Union Pacific undermined regulators' efforts to assess safety, U.S. agency says [Globe and Mail, The (Toronto, Canada)]
Union Pacific Corporation (UNP)
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Source: Globe and Mail, The
“The steps we took were intended to help, not hinder, and were taken to educate and prepare our team for the assessment ethically and compliantly,” Union Pacific President Beth Whited said in a response letter to the FRA on Tuesday. “We apologize for any confusion those efforts caused.” Last year, the FRA found a slew of defects in Union Pacific's locomotives and railcars after sending out a team of inspectors, and the agency is still working to nail down what caused a railcar to explode in the railroad's massive rail yard in western Nebraska. Democratic Ohio Sen. Sherrod Brown, who cosponsored the bipartisan railroad safety bill after the East Palestine derailment, called Union Pacific's meddling “unacceptable.” “The big railroads keep fighting efforts to improve safety,” Brown said. “We need much stronger tools to stop railroad executives from putting their own profits and greed ahead of basic safety.” Brown pledged to fight for a vote in the Senate soon on the bill that wo
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UNP
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- 4/25/24 - Beat
UNP
Sec Filings
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- UNP's page on the SEC website