Union Pacific Tumbles 0.39% to 151st in Volume Amid Derailment Crisis

Union Pacific (UNP) closed on August 12 with a 0.39% decline, trading at $0.71 billion in volume, a 27.06% drop from the previous day’s activity. The stock ranked 151st in terms of trading volume among listed equities.

A significant derailment involving 35 Union Pacific train cars occurred around 2 p.m. CDT near Gordon, Texas, according to company statements. The incident, reported by multiple sources, took place in a rural area of Palo Pinto County. While no injuries were confirmed, emergency services highlighted the presence of hazardous materials and ongoing efforts to contain a grass fire near the derailment site. Union Pacific confirmed additional crews were en route and an investigation was underway to determine the cause of the incident.

Emergency management teams in Palo Pinto County described the situation as "stable but not yet fully controlled," with fire departments actively working to extinguish small fires. Social media posts from local authorities indicated no leaks from derailed cars, though the contents of the train remained unspecified. The company emphasized that all personnel were accounted for and reiterated its commitment to resolving the situation safely.

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