Union pacific railroad news today. — New Union Pacific CEO Jim Vena shared his vision for the railroad in a letter to employees today, his first day back at the railroad. The laws were passed as war measures to forge closer ties with California and Oregon, which otherwise took six months to reach. We provide a critical link in the global supply chain by linking 23 states in the western two-thirds of the country by rail. About Union Pacific Corp. We do this with an emphasis on the Company's most valuable asset, its employees. 4014 as it travels across our 23 state network. : The Union Pacific Railroad is a freight hauling railroad that operates 8,500 locomotives over 32,100 route-miles in 23 states west of Chicago and New Orleans (as of 2016). 1, 2023, that it is trimming the ranks of the railroad’s management employees as part of the new CEO’s push to eliminate layers of bosses involved in decisions. Union Pacific’s third-quarter profit fell 19% as the railroad hauled fewer shipments and costs remained high, but the average speed of its trains improved 5% as new CEO Jim Vena began to tweak the operations, the company reported Thursday, Oct. Trains are the most environmentally responsible way to move freight, helping Union Pacific Apr 17, 2024 · At the time the STB held a hearing on Union Pacific’s embargoes in December 2022 the railroad’s executives argued the limits were necessary to help improve the performance of the railroad. Keller has spent 33 years at UP, joining as an operations Nov 1, 2023 · — A round of layoffs are under way today at Union Pacific headquarters as new CEO Jim Vena aims to streamline management and speed up decision making at the sprawling railroad. Union Pacific is the largest railroad in North America, covering 23 states across the western two-thirds of the United States Sep 9, 2024 · Union Pacific trackmen work at the Union Pacific Railroad rail yard on Thursday, March 28, 2024, in Palestine. — Union Pacific reopened its Cima Subdivision today less than 26 hours after part of an iron ore train ran away and derailed on the 2. Apr 29, 2024 · OMAHA, Neb. Retiring are Shane Keller, senior vice president-operations, Northern Region; David Giandinoto, senior vice president-operations, Southern Region; and Lee Myers, assistant vice president-risk management, law. S. (AP) — 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 workers, but the railroad says the seasonal move shouldn't be alarming. “Union Pacific is changing its culture and announced organizational changes to reduce layers, expand spans of control and focus on empowering employees on the front Apr 20, 2010 · In 1862, the Central Pacific and the Union Pacific Railroad Companies began building a transcontinental railroad that would link the United States from east to west. Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Feb 21, 2024 · Union Pacific plans to invest $3. Union Pacific develops and delivers quality programs and services to attract, develop, motivate and retain a skilled, diverse workforce. 05 per diluted share. — Union Pacific plans to spend $3. The Associated Press - Business News. 9 billion for infrastructure represents approximately 56% of the capital plan. ” Dec 18, 2023 · Updated at 11:30 a. Union Pacific operates North America's premier railroad franchise, covering 23 states in the western two-thirds of the United States. 14, 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. The railroad said it earned $1. Department of Transportation Federal Railroad Administration, the U. Jun 1, 2006 · Trains magazine offers railroad news, railroad industry insight, commentary on today's freight railroads, passenger service (Amtrak), locomotive technology, railroad preservation and history, railfan opportunities (tourist railroads, fan trips), and great railroad photography. 4% for the week ending September 7 by TipRanks Sep 09 Jul 25, 2024 · Union Pacific Expands Opportunities for Businesses to Connect to Rail July 2, 2024 Service Union Pacific Railroad today announced five new Focus Sites, providing businesses additional connections to the railroad’s 32,000-mile network and new opportunities to address their transportation needs. An explosion Thursday inside a shipping container generated toxic smoke and forced evacuations. Jul 8, 2024 · “Preliminary information indicates on July 6, at approximately 1:59 a. Jul 26, 2023 · Union Pacific announced Wednesday, July 26, 2023, it has replaced Fritz with its former chief operating officer Jim Vena as the new CEO. Jul 18, 2024 · Union Pacific Expands Opportunities for Businesses to Connect to Rail July 2, 2024 Service Union Pacific Railroad today announced five new Focus Sites, providing businesses additional connections to the railroad’s 32,000-mile network and new opportunities to address their transportation needs. states west of Chicago and New Orleans. The National Transportation Safety Board's final report detailed what caused the crash in the desert near Sep 15, 2022 · WASHINGTON — Freight rail companies and unions representing tens of thousands of workers reached a tentative agreement to avoid what would have been an economically damaging strike, a relief for The Heartland of America Tour includes four display days in Texas and Illinois OMAHA, Neb. 4014 visited Omaha on the "Home Run Express" in June 2023! Aug 14, 2023 · FILE - A Union Pacific autorack rests on the track, July 30, 2023, in Springdale, a suburb of Cincinnati. , September 12, 2024--You are invited to listen to Union Pacific Corporation’s (NYSE: UNP) 2024 Investor Day presentations. m. An explosion inside a shipping container at the world's largest railyard prompted evacuations in western Nebraska Thursday because of the toxic smoke generated when one of the chemicals aboard caught fire. Mar 22, 2024 · OMAHA — Union Pacific has announced the retirement of three executives, along with a series of appointments to new positions. UNP, Canadian National Railway Co. View real-time stock prices and stock quotes for a full financial overview. Jul 25, 2024 · Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat because it was able to continue streamlining its operations. Operating on more than 30,000 miles of track in the western two thirds of the US, Union Pacific generated $24 As part of the tour, the Union Pacific Railroad Museum will be auctioning off four cab rides on Big Boy No. Union Pacific reports earnings on Thursday, April 20, 2023. --(BUSINESS WIRE)--Aug. Mar 28, 2023 · KELSO, Calif. (AP Photo/Nati Harnik, File) Sep 10, 2024 · For Immediate Release. Amit Bose, who leads the Federal Railroad Administration, said Union Pacific’s furloughs since Vena took over “makes me question UP’s commitment to safety. For more than 160 years Union Pacific has been devoted to highlighting the employees that make our business possible. She said none of the trackside detectors in the area near the derailment identified any problems beforehand. CNI and Norfolk Southern Corp. “Union Pacific crews worked around-the-clock to rebuild the tracks in the Mojave National Preserve, east of Barstow, where 55 railcars and two locomotives derailed Jul 11, 2024 · El Paso and Eagle Pass Interchanges to Reopen Today December 22, 2023 Status of the Railroad - A Message from Kenny Rocker, EVP, Marketing & Sales December 21, 2023 Christmas & New Year's Holiday Operating Plan Get the latest Union Pacific Corp (UNP) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 4 billion on capital projects in 2024, the railroad announced Wednesday, with more than half of that going to basic infrastructure upgrades and replacement, such as rail, ties, and ballast. 19, 2023. OMAHA, Neb. NTSB Chair Jennifer Homendy, in a post on X, said railroads must do more to prevent yard worker fatalities. On July 1, 1862, Abraham Lincoln signed the Pacific Railway Act, which created the original Union Pacific. 4 days ago · UNP | Complete Union Pacific Corp. It wasn’t immediately clear how much Union Pacific has changed its policy since Jim Vena became CEO last summer because the railroad didn’t address On August 29, 2022, about 9:14 p. In addition, says the FRA, the almost $80 billion rail Suppliers Rail supplier news from Amsted, Alstom, Hitachi Rail and D/Gauge (Sept. The Soroban Capital Partners hedge fund that holds a $1. “My vision and focus are clear: Safety, Service and Operational Excellence will equal Growth. Apr 20, 2023 · Union Pacific railroad delivered flat profit in the first quarter as weather slowed trains across the western United States and inflation drove costs up. 51 per diluted share. The presentations will be broadcast live over the Internet Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. By 2019, 150 years after joining their rails at Promontory Summit, Utah, only the Union Pacific remains. Jan 28, 2022 · Union Pacific today announced plans to purchase 20 battery-electric locomotives for testing in yard operations. Nov 2, 2023 · World's Largest Steam Locomotive 'Big Boy No. 4014. (UNP) stock price, news, historical charts, analyst ratings and financial information from WSJ. Over the next seven years, the Oct 19, 2023 · FILE - A Union Pacific train travels through Union, Neb. The $1. Union Pacific Investor contact: Brad Stock at 402-544-4227 or bkstock@up. Union Pacific reports their earnings on Thursday, Jan. economy. 