Old Mo. River bridge saved for use on Katy Trail

2010-02-22T11:44:47Z

<div id="subtitle">Union Pacific to give historic railroad bridge to Mo. city for potential use on Katy Trail</div><div><p>A rusty Missouri River railroad bridge that came to symbolize the battle between historical tourism and modern transportation has been saved from demolition due largely to federal...

Railroads signal a tepid US economic recovery

2010-02-22T16:52:06Z

<div id="subtitle">Major freight railroads report lower profit as weak economy continues to limit shipping demand</div><div><p>The nation's railroad operators expect a tepid recovery for the U.S. economy in 2010, as both businesses and consumers continue to wrestle with the effects of the recession.</p><p>The severe economic slump cut shipping demand for the railroads because American consumers and industries hav...

Union Pacific 4Q profit falls 17 percent

2010-02-22T17:10:00Z

<div id="subtitle">Union Pacific 4Q earnings fall as weak economy hurts demand for coal and industrial products</div><div><p>Union Pacific Corp. said Thursday its fourth-quarter profit fell 17 percent as the railroad's efforts to improve productivity and limit costs could not offset lower shipping volume.</p><p>The

Earns Union Pacific

2010-01-21T06:30:45Z

FILE - In this April 22, 2008 file photo, a Union Pacific train travels through Council Bluffs, Iowa. Union Pacific Corp. said Thursday, Jan. 21, 2010, its fourth-quarter profit fell 17 percent as the railroad's efforts to improve productivity and limit costs could not offset lower shipping volume.(AP Photo/Nati Harn...

Federal panel to take up commuter train wreck

2010-02-22T17:15:17Z

<div id="subtitle">Federal panel expected to determine probable cause of California train wreck that killed 25</div><div><p>A federal panel is wrapping up its 16-month investigation into a commuter train crash in a Los Angeles suburb that killed 25 people and injured at least 130.</p><p>The CSX Corp.

Union Pacific sets company record of shipments

2010-02-22T19:47:04Z

<div id="subtitle">Union Pacific sets company record by delivering 1.25 million intermodal shipments in 2009</div><div><p>Despite last year's tough economy, freight railroad operator Union Pacific says it set company records with the number of intermodal shipments it handled in 2009.</p><p>The O...

Amtrak suspends Chicago-Denver train due to snow

2010-02-22T23:20:23Z

<div id="subtitle">Amtrak suspends Chicago-Denver service because of snow; freight trains slowed on Plains</div><div><p>Cold weather and blowing snow slowed freight train traffic across the Plains on Friday and forced Amtrak to suspend service between Chicago and Denver.</p><p>The one train that runs between Chicago and

Neb. high court says UP worker can sue for injury

2010-02-23T17:22:28Z

<div id="subtitle">Neb. high court says walking from parking lot isn't commuting, so UP may be liable for injury</div><div><p>A retired Union Pacific conductor can seek compensation for a knee injury because walking into work from the parking lot was part of the conductor's job, the Nebras...

Union Pacific promotes several executives

2010-02-23T18:24:30Z

<div id="subtitle">Railroad operator Union Pacific names Dennis Duffy vice chairman of railroad operations</div><div><p>Freight railroad operator Union Pacific Corp. announced several executive changes Wednesday that will take effect Jan. 1.</p><p>The company said Executive Vic...

Neb. court says ex-worker can sue Union Pacific

2010-02-24T04:11:46Z

<div id="subtitle">Nebraska court revives lawsuit against Union Pacific by worker who got West Nile on the job</div><div><p>A Nebraska appeals court on Tuesday reinstated a lawsuit from a former Union Pacific Railroad worker who claims the company should have better protected her from West Nile virus.</p&a...

Berkshire to sell UP, Norfolk Southern stakes

2010-02-24T07:46:39Z

<div id="subtitle">BNSF exec says Warren Buffett's Berkshire Hathaway will sell its UP, Norfolk Southern stakes</div><div><p>Warren Buffett's company will sell its stakes in Pacer Int'l shares soar 20 percent as co. settles Union Pacific dispute, turns 3Q profit</div><div><p>Shares of Pacer International Inc. jumped nearly 20 percent in Tuesday aftermarket trading after the logistics services provider said it has resolved a dispute w...

Buffett buying Burlington rail in his biggest deal

2010-02-24T10:41:26Z

<div><p>NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out Burlington Northern Santa Fe Corp i...

Railroads see a steep climb to stronger economy

2010-02-24T15:32:24Z

<div id="subtitle">Economy still not on track, railroads say, warning shipping will be weak through 2010</div><div><p>Consumers still aren't buying. Manufacturing lines are still slow. And, oil prices are going up.</p><p>For all these reasons, the nation's railroads can't predict when the economic engines will hum again. All they're saying is, for now, it's not getting worse.</p><p>Few...

Weak economy sends Union Pacific profit lower

2010-02-24T15:50:29Z

<div id="subtitle">Union Pacific's 3Q profit falls 26 pct as shipping volumes sag amid weak economy</div><div><p>Union Pacific Corp. said Thursday the economy has stabilized but remains weak, depressing shipping volumes and profit at the nation's largest railroad.</p><p>The company said lower fuel costs, improved productivity and ot...

Industrials' optimism is short-range

2010-02-24T15:46:39Z

<div><p>NEW YORK/CHICAGO (Reuters) - The executives who run big U.S. industrial companies are cautiously optimistic about the future but, so far, their optimism does not extend very far.</p><p>Few are willing to predict stronger demand for their products...

US seeks crackdown on drug smuggling aboard trains

2010-02-25T15:57:07Z

<div id="subtitle">US government wants railroads to crack down on drug smuggling aboard freight trains</div><div><p>When rail cars idle on side tracks in Mexico to be loaded with legitimate cargo and shipped to the United States, drug smugglers scan for places to hide their own loot — and if no good place is apparent, they make one.<...

Union Pacific settles alleged water violations

2010-02-25T23:24:22Z

<div id="subtitle">Union Pacific, federal government settle over alleged Clean Water Act violations in Nevada</div><div><p>The federal government says Union Pacific Railroad Company has agreed to settle alleged violations of the Clean Water Act in Nevada.&...

UP 2Q profit falls 12 pct but beats expectations

2010-02-26T05:47:54Z

<div id="subtitle">Union Pacific 2Q net income slips 12 percent but beats expectations on lower costs, land sale</div><div><p>Union Pacific Corp. reported a 12 percent drop in its second-quarter net income Thursday as shipping demand remained weak, but the railroad beat expectations by keeping expenses 30 percent lower and selling some land in Colorado.&lt...

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