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Union Pacific will continue to modernize the locomotive fleet, upgrading older core units. The plan also includes targeted freight car acquisitions to support replacement and growth opportunities ...
Union Pacific said it earned $1.67 billion, or $2.75 per share. That’s well ahead of the $1.53 billion, or $2.51 per share, Union Pacific earned a year ago, but just behind what Wall Street ...
The head of the union that represents track maintenance workers says Union Pacific is jeopardizing safety by delaying nearly 1,200 planned projects until next year and laying off more than 1,000 ...
In July 2022, a Presidential Emergency Board was convened under the Railway Labor Act by President Joe Biden. [11] His Executive order stated, "I have been notified by the National Mediation Board that in its judgment these disputes threaten substantially to interrupt interstate commerce to a degree that would deprive a section of the country of essential transportation service."
December 30, 2013 – A southbound Union Pacific Railroad freight train collides with a BNSF train near Keithville, Louisiana, derailing three locomotives and one car on the UP train and two locomotives and 11 cars on the BNSF train. [26] December 30, 2013 – A westbound BNSF grain train derails near Casselton, North Dakota. The 45th car in ...
The current holding company, Union Pacific Corporation, was established in 1969 with its incorporation in Utah as a holding company for the railroad and other subsidiaries. [3] In 1982, Union Pacific Corporation acquired Missouri Pacific Railroad, which included the Missouri–Kansas–Texas Railroad, and the Western Pacific Railroad.
Union Pacific's new CEO Jim Vena started Monday by promising to improve safety and service to help the railroad grow, but he cautioned that “the road ahead won't be an easy one.” Vena helped ...
In addition to the hiring news, Union Pacific said its second-quarter profit declined 14.5% to $1.5.7 billion, or $2.57 per share, as it hauled 2% less freight and dealt with rising costs ...