Union Pacific

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Union Pacific

Union Pacific Reports Record Quarterly Earnings

July 23, 2010 Railfanning.org News Wire
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

July 16, 2010 Railfanning.org News Wire
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
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Union Pacific

Bloomberg BusinessWeek Names Union Pacific to Top 50

June 24, 2010 Railfanning.org News Wire
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
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Union Pacific

Union Pacific Railroad’s Legendary Steam Locomotive To Be Part of Centennial Celebration

June 17, 2010 Railfanning.org News Wire
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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Union Pacific

Union Pacific Railroad Invests More Than $20 Million for Track Improvements to Its Line from Near Manville to Near Lusk, Wyo.

May 7, 2010 Railfanning.org News Wire
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
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Union Pacific

Union Pacific Railroad Invests Nearly $22 Million for Track Improvements to Its Line from Dupo to Near Fults, Ill.

May 7, 2010 Railfanning.org News Wire
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
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Union Pacific

Union Pacific Railroad Invests More Than $8.5 Million for Track Improvements to Its Line from Near Clinton to Near Blairstown, Iowa

May 7, 2010 Railfanning.org News Wire
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