Union Pacific

Union Pacific President Whited stepping down

Union Pacific President Beth Whited will step down on July 1 after a 37-career at the railroad.

Whited will shift to a strategic advisor role through early 2026, the railroad said in a release Friday.

“Beth’s dedication to Union Pacific (NYSE: UNP) for more than three decades, leading multiple functions and teams while seeing the railroad through periods of transformative change, has been remarkable,” Chief Executive Jim Vena said in a statement. “She made history as the company’s first female...

https://www.freightwaves.com/news/union-pacific-president-whited-stepping-down

Class I railroads keep optimistic outlooks despite trade uncertainty

Despite mounting uncertainty over tariffs, trade policy and the economy, most major railroads held firm on their 2025 outlooks — contrasting with a wave of guidance cuts across other industries.

Among the five publicly traded Class I railroads, Canadian National, Norfolk Southern and Union Pacific kept their guidance intact, while Canadian Pacific Kansas City and CSX made slight downward adjustments during their first-quarter earnings calls over the past three weeks.

The guidance serves as a key...

https://www.freightwaves.com/news/class-i-railroads-keep-optimistic-outlooks-despite-trade-uncertainty

Union Pacific heritage locomotive honors Abraham Lincoln

Union Pacific has unveiled its Abraham Lincoln commemorative locomotive, honoring the president who signed the bill creating Union Pacific as part of the transcontinental railroad.

“Union Pacific (NYSE: UNP) exists because President Abraham Lincoln wasn’t afraid to ask, ‘What’s possible?’” Union Pacific Chief Executive Jim Vena said at a ceremony Wednesday in North Little Rock, Arkansas. “Our employees move the critical goods Americans use each day. We are proud of our heritage and look forward...

https://www.freightwaves.com/news/union-pacific-heritage-locomotive-honors-abraham-lincoln

BNSF will get to make case before STB on access to Utah short line

Federal regulators will determine whether BNSF Railway can use its trackage rights over Union Pacific to reach a new shortline railroad in Utah.

The Surface Transportation Board on Monday rejected Union Pacific’s request to dismiss the case regarding the Savage Tooele Railroad.

Savage held a groundbreaking ceremony in November for the railroad. It will revive Union Pacific’s former 6-mile Warner Branch, restore a quarter-mile of ripped-up track, and build 5 miles of new track in the Lakeview...

https://www.freightwaves.com/news/bnsf-will-get-to-make-case-before-stb-on-access-to-utah-short-line

BNSF and UP say possible container glut doesn’t scare them

Since late last year, BNSF Railway and Union Pacific have been busy handling a surge of containers from West Coast ports as U.S. companies pulled forward imports to beat potential tariffs.

But now with a trade war underway — and tariffs as high as 145% on goods made in China — the number of containers bound to the U.S. from China has dropped precipitously. Container shipping line Hapag-Lloyd, for example, has seen its China-U.S. bookings drop by a third since tariffs were imposed on April 2. And...

https://www.freightwaves.com/news/bnsf-and-up-say-possible-container-glut-doesnt-scare-them

BNSF, UP battle over California mountain pass trackage rights

Every day Union Pacific and BNSF Railway trains battle gravity and curvature as they wind their way up and down the former Southern Pacific main line through the rugged Tehachapi Mountains of Southern California.

Now UP and BNSF are engaged in a different sort of fight: The railroads have been unable to come to terms on a new deal for BNSF’s use of the line. And so UP (NYSE: UNP) has brought a rare trackage rights dispute to the Surface Transportation Board.

The railroads filed final briefs in...

https://www.freightwaves.com/news/bnsf-up-battle-over-california-mountain-pass-trackage-rights

Union Pacific posts flat quarterly results despite volume growth

Union Pacific (NYSE: UNP) reported flat quarterly earnings Thursday as a decline in fuel surcharge revenue offset record freight revenue that flowed from industry-leading volume growth.

“We had a solid start to the year. … [W]e delivered record first-quarter operating performance,” CEO Jim Vena told investors and analysts on the railroad’s earnings call. “Further, we had the strongest carload growth of the Class I’s as we worked closely with our customers to meet their needs in an uncertain...

https://www.freightwaves.com/news/union-pacific-posts-flat-quarterly-results-despite-volume-growth

First look: Union Pacific earnings

Union Pacific Corp. on Thursday said first quarter revenue and earnings were unchanged from a year ago as better volumes and pricing were offset by the mix of freight moving on its rails.

The Omaha, Nebraska-based carrier (NYSE: UNP) said net income for the quarter ended March 31 was $1.6 billion, or $2.70 per diluted share, from net income of $1.6 billion, or $2.69 per diluted share, in the year-ago quarter.

“The team delivered a solid start to the year as we worked closely with our customers to...

https://www.freightwaves.com/news/first-look-union-pacific-earnings

Central Oregon & Pacific takes over UP operations in Eugene, Oregon, Saturday

Genesee & Wyoming short line Central Oregon & Pacific can take over local operations from Union Pacific in Eugene, Oregon, as soon as Saturday, federal regulators have ruled.

In a unanimous decision Tuesday, the Surface Transportation Board denied the SMART-TD union’s request to scrutinize and reject the lease deal. The decision also denied Central Oregon & Pacific’s request that the board partially waive labor notification requirements.

G&W will take a phased approach to beginning operations on...

https://www.freightwaves.com/news/central-oregon-pacific-takes-over-up-operations-in-eugene-oregon-saturday

Union Pacific Railroad CEO ‘muy cómodo’ trabajando a través de tarifas

DENVER – El director ejecutivo de Union Pacific dice que su compañía trabajará a través de los choques arancelarios que agarran la economía de la misma manera que trabajó a través de la pandemia. «No puedo controlar lo que hacen los gobiernos», dijo el presidente ejecutivo de la Unión Pacífico, Jim...

https://fullavantenews.com/union-pacific-railroad-ceo-muy-comodo-trabajando-a-traves-de-tarifas/?lang=es

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