In the magazine's annual "World's Most Admired" list, UP ranked No. 1 in seven of nine reputation attributes: people management; use of corporate assets; social responsibility; management quality; financial soundness; long-term investment; and quality of products/services. The Class I ranked fourth in innovation and global competitiveness.
"We are absolutely focused on creating value for our customers," said UP President and Chief Executive Officer Jack Koraleski in a press release. "After 150 years in business, 2012 was a record financial year, employee safety performance was the best ever and our customer satisfaction score reached an all-time high."
The most admired list of trucking, transportation and logistics companies also includes CSX Corp.
Meanwhile, CSX announced yesterday that it won a U.S. Environmental Protection Agency (EPA) 2013 Climate Leadership Award in the Goal Achievement category. The award recognizes the Class I's voluntary goal to reduce greenhouse-gas (GHG) emissions by 8 percent since 2007.
CSX was the first transportation company to become a partner in the EPA's Climate Leaders Program and reached its voluntary emissions-reduction goal in 2010, one year ahead of schedule, CSX officials said in a press release. The railroad reduced greenhouse-gas emissions by 1.5 million metric tons — the equivalent of removing 296,000 cars from roads for one year, they said. Last year, CSX announced a goal to further reduce emissions an additional 6 percent to 8 percent by 2020.
Employee training and the adoption of new technologies are key drivers in the Class I's efforts to reduce emissions. CSX has invested more than $1.75 billion over the past decade on various training and fuel-saving locomotive technologies.
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