Union Pacific Commemorates Presidents Day with Special Locomotive

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Union Pacific Railroad (NYSE: UNP) marked Presidents Day with the unveiling of a new locomotive dedicated to President Abraham Lincoln, who signed the Pacific Railway Act of 1862, launching the construction of the transcontinental railroad. This event honors a key figure in American history and highlights the lasting impact of railroads on the U.S. economy and infrastructure.

Jim Vena, CEO of Union Pacific, emphasized the ongoing importance of railroads in America’s development, stating, “America’s history is Union Pacific’s history.” He noted that the rail industry continues to be vital to connecting the country and supporting the economy, just as it did during Lincoln’s presidency. The company invests $10 million daily in infrastructure, technology, and network expansion to ensure the continued delivery of safe and reliable service.

In addition to marking a historical milestone, new reporting requirements from the Surface Transportation Board (STB) mandate detailed metrics on train speeds, on-time arrivals, and terminal dwell times. Union Pacific has met these standards with an on-time arrival rate of 89% in January 2025, outperforming its main competitor, BNSF Railway, which posted 84%. With an average train speed of 24.7 mph, Union Pacific is setting high standards for service reliability among North American Class I railroads.

The company’s focus on operational efficiency includes improving terminal dwell times, which measure the time trains spend at terminals, helping to reduce cycle times and operational costs for customers. As Union Pacific moves forward in 2025, the industry will closely watch how the company adapts to economic changes and regulatory pressures while maintaining high service standards. The new STB metrics will play a key role in monitoring these efforts, ensuring that Union Pacific and its peers remain accountable to their service commitments.

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