Union Pacific Railroad

Savage Tooele Railroad Line in Utah Wins Surface Transportation Board Approval

Retrieved on: 
Wednesday, April 3, 2024
Longevity, STR, STB, Union Pacific Railroad, Environmental impact assessment, Transport, Savage, Surface Transportation Board, Environmental analysis, Rail transport by country, Line, Rehabilitation

SALT LAKE CITY, April 03, 2024 (GLOBE NEWSWIRE) -- The Surface Transportation Board (STB) has granted Savage Tooele Railroad Company (STR) the authority to build and operate approximately 11 miles of rail line in Tooele County, Utah, including the rehabilitation of existing track.

Key Points: 
  • SALT LAKE CITY, April 03, 2024 (GLOBE NEWSWIRE) -- The Surface Transportation Board (STB) has granted Savage Tooele Railroad Company (STR) the authority to build and operate approximately 11 miles of rail line in Tooele County, Utah, including the rehabilitation of existing track.
  • The STR rail line will connect to Union Pacific Railroad for tenants of the Lakeview Business Park in Grantsville, Utah, linking supply chains and providing an alternative to truck-only transportation with a more environmentally-friendly option.
  • STR is one of the only new railroads approved in the U.S. this year and one of the first railroads owned and operated by a Utah-headquartered company in the state’s history.
  • “I want to congratulate Savage Tooele Railroad on the approval of their Tooele Valley rail project by the Surface Transportation Board,” said Utah Governor Spencer J. Cox.

MMEX Resources Corporation (OTCPK: MMEX), a leading clean energy company, has achieved several new milestones to bring clean hydrogen to the market.

Retrieved on: 
Thursday, March 14, 2024
Growth, Union Pacific Railroad, Siemens Energy, CO2, Project, Port, Electrolysis, Oil

Fort Stockton, Texas, March 14, 2024 (GLOBE NEWSWIRE) -- MMEX Resources Corporation (OTCPK: MMEX), a development stage clean energy company, has achieved several new milestones in its quest to bring low carbon-intensity hydrogen to the market. The company is advancing the off-takes for its two principal hydrogen projects. In its latest shareholder update, MMEX Resources provides details on its progress in the green and blue hydrogen space and updates on its projects and partnerships.

Key Points: 
  • Fort Stockton, Texas, March 14, 2024 (GLOBE NEWSWIRE) -- MMEX Resources Corporation (OTCPK: MMEX), a development stage clean energy company, has achieved several new milestones in its quest to bring low carbon-intensity hydrogen to the market.
  • In its latest shareholder update, MMEX Resources provides details on its progress in the green and blue hydrogen space and updates on its projects and partnerships.
  • To learn more about MMEX Resources' hydrogen projects and its project technology partners, you can access the Projects Summary on the company's website.
  • MMEX Resources remains committed to bringing clean hydrogen to the market and is excited about the progress it has made so far.

MHX Expands Operations to Phoenix, AZ, Strengthening West Coast Presence to Support Customer Growth in New Markets

Retrieved on: 
Tuesday, April 2, 2024
Union Pacific Railroad, MHX, Growth, Transport, Safety, Rail freight transport

The new Phoenix transload site spans 108 acres and features outdoor and covered storage facilities.

Key Points: 
  • The new Phoenix transload site spans 108 acres and features outdoor and covered storage facilities.
  • Leveraging cutting-edge real-time data technology, MHX aims to deliver unparalleled rail transload services and enhance customer experiences across diverse industries.
  • "MHX is excited to expand into Phoenix, one of the fastest growing markets in the U.S., by building on the site's exceptional legacy.
  • By leveraging its operational expertise, state-of-the-art data systems, and best-in-class inventory practices, MHX aims to elevate customer service standards and drive carload growth across its expanding network.

