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Mar
21

UP urges photographers to stop taking pictures on tracks after fatality

Rail News Home Union Pacific Railroad 3/21/2017 Rail News: Union Pacific Railroad
An ad from Union Pacific's photo safety campaign.Photo – UP

Union Pacific Railroad yesterday reiterated its call for photographers to stop taking pictures on or near tracks.

The warning followed news of a Texas teen who was killed last week while posing for photos on UP tracks. The young woman was standing where two tracks meet in Navasota, Texas, when she was struck by a train, The Bryan-College Station Eagle reported last week.

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Mar
21

UP urges photographers to stop taking pictures on tracks after fatality

3/21/2017    

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Mar
20

UP reports PTC progress

Rail News Home Union Pacific Railroad 3/20/2017 Rail News: Union Pacific Railroad
Twenty-six percent of the railroad's subdivisions are PTC-ready.Photo – Union Pacific

More than a quarter of Union Pacific Railroad's subdivisions are positive train control (PTC) ready, the Class I announced last week.

UP has equipped 59 subdivisions with wayside devices, which include signals, switches and radios, according to a UP press release.

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Mar
20

UP reports PTC progress

3/20/2017    

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Mar
09

Union Pacific aims to drive innovation by empowering employees to use idea-sharing software

Rail News Home Union Pacific Railroad March 2017 Rail News: Union Pacific Railroad

A major, or Big I-type, innovation UP is pursuing is Machine Vision. Installed across track, a Machine Vision portal includes cameras and sensors (as shown) to inspect a passing train.Photo – Union Pacific Railroad By This email address is being protected from spambots. You need JavaScript enabled to view it., Managing EditorAn idea is a notion of a possible action or a conception of what ought to be. And it’s going to take a lot more ideas for Union Pacific Railroad to continue cultivating a culture that embraces and drives innovation.The railroad is seeking better ways to perform routine tasks or employ recurring processes — efforts that can help boost efficiency, enhance safety, build business and cut costs, UP leaders believe.Innovation is one of the railroad’s six “value tracks” that build on its core vision and mission; the other five are world-class safety, an excellent customer experience, resource productivity, a maximized franchise and an engaged team. When aligned, the tracks help create competitive advantages for customers, foster job stability and satisfaction for workers, and prompt solid returns for shareholders, UP leaders say.Because of what’s become a top-to-bottom push, innovation now is evident throughout the organization, they say. And much of it was derived from workers’ ideas.For example, the Class I in 2012 launched the UP Way, an initiative that encourages employees to conceive new ways to continuously improve safety, service and efficiency, such as by standardizing work processes. The initiative and similar efforts have helped the railroad institute small, incremental improvements (the Little I in furthering innovation). A Little I might be as uncomplicated as installing an air system at a yard to halve dwell time.But the railroad also needs to initiate more large, game-changing improvements (known as the Big I) to register highly impactful results, says UP Senior Vice President of Supply Chain and Continuous Improvement Lynn Kelley.“We have had pockets of innovation, like our long-rail initiative,” says Kelley, referring to a strategy implemented several years ago to import 480-foot sections of rail from Japan to form quarter-mile-long welded strings. “But we want systemic innovations. That’s the focus for us now.”Enter Innovation Station, an electronic suggestion box of sorts slated to launch company-wide in May. The software application is designed to provide all employees a platform to share and vet ideas, from big to small and simple to complex.Starting in May, any UP employee will be able to share a big or little idea on Innovation Station. Union Pacific Railroad

For a company with more than 40,000 employees in 23 states, one of the biggest challenges is ensuring an idea is heard. The software will help empower employees to drive innovation and prompt results — the Big I variety included, UP leaders say.

The railroad can gain meaningful operational or organizational impacts from ideas that lead to both smaller and large-scale innovations, said UP Chairman, President and Chief Executive Officer Lance Fritz in an email. He cites Machine Vision — portals installed across track that can take 50,000 images per second and create 3D models to inspect a passing train — as a prime Big I example.

