Union Pacific quarterly revenue rises 6 percent

[January 24, 2019]  (Reuters) - U.S. railroad operator Union Pacific Corp <UNP.N> on Thursday reported a 6 percent rise in quarterly revenue, helped by higher industrial shipments.

A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris Helgren

The Omaha, Nebraska-based company's net income fell to $1.55 billion, or $2.12 per share in the fourth quarter ended Dec. 31, from $7.28 billion, or $9.25 per share, a year earlier when it got a boost from changes in U.S. tax laws.

Total operating revenues rose to $5.76 billion from $5.45 billion.

(Reporting by Rama Venkat in Bengaluru; Editing by Shailesh Kuber)

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