Union Pacific posts bigger profit on automobiles, chemicals
(Source: Reuters, October 17, 2013)
NEW YORK — Union Pacific Corp said on Thursday that it expected its freight rates to rise more slowly in 2014 than this year, sending its shares down more than 3 percent. The U.S. railroad posted higher third-quarter revenue as it raised rates by an average of 3.5 percent, but overall volume was flat.
Full story: MSN
Friday, October 18, 2013
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