Wednesday, April 7, 2010 as of 11:14 AM ET
The Union Pacific Railroad, headquartered in Omaha, Nebraska, is the largest railroad network in the United States.
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Union Pacific Railroad Co.
is focused on growing its metals and automotive freight businesses as the railroad faces falling freight volumes from the energy sector, a company official said Friday.The freight volume of the railroad company's industrial-product business--which includes steel, copper and other metal products--is up 9% from a year ago, said Eric Butler, executive vice president of the unit of Union Pacific Corp. (UNP). The division's growth in freight volume was second only to automotive freight, which increased 14% from a year ago, Butler said at the American Copper Council meeting in Phoenix."We are adding 150 rail cars to our copper fleet, because we are seeing significant growth in our copper business," Butler said. In 2011, Union Pacific Railroad rehabilitated 130 gondolas with new liners to carry copper. Union Pacific is also testing new liners in rail cars for transporting copper concentrate, an unrefined form of copper ore, due to be completed next year.The railroad...TAKING THE PULSE: Railroad and trucking companies are expected to post improved results from a year earlier as mild winter weather boosted operating performance.Howe...
CSX Corp. [s; csx] shares were leading a rally in railroad stocks early Thursday, rising as much as 5% to $21.22. The move, which landed CSX among top percentage gai...
FBN's Robert Gray with news that Big Lots stock is down on the retailer's predictions for a weaker-than-expected first quarter, and Union Pacific's CEO Jim Young is taking a medical leave of absence.
FBN's Cheryl Casone on Union Pacific's stock performance.
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Union Pacific Corp. (UNP) Chief Executive James R. Young, who has led the biggest U.S. railroad over a six-year period in which its stock price has more than doubled...
James Young will take a medical leave of absence as Union Pacific ’s (NYSE:UNP) chief executive while he is treated for recently diagnosed pancreatic cancer. He wil...
DOW JONES NEWSWIRESUnion Pacific Corp. (UNP) said James R. Young will take a medical leave of absence from his responsibilities as president and chief executive whil...
Union Pacific Corp. said James Young will take a medical leave as chief executive officer of the railroad while he is being treated for recently-diagnosed pancreatic...
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PALM BEACH, Fla. -( Dow Jones )- The head of Burlington Northern Santa Fe said Monday that the U.S. economy is growing at a "modest" pace and the railroad will add j...
A few stocks are down on high volume today:Apple (NASDAQ:AAPL) was down on high volume, trading with volume of 25.4 million, or 1.6 its average daily volume. Shares ...
The Obama administration has relaxed some rules requiring new collision-avoidance technology for freight and passenger trains, although the changes are unlikely to h...
Weekend With Warren: John Freund, Warren Buffett’s broker, on Buffett’s move to invest in technology stocks for the first time.
FBN’s Sandra Smith with what investors should consider buying to be proactive this earnings season.
Union Pacific Corp.'s (UNP) first-quarter earnings climbed 35% from the year-ago period and surpassed Wall Street's forecasts, as it continued to boost prices and be...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
DOW JONES NEWSWIRESUnion Pacific Corp.'s (UNP) first-quarter earnings rose 35% as the railroad booked better-than-expected revenue with help from its growing industr...
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