Union Pacific ‘fairly optimistic’ about 2017

Union Pacific has reported net income of $4·2bn in 2016, down 11% from the previous year.

USA: ‘While full-year volumes were down substantially year over year, we did see declines moderate in the fourth quarter,’ said Union Pacific Chairman, President & CEO Lance Fritz when presenting the company’s annual results on January 19. ‘As we worked through the challenges of the year, we remained focused on ...

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