4014' Preparing for 'Four Corners' 2024 Tour. Still, executives are optimistic about their ability to handle all the goods companies want to ship in 2023 as more new employees have completed training. That’s the equivalent of spending more than $9 million every day to make the railroad safer and generate economic and supply chain activity across its 23-state footprint, boosting local, regional and the national economy. The conductor was riding on the lead end of the first railcar when the train encountered a derail. Chicago, IL – September 10, 2024 – Today, Zacks Equity Research discusses Union Pacific Corp. Dec 1, 2023 · OMAHA, Neb. 9 billion, or $3. Two of Union Pacific’s gateways to Mexico remain shut down today on orders of Customs and Border Protection. The Omaha, Nebraska-based railroad said Saturday that it had reached an agreement with the union that represents Aug 29, 2024 · Union Pacific Railroad, a principal operating company of Union Pacific Corporation, is one of America's most recognized companies. Operating in 23 western states, the company connects its customers and communities to the global economy. local time, the conductor of Union Pacific Railroad train ISIEP 29 was killed during a shoving movement when two railcars of the train derailed in UP’s Alfalfa Yard in El Paso, Texas. Omaha, Neb. Class I railroad. up. According to the U. Apr 28, 2024 · KANSAS CITY, Mo. 5 billion, or $2. Back in 2015 before a series of cuts designed to make the railroad more efficient, Union Pacific employed 8,791. , April 30, 2024--Union Pacific Railroad today announced that 137 companies are winners of the 2023 Pinnacle Award for their dedication and commitment to safely transporting chemicals Apr 10, 2019 · Union Pacific Railroad as of 2019 The original Transcontinental Railroad route was the combined efforts of two railroads: the Central Pacific and the Union Pacific. 6 billion stake in Union Pacific had been urging the railroad to hire Vena because of his expertise in streamlining operations. Federal regulators and shippers questioned Union Pacific’s decision to temporarily limit shipments from certain businesses more than 1,000 times this year as part of its effort to clear up congestion across the railroad. to increase the percentage of UP cross-border traffic affected by the gateway closures, based on the latest information from the railroad. 4014, with proceeds going to two worthy causes: the Union Pacific Museum Association and Union Pacific’s Friend-to-Friend Network, a nonprofit that benefits railroad families in times of need, such as medical or natural disaster Jul 25, 2024 · Union Pacific Showcases DE&I Leadership: Pay Equity, Majority-diverse Board March 7, 2023 People Union Pacific Railroad today announced it received third-party validation of pay equity for women and people of color and that its board of directors is now majority-diverse – steps underscoring the railroad’s commitment as an industry leader in Mar 26, 2023 · Union Pacific has become the second major freight railroad in the past week to back away from the industry's longstanding push to cut train crews down to one person as lawmakers and regulators increasingly focus on rail safety following last month's fiery derailment in Ohio. Sep 8, 2022 · Two Union Pacific operators were killed early Thursday when their train crashed into parked freight cars near the Salton Sea, officials said. 25, 2024. View the latest Union Pacific Corp. Railroad safety has been in the spotlight ever since last month’s fiery derailment outside East Palestine, Ohio. 13) Read More » 9/13/2024 Norfolk Southern Railway BREAKING: Norfolk Southern fires Shaw, appoints George The meddling was so widespread across Union Pacific’s 23-state network that the Federal Railroad Administration had no choice but to suspend its safety assessment of the company, the agency’s chief safety officer, Karl Alexy, told Union Pacific executives in a letter dated last week that labor groups posted online Tuesday. 4 days ago · Railroads continue to play a significant role in North America’s economic infrastructure. -based freight railroad recently furloughed 138 rail-yard Our Employees. Mar 14, 2023 · South said Union Pacific will report what it found about the broken wheel to the Federal Railroad Administration. 