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155 Posts Found tagged with "union pacific"

Union Pacific Q4 revenue reported, CAPEX up for 2021

January 21st, 2021
January 21, 2021 - TRA Newswire - Union Pacific Corporation (NYSE: UNP) reported 2020 fourth quarter net income of $1.4 billion, or $2.05 per diluted share, compared to $1.4 billion, or $2.02 per diluted share, in the fourth quarter 2019. "These outstanding...

Abandoned south Austin railway could be restored to offer trail, transit options

January 4th, 2021
January 4, 2021 - kxan.com - For years, a Union Pacific Railroad line in south Austin provided a critical connection to the Bergstrom Air Force Base, but after the base was closed in 1993 the railway was decommissioned. Today, most of the...

Fort Worth-based shortline RR hopes to revive passenger, freight rail service on Colorado line

December 20th, 2020
December 20, 2020 - TRA Newswire - UPDATED January 2, 2021 to show agreement reached. Fort-Worth based Rio Grande Pacific subsidiary Colorado Midland & Pacific Railway Company (CMP) has entered into a commercialagreement with Union Pacific Railroad (UP) for the majority...

Jefferson: The last attempt to launch passenger rail from San Antonio to Austin lined consultants’ pockets but accomplished litt

November 25th, 2020
October 30, 2020 - ExpressNews.com - Greg Jefferson, Business Editor - Let’s start on a positive note: The Lone Star Rail District was very good at using tax dollars to keep a couple of people employed and consultants flush with billable...

Mexico rail blockades delaying shipments to and from U.S.

October 4th, 2020
September 29, 2020 - TRA Newswire - Ongoing railroad blockades by protestors in Mexico are delaying shipments of crude oil and other products to and from U.S. ports of entry, according to rail officials. Measures to control Covid-19 have added to the...

Flood of imports putting strain on handling rail shipments in Texas, elsewhere

September 16th, 2020
September 16, 2020 - TRA Newswire - Call it good news in the pandemic but an influx of cargo arriving at U.S. ports of entry, including south Texas, is putting a strain on rail services after months of lowered demand. Signs...

Hurrican Laura causes rail woes in TX and LA

August 28th, 2020
August 28, 2020 - TRA Newswire - With winds of 120 miles per hour Hurricane Laura left a trail of destruction through Southern Louisiana and parts of Southeast Texas yesterday, forcing rail rerouting and closures. Shippers were warned to expect some...

Texas logistics parks growing: intermodal rail a strong factor

August 22nd, 2020
August 4, 2020 - GlobeSt.com - On the heels of another speculative project underway in El Paso, VanTrust Real Estate LLC recently broke ground on a 1 million-square-foot speculative industrial building in southern Dallas. Located south of Interstate 20, DalParc Logistics...

Union Pacific busy redesigning its Houston operations

July 26th, 2020
July 24, 2020 - TRA Newswire - Houston and Chicago are two of the major markets that Union Pacific Railroad is concentrating on to make its operations more efficient, according to UP President and CEO Lance Fritz during a 2nd quarter...

Coronavirus gives Union Pacific's 2nd quarter earnings a chill

July 23rd, 2020
July 23, 2020 - TRA Newswire - Union Pacific Railroad's second quarter took a 20 percent hit in volume as the Coronavirus slowed down economic activity across its operations. Income slipped from $1.6 billion last year to $1.1 billion in this...

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