Union Pacific Honors 147 Companies with 2024 Pinnacle Award for Safe Chemical Transport

Union Pacific Railroad recognized 147 companies with its 2024 Pinnacle Award for their commitment to safely transporting hazardous materials without any non-accident releases. The award highlights companies that implement strong safety measures, such as release prevention protocols and corrective action plans. Union Pacific emphasized the importance of safety in partnership with customers and outlined its Hazardous Materials Safety team's efforts, including regional support, training programs, and inspections. The full list of award recipients includes major industry names like BP, Cargill, Dow Chemical, Chevron Phillips, and Olin Corporation.

Union Pacific Q1 2025 Results Summary

Earnings per share were $2.70, flat year-over-year, with a 7 percent headwind from fuel and leap year effects. Net income remained at $1.6 billion. Operating income also held steady at $2.4 billion. Operating revenue was unchanged at $6.0 billion. Revenue carloads increased 7 percent, while freight revenue excluding fuel surcharge rose 4 percent.

Operating ratio was 60.7 percent, unchanged from the prior year, though negatively impacted by lower fuel prices and leap year by 90 basis points. Operating expenses were flat as productivity improvements and lower fuel costs balanced inflation and volume-related increases.

Operational performance continued to improve. Freight car velocity rose 6 percent to 215 miles per day. Locomotive productivity increased 1 percent, average maximum train length grew 2 percent to 9,490 feet, and workforce productivity improved 9 percent to 1,091 car miles per employee. Fuel consumption rate improved by 1 percent.

Union Pacific reaffirmed its full-year 2025 outlook. Volume expectations remain mixed due to economic conditions and coal demand. EPS growth is expected to align with the company’s 3-year compound annual growth rate target of high single to low double digits. Capital spending is planned at $3.4 billion, and share repurchases are projected between $4.0 and $4.5 billion.

Union Pacific Corporation (NYSE: UNP) will release first quarter 2025 financial and operating results on Thursday, April 24, 2025, at 7:45 a.m. ET. The company’s management team will host a conference call and live webcast at 8:45 a.m. ET.

Union Pacific partners with Jaguar Transport to expand short line rail service in Kansas City

On March 27, 2025, Union Pacific Railroad announced a new lease agreement with Jaguar Transport Holdings LLC to provide short line rail service in the Central Industrial District of Kansas City. The deal involves Union Pacific leasing approximately 12 acres of land and four miles of track to Jaguar Transport, which will operate the Kansas City West Bottoms Railroad.

This partnership aims to enhance customer service and stimulate economic growth in the region. Union Pacific will maintain its focus on long-haul freight services, while Jaguar will offer five-day-a-week short-haul rail operations and value-added services such as warehousing and transloading.

Jaguar also owns a nearby warehouse and is completing a new transload facility set to begin operations by the end of March.

Union Pacific Corporation (NYSE: UNP) will release first quarter 2025 financial and operating results on Thursday, Apr. 24, 2025, at 7:45 a.m. ET. The company’s management team will host a conference call and live webcast at 8:45 a.m. ET.

Parties interested in participating via teleconference may dial 877-407-8293. International callers may dial 201-689-8349. A live webcast of the presentation and materials will be available in the investor relations section of Union Pacific’s website at https://investor.unionpacific.com/. A replay of the audio webcast will be available shortly thereafter.

Union Pacific Railroad has announced the appointment of Christina Conlin as senior vice president, chief legal officer and corporate secretary succeeding Craig Richardson, who is set to retire at the end of March.

Union Pacific launches $1.5 billion share buyback program

February 18, 2025 – Union Pacific Corporation (NYSE: UNP) has announced a $1.5 billion accelerated share repurchase (ASR) program, partnering with Barclays Bank PLC and Citibank, N.A. to buy back common stock. The company expects to receive approximately 4.8 million shares on February 18, with the final number determined by the volume-weighted average price over the ASR period.

The program is set for final settlement before the end of the third quarter of 2025, though it may conclude earlier under certain conditions. Union Pacific's move underscores its commitment to returning value to shareholders.

The company cautioned that forward-looking statements in its announcement are subject to risks and uncertainties, as detailed in its filings with the Securities and Exchange Commission.