Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Union Pacific Corporation    UNP   US9078181081

SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisionsForum 

Union Pacific Corporation : Union Pacific Railroad Invests $4 Million for Track Improvements to San Antonio Rail Line

01/24/2012| 11:20am US/Eastern
Recommend:
0

Spring, Texas, January 24, 2012- Union Pacific Railroad will continue improving the transportation infrastructure in San Antonio by investing $4 million in one of two rail lines that parallel Frio City Road. The comprehensive project will help trains move more efficiently through the west side of the city.

A new automated system will allow crews to move trains onto separate tracks without leaving their locomotive cabs to manually align track switches. Union Pacific will also add a section of track that connects the rail line from Brazos Street to Cumberland Boulevard.

The project includes the installation of 2,350 feet of rail, 1,000 railroad ties and four track switches. More than a thousand tons of rock ballast will be used to help provide a more stable roadbed. In addition, crews will renew the South Brazos Street and Pendleton Avenue grade crossings. The work is scheduled to be completed by July of 2012.

"I am pleased to see Union Pacific make this significant investment to enhance its operations in San Antonio," said District 5 Council Member David Medina. "These improvements will help decrease wait times for drivers and benefit the entire community."

Union Pacific plans to invest $3.6 billion in capital during 2012, which supports America's current and future freight transportation needs and enhances the safety and efficiency of the railroad's 32,000-mile network.  These investment projects are examples of Union Pacific's continuing efforts to improve transportation infrastructure and support its customers through strategic investments.

According to the Association of American Railroads, America's largest railroads keep pace with the top nine states in terms of highway spending, and they do it with private, not taxpayer, money. In 2010, capital spending by Class I railroads totaled $9.8 billion. All told, freight rail companies have invested $480 billion to maintain and modernize the national rail network since 1980.

Improved and additional rail capacity benefits everyone. It allows freight rail service to grow, helping to build a cleaner environment. Union Pacific can move one ton of freight nearly 500 miles on a single gallon of diesel fuel, and, according to the U.S. Environmental Protection Agency, freight trains are nearly four times more fuel efficient than trucks. Motorists also benefit from reduced congestion on highways as a single Union Pacific train can remove up to 300 trucks off our roads.

About Union Pacific

It was 150 years ago that Abraham Lincoln signed the Pacific Railway Act of July 1,1862, creating the original Union Pacific. One of America's iconic companies, today, Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP), linking 23 states in the western two-thirds of the country by rail and providing freight solutions and logistics expertise to the global supply chain. From 2000 through 2011, Union Pacific spent more than $31 billion on its network and operations, making needed investments in America's infrastructure and enhancing its ability to provide safe, reliable, fuel-efficient and environmentally responsible freight transportation. Union Pacific's diversified business mix includes Agricultural Products, Automotive, Chemicals, Energy, Industrial Products and Intermodal. The railroad serves many of the fastest-growing U.S. population centers and emphasizes excellent customer service. Union Pacific operates competitive routes from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways.

Media contact:  Raquel Espinoza at (281) 350-7771 or respinoza@up.com.

Recommend :
0
Partner Area
React to this article
 
Latest news on UNION PACIFIC CORPORATION
4d ago UNION PACIFIC CORPORATION: Union Pacific Railroad Reminds Drivers to Use Cautio..
7d ago UNION PACIFIC CORPORATION: Auburn, Calif., Awarded Membership in Union Pacific'..
7d ago UNION PACIFIC CORPORATION: Union Pacific Railroad Receives President's Award fo..
05/16 UNION PACIFIC CORPORATION: Declares Quarterly Dividend
05/15 UNION PACIFIC CORPORATION: Union Pacific Railroad's Public Safety Campaign Remi..
05/15 UNION PACIFIC CORPORATION: Union Pacific Railroad Billboard Campaign Reminds Dr..
05/14 UNION PACIFIC CORPORATION: Union Pacific Railroad Recognizes 63 Companies for C..
05/10 UNION PACIFIC CORPORATION: Hands-On Training Feature of Union Pacific's Ethanol..
05/07 UNION PACIFIC CORPORATION: Union Pacific Railroad Earns Nissan Motor Company's ..
05/02 UNION PACIFIC CORPORATION: 'Military Times EDGE' Names Union Pacific Railroad A..
Advertisement
Chart
Duration : Period :
Union Pacific Corporation Technical Analysis Chart | UNP | US9078181081 | 4-Traders
Income Statement Evolution
Union Pacific Corporation : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF
Copyright © 2013 Surperformance. All rights reserved.