NYSE:UNPTransportation
Union Pacific (UNP) Is Up 7.7% After Record Wabtec Locomotive Overhaul Deal And Dividend Declaration
Union Pacific recently reported fourth-quarter 2025 results and its Board declared a quarterly dividend of US$1.38 per share, while also finalizing in late 2025 a US$1.20 billion agreement with Wabtec to modernize its AC4400 locomotive fleet, with deliveries scheduled to begin in 2027.
The Wabtec modernization deal, the largest of its kind in rail industry history, is designed to extend locomotive lifespans, improve fuel efficiency and reliability, and embed next-generation diagnostics...