UP

UP: Employee Engagement + Ownership = Success

“Employees who become part owners of the company they work for undergo a mindset change about their role in its success,” according to Maqui Parkerson, AVP Labor Relations at Union Pacific (UP).

UP Expanding Chicago Intermodal Terminal

Union Pacific (UP) began construction this month on a grain transload facility collocated at the Global IV terminal in Joliet, Ill., to increase ag shipper connections to empty containers and the railroad’s West Coast port terminal network.

Cowen Surveys Find ‘Encouraging’ Shipper Business Outlook

Two first-quarter 2021 surveys of rail shippers on pricing and business outlook as well as equipment needs conducted by Cowen and Company analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Elliot Alper indicate that, compared with the previous quarter, Class I railroad customers are anticipating somewhat higher rate increases, and a slight decline in new railcar demand.

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.