5.9 million to maintain bridges in the state.Key projects will include $12 million for work on the Mississippi River Bridge in Clinton; $8.4 million to replace 72,000 ties between Grand Junction and Mallard; and $5.7 million to replace 42,000 ties between Nevada and Tama.Over the past five years, UP has spent $357.5 million on its network in Iowa, according to a UP press release.

Contact Progressive Railroading editorial staff.

More News from 3/27/2018


Copyright

© © Trade Press Media Group, Inc.

Continue reading
510 Hits

UP to serve Ocean Network at West Coast ports

Rail News Home Union Pacific Railroad 3/23/2018 Rail News: Union Pacific Railroad
imageOcean Network Express Pte. Ltd. (ONE) and Ocean Network Express North America have selected Union Pacific Railroad to handle intermodal shipments arriving on container ships at West Coast Ports effective April 1.ONE, which has a global fleet of more than 250 vessels, was established by a merger of Japan's three largest ocean carriers: MOL, NYK and K Line.Under the agreement, containers arriving or departing from West Coast ports will transfer between ONE vessels and UP trains at its on-dock and near-dock facilities in Los Angeles and Long Beach, California. UP also will carry ONE shipments arriving at ports in Seattle and Tacoma, Washington, UP officials said in a press release."Union Pacific is proud to continue our relationship with the carriers that make up ONE's joint venture and support its changing needs with transportation solutions offering efficient transit times and reliability," said Beth Whited, Union Pacific executive vice president and chief marketing officer. "We are well-positioned to leverage innovative customer tools and international intermodal resources to provide seamless service, flexibility and new market opportunities."With its headquarters in Singapore, ONE's liner network covers more than 100 countries. ONE's North American headquarters is in Richmond, Virginia.

Contact Progressive Railroading editorial staff.

More News from 3/23/2018


Copyright

© © Trade Press Media Group, Inc.

Continue reading
555 Hits

Contact Us

VISIT US

35505 Cooper Road
Brookshire, TX 77423
View a Map of Our Location

OUR HOURS

Monday - Friday
8 AM - 5 PM
Saturday - Sunday
CLOSED

TALK TO US

Phone
281.392.4850

CONNECT WITH US