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-4.56266824840048E-05 -4.56266824840048E-05 -0.00123192042706579 -0.00168818725190493 -0.00319386777387424 -0.000844093625952467 -0.00958160332162259 -0.0101063101701875
Stock impact report

Autonomous rail intermodal cars to begin testing this month [Yahoo! Finance]

Union Pacific Corporation (UNP) 
Last union pacific corporation earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: up.com/investors
Company Research Source: Yahoo! Finance
The Los Angeles-based company also announced it had raised an additional $38 million in funding, bringing its total to date to about $100 million. “Federal Railroad Administration approval and closing our Series B funding round are two critical milestones for Parallel Systems,” Matt Soule, Parallel founder and chief executive, said in a release. “Together with our strategic partnerships within the rail industry, Parallel Systems is now poised to fully commercialize our battery-electric rail system, starting with the FRA-approved project in Georgia.” In January, the Federal Railroad Administration approved a request from Parallel, Georgia Central and Heart of Georgia Railroad to test its self-propelled intermodal flatcars, but the company had not previously identified when testing would begin. The seven-phase testing program on the two Genesee & Wyoming short lines will begin with testing on 2 miles of track on the Heart of Georgia that will be disconnected from the rest of the Show less Read more
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