Union Pacific’s First-Quarter Profit Creeps Up 1%
OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.
Union Pacific Profit Tops Reduced Estimates
Union Pacific Corp. reported profit that topped analysts’ estimates, which had been adjusted down in the last month, as the railroad leaned on efficiency to make up for lower carloads and higher labor costs.
Government Sues Union Pacific Over Using Flawed Vision Test
The U.S. government has joined some former workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were colorblind.
Explosion at Union Pacific Railyard Prompts Evacuations
An explosion inside a container at a Union Pacific railyard prompted evacuations in western Nebraska on Sept. 14 because of the toxic smoke generated when one of the chemicals caught fire.
Union Pacific’s New CEO Won’t Rule Out Cuts
OMAHA, Neb. — Union Pacific’s new CEO, Jim Vena, says he won’t shy away from cuts, but no one should expect the kind of sweeping changes he made when he first oversaw operations a few years ago.
Federal Railroad Inspectors Find Defects at Union Pacific
OMAHA, Neb. — Federal inspectors said they found an alarming number of defects in the locomotives and railcars Union Pacific was using at its railyard in western Nebraska this summer.
Union Pacific Brings Back Jim Vena as CEO
OMAHA, Neb. — Union Pacific on July 26 hired Jim Vena as CEO as the company cut its outlook after reporting disappointing results driven by weakening consumer demand and higher labor costs.
Union Pacific to Renew Push for One-Person Crews
OMAHA, Neb. — Union Pacific will renew its push for one-person train crews when the railroad tests the idea of having a conductor in a truck respond to problems in Nebraska and Colorado.
Union Pacific Reaches Agreement on Engineers’ Work Schedule
OMAHA, Neb. — Engineers who operate trains for Union Pacific will soon have much more predictable schedules allowing them to plan when they are going to be off.
CN Announces Alliance With Union Pacific, Mexican Railroad
Canadian National announced plans to begin rail service in Mexico, the United States and Canada with what the railroad says will be a seamless connection in Chicago.
April 25, 2023