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In an Oct. 22 story about Union Pacific Corp.'s third-quarter earnings, The Associated Press incorrectly quoted Chairman and CEO Jim Young's statement about the outlook for the railroad's shipping volume in 2010. Young's correct quote was: "I think next...
Tags: Union Pacific Corp.
Improvements it has made in on-time performance and being insulated from the slump in international travel helped Alaska Air Group post a profit for the third quarter. The Seattle-based operator of Alaska Airlines and Horizon Air said Thursday it recorded...
Neb. — Union Pacific Corp. said Thursday its first-quarter profit fell 18 percent as the railroad carried 21 percent fewer carloads, but cost-cutting pushed its results above Wall Street expectations...Union Pacific Chairman and Chief Executive Jim Young...
Tags: Union Pacific Corp., job cuts
Railroad Co. for $37 million, alleging it failed to prevent drug smuggling on its trains. The Justice Department, in two suits filed in San Diego and Houston, alleged drug-laden rail cars were brought across the U.S.-Mexican border at Calexico, Calif.,...
Union Pacific Corp. says its fourth-quarter profit jumped 35% because the railroad operator spent less on fuel, improved productivity and increased some shipping prices. The Omaha-based company said Thursday that it generated $661 million net income,...
Tags: Union Pacific Corp.
Quote , Profile , Research , Stock Buzz ) on Thursday reported a better-than-expected profit as strong pricing offset rising fuel costs, flooding in the U.S. Midwest and lower freight volumes. "Although high fuel prices and a soft economy present challenges,...
Tags: U.S. Midwest, Union Pacific Corp., Jim Young, fuel costs, rises fuel
The case involves charges by the Omaha-based railroad for coal shipped by Kansas City Power & Light Co., the Surface Transportation Board said. The utility, a unit of Great Plains Energy Inc., challenged the rates it pays to move coal from Wyoming's Powder...
Tags: Union Pacific Corp., kansas city, based railroad, city power
Thursday reported a 15 percent increase in net income for its first quarter despite flat volume, driven by higher prices for its freight rail service and greater recovery from customers of its increasing diesel fuel costs. Net income for the three months...
Tags: Union Pacific Corp., net income