General Information
UP shares rise on news of 62.7% operating ratio
(Source: Reuters, January 9, 2019) NEW YORK — Union Pacific Corp, the No. 1 U.S. railroad, said on Wednesday that a key measure of performance would come in better than expected for 2018, sending shares up 1.6 percent in after-hours trade. The Omaha, Nebraska-based company said its operating ratio was expected to be 62.7 percent…
Read MoreBLET to host Secretary-Treasurer class in March 2019
INDEPENDENCE, Ohio, January 9 — The BLET Education and Training Department will conduct a training class for Secretary-Treasurers from March 10-14, 2019, at the BLET National Division headquarters in Independence, Ohio. Registration for the class will be filled by Division Secretary-Treasurers who sign up on a first come, first served basis. Available slots are limited,…
Read MoreUP coal cars derail in Nebraska
(Source: Television station WOWT, January 8, 2019) VALLEY, Neb. — A string of rail cars jumped the tracks between Valley and Fremont Tuesday spilling coal along the way. No injuries were reported. Full story: www.wowt.com Wednesday, January 9, 2019
Read MoreUP brings CN veteran out of retirement to lead transition to PSR
(Source: Supply Chain Dive, January 8, 2019) WASHINGTON, D.C. — Union Pacific said Monday it would bring Jim Vena, a former executive vice president and chief operating officer at Canadian National (CN), out of retirement to become the railroad’s new COO as of January 14. Vena was hired to help lead UP’s transition to precision…
Read MoreExhausted, sleep-deprived workers on trains in Manitoba, report reveals
(Source: Winnipeg Free Press, January 7, 2019) OTTAWA — CN trains travelling across Manitoba are being operated by overtired railway staff who are unable to take their mandated rest breaks, with some even falling asleep while on shift. Full story: Winnipeg Free Press Wednesday, January 9, 2019
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