Union Pacific’s $1B Locomotive Investment: Future Rail Advancements

Union Pacific is investing $1 billion in 300 new Evolution Series locomotives from GE Transportation, arriving through 2025. This boosts efficiency and modernizes their fleet.

Union Pacific’s $1B Locomotive Investment: Future Rail Advancements
February 2, 2017 5:19 pm

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Introduction

In December 2023, Union Pacific Railroad announced its acquisition of 300 new Evolution Series locomotives from GE Transportation. The locomotives will be delivered throughout 2024 and into 2025.

Locomotive Acquisition

Union Pacific Railroad is purchasing 300 new locomotives. These locomotives are of the Evolution Series and will be supplied by GE Transportation. The delivery schedule spans from 2024 to 2025.

Financial Aspects

The total investment for the 300 locomotives amounts to $1 billion. This expenditure is part of Union Pacific’s ongoing efforts to modernize its fleet and improve operational efficiency. No further financial details are provided in the source material.

Operational Impact

The new locomotives are expected to enhance Union Pacific’s operational capabilities. Details on specific routes or operational areas where these locomotives will be deployed are not included in this report.

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Company Summary

Union Pacific Railroad: Union Pacific Railroad is a major freight-hauling railroad in the United States. It operates approximately 32,400 route miles across 23 states west of Chicago.

GE Transportation: GE Transportation, now part of Wabtec, was a manufacturer of railway and transportation equipment, including locomotives.

Conclusion

Union Pacific Railroad is investing $1 billion in 300 new Evolution Series locomotives from GE Transportation, with deliveries scheduled for 2024 and 2025. This investment aims to modernize the railroad’s fleet.

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