OMAHA, Neb. — Union Pacific revenue and profits declined in the third quarter as the railroad’s efficiency gains and cost-cutting were not enough to offset an 8% decline in traffic volume. Operating income declined 2%, to $2.2 billion, as revenue sank 7%, to $5.5 billion. Net income also fell 2%, to $1.5 billion. Earnings per […]
Union Pacific profits, revenue decline but operating ratio hits new record NEWSWIRE
