- Union Pacific Railroad (UNP, Financial) and the National Conference of Firemen and Oilers (NCFO) have reached a new five-year agreement.
- This agreement enhances operational stability by ensuring safe and reliable service to customers.
- Union Pacific continues to strengthen its workforce relations, supporting long-term service commitments.
Union Pacific Railroad (UNP) has announced the ratification of a new five-year agreement with the National Conference of Firemen and Oilers (NCFO). This agreement is a significant step in maintaining operational stability and ensuring the delivery of safe and reliable services to its customers. Union Pacific CEO Jim Vena expressed gratitude towards the NCFO leadership and members, emphasizing the importance of collaboration in achieving their service goals.
The agreement is a reflection of the longstanding partnership between Union Pacific and NCFO, which benefits the company's employees, customers, and overall operations. Union Pacific, a major player in the rail industry, operates across 23 western states and prioritizes environmentally responsible freight transportation.
Union Pacific continues to expand its market presence, boasting a market capitalization of $132.64 billion, with significant institutional ownership at 82.4%. The company remains committed to fostering strong labor relationships, critical to its continued operational success.
