Economy · News reference
A new economic analysis suggests the proposed Union Pacific–Norfolk Southern merger could generate up to $5.8 billion in benefits, including environmental and community improvements.
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Union Pacific reported that it is leveraging buffer resources and its ICTF facility to maintain freight fluidity amid tight rail car supply and strong international volumes at Southern California ports.
Evercore ISI has revised its price target for Union Pacific Corporation, lowering it from $329 to $322.
Union Pacific CEO Jim Vena emphasized the importance of consistent service levels in maintaining recent intermodal volume gains as fuel prices fluctuate.
Rothschild & Co Redburn has updated its price target for Union Pacific Corporation, increasing it from $313 to $323.