Union Pacific

People News: UP Elevates Hess, Kirchhoefer, Perkes

Union Pacific has promoted three Vice Presidents to serve in the Marketing and Sales division and at Loup Logistics, the railroad’s door-to-door intermodal shipping, transload and logistics services business.

UP GHG Targets Greenlighted

The Science Based Targets Initiative (SBTi) has approved Union Pacific’s greenhouse gas (GHG) emissions reduction targets.

Railway Age’s 2021 ‘20 Under 40’

RAILWAY AGE, FEBRUARY 2021 ISSUE: Railway Age is honoring 20 “Fast Trackers” from a pool of more than 100 strong nominations for this year’s 20 Under 40 awards program.

Tennessee Pass Revival on Hold, for Now

The Colorado, Midland & Pacific Railway Co. (CMPR), a wholly owned subsidiary of Rio Grande Pacific Corp. (Rio Grande), will have to wait to revive the Tennessee Pass line, according to a recent decision by the Surface Transportation Board (STB).

STB Extends Uinta Basin Railway DEIS Comment Period

The Surface Transportation Board (STB) is extending until Feb. 12 the comment period on the Draft Environmental Impact Statement (EIS) for the proposed 85-mile Uinta Basin Railway in Utah. Eagle County, Colo., requested the extension on Jan. 25 due to concerns about the Tennessee Pass Line in Colorado.

UP’s ‘True Potential’ Shown in 4Q20 Results (Updated, Cowen)

Union Pacific (UP) reported Jan. 21 that it earned $1.38 billion, or $2.05 per diluted share, in fourth-quarter 2020—comparable to fourth-quarter 2019’s $1.4 billion, or $2.02 per diluted share. Excluding a previously announced $278 million pre-tax, non-cash impairment charge related to its Brazos yard investment, adjusted fourth-quarter 2020 income was $1.6 billion, or $2.36 per diluted share.