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Feb
24

UP to host hearing on police department standards

Rail News Home Union Pacific Railroad 2/24/2017 Rail News: Union Pacific Railroad
Union Pacific Railroad's police department is seeking public input as it pursues its third accreditation from the Commission on Accreditation for Law Enforcement Agencies Inc. (CALEA), the national accrediting organization for law enforcement agencies.The voluntary accreditation is considered the "gold standard" in law enforcement to show that police force meets rigorous requirements, said UP Police Chief Robert Morrison in a press release."Receiving community feedback is an important part of the process and we encourage community members to share their thoughts as we demonstrate our commitment to law enforcement excellence," said Morrison.CALEA's on-site evaluation seeks to confirm the police department meets standards in policy and procedures, administration, operations and support services. The public comments are sought to address UP's compliance with those standards.UP is asking community members to provide feedback by calling 877-859-9008 between 1 p.m. and 3 p.m. March 14. A public hearing will be held 3:30 p.m. to 4:30 p.m. that day at the Residence Inn in downtown Omaha, Neb. Comments are limited to 10 minutes at both forums. Contact Progressive Railroading editorial staff. More News from 2/24/2017

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Feb
24

UP to host hearing on police department standards

2/24/2017    

Rail News: Union Pacific Railroad

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Feb
17

UP named 'most admired' by Fortune magazine

Rail News Home Union Pacific Railroad 2/17/2017 Rail News: Union Pacific Railroad
Union Pacific Railroad was named the most admired among trucking, transportation and logistics companies by Fortune for the seventh consecutive year, the Class I announced yesterday.The designation also marked the 14th time in 18 years the company has been named No. 1, according to a UP press release.UP ranked first in eight performance areas identified by Fortune: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value and quality of products or services.The Korn Ferry Hay Group, Fortune's research partner, surveyed executives, directors and analysts to select companies they most admired from a list that began with 1,500 international and domestic companies."This recognition is a testament to Union Pacific's more than 40,000 employees, who commit daily to working safely and efficiently for the good of our customers, communities, shareholders and their fellow employees," said UP Chairman, President and Chief Executive Officer Lance Fritz.The magazine's annual "most admired" list will be published in the March edition. Contact Progressive Railroading editorial staff. More News from 2/17/2017

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Feb
17

UP named 'most admired' by Fortune magazine

2/17/2017    

Rail News: Union Pacific Railroad

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Feb
03

Union Pacific OKs $3.1 billion capex plan

Rail News Home Union Pacific Railroad 2/3/2017 Rail News: Union Pacific Railroad
Union Pacific Railroad's board yesterday approved a 2017 capital plan of $3.1 billion, down $400 million from last year's plan.The 2017 plan includes $300 million for the railroad's ongoing implementation of positive train control, UP officials said in a press release."The 2017 capital plan reflects our continued commitment to safety, productivity and future profitable growth," said UP Chief Financial Officer Rob Knight in a press release. "Our capital investments serve a critical role in adding value for our customers and shareholders."Most Class Is expect to spend less on capital expenditures, Progressive Railroading reported last week. However, Canadian Pacific has announced a 6 percent increase in its 2017 capex budget, while Norfolk Southern Corp. expects to spend about the same this year. Meanwhile, the Association of American Railroads (AAR) announced this week that the freight railroad industry will spend about $22 billion on capex in 2017. The railroads' investments will include upgraded track and locomotives, as well as advanced technology designed to meet demand and improve railroad safety, according to an AAR press release. Contact Progressive Railroading editorial staff. More News from 2/3/2017

