Union Pacific, Wabtec Strike Landmark $1.2B Locomotive Modernization Deal
Union Pacific Corporation (NYSE:UNP) is included among the 15 Best Wide Moat Dividend Stocks to Invest in. On February 4, Union Pacific Corporation (NYSE:UNP) and Wabtec reached a $1.2 billion agreement to overhaul Union Pacific’s AC4400 locomotive fleet. The companies called it “the largest locomotive modernization investment in rail industry history,” with deliveries slated to [...]