Union Pacific - UNP STOCK NEWS

Union Pacific Railroad has partnered with Safe Kids Worldwide and the animated series 'Chuggington' to promote rail safety during National Rail Safety Week. This initiative highlights critical safety messages, including the dangers of walking near tracks, the importance of crossing at designated areas, and the necessity of waiting for trains to pass. Additionally, free educational resources are available for families and educators. The partnership aims to reduce the alarming statistic that a child is killed every five days in train collisions.

Union Pacific Corporation (NYSE: UNP) announced a $600 million green bond offering finalized on Sept. 9, 2022. The funds will support investments to achieve significant GHG emissions reduction targets: 26% by 2030 from a 2018 baseline and net zero by 2050. Key initiatives include new battery-electric locomotives and modernizations to enhance fuel efficiency. The company emphasizes that rail transport is already a fuel-efficient option, reducing emissions by up to 75% compared to trucks. This move reflects Union Pacific's commitment to sustainability and climate action.

Union Pacific Corporation (NYSE: UNP) CEO Lance Fritz will speak at the Cowen 2022 Global Transportation & Sustainable Mobility Conference on September 7, 2022, at 8:40 a.m. ET. A live webcast of the presentation will be accessible on Union Pacific's investor relations website, followed by an audio replay. Union Pacific operates in 23 western states, serving as a vital link between customers and the global economy while promoting environmentally responsible freight transport.

Union Pacific Railroad has launched a multilingual rail safety campaign in partnership with Twin Cities Public Television. The initiative aims to educate families and educators about rail safety as students return to school. Featuring new English and Spanish multimedia materials, the campaign highlights essential safety tips, including limiting technology use, waiting for trains to pass, and obeying signs. This is the third consecutive year of collaboration, but it marks the first nationwide expansion of the program. Resources are available for download on the company's safety websites.

Union Pacific Corporation (NYSE: UNP) executives, Jennifer Hamann and Eric Gehringer, will present at the Deutsche Bank 2022 Transportation Conference on August 16, 2022, at 8 a.m. ET. The presentation will be available via a live webcast on the company's investor relations website, which will also host a replay shortly after. This engagement underscores Union Pacific's commitment to connectivity and efficiency in freight services across 23 western states, emphasizing its role in the global economy.

The Board of Directors of Union Pacific Corporation (NYSE: UNP) has declared a quarterly dividend of $1.30 per share, payable on September 30, 2022, to shareholders of record as of August 31, 2022. This marks the company's commitment, having paid dividends for 123 consecutive years, showcasing its reliability and stability in rewarding shareholders.

Union Pacific (NYSE: UNP) has signed a historic agreement with Wabtec Corporation (NYSE: WAB) for the modernization of 600 locomotives, totaling over $1 billion, the largest investment of its kind in the rail industry. This initiative aims to enhance fuel efficiency and reduce emissions by 350 tons per locomotive annually. The program supports Union Pacific's goal to achieve net zero greenhouse gas emissions by 2050 and involves recycling 70,000 tons of steel. The modernization will begin in 2023, with completion expected by 2025.

Union Pacific Celebrates 160 Years with Big Boy No. 4014 Tour

Union Pacific's Big Boy No. 4014 will tour from Cheyenne, Wyoming, to Denver, Colorado, starting July 28, 2022, showcasing the company's 160th anniversary. Despite plans for a longer West Coast tour being canceled due to supply chain challenges, the locomotive will be on display at Union Station on July 29, 2022. A special passenger trip is scheduled for July 30, 2022, as part of a fundraising effort for the Union Pacific Museum. Notably, No. 4014 remains the only fully operational Big Boy locomotive from the original 25 built during WWII.

Union Pacific Corporation (NYSE: UNP) reported second quarter 2022 net income of $1.8 billion, or $2.93 per diluted share, up from $2.72 a year earlier. Operating revenue reached $6.3 billion, a 14% increase driven by higher fuel surcharge revenue and core pricing gains, despite a 1% decline in carloads. Operating income rose by 1% to $2.5 billion, but the operating ratio worsened to 60.2%, impacted by high fuel prices. The company expects a 4% to 5% growth in carloads for the full year and a target operating ratio around 58% as it navigates cost pressures and seeks volume growth in the second half of 2022.