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Union Pacific said Thursday that the result was an unanticipated 33% jump in the number of shipping containers filled with imports that it delivered in the third quarter, which helped drive a 6% ...
(Reuters) - Railroad operator Union Pacific said on Wednesday it plans to invest $3.4 billion this year to support safer operations, renew assets and increase capacity.
The railroad improved its bottom line even though it had an additional one-time cost related to some buyouts of brake persons in one region that added $40 million in costs. Wall Street expected Union Pacific to report earnings per share of $2.80 on average, according to the survey of analysts FactSet Research did.
The Union Pacific Railroad's M-10003, M-10004, M-10005, and M-10006 were four identical streamlined 2-car power car diesel-electric train sets delivered in May, June, and July 1936 from Pullman-Standard, with prime movers from the Winton Engine Corporation of General Motors and General Electric generators, control equipment and traction motors.
Federal inspectors said they found an alarming number of defects in the locomotives and railcars Union Pacific was using at the world's largest railyard in western Nebraska this summer, and the ...
The General Electric steam turbine locomotives were two steam turbine locomotives built by General Electric (GE) for Union Pacific (UP) in 1938. The two units were streamlined, 90 feet 10 inches (27.69 m) in length, capable of producing 2,500 horsepower (1,900 kW), and reputedly able to attain speeds of 125 miles per hour (201 km/h).
In 2003, Union Pacific completed a corporate spin-off and initial public offering of Overnite. In 2005, the company was acquired by United Parcel Service for $1.3 billion. [15] Union Pacific completed the corporate spin-off of Union Pacific Resources, its hydrocarbon exploration subsidiary, in 1996.
The Union Pacific Railroad (reporting marks UP, UPP, UPY) is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U.S. states west of Chicago and New Orleans.