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Stock impact report

Essential California: Rail thefts leave L.A. train tracks littered with packages [Los Angeles Times (CA)]

Union Pacific Corporation (UNP) 
Last union pacific corporation earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: up.com/investors
When railroads opened up in the West in the 19th century, they transported everything from people to supplies — transforming them into tempting targets for bandits. And apparently, that's still true more than a century later. On Saturday, railroad tracks in Lincoln Heights were trashed with a blizzard of torn plastic wrappers, cardboard boxes and paper packaging attesting to a wave of rail car thievery that officials say has been rising in recent months. The images have generated national attention and revealed tension among rail operators, government officials and authorities over what can be done to reduce the thefts, as my colleagues Rachel Uranga, Irfan Khan and Richard Winton write. Union Pacific reported what it claimed was a 160% increase since December 2020 in thefts along the railroad tracks in Los Angeles County. The railroad didn't release specific data, but it said the increase in crime cost the company at least $5 million last year. Advertisement A bottleneck in Show less Read more
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