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Union Pacific
Business, Logistics, Global Freight

Union Pacific Profit Grows 7%

Union Pacific train

OMAHA, Neb. — Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat.

Josh Funk | Associated Press
July 25, 2024
Government, Business, Safety, Logistics

FRA: Union Pacific Undermined Regulators’ Safety Efforts

Union Pacific

OMAHA, Neb. — Union Pacific managers undermined the U.S. government’s efforts to assess safety at the railroad in the wake of several high-profile derailment, federal regulators say.

Josh Funk | Associated Press
May 1, 2024
Business, Logistics, Global Freight

Union Pacific’s First-Quarter Profit Creeps Up 1%

Union Pacific train

OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.

Josh Funk | Associated Press
April 25, 2024
Business, Logistics

Union Pacific Profit Tops Reduced Estimates

Union Pacific train

Union Pacific Corp. reported profit that topped analysts’ estimates, which had been adjusted down in the last month, as the railroad leaned on efficiency to make up for lower carloads and higher labor costs.

Thomas Black | Bloomberg News
October 19, 2023
Government, Business, Safety

Government Sues Union Pacific Over Using Flawed Vision Test

Union Pacific train

The U.S. government has joined some former workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were colorblind.

Josh Funk | Associated Press
October 2, 2023
Government, Business, Safety, Logistics

Explosion at Union Pacific Railyard Prompts Evacuations

Union Pacific railyard in Nebraska

An explosion inside a container at a Union Pacific railyard prompted evacuations in western Nebraska on Sept. 14 because of the toxic smoke generated when one of the chemicals caught fire.

Josh Funk | Associated Press
September 14, 2023
Government, Business, Safety

Union Pacific’s New CEO Won’t Rule Out Cuts

Union Pacific train

OMAHA, Neb. — Union Pacific’s new CEO, Jim Vena, says he won’t shy away from cuts, but no one should expect the kind of sweeping changes he made when he first oversaw operations a few years ago.

Josh Funk | Associated Press
September 13, 2023
Government, Business, Safety

Federal Railroad Inspectors Find Defects at Union Pacific

Union Pacific Nebraska

OMAHA, Neb. — Federal inspectors said they found an alarming number of defects in the locomotives and railcars Union Pacific was using at its railyard in western Nebraska this summer.

Josh Funk | Associated Press
September 11, 2023
Business, Logistics

Union Pacific Brings Back Jim Vena as CEO

A Union Pacific locomotive

OMAHA, Neb. — Union Pacific on July 26 hired Jim Vena as CEO as the company cut its outlook after reporting disappointing results driven by weakening consumer demand and higher labor costs.

Josh Funk | Associated Press
July 26, 2023
Government, Business, Safety

Union Pacific to Renew Push for One-Person Crews

Union Pacific railcars

OMAHA, Neb. — Union Pacific will renew its push for one-person train crews when the railroad tests the idea of having a conductor in a truck respond to problems in Nebraska and Colorado.

Josh Funk | Associated Press
July 18, 2023

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