Union Pacific Headlines
AAR: 2009 Safest Year Ever for Nation’s Freight Railroads
Posted Friday, March 12, 2010 in BNSF, CSX, FRA, Kansas City Southern, Miscellaneous, Norfolk Southern, Safety, Short Line/Regional, Union Pacific
WASHINGTON — The Association of American Railroads today announced that 2009 was the safest year in freight railroad history, with preliminary year-end data indicating the train accident rate, employee casualty rate and grade crossing incident rates were all at record low levels last year.
“This record of accomplishment shows the depth of the freight railroad industry’s [...]
AAR Reports Monthly Carload Declines Slow in February 2010
Posted Wednesday, March 10, 2010 in BNSF, CSX, Canadian National, Canadian Pacific, Miscellaneous, Norfolk Southern, Short Line/Regional, Union Pacific, World
WASHINGTON — The Association of American Railroads (AAR) reported that in February 2010, U.S. freight railroads saw a 1.5 percent decline in carloads compared with the same month last year and a decline of 15.6 percent compared with the same month in 2008.
AAR: Rail Carload Freight Reaches Highest Level in More Than a Year
Posted Sunday, March 7, 2010 in BNSF, CSX, Canadian National, Canadian Pacific, Kansas City Southern, Miscellaneous, Short Line/Regional, Union Pacific
WASHINGTON — Carload freight volume on U.S. railroads reached its highest level in more than a year during the week ended Feb. 27, the Association of American Railroads reported.
U.S. railroads originated 290,261 carloads during the week ended Feb. 27, up 2.6 percent from the comparable week in 2009 and the highest level reported since the [...]
Union Pacific Railroad Invests $5.7 Million for Track Improvements to Its Line Between Seattle and Fife
Posted Saturday, March 6, 2010 in Union Pacific
ROSEVILLE, Calif. — Union Pacific Railroad will improve Seattle’s transportation infrastructure with a $5.7 million investment to enhance its track from Seattle to Fife, Washington.
Nation’s Governors Recognize Three Companies for Outstanding Collaboration with States
Posted Thursday, March 4, 2010 in Union Pacific
WASHINGTON — The National Governors Association (NGA) on Feb. 22 honored Intel, Union Pacific and UnitedHealthcare with its annual Public-Private Partnership Awards at the closing session of the 2010 NGA Winter Meeting.
Corporate Responsibility Names Union Pacific Railroad Among 100 Best Corporate Citizens
Posted Wednesday, March 3, 2010 in Union Pacific
OMAHA, Neb. – Corporate Responsibility has named Union Pacific Railroad among its 100 Best Corporate Citizens for 2010. The only railroad named to the list, Union Pacific is ranked second among all transportation companies and No. 69 overall.
The 100 Best Corporate Citizens for 2010 measures Russell 1000 Index companies in approximately 360 data points across seven [...]
Union Pacific Railroad Investing Nearly $42 Million to Improve Rail Lines in Arizona
Posted Friday, February 26, 2010 in Union Pacific
ROSEVILLE, Calif. — Union Pacific Railroad is investing nearly $42 million to improve its existing rail lines in Arizona. Projects under way in the first quarter 2010 include track renewal work in the Phoenix and Mesa areas, railroad tie replacement in Union Pacific’s Phoenix and Tucson rail yards and railroad tie replacement on Union [...]
CSX Intermodal and Union Pacific Railroad Announce UMAX Domestic Interline Container Program
Posted Thursday, February 25, 2010 in CSX, Union Pacific
JACKSONVILLE, Fla. — UMAX, a new domestic interline container program created by CSX Intermodal and Union Pacific Railroad, will provide customers access to more than 20,000 containers and expanded market reach across North America.
UMAX will feature more than 600 service lanes supported by faster and more frequent train schedules. UMAX launches March 29, 2010.
“UMAX will [...]
Union Pacific Invests $29 Million for Track Improvements to Its Line from Spring to Houston
Posted Friday, February 12, 2010 in Union Pacific
SPRING, Texas – Union Pacific will improve Houston’s transportation infrastructure with a $29 million investment to improve the rail line that runs from Spring, Texas, to the Washington Avenue Corridor.
Work on the 23-mile stretch of railroad tracks will begin on the line that parallels the Hardy Toll Road February 18. Crews also will make track [...]
Union Pacific Reports Fourth Quarter Earnings
Posted Friday, February 12, 2010 in Union Pacific
OMAHA, Neb. — Union Pacific Corp. reported 2009 fourth quarter net income of $551 million, or $1.08 per diluted share, compared to $661 million, or $1.31 per diluted share in the fourth quarter 2008.
“Union Pacific’s fourth quarter earnings reflected the continued impact of the recession that began in 2008,” said Jim Young, Union Pacific chairman [...]
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