The Latest Breaking News from Union Pacific Corp

Union Pacific Corp (NYSE:UNP) plans to begin using a higher biodiesel blend in locomotives acquired from Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec) in its efforts to increase the percentage of low-carbon fuels consumed to 10% of its total diesel consumption by 2025 and 20% by 2030. Biofuel is a domestically produced, clean-burning, renewable substitute…

Union Pacific Corp (NYSE:UNP) plans to purchase 20 battery-electric locomotives for testing in yard operations. The company expects the combined purchases and upgrades to yard infrastructure to exceed $100 million. The railroad will purchase the locomotives from Progress Rail, a Caterpillar Inc. (NYSE:CAT) company, and Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec). Union Pacific anticipates the first…

Union Pacific Corp (NYSE:UNP) reported fourth-quarter operating revenue growth of 12% year-over-year to $5.73 billion, above the consensus of $5.62 billion. EPS of $2.66 topped the Street view of $2.61. The revenue increase was driven by higher fuel surcharge revenue, a positive business mix, and core pricing gains, partially offset by lower volumes.…

Schneider National Inc (NYSE:SNDR) is expanding intermodal service by moving its primary western U.S. rail partnership to Union Pacific Corp (NYSE:UNP) in 2023. Deal terms not disclosed. Schneider will continue to move freight with its current western rail provider for the remainder of 2022 and transition to full service on the Union Pacific rail network…