August 12, 2013
Class I

U.S. Appeals Court reverses Class I price-fixing decision

Union Pacific Corp., CSX Corp., Norfolk Southern Corp., and Burlington Northern Santa Fe (a unit of Berkshire Hathaway Inc.) have won their bid to reverse a ruling that turned a price-fixing lawsuit against them into a class action with potential damages of at least $10 billion.

July 28, 2013
Class I

UP: A return to steam for Big Boy 4014

One of the largest and perhaps most famous steam locomotives ever built—Union Pacific’s articulated 4-8-8-4 “Big Boy” No. 4014—will be restored to operating condition by UP’s Cheyenne, Wyo.-based Heritage Fleet Operations within the next five years. 4014 will join UP’s two other famous steam locomotives—4-6-6-4 Challenger 3985 and 4-8-4 Northern 844—in excursion service when her restoration is completed. She will become the world’s largest operational steam locomotive.

July 18, 2013
Class I

UP sports robust 2Q earnings

Union Pacific recorted second-quarter earnings of $2.37 per share, or $1.1 billion, up from $2.10 a share, or $1 billion, in the second quarter of 2012, the Omaha-based Class I railroad said Thursday, July 18, 2013.

July 02, 2013
Class I

Midyear Report: Why investors turn to rail

Union Pacific’s record $3.7 billion in capital expenditures in 2012 returned quick dividends, and resulted in the 151-year-old railroad’s best year for its investors.

June 20, 2013
Class I

STB OKs service shuffle on Louisiana rail line

The Surface Transportation Board has granted permission to Union Pacific Railroad to cease service on 12.5 miles of the Lockport Branch, located in Lofourche Parish, La., which UP owns, while affirming rival Class I railroad BNSF to continue operating over 14.1 miles of the branch, rejecting UP objections.

June 07, 2013
Class I

UP, Dow Chemical release joint safety update

The Dow Chemical Company and Union Pacific said Friday, June 7 they have published a new report on the progress of a cooperative agreement that began in 2007 to improve rail safety and security.

May 29, 2013
Class I

UP: Always expect a train in Chicago

Chicago is the railroad crossroads of the nation, with hundreds of freight and passenger trains rolling on the region’s vast network of lines virtually 24 hours a day. In a public safety campaign “encouraging Chicago pedestrians to cross tracks at only approved railroad crossings,” Union Pacific is launching an “Always Expect a Train” billboard program.

May 14, 2013
Class I

UP recognizes 63 hazmat shippers for safety

Union Pacific has named 63 companies as annual Pinnacle Award recipients for chemical transportation safety. The award recognizes UP customers that implemented successful prevention and corrective plans and achieved a rate of zero non-accident releases (NARs) for regulated hazardous materials shipments.

May 08, 2013
Class I

Nissan recognizes UP for logistics excellence

Union Pacific has earned Nissan Motor Company’s 2012 Logistics Carrier Conference Logistics Success Story Award, which identifies carriers and providers “that went above and beyond normal expectations in the past year.”

May 01, 2013
Regulatory

STB says no to UP TIH petition

The Surface Transportation Board announced May 1 that it has denied Union  Pacific’s (UP) petition requesting that the Board find  reasonable certain UP tariff provisions requiring shippers of  Toxic-by-Inhalation Hazardous (TIH) commodities to indemnify UP against all  liabilities not caused through UP’s own negligence or fault.   