Oil & Gas To Lead A 20% Drop In Union Pacific’s Energy Freight In 2020?
- Friday, May 8, 2020, 7:10
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Union Pacific’s (NYSE: UNP) Energy Freight segment, which consists of the transportation of coal, crude oil, sand, and petroleum products, has seen revenues shrink from $4.5 billion in 2017 to $3.8 billion in 2019, and we expect these revenues to decline further in 2020 to around $3.0 billion…
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