OMAHA, Neb. — Union Pacific Corporation today reported 2010 third quarter net income of $778 million, or $1.56 per diluted share, compared to $514 million, or $1.01 per diluted share, in the third quarter 2009. Third quarter Operating Revenue grew 20 percent to $4.4 billion versus $3.7 billion in the third quarter 2009.
OMAHA, Neb. — Bound for the rugged western U.S., a land of endless possibility that the railroad united with the east in 1869, Union Pacific Railroad’s historic steam locomotive, No. 844, will travel more than 2,300 miles from its base in Wyoming on a 15-day, three-state tour to the Pacific Northwest to celebrate Union Pacific’s role in the building of the western United States.
OMAHA, Neb. – The Board of Directors of Union Pacific Corp. has declared a quarterly dividend of 33 cents per share on its common stock, payable October 1, 2010, to stockholders of record August 31, 2010. Union Pacific has paid dividends on its common stock for 111 consecutive years.
OMAHA, Neb. — Union Pacific Corp. reported 2010 second quarter net income of $711 million, or $1.40 per diluted share, compared to $465 million, or $0.92 per diluted share, in the second quarter 2009. Second quarter 2009 net income included $72 million, or $0.14 per diluted share, related to a Colorado land sale. “Beyond strong earnings growth, the real highlight was achieving a 69.4 percent operating ratio – our first sub-70 quarterly mark, ” said Jim Young, Union Pacific chairman and chief executive officer. “We demonstrated great volume leverage, efficiently handling an 18 percent increase in carloadings at modest incremental
OMAHA, Neb. — Owens Corning recently named Union Pacific Railroad as a 2009 Global Logistics Carrier Excellence award recipient. Union Pacific, the only railroad to receive the award, was recognized for superior on-time performance while significantly contributing to the success of the entire Owens Corning enterprise in 2009. “It is quite an honor to receive this recognition from Owens Corning,” said Eric Butler, Union Pacific vice president – Industrial Products. “We constantly look for ways to add value for our customers by listening to their needs and providing the most efficient and effective transportation solutions.” Owens Corning annually recognizes carriers of
OMAHA, Neb. — Bloomberg BusinessWeek has named Union Pacific to its top 50 list, an annual ranking of the 50 top-performing stocks of the last five years. Union Pacific is ranked No. 44 with a five-year return of 127.9 percent. During this same period – from March 31, 2005 to March 31, 2010 – the S&P 500 Index returned 10 percent. “While we are proud of our performance over the past five years, which includes one of the biggest downturns the U.S. economy has ever seen, we know the importance of remaining focused on safety, service and efficiency,” said Jim Young, Union Pacific
OMAHA, Neb. — Union Pacific Railroad’s historic steam locomotive, No. 844, will travel to Milliken, Colo., from its base in Cheyenne, Wyo., to help the community celebrate its centennial and the railroad’s history and heritage. The “City of Milliken Centennial Special” will depart Cheyenne on June 25 at 5 p.m. and arrive in Milliken at 7:30 p.m. No. 844 will be on public display at the Broad St. crossing in Milliken on June 26 beginning at 10 a.m. until 3 p.m., before it departs Milliken at 7 p.m., arriving back in Cheyenne at 10:30 p.m. “This will be the first
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