After 2019 flood, Arkansas port gets $8M for rebuild [Yahoo! Finance]
Union Pacific Corporation (UNP)
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Source: Yahoo! Finance
An Arkansas river port will receive $8.1 million in federal funds to modernize and expand rail capacity after a destructive 2019 flood. The funding was secured through the passage of various appropriations packages. Five Rivers Distribution, which operates the port and neighboring Port of Van Buren, plans to build three, 30,000-square-foot warehouses to handle freight arriving by rail, according to local media. The barge, truck and rail port bordering Oklahoma handles approximately 1,000 railcars annually, including inbound bulk feeds, poultry and cattle feed supplement, and wire coils used in manufacturing. It is served by the Arkansas & Missouri Railroad, with connections to Union Pacific (NYSE: UNP ), BNSF ( BRK-B ) and CPKC (NYSE: CP The warehouse design process has begun, with completion set for the first quarter of 2027. The city's port authority has to match 20%, or $1.62 million, of the federal funding. The 28-acre port was all but destroyed in the 2019 Arkansas R
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UNP
Earnings
- 1/27/26 - Miss
UNP
Sec Filings
- 2/12/26 - Form 4
- 2/12/26 - Form 4
- 2/11/26 - Form 4
- UNP's page on the SEC website