New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 17, 2014
15:08 EDTUNPUnion Pacific increases frequency of two intermodal services
In support of its customers' growing needs for truck-competitive service between western U.S. markets and Chicago, the country's primary transportation interchange point, Union Pacific recently has increased the frequency of two intermodal services: Portland-Chicago and Northern California-Chicago. Both are part of Union Pacific's top-tier "premium" intermodal service, with four-day delivery in the morning. This service enhancement gives customers access to Union Pacific's extensive rail network, which is made possible in part by the company's significant capital investments, including a record $4.1B in 2014.
News For UNP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 4, 2015
07:18 EDTUNPStifel downgraded L.B. Foster following lawsuit by customer
Subscribe for More Information
March 3, 2015
11:15 EDTUNPUnion Pacific CFO sees FY15 carload volumes positive y/y
11:14 EDTUNPUnion Pacific sees Q1 volumes flat to slightly down y/y
Subscribe for More Information
07:18 EDTUNPJPMorgan to hold a conference
Subscribe for More Information
February 23, 2015
09:59 EDTUNPOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:11 EDTUNPUnion Pacific initiated with a Neutral at JPMorgan
Target $128.
February 22, 2015
13:45 EDTUNPCanada introduces legislation to enhance crude-by-rail safety, accountability
The Honourable Lisa Raitt, Minister of Transport, introduced legislation in the House of Commons that will enhance railway safety and make the rail industry and crude oil shippers more accountable to Canadians. The new Safe and Accountable Rail Act proposes amendments to the Canada Transportation Act and Railway Safety Act. Changes include a new liability and compensation regime for federally regulated railways, including minimum insurance requirements; a compensation fund financed by levies on crude oil shippers; increased information-sharing provisions; and stronger oversight powers for the Minister and Transport Canada inspectors. The new liability and compensation regime will be consistent with those the Government has introduced for other modes of transport, such as marine tankers and oil pipelines. It is based on the “polluter pays” principle and makes railways and shippers responsible for the cost of accidents, protecting taxpayers and communities by ensuring that adequate resources are available for compensation if an accident were to occur. Proposed amendments to the Railway Safety Act will broaden the powers of the Minister and inspectors to order railway companies and others to take specified measures or stop any activity deemed necessary for safe railway operations. The proposed amendments will also create new regulation- making powers requiring railway companies to share information with municipalities. These changes are part of the Government’s commitment to strengthen oversight and increase collaboration between communities and the rail industry, addressing issues raised in the Transportation Safety Board’s final report on the Lac-Mégantic derailment as well as concerns of the Federation of Canadian Municipalities. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Genesee & Wyoming (GWR), Kansas City Southern (KSU), Norfolk Southern (NSC) and Union Pacific (UNP). Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use