Union Pacific Railroad pulled 650 locomotives out of storage and is adding employees to “overload” the southern part of its network, particularly in Texas, in an effort to ease rail car congestion there.
Although the Omaha-based railroad reported a 22 percent increase in profit for the first quarter of this year, the jammed train yards and loading areas prevented even higher earnings, Union Pacific Corp. Chief Executive Lance Fritz said Thursday.
Click here to read the full story.