Union Pacific Corporation

Union Pacific is temporarily suspending eastbound service from West Coast port terminals to its Global IV intermodal facility in Chicago to help ease "significant congestion" at inland terminals, especially Chicago, and at the ports. UP (NYSE: UNP) hopes this suspension, which will start on Sunday...

Union Pacific Constructing Chicago-Area Transload Facility For Agricultural Producers Union Pacific (NYSE: UNP) is constructing a grain transload facility near Chicago to benefit Midwest agricultural producers and processors and reduce their supply chain costs. The company is building the...

First-quarter net income for Union Pacific (NYSE: UNP) fell 9% compared with a year ago amid a 4% decline in operating revenue. Net profit was $1.3 billion, or $2 per diluted share, compared with $1.5 billion, or $2.15 per diluted share, in the first quarter of 2020. Operating revenue was $5...

The U.S. Department of Justice (DOJ) and Canadian Pacific Railway Ltd (NYSE: CP) disagree on whether CP's use of a voting trust during its proposed acquisition of Kansas City Southern (NYSE: KSU) will interfere with how regulators review the merger. To facilitate the merger, CP and Kansas City...

Union Pacific's (NYSE: UNP) police force will not ask for the immigration status of people it comes across on Union Pacific's network in California, nor will the railroad work with any joint law enforcement task force whose sole purpose is to identify, detain or deport people who entered the U.S....

Longer trains and headcount reductions are among the initiatives that Union Pacific (NYSE: UNP) expects to deploy to improve its operating ratio in 2020. Operating ratio (OR), a measure of a company's financial health, can be calculated by dividing operating expenses by revenue. Union Pacific's (...

Union Pacific (NYSE: UNP)'s fourth-quarter net profit dipped 10% amid a drop in operating revenue. Net income for the fourth quarter of 2019 totaled $1.44 billion, or $2.02/diluted share, compared with $1.55 billion, or $2.12/diluted share. Operating revenue in the fourth quarter was $5.2 billion...

Union Pacific (NYSE: UNP) is shifting how it categorizes commodities for its sales and marketing efforts. Effective Jan. 1, 2020, Union Pacific (UP) will consolidate its business groups from four to three: bulk, industrial and premium, the company said on Dec. 10. Coal, petroleum coke products...

Union Pacific (NYSE: UNP) is suing the city of Palestine, Texas, to nullify a 150-year-old contract to keep a certain number of jobs in the town indefinitely. The agreement between Union Pacific and Palestine — which was signed in 1872 — dates back to the days when the city was at the crossroads...

Good day, The push to dominate the nascent e-grocery delivery market has, in some markets, spawned a "race to the bottom" that is hurting the bigger players and crushing smaller grocers, according to Enrique Dans, a professor at Spain's International University. Writing in Forbes, Dans professes...

Eastern U.S. railroad CSX (NYSE: CSX) and Western U.S. rail carrier Union Pacific (NYSE: UNP) have made recent changes to their sales and marketing teams as both companies seek new opportunities in the merchandise segment. CSX CSX has tapped Farrukh Bezar to become its senior vice president of...

A Union Pacific (NYSE: UNP) train carrying flammable liquid derailed at UNP's rail yard in Dupo, Illinois. Dupo is across the Mississippi River from St. Louis, Missouri. At around 12:45 p.m. local time, a derailment occurred in UNP's Dupo Yard near Carondelet Avenue between Main and Adams Road,...

Union Pacific (NYSE: UNP) had a strong enough December that it now believes its full-year operating ratio for 2018 will be improved. In a Wednesday 8-K filing with the Securities and Exchange Commission, Union Pacific said it expects to report a "record full-year" operating ratio of...

Union Pacific's new Chief Operating Officer (COO) is getting plaudits from investors who think the new executive will keep the railroad on track to getting leaner. The second-largest rail operator by track mileage named Jim Vena as its new COO effective January 14. Vena, a 40-year executive...