Reported 3 days ago
Union Pacific and CSX reported solid fourth-quarter earnings as they brace for the potential impact of tariffs under the Trump administration. Union Pacific achieved a profit of $1.76 billion while CSX reported $733 million, although both faced challenges like rising costs and regulatory hurdles. Executives hope for regulatory support to improve efficiency and navigate the freight market amid concerns over tariff-induced price increases and fluctuations in commodities like coal.
Source: YAHOO