Union Pacific Railroad Announces Pay Raises and Labor Agreements with 11 Unions that Cover 12 Crafts

(NYSE:UNP) OMAHA, Neb.--(BUSINESS WIRE)--Union Pacific is pleased to announce that it has reached ratified agreements with 11 unions that cover 12 crafts and represent 46% of the railroad’s craft employees. Additionally, two of the largest railroad unions have approved interim agreements that give their members 3% pay increases as negotiations continue on long-term agreements. Raises for the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART-TD) and the Brotherhood of Lo