General Information
Union Pacific reports Q4 and full year 2018 results
(Source: Union Pacific press release, January 24, 2019) OMAHA, Neb. — Union Pacific Corporation today reported record 2018 fourth quarter net income of $1.6 billion, or $2.12 per diluted share, which represents 29 and 39 percent increases, respectively, when compared to adjusted results for the fourth quarter 2017. Reported fourth quarter 2017 results include previously disclosed…
Read MoreBLET to conduct Legislative Representatives class in June
INDEPENDENCE, Ohio, January 23 — The BLET Education & Training Department, in conjunction with the National Legislative Office, will conduct a class for BLET Division Legislative Representatives in Washington, D.C., from June 3-6, 2019. The class will take place at the International Brotherhood of Teamsters headquarters. Classroom training begins at 4:00 p.m. on Monday, June…
Read MoreUP, Berkshire Hathaway among ‘most admired’ companies for 2019
(Source: Progressive Railroading 01/23/2019 Fortune magazine has included Union Pacific Railroad and BNSF Railway Co. owner Berkshire Hathaway Inc. on its 2019 list of the “World’s Most Admired Companies.” UP is ranked third in the trucking, transportation and logistics category while Berkshire Hathaway is ranked No. 3 in the top 50. Others ranked in the transport category are XPO Logistics at No.…
Read MoreFiring of Lac-Megantic engineer ruled illegal, but he won’t be returning to work
(Source: Canadian Press, January 23, 2019) MONTREAL — An arbitrator says the firing last summer of Thomas Harding, the train engineer involved in the Lac-Megantic rail disaster, was illegal. He won’t be returning to work, but he will get financial compensation. Harding was acquitted in January 2018 of criminal negligence causing death. The union asked…
Read MoreNTSB not investigating transportation accidents due to government shutdown
(Source: www.news4jax.com, January 22, 2019) JACKSONVILLE, Fla. — There are 83 accidents around the country where a federal investigation is being delayed due to the partial government shutdown. Because most of its staff is furloughed, the National Transportation Safety Board is not beginning new investigations and is not updating cases that were already underway. Full…
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