Union Pacific

From left, UP's Kim Hess, Assistant Vice President-Energy, Marketing and Sales; Ashok Fichadia, Assistant Vice President-Customer, Tech; Kaleb Koehn; Josh Saltz; and Rick Lichtas, Assistant Vice President-Network Integration and Scheduling, Network Planning and Operations. (Union Pacific photo)
  • News

Class I Briefs: CSX, UP

CSX is honored with the 2023 Patriots in Business Award and assembles care packages for military members. Also, Union Pacific’s (UP) second annual “Hackathon” event inspires innovative approaches to real-world dilemmas; and Houston officials approve a $5 million fund to help relocate residents living near polluted UP rail yard.

(Ferromex Photograph)

Report: Ferromex Temporarily Suspending Service (Updated)

Mexican railway operator Ferromex on Sept. 19 said it was temporarily suspending 60 trains on south-north routes because of an increasing number of migrants climbing aboard railcars and suffering injuries, according to news reports. On Sept. 20, some trains restarted service. Union Pacific and BNSF issued embargoes at Eagle Pass in Texas.

Only cross train tracks at a designated crossing. Designated crossings are marked by a sign, lights, or a gate. (Safe Kids Worldwide photo)

Safe Kids Worldwide, UP Team Up During Rail Safety Week

To prevent rail-related injuries and deaths to kids, Safe Kids Worldwide and Union Pacific (UP) are teaming up during Rail Safety Week to release a series of resources designed to “raise awareness, educate communities, and encourage parents to talk to their kids about rail safety from an early age.”

Commentary

TD Cowen: Still Searching for Positives in Near-Term

At TD Cowen, we are lowering our rail estimates ahead of third-quarter earnings reports to reflect a very challenged environment. Leaders in the rail and logistics market who attended our latest Railroad Happy Hour” called the current outlook “bleak,” with growing uncertainty in 2025.

The first BNSF grain shuttle leaving Minnesota for the Pacific Northwest, September 2023. (Caption and Photograph Courtesy of BNSF)

Class I Briefs: BNSF, UP

BNSF provides an operating performance update for September. Also, Union Pacific (UP) Executive Vice President and Chief Financial Officer Jennifer L. Hamann joins the Board of Directors at Fort Wayne, Ind.-based Steel Dynamics, Inc.