U.S. border officials on Monday suspended freight rail operations in El Paso and Eagle Pass, Texas, in response to a surge in migrants in the region.
In this fireside chat, FreightWaves’ chief economist Anthony Smith talks with Union Pacific’s Matt Gloeb about how collaboration between the railroad and truck carriers in the intermodal space can help customers reach sustainability goals.
The Brotherhood of Maintenance of Way – Employes Division is continuing to express its disappointment over planned furloughs at Union Pacific. But UP insists that it will call back furloughed employees as the railway pursues rail service and safety goals.
Union Pacific is seeking to beef up its intermodal offerings via a terminal in Phoenix and the addition of destinations for its on-dock rail service at Port Houston.
A leading industry conference in New York about the state of railroads was unusually positive this year.
Outgoing STB Chair Martin Oberman had harsh words for Union Pacific at the RailTrends conference.
Executives with CSX, Union Pacific and Norfolk Southern at recent investor conferences listed some of the ways they expect to improve rail service.
On his first earnings call as Union Pacific’s CEO, Jim Vena said his goal for the railway is to “win and be the best in the industry.”
Lower revenues dented Union Pacific’s earnings for the third quarter of 2023.
Union Pacific will be offering intermodal service between two cities in Mexico and the U.S. Southeast.
U.S. intermodal volumes actually grew in September, according to the Association of American Railroads. And with the harvest season in full swing in the fourth quarter, expect rising grain volumes.
The Equal Employment Opportunity Commission has filed a lawsuit against Union Pacific in federal court over the dismissal of 21 conductors and locomotive engineers who had failed the railroad’s vision test.
Expanded service offerings, such as a reduction in transit time for the Falcon Premium intermodal service, should help support Union Pacific in the third and fourth quarters, UP leaders said at an investor conference this week.
Union Pacific is asking the Federal Railroad Administration for more details on the safety defects that federal inspectors reportedly found during focused inspections this summer.
Union Pacific plans to respond this week to concerns of Federal Railroad Administration Administrator Amit Bose that the railroad is being cavalier in ensuring its locomotives are safe.
A decline in rail volumes has led Union Pacific to store locomotives — which in turn has led to furloughs of at least 94 employees, according to a union official.
Union Pacific is seeking to bring operations back to normal at two of its California subdivisions that were hit by Tropical Storm Hilary.
Union Pacific’s Mojave and Yuma subdivisions are out of service due to high waters and mud over the tracks caused by Tropical Storm Hilary; electrical outages at some terminals are also impacting operations.
What will Union Pacific look like once incoming CEO Jim Vena assumes the role later this month? That’s the question industry stakeholders have been wondering.
New sick leave agreements and other deals will increase Union Pacific’s labor costs. Investors on UP’s second-quarter 2023 earnings call wanted to know by how much.
