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Union Pacific's Forest Products Scrap Paper Team (2022)

Paper Folds Neatly Into Union Pacific’s Sustainability Goals

The corrugated box arrives on your front porch carrying flannel pajamas and slippers, only to leave via the recycling bin on your back porch. The box will return, however, either to your porch or maybe your neighbor’s after winding its way through the supply chain with the help of Union Pacific and its Forest Products Scrap Paper Campaign.

From Left to Right: PST President and CEO Rushi Patel; MARS Past President Carrie Evans and new MARS President Kathy Bathurst; and Metro Transit Police Chief Ernest Morales III.
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People News: PST, MARS, SEPTA, Met Council/Metro Transit

PS Technology (PST) appoints Rushi Patel President and CEO. Also, the Midwest Association of Rail Shippers (MARS) welcomes new officers and executive director; the Southeastern Pennsylvania Transportation Authority (SEPTA) appoints Ronald Keele new Chief Safety Officer; and Minnesota’s Metropolitan Council (Met Council) selects Ernest Morales III as Chief of the Metro Transit Police Department.

(Photograph Courtesy of UP, via Twitter)

UP 4Q22: Elevated Operating Expenses ‘More Than Offset’ Revenue Growth (UPDATED, Cowen)

Union Pacific (UP) grew carloads in fourth-quarter 2022 as it “continued to face challenges hiring craft professionals in critical locations and experienced the impact of extreme winter weather” in December, Chairman, President and CEO Lance Fritz reported Jan. 24. As a result, he said, “revenue growth was more than offset by elevated operating expenses from operational inefficiencies and a higher inflationary environment.”

STB: ‘Transparency Should Be Pursued’

The Surface Transportation Board (STB) on Jan. 20 denied Union Pacific’s (UP) motion for a protective order regarding documents requested at a hearing on the railroad’s institution of embargoes.

The new chairlift in operation on the slopes, Sun Valley, Idaho, 1937.
Commentary

Union Pacific Invented the Ski Chairlift?

You expect innovation from a name like Union Pacific, although with the company’s rich history, you may be surprised how far its achievements in technology and engineering reach. Take for example the ski chairlift, spotlighted in the Union Pacific Museum’s newest exhibit, “Discovered!: Winter Sports Under a Summer Sun: The Railroad and Sun Valley.”

UP Executive Vice President, Marketing and Sales Kenny Rocker (left) and Principal Director of WSP's Transit and Rail national business line Chris Heald (right)
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People News: UP, WSP

Union Pacific’s (UP) Executive Vice President, Marketing and Sales Kenny Rocker is recognized with Profiles in Diversity Journal’s 2022 Black Leadership Award. Also, Chris Heald joins WSP as Principal Director of the firm’s Transit and Rail national business line.

The team at CSX Memphis Intermodal Terminal (pictured) recently achieved 14 years without an Occupational Safety and Health Administration-recordable injury.

Class I Briefs: CSX, UP, NS

The CSX Memphis Intermodal team marks a safety milestone. Also, Union Pacific (UP), CSX and Norfolk Southern (NS) have been included in JUST Capital’s “America’s Most JUST Companies” list for 2023.