Union Pacific Prepares Pandemic Bonuses For Employees

Union Pacific railroad is planning to give roughly 31,000 of its employees a $1,000 bonus next month. The Omaha, Nebraska-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 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.