HUTCHINSON, Kan. — The quarterly earnings parade kicks off again on Thursday when Union Pacific releases its first-quarter earnings.
The nation's largest railroad had a strong ending to the year financially despite the challenges from declining car loads and the pandemic. A more streamlined operation and lower fuel prices allowed UP to post adjusted fourth quarter earnings of $1.6 billion, compared with $1.4 billion in 2019.
Operating revenue of $5.1 billion was down 1% in fourth quarter 2020 compared to fourth quarter 2019.
Union Pacific operates about 25 trains per day through Reno County and is in the middle of a major renovation project in the Whiteside area. That project is expected to last through the summer.
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