{"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":"<p><a href=\"https:\/\/www.up.com\/index.htm\">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<p>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<p>\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<p><a href=\"https:\/\/www.up.com\/index.htm\">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<p>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<p>The railroad also will continue to expand its intermodal footprint, supporting business development in targeted, high growth areas, such as Southern California,\u00a0<a href=\"https:\/\/www.up.com\/aboutup\/community\/inside_track\/phoenix-intermodal-terminal-it-240207.htm\" target=\"\" rel=\"noopener\">Phoenix<\/a>, and Kansas City.<\/p>\n<div class=\"box\">\n<p><strong>More Like This<\/strong><\/p>\n<h3><a href=\"https:\/\/www.globalrailwayreview.com\/news\/164479\/lumo-passengers\/\">Passengers power equivalent of 7,500 homes annually by choosing Lumo<\/a><\/h3>\n<h3><a href=\"https:\/\/www.globalrailwayreview.com\/news\/164217\/ltg-cargo-estonia\/\">LTG Cargo has completed its first test run through Latvia to Estonia<\/a><\/h3>\n<h3><a href=\"https:\/\/www.globalrailwayreview.com\/news\/164047\/caledonian-sleeper\/\">Caledonian Sleeper opens exclusive Guest Lounge at London Euston Station<\/a><\/h3>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/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":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/15084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15084"}],"version-history":[{"count":0,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/15084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/media\/15085"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}