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Union Pacific Corp. announced that profits grew to $7.3 billion or $9.25 per share, a figure that includes a line item connected to the Tax Cuts and Jobs Act.

Freight rail carrier Union Pacific Corp. announced July 20 that profits jumped 19% in the second quarter after CSX Corp. and Canadian Pacific Railway posted strong gains earlier in the week.

Union Pacific Corp. sees Mexico trade as a bright spot for its rail freight growth despite tough trade talk from President Donald Trump, CEO Lance Fritz said.

Union Pacific’s profits increased 9.5% to $1.07 billion dollars, or $1.32 per share, after strong results on a year-over-year basis in the coal, agricultural and intermodal transportation.

Union Pacific, the nation’s largest railroad, has acquired the refrigerated and cold-storage facilities of Railex in Rotterdam, N.Y., Wallula, Washington, and Delano, California.

Federal railroad authorities reached an agreement with Union Pacific Railroad requiring improvements to the railroad’s inspection and safety procedures.

WASHINGTON — A fatal collision of two Union Pacific freight trains in Arkansas resulted from a fatigued engineer and conductor who were both likely asleep aboard one of the trains, federal investigators ruled Dec. 6.    

Union Pacific Corp. net income slipped 13% to $1.13 billion, or $1.36 per share, hurt by lower intermodal and other freight volume and weaker pricing.

Union Pacific Corp. and Canadian Pacific Railway Ltd. this week reported second-quarter net income fell 19% and 16% respectively in a weak rail freight market, while smaller carrier Kansas City Southern raised net income 7% with help from a tax credit.

Union Pacific Corp. reported first-quarter earnings higher than analysts’ expectations as the railroad cut costs and boosted prices to mitigate a steep drop in cargo demand, pushing shares to their highest value in five months.