(Source: Freight Waves, April 22, 2021)
CHATTANOOGA, Tenn. — First-quarter net income for Union Pacific fell 9% compared with a year ago amid a 4% decline in operating revenue. Net profit was $1.3 billion, or $2 per diluted share, compared with $1.5 billion, or $2.15 per diluted share, in the first quarter of 2020. UP’s op-erating ratio (OR) rose slightly to 60.1% from 59% in the first quarter of 2020.
Full story: Freight Waves