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Union Pacific cuts volume outlook for rest of 2019

(Source: Associated Press, September 4, 2019)

OMAHA, Neb. — Union Pacific expects to haul less freight in the second half of the year than it previously predicted, which isn’t a good sign for the economy. The Omaha, Nebraska-based railroad said Wednesday that the volume of cars, construction materials, grain and imported goods it will haul in the second half of the year will likely be down by about 5%.

Full story: www.wtop.com

Thursday, September 5, 2019

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