Union Pacific Profit Narrowly Tops Estimates
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April 25 (Reuters) - Railroad operator Union Pacific (UNP.N), opens new tab said it will restart share repurchases in the second quarter as it beat Wall Street estimates for first-quarter results on Thursday, with strong pricing and productivity gains ...
Union Pacific, a titan in the American railroad industry, is a company with a storied history. Established in 1862 as part of the Pacific Railway Act signed by President Abraham Lincoln, the company was instrumental in building the First Transcontinental ...
Union Pacific currently has a market value of about $140 billion, while Norfolk Southern is valued at around $60 billion. Following news of the negotiations, shares of Norfolk Southern rose by 4% in after-hours trading, while Union Pacific’s stock fell ...
NEW YORK, Aug 26 (Reuters) - Two major rail operators have taken themselves out of the merger game that has gripped the industry for the past month, reshaping the competitive landscape and raising the regulatory stakes for Union Pacific's (UNP.N), opens ...
Union Pacific said Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create the country’s first coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the US. If approved, the deal ...
Union Pacific missed Wall Street estimates for the quarter. The underlying business is growing more efficient, but the railroad is facing a tough macro environment. The railroad's results fell short of expectations. Union Pacific is one of two primary ...
Union Pacific made history on Jan. 6, 2024, when we became the first Class I railroad to modernize the “big three” core operating platforms: Positive Train Control (PTC), Computer-Aided Dispatch (CADx) and Transportation Management (NetControl). I’ve heard the cutover likened to a heart transplant, and it’s a fitting description.