Union Pacific posts higher profit

Thu Jan 24, 2013 8:05am EST

Jan 24 (Reuters) - Union Pacific Corp, the No.1 U.S. railroad, reported a 7 percent rise in quarterly profit, helped by higher chemical, automotive and intermodal shipments.

Net income rose to $1.04 billion, or $2.19 per share, in the fourth quarter, from $964 million, or $1.99 per share, a year earlier.

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