OMAHA, Neb. Union Pacific s fourth-quarter profit slipped 4% as severe winter weather snarled shipments in late December and the rail carrier continued struggling to improve operations to handle all the cargo businesses want to ship.
Union Pacific s latest attempt to move toward cutting its train crews to one person remains on hold because of long-standing safety concerns of the union that represents conductors.
Union Pacific reported 13% more profit in the third quarter, but the railroad predicted Thursday that added shipments planned this year will drop slightly.