union-pacific
At first glance, two major transportation stories this month appear to point in opposite directions.
FedEx has completed the spin-off of FedEx Freight, creating a standalone less-than-truckload carrier focused exclusively on the North American LTL market. At the same time, Union Pacific and Norfolk Southern are seeking regulatory approval to combine their networks into what would become the nation’s first transcontinental railroad.
One transaction is breaking a company apart. The other seeks ...
[+]
Union Pacific and Norfolk Southern have cleared an initial regulatory hurdle in their proposed merger to create the nation’s first transcontinental freight railroad, after the Surface Transportation Board accepted the carriers’ revised application for consideration while simultaneously pausing proceedings pending additional information.
The railroads said May 28 that the STB’s decision ...
[+]
CSX Corp. said Sept. 29 it has named former Linde CEO Steve Angel as president and CEO, and a member of the board. He succeeds Joe Hinrichs, who has departed from the company after three years at the helm.
Angel, with more than 45 years of experience leading large, public companies, ...
[+]
Port of Long Beach CEO Mario Cordero declared 2024 the “year of rail,” supported through investments by Class I railroads Union Pacific and BNSF, during his recent state-of-the-port address in January.Four port projects are in design or under construction at the Southern California container port, including major segments of the ...
[+]
Schneider announced on January 19 that the company is expanding intermodal service by moving its primary western United States rail partnership to Union Pacific beginning in 2023.Schneider has one of the largest intermodal fleets in North America with over 25,000 containers and plans to double the company’s intermodal size by ...
[+]
Union Pacific is the first large North American railroad to be recognized as a Top Green Provider by Food Logistics. The publication's annual list recognizes companies whose products, services or leadership enhances sustainability within the food and beverage industry.
Many foods travel by train before landing on tables across the world. ...
[+]
Union Pacific was named the most admired among trucking, transportation and logistics companies by Fortune for the sixth year in a row, marking the thirteenth time in 17 years the company has been named No. 1. The magazine's annual World's Most Admired list is published in the March 1 edition, ...
[+]
Andrew Lindsay "Drew" Lewis Jr., who died Feb. 10, at age 84, served as Union Pacific Railroad chairman and chief executive officer from April 1986 to April 1987. Lewis then served as Union Pacific Corporation president and chief executive officer from 1987 to 1997.
Lewis played a central role in the ...
[+]
