SUMMER GROWTH: Union Pacific Corp. said Thursday its third-quarter earnings rose 16 percent as the railroad charged higher prices to offset slower growth in shipments and higher fuel costs. Revenue rose 16 percent to $5.1 billion.
COUNTING CARLOADS: Shipping volume grew 1 percent in the period. The amount of cars and parts moved on its lines grew the most. Shipments of agricultural products and intermodal goods both fell.
WHAT'S AHEAD: The nation's largest railroad said it expects its business to continue to grow despite an uncertain view for the broader U.S. economy.