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Union Pacific

Corporate Responsibility Names Union Pacific Railroad Among 100 Best Corporate Citizens

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 categories: governance, environmental, human rights, employee relations, climate change, philanthropy and financial. Union Pacific ranks among the leaders in the governance and financial categories. “Being recognized as one of the 100 Best Corporate Citizens is a reflection of our employees’ commitment to serve our
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BNSF

BNSF Reduces Transit Schedules on 60 Percent of its Domestic Premium Intermodal Traffic

FORT WORTH, Texas — BNSF Railway Co. announced that it has reduced transit schedules on 60 percent of its Domestic Intermodal Premium Container traffic, and added 16 more days of service. “These changes are a direct result of feedback from our domestic carrier customers on what they need to attract more over-the-road freight to a truck-rail intermodal solution,” said George Duggan, BNSF vice president, Domestic Intermodal. One of the changes includes reducing transit time by 7 to 10 hours on BNSF’s premier Transcontinental route between Los Angeles/San Bernardino and Chicago, giving customers a morning availability and allowing for same day delivery.
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CSX

CSX Intermodal and Union Pacific Railroad Announce UMAX Domestic Interline Container Program

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 offer extensive market access and expanded capacity across a nationwide intermodal network,” said John Kaiser, Union Pacific vice president and general manager – Intermodal. “Union Pacific and CSX Intermodal are committed to delivering market-competitive service and value to our customers, providing truck-competitive schedules
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FRA

NTSB to FRA: Require Audio and Image Recorders on Locomotives

WASHINGTON — The National Transportation Safety Board makes the following recommendations to the Federal Railroad Administration: Require the installation, in all controlling locomotive cabs and cab car operating compartments, of crash- and fire-protected inward- and outward-facing audio and image recorders capable of providing recordings to verify that train crew actions are in accordance with rules and procedures that are essential to safety as well as train operating conditions.

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Canadian Pacific

Canadian Pacific Railway Declares Dividend

CALGARY — The Board of Directors of Canadian Pacific Railway declared a quarterly dividend of twenty four and three quarter cents ($0.2475) Canadian per share on the outstanding Common Shares. The dividend is payable on April 26, 2010, to holders of record at the close of business on March 26, 2010, and is an eligible dividend pursuant to subsection 89(14) of the Income Tax Act.