union pacific

The Transportation Technology Center Inc. (TTCI), a subsidiary of the Association of American Railroads, has named Kari Gonzales as its new president. Gonzales, a 20-year veteran of Pueblo, Colorado-based TTCI, has been serving as the group's acting president since June. Prior to her appointment,...

Union Pacific will increase the amount of biodiesel that fuels locomotives used for Progress Rail. Progress Rail, a Caterpillar (NYSE: CAT) subsidiary that provides rolling stock and infrastructure solutions to rail customers worldwide, has agreed to use up to a 20% biodiesel blend for specific...

Union Pacific's Dry Canyon Bridge in Northern California has reopened after damage from wildfires in late June. Union Pacific (NYSE: UNP) initially had anticipated that the bridge would reopen in mid-August, but the railroad later moved up the reopening date.  On Monday, UP said the bridge...

The supply chain disruptions occurring within the international intermodal sector will likely persist through the end of the year, according to Union Pacific President and CEO Lance Fritz. UP (NYSE: UNP) has taken numerous actions to mitigate the impact to customers and it has been working with...

Union Pacific's net profit for the second quarter of 2021 rose by 59% from a year ago to $1.8 billion amid a 30% increase in operating revenue. Second-quarter net income was $1.8 billion, or $2.72 per diluted share, compared with $1.1 billion, or $1.67 per diluted share, in the second quarter of...

U.S. railroads reported that carloads and intermodal originations reached 2.56 million during June, up 14.5% year-over-year, according to weekly data provided by the Association of American Railroads (AAR). June carloads in the U.S. increased 19.1% year-over-year to 1.18 million with intermodal...

Among Union Pacific's (NYSE: UNP) $2.8 billion in capital investments in 2021 are additions or extensions of sidings at a number of points along its network. Sidings enable one train to meet and pass another. Adding sidings that can accommodate longer trains enables Union Pacific (UP) to improve...

As many as 57 employees could be laid off by mid-June at a Union Pacific (NYSE: UNP) maintenance facility in Palestine, Texas. Union Pacific (UP) confirmed that it recently told employees that it would be closing the main car repair facility in Palestine as part of its broader effort to make...

The Past Week, In A Nutshell What Happened: Last week ended negative alongside mixed messaging on stimulus. Remember This: “Markets have come a long way since the March lows, but we believe there may be more room for stocks to run,” said Jeff Buchbinder, Equity Strategist for LPL...

Nebraska officials are preparing to ask Berkshire Hathaway Inc's (NYSE: BRK) BNSF, Union Pacific Corporation (NYSE: UNP), and the Nebraska Central Railroad to take more action against blocked highway-rail grade crossings in Grand Island in Hall County. The transportation department within the...

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.   Here are things the regulators don't tell you about marshaling and storing freight cars. Such as how to detect rail headwear. Most railroad executives would not...

The Class I railroads are considering retaining some of the measures they implemented to scale down operations as a result of the coronavirus pandemic, according to comments some executives have made at recent industry conferences. "I'm very confident that as we do add back resources, we will not...

Union Pacific (NYSE: UNP) has fully implemented positive train control (PTC) across its system, and now the railroad is working on getting the safety technology to work with partnering railroads. Union Pacific (UP) hosts 25 freight and passenger railroads, and UP must have PTC interoperability...

Union Pacific (NYSE: UNP) reached a quarterly record for its operating ratio (OR) even though third-quarter profit was flat compared to the same period in 2018. UNP's third-quarter OR was 59.5%, which is an "all-time best" quarterly operating ratio for the company and lower than the 61.7% in the...