December 20, 2014

UTU members approve Nebraska Central pact

UTU Local 367 represented employees of Nebraska Central Railroad, which includes all crafts, have ratified a wage, rules and working conditions agreement with an 80 percent plurality. The five-year agreement provides for a signing bonus, wage increases, a minimum-hours guarantee and improved working conditions. Assisting Local 367 in the negotiations were UTU International Vice President John [...]

Railroads 2010: How sweet it was

How did major railroads perform in 2010? Reviewing their calendar-year and fourth-quarter profit statements, one wouldn’t know they were operating in the midst of a nationwide recession. Profits soared, stock dividends were raised and operating ratios improved. (Operating ratio — a railroad’s operating expenses expressed as a percentage of operating revenue — is considered by [...]

Record profits, but UP opposes PTC costs

On the same day (Jan. 20) Union Pacific reported record fourth quarter and record calendar year 2010 profits, UP Chairman Jim Young said he is headed to Washington to meet with President Obama’s economic advisers to oppose a congressional mandate that railroads implement crash-avoidance positive train control by year-end 2015. UP told investors its 2010 [...]

UP capital expenditures in 2011 to soar 25%

Union Pacific will increase its capital spending by 25 percent to $3.25 billion in 2011, reports the Journal of Commerce. UP capital exenditures in 2010 totaled $2.6 billion. UP said it will be purchasing as many as 200 new locomotives in 2011, upgrade numerous corridors to accommodate double-stack container cars, and replace a 100-year-old bridge across [...]

Superintendent appointments at UP

Union Pacific has announced the following assignments to superintendent-transportation services positions, effective Nov. 15: Lance Hardisty will become superintendent-transportation services, El Paso, Texas, moving from a similar position in St. Paul, Minn. Rod Doerr will become superintendent-transportation services, St. Paul, Minn. He has held management posts in mechanical maintenance, terminal operations and transportation services. Mike Brazytis will become [...]

UP may ink Illinois passenger rail contract

Union Pacific, frequently identified – rightly or wrongly – as a foe of joint freight/passenger rail operations, may be the first major railroad to sign such an implementing agreement, reports the Journal of Commerce. The Journal of Commerce quoted UP CEO Jim Young as saying he is “confident” that UP and the State of Illinois [...]

UP adding 10,000 new containers to fleet

Railroad intermodal traffic –- especially the movement of containers atop flat cars — is sizzling. Responding to the growing demand, Union Pacific has ordered almost 10,000 new 53-foot containers this year, according to the Journal of Commerce. Additionally, reports the Journal of Commerce, UP has ordered 5,600 new wheeled chassis on which the containers travel [...]

UP profit soars; those furloughed will return

Union Pacific earnings for the third quarter 2010 soared by 51 percent from the third quarter 2009, the railroad told investors Oct. 21. UP told Wall Street analysts it was the company’s most profitable quarter ever. In reporting the record earnings, UP Chairman Jim Young told Wall Street analysts that the railroad had put some [...]

UP inaugurates “close call” project

Employees at the nation’s largest rail yard, the Union Pacific yard in North Platte, Neb., can now voluntarily and anonymously report “close-call” incidents that could have resulted in an accident, but did not, without fear of sanction or penalty from their employer or the federal government. The program, initiated at the request of the UTU [...]

Leadership message: Jan. 18

Brothers and Sisters: We know our rail members employed by BNSF, CSX, KCS, NS and UP are anxious about the status of talks with the National Carriers’ Conference Committee (NCCC). The talks resume Jan. 22 in Jacksonville, Fla. It has been a year since the UTU and the NCCC held negotiations; and, in the interim, [...]