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Union Pacific (NYSE: UNP) results fell short of expectations as the railroad works to reduce costs in a tough operating environment. Investors took the news hard, sending UNP shares down 5% as of ...
The railroad's revenue was hurt by a drop in fuel surcharge revenue as fuel prices fell. Union Pacific said it generated $6.03 billion in revenue, down slightly from last year's $6.06 billion ...
Back in 2015 before a series of cuts designed to make the railroad more efficient, Union Pacific employed 8,791. That means each maintenance worker will now have about 11 miles (17.7 kilometers ...
The Union Pacific Railroad (reporting marks UP, UPP, UPY) is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U.S. states west of Chicago and New Orleans.
Union Pacific completed the corporate spin-off of Union Pacific Resources, its hydrocarbon exploration subsidiary, in 1996. [16] [17] Anadarko Petroleum acquired Union Pacific Resources in 2000 for $4.4 billion in stock. [18] [19] [20]
Investors did not see it coming, but by 1:00 pm, the decline in the market was beginning to show. First came the gradual decline in Chicago, Burlington and Quincy Railroad (CB&Q) stock. It had been high all morning, but suddenly a sharp weakness came about. Prices of stocks such as St. Paul, Missouri Pacific, and Union Pacific began to fall ...
Union Pacific said Thursday that the result was an unanticipated 33% jump in the number of shipping containers filled with imports that it delivered in the third quarter, which helped drive a 6% ...
The railroad said it plans to invest $3.4 billion in improvements to its network and equipment this year — down from $3.7 billion last year, but investors may be disappointed that Union Pacific ...