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New labor agreements expected to cost Union Pacific millions

New sick leave agreements and other deals will increase Union Pacific’s labor costs. Investors on UP’s second-quarter 2023 earnings call wanted to know by how much. The post New labor agreements expected to cost Union Pacific millions appeared first on FreightWaves. ....

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Rate hikes a mountain for corporations to climb

As the Federal Reserve decides whether to tighten the money supply further, corporate treasurers are scrambling to cope with the effects of more than a year of central bank rate increases, taking steps such as cutting costs and paying down debt. ....

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Rail News - UP's train-crew agreement to impact operating ratio in Q2. For Railroad Career Professionals

Railroad industry news about: Union Pacific Corp., one-time pre-tax expense of $70 million, two-person train crew agreement, SMART-TD, second-quarter 2023, operating ratio, Jennifer Hamann, Securities and Exchange Commission. From the editors of Progressive Railroading Magazine ....

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