{"id":15084,"date":"2024-02-26T11:36:53","date_gmt":"2024-02-26T01:36:53","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=15084"},"modified":"2024-02-26T11:36:53","modified_gmt":"2024-02-26T01:36:53","slug":"union-pacific-invest-3-4-billion-for-safe-operations-and-customer-growth","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=15084","title":{"rendered":"Union Pacific invest $3.4 billion for safe operations and customer growth"},"content":{"rendered":"

Union Pacific<\/a> plans to invest $3.4 billion in 2024 to support safe operations, renew assets and grow with customers. That\u2019s the equivalent of spending more than $9 million every day to make the railroad safer and generate economic and supply chain activity across its 23-state footprint, boosting local, regional and the national economy.<\/p>\n

An estimated 56% of the capital plan, or $1.9 billion will go toward upgrading and replacing infrastructure, such as rail, ties, and ballasts, along with $0.6 billion toward locomotives and equipment.<\/p>\n

\u201cWe invest to keep our railroad and employees safe, and we will never compromise on that,\u201d said CEO Jim Vena. \u201cWe also spend capital dollars to provide a quality service product, and strong service, creating a winning environment for our customers.\u201d<\/p>\n

Union Pacific<\/a> will continue to\u00a0modernise the locomotive fleet, upgrading older core units. The plan also includes targeted freight car acquisitions to support replacement and growth opportunities.<\/p>\n

In addition, they are investing in capacity and technology projects across our network, such as siding extensions, to increase capacity, improve productivity and operational efficiency.<\/p>\n

The railroad also will continue to expand its intermodal footprint, supporting business development in targeted, high growth areas, such as Southern California,\u00a0Phoenix<\/a>, and Kansas City.<\/p>\n

\n

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Union Pacific plans to invest $3.4 billion in 2024 to support safe operations, renew assets and grow with customers. That\u2019s the equivalent of spending more […]<\/p>\n","protected":false},"author":0,"featured_media":15085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[32,47,488],"tags":[],"class_list":["post-15084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-opinion","category-rail-news","category-railway-stations"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t