LOS ANGELES (Reuters) – Union Pacific Corp (N:) on Thursday reported a fall in quarterly profit after it transported fewer carloads of goods by rail.
The Omaha, Nebraska-based railroad operator’s third-quarter net income was $1.4 billion, or $2.01 per share, down from $1.6 billion, or $2.22 per share, a year earlier.
Total operating revenue fell 11% to $4.9 billion.
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