Union Pacific Puts Shipping Limits on Hold
Union Pacific says it will stop imposing temporary limits on certain businesses’ shipments while it reviews the policy that federal regulators and shippers criticized at a hearing in mid-December.
Union Pacific’s Embargoes Generate Complaints From Shippers
Federal regulators and shippers are questioning Union Pacific’s decision to temporarily limit some businesses’ shipments as part of its effort to clear up congestion across the railroad.
Union Pacific Announces Strong Q4, 2021 Earnings
Union Pacific Corp. saw strong fourth-quarter earnings and record results for 2021, the company announced Jan. 20.January 20, 2022
COVID-19 Pandemic Impacts Q4 Earnings at Union Pacific
Union Pacific saw its fourth-quarter and full-year results decline versus year-ago levels, but the Class I rail carrier said its implementation of precision scheduled railroading is reaping benefits for its operations.January 26, 2021
Union Pacific Posts Lower Net Income, Revenue in Q3
Union Pacific Corp. is the latest Class I railroad to report lower third-quarter earnings when measured against 2019, with company officials saying Oct. 22 the COVID-19 pandemic is responsible for the drop in net income and revenue.October 22, 2020
Union Pacific ‘Right of Way’ Sticking Point in California Rail Project
The most ambitious rail project of California’s future is increasingly dependent on the cooperation of the very railroad that shaped the state’s past — and there are signs their relationship is growing strained.
Union Pacific, Switchman With Arthritic Knees Settle Discrimination Suit
Union Pacific and a former switchman at the railroad’s Grand Junction, Colo., rail yard have settled for an undisclosed amount his allegations that he was discriminated against because he has arthritic knees, the parties told Bloomberg on June 6.
Union Pacific Has Cleared About 80% of Congestion, CEO Says
Union Pacific Corp. operations are about 80% of normal, after it deployed more locomotives and crews to clear network congestion that began eroding service last year, CEO Lance Fritz said.
Union Pacific Starts Work on $550 Million Rail Yard in Texas
Union Pacific Railroad announced Jan. 25 the company started construction this month on a major rail yard near Hearne, Texas, a $550 million project that’s the largest in the railroad’s 103-year history.
Union Pacific Ends 2017 on the Right Track
Union Pacific Corp. announced that profits grew to $7.3 billion or $9.25 per share, a figure that includes a line item connected to the Tax Cuts and Jobs Act.