UNP says that it expects to increase its core freight price between 5 and 6 percent in 2009.
Sen. Kohl and Rep. Baldwin of Wisconsin have filed legislation aimed at repealing the exemption of railroads from anti-trust laws.
Volume remained flat, but prices and fuel surcharges increased in the face of rising demand.
Union Pacific released its fourth quarter earnings results on January 24, 2008. The company reported a 1% increase in profit over the same period a year before, giving shares a boost.
Union Pacific released its 3rd quarter '07 operating results on October 18th. The results reported increases in revenues, volume and earnings per share.