New Union Pacific CEO sees freight volume growth
Union Pacific CEO Lance Fritz says momentum is building as the railroad expects positive freight volume growth this year despite murky oil price outlook. He notes oil prices help the broader economy and U.S. shale activity, with UP deriving most volumes from equipment and pipelines rather than crude itself.
MENTIONED IN THIS ARTICLE
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Intuit Halts TurboTax State E filing After Fraud Spike
Intuit suspended e filing of state tax returns after detecting fraudulent activity using stolen identities. The company said no security breach occurred and will resume once states and software providers cooperate. Minnesota stopped TurboTax submissions while continuing to accept ProSeries Lacerté and other filing products. The halt affects state returns only, not federal filings.
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