OMAHA, Neb., March 17 /PRNewswire/ -- The following is a statement from
Union Pacific Railroad (NYSE: UNP) on today's decision by the Surface
Transportation Board in Washington.
In our view, today's decision was made in the best interest of the
railroad industry and fairly reflects the testimony given by more than
150 customers and other witnesses at the STB hearings March 7-10 on mergers
and the future structure of the industry.
The STB decision takes a big step towards stabilizing the industry. Union
Pacific plans to actively participate in the rule-making proceeding.
In the meantime, all employees of Union Pacific will continue to focus on
what really counts the most for determining the future of our company and our
industry -- improving customer service. Customers who testified at the STB
hearings made it clear that dependable service from railroads was their Number
One priority. Today's decision will allow all of us in the rail industry to
continue our intense focus on meeting customer requirements.
SOURCE Union Pacific Corporation
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http://www.up.com
Company News On-Call:
http://www.prnewswire.com/comp/124139.html or fax,
800-758-5804, ext. 124139
CONTACT:
John Bromley of Union Pacific Corporation,
402-271-3475
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