Edward Jones analyst Jeff Windau said in a research note that even while hauling more less-profitable freight and dealing with reduced fuel surcharges, Union Pacific managed to improve several key operating measures.
Profit of Union Pacific grows 9% as the railroad delivers more but results fall short of Wall Street
→
Windau said the trucking industry currently has a lot of excess capacity and might be able to make up some of the railroads' shipping volumes, but, “You're not going to be able to replace all of that with trucking.”
Work stoppage at Canada's two largest railroads could disrupt U.S. supply chain next week
→
