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US railroad Union Pacific turned charges meant to cover fuel costs from Iran war into profit
The railroad said surcharges added 14 cents per share in the quarter, while only Norfolk Southern and CSX also posted smaller surpluses.
Summary by Reuters
3 Articles
3 Articles
US railroad Union Pacific turned charges meant to cover fuel costs from Iran war into profit
Railroads are the only U.S. transportation companies that report both fuel costs and fuel surcharge revenue to regulators, offering rare insight into how surcharges can improve company profits.
·London, United Kingdom
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Shippers, Railroads Ask STB to Deny Latest UP-NS Merger Application
The proposed Union Pacific-Norfolk Southern merger faces another important step as the Surface Transportation Board reviews whether the deal would benefit competition. Union Pacific and Norfolk Southern submitted additional information… Source
Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
Factuality
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