Trump tariffs could intensify US trucking industry slump, experts say [USA TODAY]
Union Pacific Corporation (UNP)
Last union pacific corporation earnings: 4/23 08:00 am
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Source: USA TODAY
trillion U.S. transportation industry and worsen a nearly three-year trucking recession, sector experts said. The industry that moves everything Americans make and buy is considered an economic bellwether, and will be among the first to signal any unintended consequences of trade policies that Trump says will help, not hurt, U.S. businesses. "Tariffs like those proposed will raise prices, and higher prices mean less demand. Less demand equals less freight," said Jason Miller, interim chair of the department of supply-chain management at Michigan State University's business college. Virtually every transportation company operating in the United States is exposed to tariff-related revenue downturns. The biggest include trucking and delivery firms J.B. Hunt Transport Services JBHT.O and United Parcel Service UPS.N as well as railroad operators Canadian Pacific Kansas City CP.TO and Union Pacific UNP.N. J.B. Hunt did not respond to requests for comment and UPS declined comment. Th
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UNP
Earnings
- 10/24/24 - Miss
UNP
Sec Filings
- 12/13/24 - Form 4
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- UNP's page on the SEC website