Union Pacific Railroad
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Modes
Unions criticize practice of furloughing in the rail industry
The Class I railroads furlough workers in times of lower volumes but unions think the cuts have been too deep as a result of precision…
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Company earnings
More network changes could happen in 2020, Union Pacific says
Rationalizing additional network assets is still a possibility in 2020.
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News
CSX and Union Pacific make changes to sales and marketing teams
Excerpt: The companies promote and assign new roles to longstanding employees.
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Modes
Shippers hammer railroads with lawsuits over fuel surcharges
Companies file a flurry of lawsuits against the big four U.S. Class I railroads, alleging their fuel surcharge programs violated antitrust laws.
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News
Union Pacific’s chief financial officer to retire; company names successor
Jennifer Hamann will succeed Rob Knight on January 1, 2020.
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Container
U.S. rail volumes still sluggish
U.S. rail volumes are down nearly 4% year-to-date amid a 6.6% decline for coal and a 4% drop for intermodal.
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News
Union Pacific investigating cause of explosive train derailment
The railroad was building the train when it derailed and caused a tank car to catch fire.
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Modes
Surface Transportation Board: 3 Class I railroads have sufficient returns for capital improvements
Three Class I U.S. rail operations earned enough returns on investment in 2018 to support their capital projects.
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Modes
Railroads see headwinds cutting volumes for rest of 2019
Slumping coal demand, trade wars and a competitive truck market are weighing on rail volumes for the remainder of the year.
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Railroad
Commentary: Is intermodal rail stalling?
Market Voice Jim Blaze writes about rail intermodal and what is happening to this area of the railroad sector.
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