2024 WOMEN IN RAIL: Industry Trailblazers (Part 2 of 2)
Railway Age is celebrating eight years of recognizing women who not only excel at leadership but also serve the community and drive industry change, paving the way for the next generation. This
Union Pacific
Class I Briefs: UP, CPKC
Union Pacific (UP) engages with customers on its journey to “grow and win together.” Also, Canadian Pacific Kansas City (CPKC) recognizes Honorary Captain William H. Wilson on his 100th birthday.
FRA Awards $2.4B for Rail Improvement Projects
The Federal Railroad Administration (FRA) on Oct. 29 reported that 122 freight and passenger rail improvement projects—including 81 at short lines—across 41 states will share more than $2.4 billion in grant funding
Commentary
Union Pacific Enhances Cargo Security on Numerous Fronts
Amid ever-changing challenges to supply chain security, Union Pacific has undertaken aggressive steps to safeguard its customers’ cargo, including strengthening its infrastructure and deploying technology to surveil its tracks and rail yards.
UP 3Q2024 Shows Growth, Improvement Across the Board (Updated with Jim Vena Interview and TD Cowen Analysis)
Union Pacific’s third-quarter 2024 financial results showed growth and improvement occurring across several metrics. Compared to the prior-year period, third-quarter net income of $1.7 billion or $2.75 per diluted share, vs. $1.5
BLET Ratifies Metra-UP Implementing Agreement
Brotherhood of Locomotive Engineers and Trainmen (BLET) members recently ratified an agreement related to Metra’s takeover of services from Union Pacific (UP). Ballots were mailed to 307 members last month. UP has
Class I Briefs: UP, CSX
Union Pacific (UP) is the new official sponsor of US Speedskating. Also, the First Responders Children’s Foundation (FRCF) announces 2024 CSX Pride in Service scholarship recipients.
NOPB Launches $3MM Transloading Industrial Park
New Orleans Public Belt Railroad (NOPB) on Oct. 17 reported that Heniff Transportation Systems LLC will manage rail transloading services at the newly opened New Orleans Transloading Industrial Park. The Park is located
STB Signs Off on CPKC, CSXT Acquisition of Meridian & Bigbee Lines
The Surface Transportation Board (STB) on Oct. 17 issued two separate decisions approving, with conditions, Canadian Pacific Kansas City’s (CPKC) request to acquire from Genesee & Wyoming Class III Meridian & Bigbee Railroad (MNBR) and
Class I Briefs: CSX, NS, UP
One of CSX’s New York-based teams achieves more than 2,000 days of injury-free service. Also, Norfolk Southern (NS) commits $856,800 in grants to combat food insecurity, finalizes its East Palestine, Ohio, field office, and participates in the 2024 Virginia Maritime Association International Trade Symposium; and Union Pacific’s (UP) United Way campaign raises $860,000.