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Union Pacific Railroad Donating $250,000 for Hurricane Harvey Relief
Rail Operations Update
Omaha, Neb., August 28, 2017
Union Pacific today pledged $250,000 to support Hurricane Harvey relief efforts. The funds will be provided from a variety of company donations, demonstrating the railroad's commitment to Houston and other affected railroad communities, and employees who live and work there.
The company is immediately donating $100,000 to the American Red Cross and $50,000 to Houston Mayor Sylvester Turner's Hurricane Harvey Relief Fund. Additionally, Union Pacific will match contributions to its "Friend to Friend" employee support network through Sept. 30, dollar-for-dollar, up to $100,000. The company will also match donations made to a Disaster Relief Matching Gifts Program for Hurricane Harvey, where employees can provide funding directly to American Red Cross, Salvation Army and others.
Union Pacific's Southern Region is headquartered in Houston, a major freight rail hub for Union Pacific and the transportation industry.
Throughout the relief and recovery efforts, Union Pacific is committed to maintaining its unrelenting focus on employee, community and customer safety.
Operations Update
Hurricane Harvey, downgraded Monday to Tropical Storm Harvey, continues causing heavy rain and widespread flooding in Houston and the surrounding area. The storm is predicted to persist for several more days, generating record rainfalls. A second landfall is predicted for Tuesday evening/Wednesday morning, with 50 total inches of rain expected in some areas by Friday.
As of Monday afternoon, specific impacts to Union Pacific operations include:
- Suspended rail operations along the Texas Gulf Coast from Brownsville through Corpus Christi to Houston and east to Lake Charles, Louisiana.
- Embargoes for all rail traffic destined to Gulf Coast locations and others within the Houston Service Unit. Union Pacific recommends customers consider diverting cars destined to the impacted area where feasible.
- No trains operating through flooded and storm-damaged areas.
- Conducting track inspections, where possible, in anticipation of resuming operations.
ABOUT UNION PACIFIC
Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. In the past 10 years, 2007-2016, Union Pacific invested approximately $34 billion in its network and operations to support America's transportation infrastructure. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.
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.
Media Contact
Jeff DeGraff
281-350-7771
jdegraff@up.com
@DeGraff_UP