Thursday, April 21, 2016

Union Pacific Profit Falls on Weak Freight Demand

http://www.wsj.com/articles/union-pacific-profit-falls-on-weak-freight-demand-1461242385


The company’s performance was hurt by big declines in energy-related businesses, particularly coal, and oil and natural gas shale fracking sand, which shrunk 34% and 49%, respectively in the quarter. Industrial products were down 10%.

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