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 and chief executive officer. “In this difficult environment, we’ve continued to focus on running our business efficiently and improving customer service. As a result, we finished the year with new records in safety, service, customer satisfaction and efficiency.” Slightly stronger fourth quarter demand led

OMAHA, Neb. — Union Pacific Railroad achieved a record year of 1.25 million domestic intermodal shipments in 2009.  In addition, for the second consecutive year, Union Pacific and UPS achieved a “Perfect Peak Season” by delivering 100 percent of UPS peak season freight without a sort failure. “More and more customers are recognizing the value Union Pacific brings to their businesses,” said John Kaiser, Union Pacific vice president and general manager – Intermodal. “We have the equipment, core lane offerings and service products to provide a wide range of transportation solutions. Most importantly, we have the right people with the

OMAHA, Neb. — Union Pacific Railroad announced it set a monthly record for moving loaded agricultural unit trains from facilities across its network. In November, the railroad moved 400 agricultural unit trains, breaking the previous record of 381 trains during October 2006. Of the 400 trains, 338 of them were grain and soybean unit trains and 62 were grain product trains. “With record crop production levels, we knew this would be a busy year.  Every area, from operating to engineering to our dispatch center, was ready for the challenge and provided peak service levels for our customers,” said Paul Hammes,

OMAHA, Neb. — Union Pacific Railroad’s Pipeline Express service has reached a milestone by delivering its 25,000th rail car of customer product. Formed in 2005, Pipeline Express has grown from moving approximately 1,700 rail cars in its first year to nearly 8,000 for its customers through year-end 2008. Pipeline Express serves the steel pipeline industry for oil and gas producers with truck-competitive transit times and a rail network that aligns well geographically with new pipeline projects. Union Pacific’s site selection support for customers is unmatched in the industry. “By offering the best value proposition to the natural gas industry, Union

OMAHA, Neb. — Union Pacific announced several executive assignments effective Jan. 1: Dennis J. Duffy, currently executive vice president  – Operations, will become vice chairman – Operations of the Union Pacific Railroad, remaining as the senior operations executive of the company. Lance M. Fritz, currently vice president – Labor Relations, will become vice president – Operations of the railroad, reporting to Duffy. William R. (Rick) Turner, currently assistant vice president – Labor Relations, will succeed Fritz as vice president – Labor Relations. Robert M. Grimaila, currently senior assistant vice president – Safety, Security and Environment, will be named vice president