MODE Global Announces Annual Carrier of the Year Award Winners

Retrieved on: 
Tuesday, March 12, 2024
Communication, Partnership, Union Pacific Railroad, Transport, MODE, FedEx, XPO, Cargo

DALLAS, March 12, 2024 /PRNewswire/ -- MODE Global, a leading third-party logistics (3PL) firm, is proud to recognize its most valued carriers through its annual carrier awards program.

Key Points: 
  • DALLAS, March 12, 2024 /PRNewswire/ -- MODE Global, a leading third-party logistics (3PL) firm, is proud to recognize its most valued carriers through its annual carrier awards program.
  • The MODE Global annual carrier awards program underscores the pivotal role carriers play.
  • Awards are given across multiple categories to recognize the invaluable contributions and time-tested relationships MODE has established with its carriers.
  • The MODE Global annual carrier awards program underscores the pivotal role carriers play in MODE's enterprise operations, commitment to service quality and setting a high standard for industry performance.

Myriad Uranium Announces Addition of Highly Prospective Target Area Revealed by Historic Data Trove, Increases Wyoming Land Position by 41%

Retrieved on: 
Monday, February 26, 2024
Neutron, Acquisition, Knob, Uranium, Encore, News, Union Pacific Railroad, Qualified person (European Union), National instrument, Human body temperature, SCI, Uranium mining

The area is now part of the Copper Mountain Project, in which Myriad holds a 75% earnable interest.

Key Points: 
  • The area is now part of the Copper Mountain Project, in which Myriad holds a 75% earnable interest.
  • The identification and acquisition of the Knob claims is a result of Myriad's ongoing review of proprietary paper-based historical data sets.
  • The Knob target areas' mineralisation is understood to be in a flat-lying zone of fracturing within the host granite.
  • It is expected that the historical data trove will continue to allow Myriad to add high-potential prospects to the project.

Fiserv Appoints Lance Fritz to Board of Directors

Retrieved on: 
Monday, February 19, 2024
Technology, Payments, Finance, Fintech, Banking, Professional Services, Digital Cash Management, Digital Assets, Software, Data Management, Marketing, The Business Council, Union Pacific Railroad, Retirement, Parker Hannifin, Union Pacific Corporation, General Electric, Cooper Industries, Management

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced the appointment of Lance Fritz to its board of directors.

Key Points: 
  • Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced the appointment of Lance Fritz to its board of directors.
  • Fritz served as chairman, president and chief executive officer of Union Pacific Corporation from 2015 until his retirement in 2023.
  • He currently serves as a member of the board of directors of Parker-Hannifin Corporation and The Business Council.
  • “Lance is a welcome addition to our board,” said Frank Bisignano, Chairman of the Board of Directors of Fiserv.

Union Pacific Corporation CEO Jim Vena and CFO Jennifer Hamann to Address the J.P. Morgan 2024 Industrials Conference

Retrieved on: 
Wednesday, March 6, 2024
Vena, Union Pacific Railroad, UNP, Union Pacific Corporation, Conference

OMAHA, Neb., March 6, 2024 /PRNewswire/ -- Jim Vena, chief executive officer, and Jennifer Hamann, executive vice president and chief financial officer, of Union Pacific Corporation (NYSE: UNP) will address the J.P. Morgan 2024 Industrials Conference on Wednesday, March 13, 2024, at 8 a.m.

Key Points: 
  • OMAHA, Neb., March 6, 2024 /PRNewswire/ -- Jim Vena, chief executive officer, and Jennifer Hamann, executive vice president and chief financial officer, of Union Pacific Corporation (NYSE: UNP) will address the J.P. Morgan 2024 Industrials Conference on Wednesday, March 13, 2024, at 8 a.m.
  • ET.
  • A live webcast of the presentation will be available in the investor relations section of Union Pacific's website at www.up.com/investor .
  • A replay of the audio webcast will be available shortly thereafter.

