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Union Pacific is giving $1,000 bonuses to railroad employees who worked during COVID pandemic
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Union Pacific is giving $1,000 bonuses to railroad employees who worked during COVID pandemic

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Nebraska governor Pete Ricketts announced several grants aimed at helping the state recover during the pandemic.

Union Pacific Railroad is planning to give roughly 31,000 of its employees a $1,000 bonus next month.

The Omaha-based railroad said Tuesday that the bonuses will cost the company about $37 million. Railroad officials said all employees who worked at least 30 days during the COVID-19 pandemic will receive the bonuses for helping keep the railroad moving during the virus outbreak.

Union Pacific is continuing to see freight traffic rebound from the worst of the virus-related shutdowns during the spring.

The railroad said shipping volume is up about 3% so far in the fourth quarter as it continues to handle a large number of containers of imported goods because consumer demand remains strong. That is in line with the prediction Union Pacific made last month for fourth-quarter volumes to be up in the low single-digit percentage range.

Union Pacific operates 32,400 miles of track in 23 Western states.

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