Union Pacific plans to end container embargo after one week

LOS ANGELES — Union Pacific will resume international container shipments to Chicago from the West Coast at the end of its current seven-day suspension of such service, CEO Lance Fritz told Reuters on Thursday. “We’re starting to see containers clear, so I anticipate in the seven-day period … we should get back down to a […]

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Union Pacific reports record financial results

OMAHA, Neb. — Union Pacific reported record financial results on Thursday, including new marks for operating income, net income, earnings per share, and operating ratio. “We pulled all three profitability levers simultaneously: volume, price, and productivity,” CEO Lance Fritz told investors and analysts on the railroad’s earnings call. The railroad improved its outlook and now expects […]

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Union Pacific derailment in Iowa leads to brief propane leak

AMES, Iowa — Twenty-seven cars of a Union Pacific train derailed Thursday afternoon in Ames, briefly leaking propane from one car. KDSM-TV reports the derailment occurred about 1:30 p.m., with Ames Fire Chief Rich Higgins saying he did send an evacuation notice to nearby industrial plants after the propane leak was discovered. A Union Pacific […]

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Union Pacific plans tour for ‘We Are One’ locomotive

HOUSTON — Union Pacific has announced a summer tour for its “We Are One” locomotive commemorating diversity and honoring the work of railroad’s nine Employee Resource Groups in supporting diversity, inclusion, and equality. The locomotive, previewed by the railroad in May [see “Union Pacific announces locomotive honoring Employee Resource Groups,” Trains News Wire, May 27, […]

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Union Pacific releases first information on Big Boy’s 2021 tour

CHEYENNE, Wyo. — Union Pacific’s Big Boy No. 4014 will return to action Aug. 5, beginning a 10-state tour to include Arkansas, Colorado, Kansas, Illinois, Louisiana, Missouri, Nebraska, Oklahoma, Texas, and Wyoming. In a message today, UP said the full itinerary has not yet been set, but offered this information where and when the locomotive […]

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News photo: Union Pacific officers’ train in Colorado (updated)

An 11-car Union Pacific passenger train pauses at the east portal of Colorado’s Moffat Tunnel on Tuesday while passengers inspect the tunnel’s fan house and control room. The train arrived at Winter Park, Colo., on Monday morning, and departed about 2 p.m. today, stopping at the tunnel before continuing to Denver, where it is laying […]

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Analysis: Union Pacific pivots into growth mode

  Union Pacific, which has long put profitability ahead of volume growth, has turned over a new leaf. UP now says it is focused on gaining traffic – and that it will grow faster than the rate of industrial production over the next three years by diverting freight from highway to rail. UP’s emphasis on […]

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