C&K Trucking Expands to the West Coast with New Locations

Retrieved on: 
Monday, March 4, 2024
I-5, Port, News, Natural gas, Pacific Green, McShane, Union Pacific Railroad, I-405, Carbon, RNG, Intermodal freight transport

CHICAGO HEIGHTS, Ill., March 4, 2024 /PRNewswire-PRWeb/ -- C&K Trucking, a nationwide drayage trucking company serving importers and shippers, announces the opening of two new terminals to serve the West Coast: Los Angeles and Seattle. The expansion is made possible with increased chassis and contractor capacity from Pacific Green Trucking, which C&K Trucking acquired in late 2023.

Key Points: 
  • CHICAGO HEIGHTS, Ill., March 4, 2024 /PRNewswire-PRWeb/ -- C&K Trucking, a nationwide drayage trucking company serving importers and shippers, announces the opening of two new terminals to serve the West Coast: Los Angeles and Seattle.
  • The expansion is made possible with increased chassis and contractor capacity from Pacific Green Trucking , which C&K Trucking acquired in late 2023.
  • "With our added infrastructure, we can expedite drayage from the ports to the rail ramps or to the distribution centers on the west coast."
  • --President Sean McShane, C&K Holdings
    "This is great news for anyone who needs drayage operations on the West Coast," said Sean McShane , president of C&K Holdings.

Union Pacific Corporation CEO Jim Vena and CFO Jennifer Hamann to Address the Barclays 2024 Industrial Select Conference

Retrieved on: 
Wednesday, February 14, 2024
Union Pacific Railroad, UNP, Barclays, Union Pacific Corporation, Conference

OMAHA, Neb., Feb. 14, 2024 /PRNewswire/ -- Jim Vena, chief executive officer, and Jennifer Hamann, executive vice president and chief financial officer, of Union Pacific Corporation (NYSE: UNP) will address the Barclays 2024 Industrial Select Conference on Wednesday, Feb. 21, 2024, at 8 a.m.

Key Points: 
  • OMAHA, Neb., Feb. 14, 2024 /PRNewswire/ -- Jim Vena, chief executive officer, and Jennifer Hamann, executive vice president and chief financial officer, of Union Pacific Corporation (NYSE: UNP) will address the Barclays 2024 Industrial Select Conference on Wednesday, Feb. 21, 2024, at 8 a.m.
  • ET.
  • A live webcast of the presentation will be available in the investor relations section of Union Pacific's website at www.up.com/investor .
  • A replay of the audio webcast will be available shortly thereafter.

Alameda Corridor Transportation Authority Announces Sale of Approximately $216.2 Million Revenue Refunding Bonds

Retrieved on: 
Wednesday, February 7, 2024
Other Transport, Rail, Maritime, Logistics, Supply Chain Management, Transport, Partnership, ACTA, PFM, City, Union Pacific Railroad, BNSF Railway, Corridor, Disclosure, BNSF, Nixon Peabody, RBC Capital Markets, Goldman Sachs, Sale, Movement, Security (finance)

On February 6th, the Alameda Corridor Transportation Authority (ACTA) closed over $216 million in revenue refunding bonds to refinance and restructure ACTA’s debt.

Key Points: 
  • On February 6th, the Alameda Corridor Transportation Authority (ACTA) closed over $216 million in revenue refunding bonds to refinance and restructure ACTA’s debt.
  • The sale of these bonds will allow ACTA to reshape its debt service profile to avoid certain projected debt service shortfalls and match anticipated revenue growth.
  • On January 23rd, the Alameda Corridor Transportation Authority priced $41.2 million aggregate principal amount of its Tax-Exempt Senior Lien Revenue Refunding Bonds, $10.9 million aggregate principal amount of its Taxable Senior Lien Revenue Refunding Bonds, $29.7 million aggregate principal amount of its Tax-Exempt Subordinate Lien Revenue Refunding Bonds and $134.6 million aggregate principal amount of its Taxable Subordinate Lien Revenue Refunding Bonds, for a total of approximately $216 million.
  • Revenue from Union Pacific and BNSF pay, among other things, debt service on ACTA’s revenue bonds.