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Union Pacific

Union Pacific Reports Record Quarter

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.

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Union Pacific

Union Pacific Railroad’s Iconic Steam Locomotive to Tour the Pacific Northwest

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.

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Union Pacific

Union Pacific Reports Record Quarterly Earnings

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
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Union Pacific

Owens Corning Recognizes Union Pacific Railroad for Service Excellence

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