Union Pacific, Vena powering up railroad’s business

IN TEXAS ABOARD UNION PACIFIC’S BIG BOY TRAIN — Jim Vena wants you to have a kolache.

In fact, the chief executive of Union Pacific, the largest U.S. railroad, wants everyone to have the Czech-Slovak fruit-filled pastry (pronounced ko-LA’-chee). “There’s one over there with your name on it,” he tells a visitor. 

So it’s hardly by chance, then, that the day’s portion of UP’s Big Boy steam locomotive tour begins in West, Texas. (The name of the town causes some confusion, located as it is in the...

https://www.freightwaves.com/news/union-pacific-vena-plan-to-power-up-railroads-business

Regulators nervous about rail freight decline

WASHINGTON — Federal regulators are summoning executives from the major freight railroads to a rare public hearing to explain how their companies plan to invest in and grow their business amid concern over recent negative volume trends.

In a notice published Friday, the Surface Transportation Board, which regulates railroad rates and service, said it also welcomes railroad customers, suppliers and rail labor to testify during the two-day hearing on Sept. 16 and 17 at STB headquarters in...

https://www.freightwaves.com/news/regulators-nervous-about-rail-freight-decline

Union Pacific defeats racial discrimination lawsuit

A federal judge has dismissed a discrimination lawsuit against Union Pacific Railroad Co., stating the plaintiff failed to prove he was a victim of racial discrimination and retaliation.

Judge Stephen P. McGlynn in the U.S. District Court for the Southern District of Illinois issued a summary judgment Wednesday dismissing the case brought by Le’Mon Bass.

Background

Bass, an African-American employee of the company, accused Union Pacific of racial discrimination and retaliation after the company...

https://www.freightwaves.com/news/union-pacific-defeats-racial-discrimination-lawsuit

CBP reopens key ports of entry for freight trains at US-Mexico border

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U.S. Customs and Border Protection reopened the three international border bridges at Eagle Pass and...

https://www.freightwaves.com/news/cbp-reopens-key-ports-of-entry-for-freight-trains-at-us-mexico-border

UP to customers: Urge Congress to help reopen US-Mexico rail crossings

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Union Pacific wants customers to urge Congress to pressure U.S. border officials to provide a...

https://www.freightwaves.com/news/up-to-customers-urge-congress-to-help-reopen-us-mexico-rail-crossings

Railroads can collaborate with truck carriers to serve customers

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday.

FIRESIDE CHAT TOPIC: How shippers can/should use the railroads in their supply chain strategies in 2024 and beyond.

DETAILS: Matt Gloeb, general manager of planning and product development for the marketing and sales division of Union Pacific, chats with FreightWaves’ chief economist Anthony Smith about how collaboration between the rail and trucking industries can aid in the successful implementation of...

https://www.freightwaves.com/news/railroads-can-collaborate-with-truck-carriers-to-serve-customers

Maintenance-of-way rail union and Union Pacific tussle over furloughs

Debate about furloughs at Union Pacific and how many employees could be affected continue to play out in the public arena following a recent industry conference where Surface Transportation Board Chairman Marty Oberman called out Union Pacific leadership.

The Brotherhood of Maintenance of Way – Employes Division (BMWED) sent two letters to the STB: one on Oct. 27 before the RailTrends conference in November hosted by Progressive Railroading and independent Wall Street analyst Tony Hatch and one...

https://www.freightwaves.com/news/maintenance-of-way-rail-union-and-union-pacific-tussle-over-furloughs

Union Pacific to operate international intermodal terminal in Phoenix

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Union Pacific is beefing up its intermodal offerings through two new options: an international...

https://www.freightwaves.com/news/union-pacific-to-operate-international-intermodal-terminal-in-phoenix

Class I railroad executives outline plans to bolster rail service

The ongoing theme of improving rail service as a means to capture market share away from trucking again appeared in comments from Class I railroad executives speaking at recent investor conferences.

To frame the discussion around rail service, CSX executives started by looking at what factors and conditions led market share away from rail to truck.

The railroads need to demonstrate that the service they provide is consistently reliable, according to CSX President and CEO Joe Hinrichs. who pointed...

https://www.freightwaves.com/news/class-i-railroad-executives-outline-plans-to-bolster-rail-service