Railroads Report Fourth-Quarter 2014 Profit Growth, Expect Lower Crude Shipments

SUGAR LAND--January 23, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Executives with Union Pacific Railroad (NYSE:UNP) (Omaha, Nebraska) and Canadian Pacific Railway (NYSE:CP) (Calgary, Canada) each reported profit gains in fourth-quarter 2014 from a year earlier amid substantial revenue growth, but were keeping an eye on the potential impact of falling oil prices on crude-by-rail shipments.Industrial Info is tracking 47 Union Pacific projects worth $3.36 billion, and 24 Canadian Pacific projects worth $1.19 billion.

Within this article: Details on fourth-quarter 2014 earnings results by Canadian Pacific Railway and Union Pacific Railway, as well as key projects.