Union Pacific Railroad

Union Pacific's Big Boy No. 4014 Returns this Summer with Public Display Days in Roseville, California and Ogden, Utah

Retrieved on: 
Jeudi, mai 9, 2024

During the tour, the Union Pacific Museum will host a special passenger trip.

Key Points: 
  • During the tour, the Union Pacific Museum will host a special passenger trip.
  • The unique experience is the annual gala fundraiser for the nonprofit organization and provides a rare opportunity to travel on this historic heritage equipment.
  • Twenty-five Big Boy locomotives were built for Union Pacific to haul freight over the steep grade of the Wasatch Mountain Range in Utah during World War II.
  • Eight were preserved after the locomotives were retired six decades ago, but only Big Boy No.

Union Pacific Corporation Declares Second Quarter 2024 Dividend

Retrieved on: 
Jeudi, mai 9, 2024

The Board of Directors of Union Pacific Corporation (NYSE: UNP) has declared a quarterly dividend of $1.30 per share on the company’s common stock, payable Jun. 28, 2024, to shareholders of record May 31, 2024.

Key Points: 

The Board of Directors of Union Pacific Corporation (NYSE: UNP) has declared a quarterly dividend of $1.30 per share on the company’s common stock, payable Jun. 28, 2024, to shareholders of record May 31, 2024.
Union Pacific has paid dividends on its common stock for 125 consecutive years.

Sales and Profitability Growth Drive Continuing Momentum in L.B. Foster First Quarter 2024 Results; Company Reaffirms 2024 Guidance

Retrieved on: 
Mardi, mai 7, 2024

Net debt at quarter end included the impact of $3.5 million in net proceeds received for a non-core property sale completed during the quarter.

Key Points: 
  • Net debt at quarter end included the impact of $3.5 million in net proceeds received for a non-core property sale completed during the quarter.
  • Foster Company (Nasdaq: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today reported its 2024 first quarter operating results.
  • Improved sales and profitability across our Steel Products businesses helped to offset the weaker Precast results within Infrastructure in the quarter.
  • As expected, net debt increased $22.2 million during the quarter primarily due to increased working capital to support sales growth.

Union Pacific Shaves Two Days Off Los Angeles to Chicago Route with New Domestic Service

Retrieved on: 
Vendredi, mai 3, 2024

Union Pacific Railroad announced today that it is offering a new domestic intermodal service that will cut transit time to three days for customers transporting goods from Southern California to the Chicago area.

Key Points: 
  • Union Pacific Railroad announced today that it is offering a new domestic intermodal service that will cut transit time to three days for customers transporting goods from Southern California to the Chicago area.
  • The new service, which began April 28, will run daily from Union Pacific’s intermodal terminal at the City of Industry in California to Global 2 in Northlake, Illinois, located near the heart of the greater Chicago metropolitan area.
  • “We are delivering the service we sold to our customers – and we’re now able to do it faster,” said Union Pacific CEO Jim Vena.
  • This is the second premium train Union Pacific currently offers daily between Los Angeles and Chicago.

Mining Lease Secured at Copper Mountain, Setting the Stage for Future Production

Retrieved on: 
Lundi, avril 22, 2024

With the Lease, the size of the Copper Mountain Uranium Project increases by 320 acres from 3,886 to 4,206 acres.

Key Points: 
  • With the Lease, the size of the Copper Mountain Uranium Project increases by 320 acres from 3,886 to 4,206 acres.
  • To view an enhanced version of this graphic, please visit:
    Under the Lease, Myriad has paid Diamond X a US$5,000 signing bonus and the first-year property lease payment of US$8,000 (US$25 per acre).
  • Uranium produced from areas where Diamond X holds both surface and mineral rights will attract a flat 3% royalty on net returns.
  • A more thorough review of any available original data will be undertaken and reported on in more detail in future releases.

Guided by Historical Data Trove, Myriad Acquires the 'Midnight Prospect' at Copper Mountain

Retrieved on: 
Lundi, avril 15, 2024

In a recent news release we discussed 82 historical boreholes at the "High Grade Area" within the Canning Deposit at Copper Mountain.