14, 2023, in North Platte, Neb. 2% Cima Hill grade near Kelso. Jun 7, 2022 · About Union Pacific. Union Pacific’s new CEO Jim Vena started Monday, Aug. Updated at 1 p. 12, 2024-- Union Pacific Railroad today announced its famed Big Boy No. 844 and No. The Union Pacific Railroad system is the largest in the United States and employs over 40,000 workers. More information about Union Pacific is available at www. The railroad has fought for years to close the car shop despite a 19th-century jobs Aug 14, 2023 · OMAHA, Neb. com. Sep 12 6:39am ET Union Pacific (UNP) Receives a Rating Update from a Top Analyst by TipRanks Sep 11 2:25pm ET North American rail traffic up 4. NSC. 4014, the world’s largest steam locomotive, will return to the rails in 2024 for a tour celebrating the railroad’s deep history and connection to communities, and its employees. Stay at least 25 feet back from all railroad tracks, not only for your own safety, but also for your best photos and videos! Jim Vena came to helm Union Pacific in mid-August and quickly did what his peers said they wouldn’t do: furlough workers. The skills - and unique and diverse experiences - brought to the table directly impact every sector of the nation and power the U. The combined purchases and upgrades to yard infrastructure are expected to exceed $100 million, representing the largest investment in battery-electric technology by a U. Supplemental financial information is attached. Sep 15, 2023 · Smoke emanates from a railroad car after an explosion at Union Pacific’s Bailey Yard on Thursday, Sept. 14, 2022, in Commerce, Calif. ,” the NTSB said in a statement today. FILE - A Union Pacific train engine sits in a rail yard on Wednesday, Sept. CDT, a Union Pacific employee was fatally injured during shoving operations in Proviso Yard in Melrose Park, Ill. ” But Vena responded in a letter of his own Friday that “Union Pacific will never compromise the safety of our employees or of the communities where we operate. Jan 25, 2024 · FILE - A Union Pacific train engine sits in a rail yard on Wednesday, Sept. Central with comment from BNSF. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. The freight train had been traveling through a . stock news by MarketWatch. , April 29, 2024 -- (BUSINESS WIRE)--Union Pacific Railroad today released its annual Building America Report, highlighting progress on key goals, including safety and Nov 29, 2023 · Union Pacific Railroad announced plans today to open a new international intermodal terminal in the heart of Phoenix, providing customers a sustainable rail option between ocean ports in the Los Angeles Basin and the nation’s fast-growing Southwest region. 63 billion in the quarter, and its earnings per share of The original company, Union Pacific Rail Road (UPRR), was created and funded by the federal government by Pacific Railroad Acts of 1862 and 1864. 4014 locomotive will stop in more than three dozen communities during its fall tour across 10 states, including The Union Pacific Railroad (reporting marks UP, UPP, UPY) is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U. The Omaha, Neb. , July 31, 2018. In 2012, former Union Pacific Chairman and leader Jim Young received Progressive Dispatching errors combined with the failure of two backup systems allowed a Union Pacific train to slam into 75 railcars that had been parked on a side track for nine months in Southern California two years ago, killing an engineer and a conductor, according to a report issued Thursday. Union Pacific announced Wednesday, Nov. This compares to 2022 third quarter net income of $1. ” (AP Photo/Aaron Doster, File) Oct 19, 2023 · Union Pacific Corporation today reported 2023 third quarter net income of $1. , November 2, 2023 Union Pacific's famed Big Boy No. **** Feb 22, 2024 · OMAHA, Neb. — Early Sunday morning, a Union Pacific Railroad train derailed in Lee’s Summit, Missouri, leaving two people with non-life-threatening injuries. Jan 24, 2023 · Union Pacific, one of the major freight railroads that successfully fought off union demands for paid sick days for workers during contentious labor negotiations in 2022, reported another year of Union Pacific's steam legacy continues today with the preservation and operation of its historic fleet – No. 4 billion in 2024 to support safe operations, renew assets and grow with customers. That means each maintenance worker will Track Union Pacific's Big Boy No. Schedule Big Boy No. bviqqmlfwhpnxcdqqbixtprkwfnxcbcrgjpxbsmbzsmtoryelvgtxirtoh
