Courtesy of the Associated Press The major freight railroads signaled they’re ready to negotiate a new deal with their workers based on a presidential report that calls for 24% raises, but the 12 unions involved in the stalled talks covering 115,000 workers still haven’t commented on the recommendations. The group that represents BNSF, Union Pacific, Norfolk […]
Written by Frank N. Wilner, Capitol Hill Contributing Editor for railwayage.com Novelist F. Scott Fitzgerald wrote, “Let me tell you about the very rich. They are different from you and me.” They also are very different from the labor union brothers and sisters they employ. Take, for example, Union Pacific (UP), which boasts of a spectacularly successful […]
Courtesy of prnewswire.com Union Pacific is making its largest-ever corporate disaster relief donation of $500,000 to support humanitarian relief in Ukraine. Giving will be split evenly between the American Red Cross and Save the Children and comes after an overwhelming showing of employee generosity. Earlier this month, Union Pacific announced a 2:1 match for employees donating to six […]
The Wyoming Legislature has long wrestled with the question of whether to mandate two-person crews on the freight trains that traverse Wyoming’s more than 1,800 miles of track. Now, the federal government may take action that resolves the issue — if the infrastructure package currently stalled in Congress passes. The two-person crew mandate was adopted […]
Written by David C. Lester, Managing Editor for rt&s.com Union Pacific continues to invest in its intermodal franchise. Union Pacific [Tuesday] announced plans to open a new intermodal terminal in the heart of Southern California’s import distribution region. It is the fastest growing region of industrial warehousing and continues to be a leader throughout the United […]
By Bill Stephens for trains.com Railroad will also explore other alternatives to diesels, install fuel-saving technologies OMAHA, Neb. — With a goal of reducing greenhouse gas emissions 26% by the end of the decade, Union Pacific is working to improve locomotive fuel efficiency, plans to roll out battery-electric locomotives soon, and is exploring alternatives to […]
Until autonomous technology is ready, CEO says railroad needs one-man crews to stay competitive By Bill Stephens for trains.com OMAHA, Neb. — How can railroads compete with autonomous or electric trucks that would dramatically reduce the cost of trucking? “Ultimately, our answer to autonomous trucks is autonomous trains,” Union Pacific CEO Lance Fritz says. A […]
Published by progressiverailroading.com Union Pacific Railroad is building a state-of-the-art grain transload facility within its Global IV intermodal terminal in Joliet, Illinois. The UP Global IV Transload facility will be managed by JCT, a 50-50 joint venture between Consolidated Grain and Barge Co. and Gavilon Grain LLC. Construction began this month and completion is anticipated by fourth-quarter 2021. Once fully […]
BY PENNYLYNN WEBB for palestineherald.com Area residents are asked to band together with a group of current and retired railroad employees in a fight to keep Union Pacific Railroad in Palestine. Harris Lohmeyer started a GoFundMe account seeking donations from the people of Palestine and Anderson County with the intent of hiring legal counsel to […]
UP also expects 2021 volumes to be 6% higher than 2020 By Joanna Marsh for freightwaves.com Any merger involving Kansas City Southern (NYSE: KSU) and either Canadian Pacific (NYSE: CP) or CN (NYSE: CNI) should be scrutinized by regulators to ensure that the combined railroad doesn’t cause downstream impacts to the value of competing railroads, the head of Union Pacific (NYSE: UNP) said […]