Tag: Union Pacific Railroad

Unions blast rail move to delay shipments before deadline

By JOSH FUNK for apnews.com The heads of the nation’s two largest rail unions said Sunday that the freight railroads’ move to begin delaying some shipments ahead of this week’s looming strike deadline is only an attempt to get shippers to increase the pressure on Congress to intervene and block a work stoppage by imposing […]

Potential rail strike threatens to kneecap US economy ahead of midterms

    BY KARL EVERS-HILLSTROM for thehill.com A potential nationwide freight rail strike is looming, threatening to cripple the U.S. economy ahead of the holiday shopping season and November’s midterm elections.   Roughly 115,000 rail workers could walk off the job as soon as Sept. 16 if they cannot agree to a new contract with railroads. […]

Union Pacific engineer laments high level of misrouted freight cars

By Bill Stephens for trains.com In letter to federal regulators, engineer claims cars are on sent on their way to reduce terminal dwell figures Pressure to reduce terminal dwell figures has prompted some Union Pacific yards to routinely depart trains that include misrouted cars simply to get them moving, a UP engineer alleges in a […]

How Wall Street holds railroads hostage: Analysis

By Bill Stephens for trains.com Focus on operating ratio inhibits volume growth, hurts service, and prevents share gain from highway The U.S. Class I railroads’ recurring crew shortages, related bouts of service problems, and a lack of meaningful volume growth are intertwined. You can lay the blame for all three problems at just one place: […]

Regulators scold railroads over recovery plans, order improvements

By trains.com Union Pacific draws strongest criticism from STB for insufficient filing; fines possible The Surface Transportation Board, making clear its unhappiness with service recovery plans filed by the four largest U.S. Class I railroads, will require those railroads to correct deficiencies in service recovery plans submitted to the board, and to provide additional information […]

Cost pressures prompt Union Pacific to reduce financial outlook

By Bill Stephens for trains.com Railroad faces rising costs from record fuel prices, overall inflation, and congestion Union Pacific has lowered its financial expectations for this year in light of rising fuel prices, inflation, and the impact of its sluggish operations. It’s now unlikely that UP will reach an operating ratio of around 55% for […]

Data reported to federal regulators reveal extent of deterioration in rail service

On-time performance of big four U.S. systems tumbles compared to before the pandemic By By Bill Stephens for trains.com Overall on-time performance for the big four U.S. Class I railroads has fallen from a pre-pandemic average of 85% to just 67% in the last week of May 2022, as crew shortages continue to plague rail […]

Canadian regulators propose more detailed requirements for reporting railroad performance metrics

By Bill Stephens for trains.com Railroads would have to report local service data as well as locomotive and crew availability Class I railroads operating in Canada would be required to report additional performance and staffing metrics under a proposal Canadian regulators unveiled on Friday. Transport Canada’s move was announced on the same day that the Surface Transportation […]

STB to Require Four Class Is to Submit Plans on How to Fix Service Crisis

By Justin Franz for railfan.com The U.S. Surface Transportation Board announced Friday that all seven Class I railroads will have to submit reports on rail service, performance and employment, and four of them will need to provide plans on how they will get service back on track.  The request for more information and transparency comes […]

Auto and Homeowner’s Insurance Program for TCU/IAM members!

TCU/IAM members take advantage of discounted activities with Union Plus!

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  • Save up to 24% on movie theater eTickets

Start Your Savings Here!

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