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Union Pacific cuts full-year outlook for volume growth and productivity, says crew availability is ‘stressed’

Union Pacific cuts full-year outlook for volume growth and productivity, says crew availability is 'stressed'

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Shares of Union Pacific Corp. UNP, +0.21% slipped 0.1% in morning trading Wednesday, after the rail and freight transportation services company lowered its 2021 guidance for volume growth, productivity and operating ratio improvement. The company said it now expects full-year volume growth of 4% over last year, compared with previous guidance provided on Oct. 21 of “closer to 5%.

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