Key Points: 
  • In a recent news release we discussed 82 historical boreholes at the "High Grade Area" within the Canning Deposit at Copper Mountain.
  • It is based on the Qualified Person's initial review of historical reports which were recently obtained by the Company.
  • However, the information did not include original data such as drilling records, sampling, analytical or test data underlying the information or opinions contained in the written documents.
  • A more thorough review of any available original data will be undertaken and reported on in more detail in future releases.

Genco Shipping & Trading Limited Files Definitive Proxy Materials and Mails Letter to Shareholders

Retrieved on: 
Mardi, avril 16, 2024

NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has filed its definitive proxy materials with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the Company’s 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”), scheduled to be held on May 23, 2024. Shareholders of record as of March 28, 2024, will be entitled to vote at the meeting.

Key Points: 
  • The Genco Board unanimously concluded that he would not be additive to our already strong, focused and experienced Board.
  • The full text of the letter follows:
    We are reaching out because we want your vote “FOR" Genco’s director nominees at the upcoming Annual Meeting of Shareholders.
  • Through our Comprehensive Value Strategy, we have distributed sizeable dividends to shareholders, significantly reduced our debt and grown and modernized our fleet.
  • At the same time, we have taken important steps to uniquely position Genco to drive returns through volatile drybulk shipping market cycles.

Union Pacific Honors Companies for Safe Chemical Transportation

Retrieved on: 
Mardi, avril 30, 2024

Union Pacific Railroad today announced that 137 companies are winners of the 2023 Pinnacle Award for their dedication and commitment to safely transporting chemicals by rail.

Key Points: 
  • Union Pacific Railroad today announced that 137 companies are winners of the 2023 Pinnacle Award for their dedication and commitment to safely transporting chemicals by rail.
  • The annual award honors customers who implement release prevention protocols, corrective action plans and have zero non-accident releases of regulated hazardous materials shipments.
  • “Our customers share our commitment to the safe transportation of chemicals, and we have a collaborative goal of protecting the environment and communities along our rail network.”
    Union Pacific shares the same target as these companies to deliver every tank car safely.
  • Hazmat teams are located regionally across Union Pacific’s network with a four-prong mission: Prevention, Preparedness, Response and Recovery.

Union Pacific Highlights Commitment to Safety, Community and Sustainability in 2023 Building America Report

Retrieved on: 
Lundi, avril 29, 2024

Union Pacific Railroad today released its annual Building America Report, highlighting progress on key goals, including safety and sustainability, as well as the development and testing of a new cutting-edge hybrid battery-electric locomotive.

Key Points: 
  • Union Pacific Railroad today released its annual Building America Report, highlighting progress on key goals, including safety and sustainability, as well as the development and testing of a new cutting-edge hybrid battery-electric locomotive.
  • A key highlight in the report was Union Pacific’s partnership with ZTR, a leading rail technology company, to design and build hybrid-electric locomotives.
  • Union Pacific also improved on key safety metrics in 2023, underscoring its comprehensive and enhanced approach to safety.
  • Now fully comprehensive, the Building America Report will be released biennially, with a separate data supplement published annually.

Tivoli Midstream Acquires Strategic Texas Gulf Coast Terminal Assets

Retrieved on: 
Lundi, avril 29, 2024

Tivoli Midstream LLC (“Tivoli”), today announced the closing of an acquisition of strategic terminal and infrastructure assets located in the Gulf Coast of Texas in Brazoria County (the “Chocolate Bayou Assets”) from affiliates of Ascend Performance Materials, LLC (“Ascend”).

Key Points: 
  • Tivoli Midstream LLC (“Tivoli”), today announced the closing of an acquisition of strategic terminal and infrastructure assets located in the Gulf Coast of Texas in Brazoria County (the “Chocolate Bayou Assets”) from affiliates of Ascend Performance Materials, LLC (“Ascend”).
  • Tivoli is led by industry veterans with over 70 years of combined experience leading midstream and infrastructure organizations globally, including considerable experience in the Gulf Coast.
  • “With our acquisition of the Chocolate Bayou Assets, we are excited to create a leading Gulf Coast infrastructure hub,” said Rance Fromme, President of Tivoli.
  • “We have significant history operating in the Gulf Coast and have long been impressed by the quality, scale, and diversity of the Chocolate Bayou Assets.