Wabtec “delivered a strong quarterly performance,” President and CEO Rafael Santana said during a Nov. 1 financial report. Third-quarter 2022 sales were up 9.1% from the prior-year period, which the company attributed to “significantly higher Freight segment sales, partially offset by lower Transit segment sales.”
Union Pacific (UP) is supporting 514 nonprofit organizations with more than $5.1 million in grants as part of its Community Ties Giving Program in 2022.
Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Merritt Canfield of Meritus Executive Search Excellence and Laurie Dornan of The Greenbrier Companies, discussing how the railroad and supply sectors find and attract top female talent. Hearing from leading industry women like Canfield and Dornan is just one reason to participate in this virtual event, to be held Nov. 10, starting at 1:30 p.m. ET. Need more reasons? Here are five.
The Surface Transportation Board (STB) on Oct. 28 ordered all Class I railroads to submit weekly performance and monthly employment data for six additional months, until May 5, 2023. BNSF, CSX, Norfolk Southern (NS) and Union Pacific (UP) must also submit biweekly service progress reports for another six months as well as an interim update, due Dec. 2, 2022, that covers performance and labor force targets and any service recovery plan modifications.
Service and capital project updates were the focus of Oct. 27 customer messages from BNSF Group Vice President, Consumer Products Tom Williams and Union Pacific (UP) Executive Vice President, Marketing and Sales Kenny Rocker.
Union Pacific (UP) “made positive strides in the third quarter to increase network fluidity and better meet customer demand,” UP Chairman, President and CEO Lance Fritz said during an Oct. 20 earnings report.
Union Pacific (UP) employees may notice some new tech riding the rails this fall—50 railcars equipped with a GPS device are being released onto the network, providing real-time information and visibility of the car’s location, condition and health to shippers, railcar owners and railroads.
RailPulse has an eighth member: Pittsburgh, Penn.-based railway investment and management company Railroad Development Corporation (RDC), which on Oct. 19 joined the coalition established in late 2020 to “develop, broaden and accelerate the use of GPS and other telematics technologies in North America’s freight rail industry.”
Wabtec earlier this month debuted the first of 50 modernized locomotives for CN at its Fort Worth, Tex., plant.
Union Pacific (UP) has presented its 2022 Chairman’s Environmental Award to Grace Olsen, General Director-Locomotive Engineering and Quality, Mechanical. The award, established in 1994, recognizes a UP employee who demonstrates “outstanding environmental awareness, leadership and responsibility.”