HUTCHINSON, Kan. — Union Pacific (UP) will release its second quarter earnings on Thursday.
The nation’s largest railroad is fighting inflation and extremely high fuel costs as the second quarter comes to a close. UP’s first quarter net income was $1.6 billion, or $2.57 per diluted share. Operating revenue was $5.9 billion up 17% and carloads increased by 4%. The positive numbers were generated by fuel surcharges and higher shipping prices.
UP operates about 25 trains per day in Reno County.
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