Jan 25 (Reuters) - Union Pacific Corp, the No. 1 U.S. railroad by revenue, reported a rise in quarterly net profit on Thursday, boosted by slightly higher freight volumes and changes to the U.S. tax law.
The Omaha, Nebraska-based company said fourth-quarter net income rose to $7.3 billion, or $9.25 per share, from $1.14 billion, or $1.39 per share, a year earlier.
After adjustments for one-time items, the railroad earned $1.53 per share, in line with the $1.53 Wall Street analysts expected. (Reporting by Eric M. Johnson in Seattle Editing by Chizu Nomiyama)
