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Union Pacific EVP Whited sells $855,400 in company stock

(Source: Market Beat, July 7, 2020) NEW YORK — Union Pacific Co. EVP Elizabeth F. Whited sold 5,000 shares of the business’s stock in a transaction dated Monday, July 6. The shares were sold at an average price of $171.08, for a total value of $855,400.00. Full story: Market Beat Wednesday, July 8, 2020

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Federal agencies, rail unions team up on safety research

(Source: Freight Waves, July 6, 2020) CHATTANOOGA, Tenn. — Researchers at federal agencies are working with the railroad unions to understand how railroaders best receive information on safety practices. Full story: Freight Waves Tuesday, July 7, 2020

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Putting the brakes on brakes

(Source: Freight Waves, July 5, 2020) CHATTANOOGA, Tenn. — Congress’ infrastructure bill is no stranger to controversial issues, including train crew sizes, the prospect of shipping liquefied natural gas via rail, and government studies on precision scheduled railroading and demurrage and accessorial charges. Full story: Freight Waves Tuesday, July 7, 2020

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Dakota Access pipeline shutdown may revive oil by rail industry

(Source: Reuters, July 6, 2020) NEW YORK — Companies that transport oil by rail are prepping for a business surge after a federal judge ordered the largest crude pipeline out of North Dakota to shut within a month, market sources said on Monday. Full story: Reuters Tuesday, July 7, 2020

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