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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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Union Pacific Corporation (NYSE:UNP) Q2 2023 Earnings Call Transcript

Operator: Greetings and welcome to the Union Pacific Second Quarter Earnings Call. ....

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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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US companies scramble to cuts costs, pay down debt as interest rates surge

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

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