UP posts record quarterly and annual results NEWSWIRE

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OMAHA, Neb. — Union Pacific reported record net profits for the fourth quarter and full year on Thursday and said that its new Precision Scheduled Railroading operating plan would help it reduce costs, improve service, and boost traffic volume. Executives said they expect UP to reduce its operating ratio to below 61 percent this year […]

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End of the line for Cheyenne Frontier Days train NEWSWIRE

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The 2018 Cheyenne Frontier Days Train accelerates out of Greeley, Colo., in July. Trains: Jim Wrinn DENVER — The last annual steam-powered mainline excursion train in the U.S. is no more. On Monday, the Denver Post said the train Denver-Cheyenne, Wyo., train has come to the end of the line. “While we have enjoyed our […]

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Derailment narrowly misses Texas home NEWSWIRE

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A UP freight derailed Wednesday in Texas, narrowly missing a house. Ed Miller AUBREY, Texas — A Union Pacific freight train that derailed in Aubrey, Texas, Wednesday morning, narrowly missed a trackside house. CBS station DFW reports that one locomotive and six cars derailed and remained upright. Seven other cars left the tracks and overturned […]

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Jim Vena: Union Pacific’s $9 billion-man NEWSWIRE

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Jim Vena, Union Pacific Chief Operating Officer Canadian National OMAHA, Neb. — Jim Vena is Union Pacific’s $9 billion man. No, that’s not how much Vena will earn as the railroad’s new chief operating officer. Under the terms of his contract, he’ll earn a base salary of $600,000 and will be eligible for an annual […]

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