Union Pacific just shattered records again, posting a 12% revenue surge to $6.86 billion and a 9% jump in operating income to $2.8 billion—driving earnings per share up 13% to $3.41. Growth powered by intermodal (+4%) and industrial products (+3%), fueled as trucking tightens capacity, while coal dipped despite grain climbing 12%. CEO credits strong execution, CFO celebrates record-setting results. They’re raising EPS forecasts to high single digits, betting on broad traffic gains except coal—weighed down by stockpiles and lower gas prices. Operational wins include faster trains, less terminal time, record train lengths, and fuel efficiency—all while boosting productivity. Safety improved, though injury details withheld. A masterclass in adapting, executing, and thriving.
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