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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 ...
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% ...
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]
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.
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 ...
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 ...
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 ...