Transitions can be difficult
The death recently of A. E. (Ted) Michon reminded me just how difficult transitions can be for those who must go through them.
The death recently of A. E. (Ted) Michon reminded me just how difficult transitions can be for those who must go through them.
Union Pacific early Thursday reported third-quarter earnings of $1 billion, or $2.19 per diluted share, up from $904 million, or $1.85 per diluted share, in the comparable period in 2011 and in line with Wall Street consensus estimates of $2.19 per share.
Union Pacific steam locomotive No. 844, in many ways the 150-year-old railroad’s flagship, is on the fifth leg of the UP 150 Express, a multi-segment tour celebrating the company’s 150th anniversary, sharing UP’s rich history with the communities it serves throughout the railroad’s 32,000-mile, 23-state network.
At its J.R. Davis Yard in Roseville, Calif., Union Pacific on Aug. 22 unveiled an advanced experimental locomotive, UP 9900 that will test three emissions-reducing technologies: exhaust gas recirculation (EGR), diesel oxidation catalysts (DOC), and diesel particulate filters (DPF).
Union Pacific will partner with EMD to develop 25 experimental locomotives that are based in two rail yards in California to be used in a $20 million test of new technology designed to reduce diesel emissions from freight locomotives.
The Wall Street Journal has named Union Pacific Chief Financial Officer Rob Knight to its “Best CFOs of 2012 List.” Knight, CFO since 2004, is the only transportation sector CFO to make the list.
PS Technology (PST), a wholly owned subsidiary of Union Pacific Corp., on Monday announced it has acquired the Yard Control Systems division of Ansaldo STS USA.
Judge Paul L. Friedman of the U. S. District Court for the District of Columbia has granted class certification to a lawsuit in which eight shippers allege that BNSF Railway, Union Pacific, Norfolk Southern, and CSX Transportation conspired to fix the price of fuel surcharges.
Union Pacific, which dates its beginning to the signing of the Pacific Railway Act by President Abraham Lincoln in 1862, announced Thursday that it making a 150-year timeline eBook available free in the Apple iTunes Store under Books.
Iowa Pacific Holdings said Wednesday it has opened its new locomotive repair shop on the Texas-New Mexico Railroad (TNMR) subsidiary, a key rail line in the Permian Basin oilfield.