A settlement has been reached in a class-action suit filed against Union Pacific following a May 27, 2000, derailment near Eunice, La., the railroad announced Tuesday (May 25, 2004).
Union Pacific Corporation said May 11, 2004, it had been notified of an unsolicited “mini-tender” offer by TRC Capital Corporation (TRC) of Toronto, Canada, to purchase up to 2 million shares, or less than 1 percent, of the outstanding common stock of Union Pacific at a price of $56.80 per share.
As part of a campaign to bring transparency and accountability to corporate political contributions, the Center for Political Accountability (CPA) is urging Union Pacific Corporation shareholders to support a resolution that asks the company to disclose and explain the business purpose of its political donations.
For the first time in its 60-year history, Union Pacific Railroad’s “Challenger” No. 3985, the world’s largest operating steam locomotive, made a passenger run between Cheyenne, Wyo., and Joyce, Neb. July 12.
Union Pacific Chairman Dick Davidson, along with federal, state and local elected officials, on May 10 officially opened the Union Pacific Railroad Museum at the historic Council Bluffs Carnegie Library.
Twenty-five emergency response personnel from across the western two-thirds of the nation have completed a tank car safety course sponsored by Union Pacific Railroad.
Union Pacific has announced that customers can now access rail through-rates and easy-to-use instructions on the UP Web site for their MexDirect product, offered in conjunction with the Transportacion Ferroviaria Mexicana and other participating rail connections.
Union Pacific Railroad is testing a hybrid, battery-powered locomotive called the “Green Goat” in its Chicago railyards to determine if it is a feasible alternative to conventional diesel-electric locomotives.
Union Pacific Railroad today will launch the first of seven special trains carrying giant wind turbine blades along with electrical equipment from Houston, Texas, to Sacramento, Calif.