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Feb
03

Union Pacific OKs $3.1 billion capex plan

2/3/2017    

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Jan
27

UP: Employee injury rate hit record low in 2016

Rail News Home Union Pacific Railroad 1/27/2017 Rail News: Union Pacific Railroad
Union Pacific Railroad's employee injury rate declined 14 percent last year compared with the 2015 rate, marking the railroad's best annual employee-safety rate, UP reported Wednesday.The company's employee reportable injury rate is measured by injuries for every 200,000 employee hours worked. UP's rate declined from 0.87 in 2015 to 0.75 in 2016."Union Pacific's employees achieved an incredible milestone reflecting their dedication to operating safely in work areas and the communities we serve," said Rod Doerr, vice president – safety, in a press release. "This unrelenting focus ensures everyone goes home safely as we work toward our ultimate goal of zero accidents."Additionally, UP posted a 3 percent improvement in its 2016 derailment rate compared with 2015. The reportable rail equipment incident rate per million train miles dropped from 3.10 in 2015 to 3.02 in 2016.The Class I applies a variety of safety and risk mitigation activities, such as the "Courage to Care" program that encourages employees to "look out for their peers and 'stop the line' on any operation that could result in an incident," UP officials said. The railroad also occasionally stops systemwide operations for "safety stand-downs," during which employees have candid discussions about safety. Contact Progressive Railroading editorial staff. More News from 1/27/2017

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Jan
27

UP: Employee injury rate hit record low in 2016

1/27/2017    

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Jan
19

UP posts higher net income in Q4 2016

Rail News Home Union Pacific Railroad 1/19/2017 Rail News: Union Pacific Railroad
Union Pacific Railroad today reported fourth-quarter 2016 net income rose 2 percent to $1.1 billion, or $1.39 per diluted share, compared with net income in fourth-quarter 2015.Operating revenue in Q4 2016 slipped 1 percent to $5.2 billion compared with the same period a year ago, according to a UP press release.The Class I beat analysts' expectations for Q4 earnings. "While full-year volumes were down substantially year over year, we did see declines moderate in the fourth quarter," said Lance Fritz, Union Pacific chairman, president and chief executive officer. "As we worked through the challenges of the year, we remained focused on the strategy we live each day through our six value tracks. Executing on these value tracks enables us to run a safe, efficient and productive railroad while providing our customers an excellent value proposition."Fourth-quarter business volumes, as measured by total revenue carloads, declined 3 percent in the quarter compared with 2015. Although agricultural product shipments rose 8 percent, volumes fell in UP's five remaining business groups. UP's 62 percent operating ratio improved 1.2 points compared with the operating ratio in Q4 2015.By business group, Q4 freight revenue rose 7 percent in agricultural products; remained flat in chemicals and intermodal; fell 2 percent in industrial products; and declined 6 percent in both automotive and coal.For full-year 2016, UP reported net income of $4.2 billion, or $5.07 per diluted share, compared with $4.8 billion, or $5.49 per diluted share in 2015, representing 11 and 8 percent decreases, respectively. Operating revenue totaled $19.9 billion as compared to $21.8 billion in 2015. Operating income totaled $7.3 billion, down 10 percent compared to 2015.Also last year, freight revenue fell 9 percent to $18.6 billion compared with 2015. Carloadings last year slipped 7 percent compared with the previous year, with declines in UP's chemicals, coal, industrial products and intermodal business groups.UP's operating ratio for full-year 2016 rose to 63.5 percent, which was 0.4 points higher than the full-year record set in 2015.Looking ahead to this year, UP is "fairly optimistic about some of the macro-economic indicators that drive our core business," said Fritz."Higher energy prices, favorable agricultural markets and improving business and consumer confidence all support a return to positive volume growth this year," Fritz said. "We continue to have confidence in the strength and diversity of the Union Pacific franchise, which will position us well to safely and efficiently leverage stronger volumes as our markets begin to rebound." Contact Progressive Railroading editorial staff. More News from 1/19/2017

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Jan
19

UP posts higher net income in Q4 2016

1/19/2017    

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Jan
10

UP's 'GroTrain' now serving South Dakota regional

1/10/2017    

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Jan
04

Union Pacific acquires Railex assets

1/4/2017    

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Dec
22

UP recognized for safe transportation of hazardous materials

12/22/2016    

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Dec
14

UP to upgrade Portland bridge electrical system

12/14/2016    

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Nov
18

Union Pacific promotes Butler, Whited; elects Hopkins to the board

11/18/2016    

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