Latest Union Pacific Corp News

Union Pacific profit up as railroad delivery delays reduced

Jul. 21, 2022 13:01 PM EDT

OMAHA, Neb. (AP) — Union Pacific's second-quarter profit improved a bit, but the railroad's expenses jumped as it tried to reduce the delivery delays that have left its customers waiting for trains at times. The Omaha, Nebraska-based railroad said Thursday that its profit grew 2%...

Biden intervenes in railroad contract fight to block strike

Jul. 15, 2022 18:41 PM EDT

OMAHA, Neb. (AP) — President Joe Biden on Friday blocked a freight railroad strike for at least 60 days by naming a board of arbitrators to intervene in the contract dispute, averting action that could have disrupted all kinds of shipments. The widely expected move will keep...

Deadline to block freight rail strike looms before Biden

Jul. 14, 2022 11:48 AM EDT

OMAHA, Neb. (AP) — The deadline for President Joe Biden to intervene and keep 115,000 railroad workers from going on strike and disrupting deliveries of cars, crops, containers of imported goods and countless other products and raw materials is looming. Biden is widely expected to...

Railroad talks stall, so Biden likely to pick review board

Jun. 14, 2022 19:19 PM EDT

OMAHA, Neb. (AP) — Railroad contract talks remain deadlocked after more than two years of negotiations, so President Joe Biden will likely soon have to appoint a board to help settle the dispute. The National Mediation Board determined Tuesday that mediation isn't working in the...

Court: Some rail rate talks allowed in price-fixing suits

May. 18, 2022 17:43 PM EDT

OMAHA, Neb. (AP) — A federal appeals court has ruled that details of some of the conversations between the nation's four largest railroads about their rates can now be included in lawsuits challenging billions of dollars they charged their customers, but the mixed ruling will also exclude some...