Union Pacific

OMAHA, Neb. — Union Pacific Corp. announced that its Board of Directors voted today to increase the quarterly dividend on the company’s common shares by 22 percent to 33 cents per share. The increased dividend is payable July 1, 2010, to stockholders of record on May 28.

OMAHA, Neb. — Union Pacific will improve Wyoming’s transportation infrastructure with a more than $20 million investment to improve the rail line that runs from near Manville to near Lusk, Wyo. Work on the nearly 26-mile stretch of railroad track began May 4 and is scheduled to be completed in mid June. The project includes removing and installing new rail and more than 67,000 concrete ties. Crews also will spread more than 86,000 tons of rock ballast reinforcing the roadbed. Union Pacific is using a modern track renewal train, the TRT 909, which installs rail and concrete ties in one

OMAHA, Neb. — Union Pacific will improve part of Illinois’ transportation infrastructure with a nearly $22 million investment to its rail line that runs from Dupo to near Fults, Ill. The projects include installing nearly 48 miles of new rail, replace six switches – the machines that guide a train from one track to another and renew the surfaces in 89 road crossings.  The rail replacement project began May 4 and is scheduled to be completed the first week of July.  The road surfacing improvement projects began in April and are scheduled to be completed in mid September and the

OMAHA, Neb. — Union Pacific will improve part of Iowa’s transportation infrastructure with a more than $8.5 million investment to its rail line that runs from near Clinton to near Blairstown, Iowa. The projects include removing and installing nearly 54,000 ties, spread 33,500 tons of rock ballast to ensure a stable roadbed, renew the surfaces in 79 road crossings. The tie replacement project began May 1 and is scheduled to be completed by the first week of June. The road surfacing improvement projects began in April and are scheduled to be completed in November.  Crews will also replace a total

OMAHA, Neb. — Union Pacific will improve part of Missouri’s transportation infrastructure with a more than $3 million investment to its rail line that runs from near Jefferson City to California, Mo. The projects include removing and installing more than 22,000 ties, spread more than 11,000 tons of rock ballast to ensure a stable roadbed and renew the surfaces in 31 road crossings.  The tie replacement project began April 25 and is scheduled to be completed by the end of June.  The road surfacing improvement projects began in February and are scheduled to be completed by the end of May.

OMAHA, Neb. — Union Pacific Railroad has been named 2009 Rail Carrier of the Year by Lowe’s Home Improvement. Union Pacific’s selection was based on the company’s ability to differentiate itself through its variety of products and the railroad’s commitment to customer service. “We work hard to understand our customers’ needs, develop strategic freight transportation solutions and provide outstanding customer service,” said Eric Butler, Union Pacific vice president and general manager – Industrial Products. “We are honored to be recognized by Lowe’s and our entire Lowe’s team is dedicated to delivering even better results in 2010.”