Union Pacific Profit Up 5% as It Builds Toward Acquisition

Why Union Pacific Stock Popped Today

Key PointsEfficiency gains are driving Union Pacific's profits higher.Management is committed to rewarding shareholders with steadily growing dividends.10 stocks we like better than Union Pacific › Shares of Union Pacific (NYSE: UNP) rose on Thursday after the railroad operator delivered solid quarterly results. Image source: Getty Images.Will AI create the world's first trillionaire? Our team just released a report on the one little-known compa…

Union Pacific Profit Up 5% as It Builds Toward Acquisition

Union Pacific delivered 5% higher earnings in Q1 as the railroad prepares to convince regulators that its $85 billion acquisition of Norfolk Southern is a good idea.

Union Pacific profit climbed 5% as it builds the case for its acquisition of rival Norfolk Southern

Union Pacific delivered 5% higher earnings in the first quarter as the railroad worked to prepare its case to convince regulators that its $85 billion acquisition of eastern rival Norfolk Southern is a good idea.

Norfolk Southern building a merged railroad the STB hasn’t approved yet

In a nutshell: The Doraville deal with Jaguar Transport isn’t just a short-line partnership. It’s a blueprint for a transcontinental network that doesn’t exist, and may never. On 1 April, Norfolk Southern (NS) announced it would lease its Doraville, Georgia, rail corridor and transload terminal to Jaguar Transport Holdings. Jaguar will handle local switching, operate the Doraville transload terminal, and invest in targeted infrastructure upgrade…