Union Pacific 4Q Earnings Up 64 Percent

OMAHA, Neb. -- Union Pacific Corp., the nation's largest railroad operator, reported a 64 percent jump in fourth-quarter net income Thursday because of greater efficiencies and strong demand for the coal and agricultural products it ships.

The Omaha-based railroad said it earned $485 million, or $1.78 per share, during the quarter that ended Dec. 31. That's up from last year's $296 million, or $1.10 per share.

Meanwhile, the TE&Y employees have suffered cut-offs, lower pay due to trip rate implementation and carrier regulation of pools/extra boards, widespread denial of valid claims, denial of paid personal and vacation time and the expectation to do more for less. I wonder what is next?

Omaha, Neb. ~~Union Pacific Corp: The beatings will continue, until morale improves......... Thanks for shipping Union Pacific. "We Will Deliver" (a week, from next friday........ )

slchub wrote:OMAHA, Neb. -- Union Pacific Corp., the nation's largest railroad operator, reported a 64 percent jump in fourth-quarter net income Thursday because of greater efficiencies and strong demand for the coal and agricultural products it ships.

The Omaha-based railroad said it earned $485 million, or $1.78 per share, during the quarter that ended Dec. 31. That's up from last year's $296 million, or $1.10 per share.

Meanwhile, the TE&Y employees have suffered cut-offs, lower pay due to trip rate implementation and carrier regulation of pools/extra boards, widespread denial of valid claims, denial of paid personal and vacation time and the expectation to do more for less. I wonder what is next?

Thats why their numbers are so good.Next? More layoffs, even lower pay on trip rates, denial on ALL claims, no personal or vacation days, do even more for even less and hammering the final death nail for the thru freight conductor.