Union Pacific – Page 17 – Railfanning.org

Union Pacific Reports Fourth Quarter Earnings

January 21, 2010 Railfanning.org News Wire

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

Record Year for Union Pacific Railroad’s Domestic Intermodal Shipments; Railroad and UPS Achieved Perfect Peak Season

January 13, 2010 Railfanning.org News Wire

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

Union Pacific Sets Monthly Record Moving Loaded Agricultural Unit Trains

December 15, 2009 Railfanning.org News Wire

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,

Union Pacific Railroad’s Pipeline Express Service Reaches 25,000 Rail Car Milestone

December 13, 2009 Railfanning.org News Wire

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

Union Pacific Names Several to New Assignments

December 11, 2009 Railfanning.org News Wire

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

UP: New Track Adds Capacity and Reduces Delays for Amtrak Missouri River Runner Trains

December 10, 2009 Railfanning.org News Wire

OMAHA, Neb. — Representatives of the Missouri Department of Transportation (MoDOT), the City of California, Union Pacific Railroad and Amtrak officially opened a new $8.1 million, 9,000-foot railroad side track that adds capacity and will reduce delays on the route used by Amtrak Missouri River Runner trains between Kansas City and St. Louis. The new siding, located just west of California, Mo., helps unclog a major “bottleneck” that was caused by a 25-mile stretch of single-track and enables slower freight trains to move off the main line. This allows faster Amtrak trains to pass and is estimated to annually reduce

Union Pacific Railroad Opens Donner Pass Tunnel to Double-Stack Intermodal Container Freight Traffic

November 23, 2009 Railfanning.org News Wire

OMAHA, Neb. — Union Pacific Railroad opened its Donner Pass route to domestic double-stack intermodal container freight traffic Nov. 19, marking the completion of a 12-month project designed to move customer products over a shorter, faster and more efficient route. “The Donner Tunnel project is a great example of how Union Pacific capital investments continue to support our customers’ ability to grow, drive increased operating efficiencies for our railroad and improve America’s transportation infrastructure,” said Jim Young, Union Pacific chairman and chief executive officer. “Union Pacific has invested nearly $17 billion in our rail network since 2004 and remains committed

Harbor Association of Industry & Commerce Honors Union Pacific Railroad for Air Pollution Reduction and Environmental Stewardship Efforts

November 20, 2009 Railfanning.org News Wire

OMAHA, Neb. — The Harbor Association of Industry & Commerce (HAIC) of Southern California has honored Union Pacific Railroad with its “Salute to Industry” award. Union Pacific was recognized for its air pollution reduction and environmental stewardship efforts, along with the railroad’s significant contribution to the improvement of the business environment with the Port of Los Angeles and the Port of Long Beach. “We are grateful to the HAIC for recognizing us with this award,” said Scott Moore, Union Pacific vice president, public affairs. “In addition, we are proud to be a partner with the Port of Los Angeles and

G.I. Jobs Names Union Pacific Railroad Top Military-Friendly Employer

November 9, 2009 Railfanning.org News Wire

OMAHA, Neb. – G.I Jobs has named Union Pacific as America’s top military-friendly employer for 2009. It is the sixth time in seven years the magazine, the nation’s premier career guide for military job seekers, has named Union Pacific to its list. “Union Pacific values the commitment, training and diversity that our armed forces bring to the workplace,’ said Barb Schaefer, Union Pacific senior vice president – Human Resources. “Our continued efforts to attract veterans have resulted in a win-win situation for the company and the veterans we have hired. “Military veterans typically are goal-oriented and bring a strong work

Union Pacific Railroad, CSXT Launch RailChem Connect Between Texas and Southeast to Benefit Chemicals Customers

November 6, 2009 Railfanning.org News Wire

JACKSONVILLE, Fla. — Union Pacific Railroad and CSX Transportation have launched RailChem Connect, a coordinated rail service for expedited transport of chemicals between the Texas Gulf Coast region and the Southeast. The new RailChem Connect service is the result of increased coordination and re-designed interline service by the two railroads for their chemicals market customers. The service allows shipments to bypass smaller rail yards for expedited transit between major hubs. These changes, along with increased operations coordination between the railroads, increase reliability of east- and west-bound service between Union Pacific-served chemical markets such as Houston, southern Texas and Louisiana, and CSXT-served