July 18 (Reuters) - U.S. railroad operator Union Pacific Corp (NYSE:UNP) UNP.N on Thursday reported a 1.3% fall in revenue, as a severe flood in the Midwest and the ongoing U.S.-China trade tensions hit freight volumes.
Net income at Union Pacific, which serves the Western two-thirds of the country, rose to $1.6 billion, or $2.22 per share, in the second quarter ended June 30, from $1.51 billion, or $1.98 per share, a year earlier. operating revenue fell to $5.6 billion from $5.67 billion.