Some farms, dairies and feed companies in the San Joaquin Valley of California are facing shortages of livestock feed supplies after deadly river flooding in the Midwest closed major railroad shipping corridors in recent days.
March 20, 2019Government, Business, Safety, TCA
Rail Closures Disrupt Livestock Feed Supplies for California Farms
Business, Logistics
Union Pacific Reports Strong 4Q Results, but Hints of Job Cuts
Union Pacific Corp. reported record 2018 fourth-quarter income of $1.55 billion, or $2.13 a share, on Jan. 24.
January 25, 2019Business, Logistics
Union Pacific, CSX, Reflect Solid Economic Growth
OMAHA, Neb. — The economy appears strong to the major freight railroads that haul the products and raw materials companies rely on, but the lingering trade disputes could derail business if they continue.
January 24, 2019Business, Logistics
New Hire, Performance Strategy Spur Union Pacific’s Resurgence
Union Pacific Corp. surged the most since 2009 after hiring a protege of railroading legend Hunter Harrison to guide the company’s shift to a new efficiency strategy.
January 8, 2019Business, Logistics
Union Pacific 2Q Earnings Are Up, but Facing Efficiency Challenges
Union Pacific Corp. on July 19 reported second-quarter net income of $1.51 billion, a 29% increase over $1.17 billion in the year-ago period.
July 19, 2018Business, Logistics
Union Pacific Records Solid 1Q Results
Union Pacific Railroad reported first-quarter net income of $1.3 billion, or $1.68 per share, compared with $1.1 billion, or $1.16, in the first quarter of 2017.
April 26, 2018Business, Logistics
YRC, Union Pacific Execs Laud Tax Reform as Boon for Transportation Industry
ATLANTA — YRC Worldwide CEO James Welch and an executive at Union Pacific predicted that tax reform will drive further economic growth and higher freight demand, but voiced concerns about the future of NAFTA and the continued challenge of attracting younger workers during a logistics conference here.
January 23, 2018