Union Pacific Plans $1B in Rail Upgrades in Neb.

Union Pacific said Friday it plans to invest $1 billion in railroad projects in Nebraska over the next several years to upgrade the capacity of its network. Jim Young, the CEO of Union Pacific Corp., said he expects the investments to help create at least 1,000 jobs in Nebraska. The company plans to invest the money over about seven years, but the projects could be accelerated if the economy improves quicker than expected. Read More

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