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Union Pacific Transfers Local Service in Eugene, Oregon, to Genesee & Wyoming's Central Oregon & Pacific Railroad

Union Pacific ·  Dec 10 05:00

Union Pacific Transfers Local Service in Eugene, Oregon, to Genesee & Wyoming's Central Oregon & Pacific Railroad

The change is a win for both railroads and regional businesses

Omaha, Neb., December 10, 2024

Union Pacific Railroad and Genesee & Wyoming Inc. (G&W) today announced plans for G&W's Central Oregon & Pacific Railroad, Inc. (CORP) short line railroad to handle local service from Union Pacific's Eugene Yard in Oregon, enhancing customer service for local businesses and supporting regional economic growth.

The change allows Union Pacific to reduce the number of times a railcar is handled and create greater efficiencies, while providing more flexibility and agility for both railroads to meet current customer needs and anticipated growth.

"G&W has a proven track record in operational flexibility and providing excellent customer service," said Union Pacific Executive Vice President of Operations Eric Gehringer. "Those strengths, combined with Union Pacific's unmatched franchise and access to critical markets nationwide, position us to provide customers with the service we sold them and grow together."

"Union Pacific can count on CORP to operate their Eugene, Oregon, yard safely and efficiently," said G&W CEO Michael Miller. "In partnership with Union Pacific, our team is ready to deliver the customer-centric first- and last-mile rail service that customers have come to rely on from G&W railroads so that we can grow together."

Union Pacific and G&W are working with customers to ensure a smooth transition once the plan takes effect following approval from the Surface Transportation Board.

Union Pacific has been in contact with employees impacted by the change, providing information about continued employment opportunities, including potential openings at CORP or other G&W railroads. Union Pacific employees who deliver goods over longer distances will continue to work out of Eugene Yard.

About Union Pacific

Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at .

Union Pacific Media Contact: Kristen South at 402-544-3435 or kmsouth@up.com

About G&W

G&W owns or leases more than 100 freight railroads throughout North America with 4,000 employees serving 2,000 customers over more than 13,000 track miles. G&W subsidiaries and joint ventures also provide rail service at more than 30 major ports, rail-ferry service between the U.S. Southeast and Mexico, transload services, and industrial railcar switching and repair. G&W is owned by Brookfield Infrastructure Partners, L.P. and GIC.

G&W Media Contact: Tom Ciuba at 203-202-8926 or tom.ciuba@gwrr.com

The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued. Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued. Union Pacific makes no commitment, and disclaims any duty, to update any of this information.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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