Oil, Mexican auto shipments drive U.P. growth, exec says - South Texas Alliance for Regional Trade

Mar 28, 2013

Increased rail shipments of oil from Eagle Ford Shale drilling and more Mexican auto exports are driving job growth and capital spending for Union Pacific Corp. in South Texas, the company’s chief financial officer said Wednesday in San Antonio.

UP spent $130 million last year on capital improvements in the region, CFO Robert Knight said during a presentation at Port San Antonio.

Read more: http://www.mysanantonio.com/business/article/Oil-Mexican-auto-shipments-drive-U-P-growth-4389515.php#ixzz2OqQzKACo