Union Pacific Has Little Upside At Current Price
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Union Pacific (UNP) is a very large railroad, connecting 23 states in the Western ⅔ of the country. The company has 7,700 locomotives and 37,000 employees. Looking forward, rail should be favored as an environmentally efficient form of transport, with a reduction in greenhouse gas (GHG) emissions of as much as 75% as compared to commercial trucks. President Biden’s infrastructure spending proposal is seen as giving rail freight a boost, too.