Union Pacific 3Q 2013 profit rises 10 percent over 2012
(Source: Associated Press, October 17, 2013)
OMAHA, Neb. — Union Pacific says its third-quarter profit rose 10 percent as higher shipping rates helped the railroad offset flat volume overall and last month's flooding in Colorado that disrupted traffic. The railroad reported net income of $1.15 billion, or $2.48 per share, in the quarter ended Sept. 30. That's up from $1.04 billion, or $2.19 per share, a year ago. Its revenue grew 4 percent to $5.6 billion.
Full story: Kentucky.com
Thursday, October 17, 2013
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