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Feb
22

UP named to 'Most Admired' list

Union Pacific Railroad was named the most admired company in the trucking, transportation and logistics industry by Fortune for the sixth consecutive year, UP announced last week.

The recognition is the 13th time in 17 years that the Class I has been named No. 1. The magazine's annual "World's Most Admired" list is published in the March 1 edition, according to a UP press release.

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Feb
10

Union Pacific devotes vast resources in Texas to pursue cross-border traffic

Cross–border traffic into and out of Mexico currently generates about 10 percent of UP's annual volume.

By This email address is being protected from spambots. You need JavaScript enabled to view it., Managing Editor

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Feb
08

UP reports 3 percent fewer crossing accidents in 2015

Union Pacific Railroad reduced highway-rail crossing accidents by 3 percent in 2015, the Class I announced on Friday.

UP reduced the total number of Federal Railroad Administration reportable grade crossing accidents to 2.28 per million train miles.

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Feb
04

Arizona panel OKs upgrade of Union Pacific crossing in Tucson

The Arizona Corporation Commission has approved a $120 million project that includes a major upgrade to a Union Pacific Railroad crossing in Tucson, the commission announced this week.

Designed to improve safety and traffic flow, the project will remove a grade crossing at Interstate 10 and Ina Road in Tucson. I-10 will be lowered to ground level and widened to eight lanes, with Ina Road raised to cross over Camino de Oeste, the tracks, and I-10, commission officials said in a press release.

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Jan
21

UP's profit falls due to lower traffic volumes in 2015

Pricing gains weren't enough to offset the decline in traffic volume in fourth-quarter 2015 at Union Pacific Railroad. As a result, UP posted net income of $1.1 billion, or $1.31 per diluted share for the period, compared with $1.4 billion, or $1.61 per diluted share, in fourth-quarter 2014, the railroad announced this morning.

Operating revenue for the quarter fell 15 percent to $5.2 billion compared with Q4 2014. Fourth-quarter business volumes — measured by total revenue carloads — declined 9 percent in 2015 compared with a year ago. Volumes fell in each business group except for automotive. Coal led the decline; freight revenue for that category fell 31 percent, according to the company's press release.

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Jan
05

NTSB cites signal issue in UP train collision

The National Transportation Safety Board (NTSB) has determined that Union Pacific Railroad's failure to conduct a risk assessment of a new control point (CP) signal installation contributed to a collision of two UP trains in 2014, the agency announced in a report last month.

The incident occurred in September 2014 near Galva, Kan., when an eastbound UP train collided with the side of a westbound UP train, according to the NTSB's executive summary of its investigative report.

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