Union Pacific, On CrowdStrike Software Outage, Says Key Customer Applications, Including Waybill Systems, Functional; Says Manifest Terminals & Yard Operations Quickly Returned To Normal Production & Fluidity; All Intermodal Ramps & PGT Terminals Operational And Co Continues To Process Trains
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Union Pacific reported that despite a software outage from CrowdStrike, key customer applications, including waybill systems, remained functional. Manifest terminals and yard operations quickly returned to normal, and all intermodal ramps and PGT terminals are operational. The company continues to process trains.
July 19, 2024 | 8:28 pm
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NEGATIVE IMPACT
CrowdStrike's software outage impacted Union Pacific, but the railway company reported that key systems remained functional and operations quickly returned to normal.
The software outage from CrowdStrike, despite the quick recovery by Union Pacific, may raise concerns about the reliability of CrowdStrike's services, potentially leading to a short-term negative impact on its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Union Pacific experienced a software outage due to CrowdStrike but reported that key customer applications remained functional. Operations quickly returned to normal, and all terminals are operational.
Union Pacific's quick recovery from the software outage and the continued functionality of key systems suggest minimal disruption to operations. This should have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100