(Reuters) – U.S. railroad operator Union Pacific Corp posted a 21.5% rise in first-quarter profit on Thursday, benefiting from higher shipments due to a rise in U.S. factory production and price hikes.
Net income in the quarter ended March 31 rose to $1.63 billion, or $2.57 per share, from $1.34 billion, or $2 per share, a year earlier.
(Reporting by Nathan Gomes in Bengaluru; Editing by Vinay Dwivedi)
