"Bumper Profits From America's Biggest Railway"
"Bumper Profits From America's Biggest Railway" by Tony Luckett, © The Motley Fool, 25 January 2011. (News Article)
"... The biggest railway in the United States of America is Union Pacific Corporation. Last week, Union Pacific posted record profits ... In recent years, America's railroads, and their shares, have had a new lease of life as high oil prices have made it much cheaper to move long-distance freight by train than by truck. ... Although Union Pacific was bankrupted in 1870 and 1893, in its current incarnation has managed pay dividends in each of the last 111 years. There aren't many companies that can say that! ... " [More]
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posted from CPRR Discussion Group at 1:39 AM
2 Comments:
UP "Track Facts" – The Union Pacific Railroad in 2011 has more than 43,000 employees, 8,000 locomotives and 32,000 miles of track, wearing out two miles of track per day.
At the present time, "Trains carry 75% of U.S. Freight." —United Stats of America TV show
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