by slchub
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?
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?