Union Pacific – Page 24 – Railfanning.org

Union Pacific Surpasses Own Records for Moving Loaded Coal Trains Out of Wyoming

September 8, 2008 Railfanning.org News Wire

OMAHA, Neb. — Union Pacific said it has surpassed its own monthly record for delivering coal out of Wyoming’s Southern Powder River Basin (SPRB) not only once, but twice. In August, the railroad moved 1,190 loaded coal trains out of the SPRB, making it the best month on record and surpassing the previous record of 1,174 loaded trains set in July 2008. “Our investments in the Joint Line and throughout our coal network are paying dividends in terms of our coal train velocity and throughput,” said Doug Glass, vice president and general manager – energy. UP also announced the following

Legendary Steam Locomotive Represents Historical Whistle-Stop Tours

September 1, 2008 Railfanning.org News Wire

Union Pacific Railroad’s No. 844, the last steam locomotive built for Union Pacific, has brought many people trackside along Colorado’s Front Range as the locomotive made its way from Cheyenne to Denver and back, to celebrate railroad history and heritage during the Democratic National Convention (Aug. 25-28). “We are proud to have No. 844 on display during the convention because of our historical connection to the campaign trail,” said Bob Turner, Union Pacific’s senior vice president – Corporate Relations. “Long before candidates traveled via planes or automobiles, rail offered candidates a way to deliver themselves and their platforms to far-flung

Union Pacific Reports 24 Percent Earnings Growth

July 30, 2008 Railfanning.org News Wire

OMAHA, Neb. — Union Pacific Corporation reported record 2008 second quarter net income of $531 million, or $1.02 per diluted share, compared to $446 million, or $.82 per diluted share in the second quarter of 2007. “We achieved a record second quarter in the face of rising fuel costs and an estimated 5 cents earning reduction associated with Midwest flooding,” said Jim Young, Chairman and Chief Executive Officer. “We demonstrated the resiliency of our network by quickly restoring service to our customers, which provided us with a strong finish to the quarter, driving solid revenue growth and continued productivity improvements.”

2007: A Strong Year For Railroad Safety

June 27, 2008 Railfanning.org News Wire

WASHINGTON — Last year was another strong year for safety on the nation’s railroads, with records being set in two key safety measurements while a third fell just shy of setting a record. “Over the years, the railroad industry has developed a strong safety culture,” said Edward R. Hamberger, president and CEO of the Association of American Railroads (AAR) at the annual E.H. Harriman Awards luncheon which honors railroads with the best employee safety records for the previous year. “Last year the train accident rate was the lowest in history,” he said. “So was the grade crossing accident rate. The

Second Phase of Track Project Causes More Temporary Amtrak Illinois Schedule Changes

June 11, 2008 Railfanning.org News Wire

CHICAGO — Amtrak schedules on the Chicago-St. Louis corridor, served by Lincoln Service trains and the Texas Eagle, will undergo temporary changes throughout this month, while Union Pacific Railroad carries out the second of two phases of track improvements at Springfield, Ill. Amtrak, which operates Lincoln Service Trains 300-302 & 305-307 under a contract with the Illinois Department of Transportation (Ill. DOT), regrets any inconvenience. Lincoln Service Changes From June 16 through June 24, Train 300, the early morning departure from St. Louis to Chicago and Train 307, the evening departure from Chicago to St. Louis, will only operate between

Suit Against UP Gains Class Action Status

June 4, 2008 Railfanning.org News Wire

LEWISVILLE, Ark. — The families of Arkansasans who were either killed or injured in accidents between 1992 and 2005 involving Union Pacific and who later settled with the company have been certified as a legal class to pursue additional compensation for their claims. On April 11, 2008, Lafayette County Circuit Court Judge Jim Hudson determined that a class action should proceed in a case against the railroad, according to the Duncan Firm. The suit does not include railroad employees. The suit alleges that Union Pacific violated the Arkansas Deceptive Trade Practices act. The railroad is accused of pressuring families and

New Ultra-Low Emission UP Locomotive Arrives in California

May 30, 2008 Railfanning.org News Wire

OMAHA, Neb. — Union Pacific’s most environmentally friendly yard locomotive is on the job at J. R. Davis Rail Yard in Roseville, Calif. The first of four next generation Genset locomotives arrived in Northern California this week and is already pushing rail cars into place throughout the Union Pacific yard. The switcher builds on Genset technology developed by Union Pacific over the past six years, and is part of the railroad’s ongoing efforts to continue reducing air emissions in cooperation with federal, state and local environmental agencies. The new Genset switcher is powered by three 667-horsepower ultra-low-emission U. S. Environmental

Rail Network Could Face Major Congestion in Coming Decades

May 30, 2008 Railfanning.org News Wire

WASHINGTON — Congestion on the nation’s rail network is expected to increase over the next two decades and could eventually pose a major problem, members of Congress warned. Since deregulation of the freight railroad industry in 1980, Class 1 freight ton-miles have increased 93 percent, while miles of track have decreased 40 percent, U.S. Rep. Corrine Brown, D-Fla., said. The U.S. Department of Transportation estimates that the demand for rail freight transportation will increase 88 percent by 2035, and their studies estimate that an investment of $148 billion in infrastructure expansion will be needed over the ext 28 years to

STB Grants $30M Rate Reduction Against UP

May 19, 2008 Railfanning.org News Wire

WASHINGTON — The Surface Transportation Board issued a decision granting an estimated $30 million in rate reductions and reparations in the maximum railroad-rate case brought before the Board by the Kansas City Power & Light Company (KCPL) against Union Pacific Railroad. At issue in this case was KCPL’s challenge to rates charged by UP for the rail transportation of coal from Wyoming’s Powder River Basin to KCPL’s Montrose Generating Station near Ladue, Mo. The parties to this case stipulated that the maximum lawful rate should be set at 180 percent of the variable cost of providing service. In its decision,

Second Railroad Joins FRA “Close Call” Risk Reduction Pilot Program

April 3, 2008 Railfanning.org News Wire

WASHINGTON — A second railroad is now participating in a major federal rail safety pilot program designed to allow employees the ability to voluntarily and anonymously report “close call” incidents that could have resulted in an accident but did not, announced Federal Railroad Administrator Joseph H. Boardman. “This risk-reduction program provides an indispensable opportunity to analyze ‘close-call’ events to help identify and correct potential safety problems across the industry,” said Boardman, adding that the pilot program is a key element of his agency’s National Rail Safety Action Plan. Under a waiver granted by the Federal Railroad Administration (FRA), the Canadian