Union Pacific

Taking steps to lower its operating ratio (OR) and reach its objective to operate a safe, reliable, and efficient railroad, Omaha, Neb.-based Class I railroad Union Pacific (UP) this week rolled out its Unified Plan 2020.

But UP CEO Fritz warns Trump initiatives on trade threaten growth prospects.

UPS and FedEx again placed 1-2 in a prestigious new international survey of the most trusted and important brands in worldwide logistics. In the fourth year of London-based Brand Finance’s valuation of logistics brands, American-based companies filled out four of the top six slots and seven in the Top 25

Given the myriad moving parts-such as economic, regulatory, or trade-based ones, among others, the current supply chain, freight transportation, and logistics markets, are moving at a rapid pace, with more than a lot going on at any given time.That was made clear in a CEO panel featuring YRC CEO James Welch and Jason Hess, vice president and general manager premium at Union Pacific.

Company officials said that this 2,200-acre site will connect businesses to strategic markets in the Southwestern United States and beyond, adding it will provide logistics gains for shippers along its Sunset Line, which runs 760 miles from El Paso, Texas to Los Angeles.

UP said this service will focus on growing transportation needs for the automotive manufacturing and intermodal markets, as the automotive industry continues to rebound and shift production to North America.

In an effort to have closer proximity to one of the biggest technology regions of the United States, Class I railroad carrier Union Pacific said this week that it has opened up an Austin, Texas-based information technology center.

Earlier today, Class I railroad carrier Union Pacific reported that Chairman, President and CEO James R. Young is taking a medical leave of absence while being treated for pancreatic cancer.

Officials said that the contract between the companies is a long-term agreement at competitive market rates, adding that it encompasses the intermodal operations of APL, as well as those of APL Logistics’ auto-related activities in North America.

Taking steps to enhance the joint intermodal service they launched in March 2010, entitled UMAX, Class I railroad carriers Union Pacific and CSX recently announced service enhancements for this offering.

Container shipping carrier APL recently said it has made a land purchase in Joliet, Illinois to develop an intermodal container terminal. APL officials said the company purchased 43 acres of space from CenterPoint Properties within the CenterPoint Intermodal Center, the largest inland port in the United States.

In the last few days trains have begun rolling in and out of Class I railroad carrier Union Pacific’s 785-acre Joliet, Illinois Intermodal Terminal.