OMAHA, Neb. — Union Pacific on July 26 hired Jim Vena as CEO as the company cut its outlook after reporting disappointing results driven by weakening consumer demand and higher labor costs.

OMAHA, Neb. — Union Pacific will renew its push for one-person train crews when the railroad tests the idea of having a conductor in a truck respond to problems in Nebraska and Colorado.

OMAHA, Neb. — Engineers who operate trains for Union Pacific will soon have much more predictable schedules allowing them to plan when they are going to be off.

Canadian National announced plans to begin rail service in Mexico, the United States and Canada with what the railroad says will be a seamless connection in Chicago.

Union Pacific Corp. reported flat year-over-year income and slightly increased revenue for the first quarter of 2023.  

Union Pacific Corp. said it’s looking for a candidate to replace Chief Executive Officer Lance Fritz. A hedge fund that owns a roughly $1.6 billion stake in Union Pacific pushed for his ouster. 

Union Pacific Corp. reported fourth-quarter profit that missed analysts’ estimates as disruptions from winter storms drove up costs.

Shippers urged the U.S. railroad regulator to create more competition in the industry during hearings in which Union Pacific Corp. was called to explain a spike in service restrictions.

Union Pacific Railroad announced the distribution of more than $5.1 million in local grants through a program that promotes diversity, equity and inclusion.

Union Pacific, the second-largest U.S. railroad, is spending $1 billion to modernize 600 trains.