Union Pacific on Jan. 28 reported ordering 10 battery-electric locomotives apiece from Progress Rail, a Caterpillar Company, and Wabtec Corp. for yard testing; the “green” units plus yard infrastructure upgrades will exceed $100 million and support the Class I railroad’s efforts to reach net-zero emissions by 2050.
Union Pacific (UP) and Amtrak on Jan. 27 reported receiving ratings of 100% and 90%, respectively, on the Human Rights Campaign Foundation’s Corporate Equality Index (CEI) for 2022.
Union Pacific subsidiary Loup Logistics Company has purchased Precision Components Inc. (PCI Reload), a 100-plus-acre transload in Phoenix, Ariz.
The Louisiana Department of Transportation and Development (DOTD) has awarded a $15 million infrastructure improvement grant to the Port of Columbia in Caldwell Parish.
Union Pacific (UP) on Jan. 20 reported fourth-quarter 2021 results, including operating revenue of $5.733 billion, up 12% from the same period in 2020 and 10% from 2019. This was driven by “higher fuel surcharge revenue, a positive business mix, and core pricing gains,” which were partially offset by a 4% decrease in business volumes, as measured by total revenue carloads. The Class I railroad also posted results for full-year 2021, which Chairman, President and CEO Lance Fritz called the “most profitable year ever.”
Railway Age is pleased to announce the 25 “Fast Trackers” selected for this year’s 25 Under 40 awards program.
Schneider has signed a long-term agreement with Union Pacific (UP) to be its primary intermodal rail provider in the western U.S., effective January 2023, the companies reported on Jan. 19.
Following a recent spike in cargo thefts from its trains in Los Angeles County, Union Pacific (UP) has not only increased the number of special agents assigned to protect targeted areas, but also contacted L.A. County District Attorney George Gascón for support.
The Surface Transportation Board (STB) has denied a shipper group request to pause its proposed rulemaking on a voluntary arbitration program aimed at resolving small rate cases.
A grand opening was held earlier this month for the Savage Gulf Rail Facility, which supports the plastics manufacturing joint venture of ExxonMobil and SABIC in San Patricio County, Tex.
