Union Pacific(UNP)

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STG Logistics and Union Pacific Railroad Extend Long-Running Partnership to Deliver Consumer Goods
Prnewswire· 2024-04-17 19:00
CHICAGO, April 17, 2024 /PRNewswire/ -- STG Logistics, a leading provider of transportation and logistics solutions, is pleased to announced an extended, long-term partnership with Union Pacific Railroad. The agreement builds upon three decades of STG and Union Pacific working together to deliver goods and products to consumers, while ensuring continuity and excellence within the nation's supply chain. "We are extremely excited about this partnership," said Tyler Holtgreven, Senior Vice President of Operati ...
Will Union Pacific (UNP) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-03 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Union Pacific (UNP) , which belongs to the Zacks Transportation - Rail industry, could be a great candidate to consider.This railroad has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 4.15%.For the last reported quarter, Union Pacific came out wi ...
Union Pacific Corporation: New Management Key To Superior Returns
Seeking Alpha· 2024-03-31 06:45
Sundry Photography/iStock Editorial via Getty Images Investment Thesis Union Pacific Corporation (NYSE:UNP) is rated as a buy as operations improve. We believe the new management will continue implementing significant improvements that will enable UNP to unlock superior shareholder returns. Previous management delivered a poor multi-year operational performance and at its current valuation, UNP is a long-term buy. Introduction UNP is one of the Class 1 freight railroad companies in the United States. Th ...
Union Pacific: Building America With 11% Annual Return Potential
Seeking Alpha· 2024-03-22 19:49
JayLazarin/iStock Unreleased via Getty Images Introduction "What to buy in this market?" It's a question I often get, as many - including myself - believe this is a very tricky market environment. For example, on March 21, I wrote an article titled "Market Mania: Crafting A $30,000 Portfolio With 3 Top Dividend Stocks For What's Next." In that article, I highlighted challenges related to valuations, inflation, and market sentiment. Generally speaking, I'm careful in this market. Although I have grad ...
Union Pacific Corporation (UNP) J.P. Morgan 2024 Industrials Conference (Transcript)
2024-03-13 18:07
Union Pacific Corporation (NYSE:UNP) J.P. Morgan 2024 Industrials Conference Call March 13, 2024 8:00 AM ET Company Participants Jim Vena - Chief Executive Officer Jennifer Hamann - Chief Financial Officer Conference Call Participants Brian Ossenbeck - JPMorgan Brian Ossenbeck Alright. Good morning. Thanks for coming back for the second day of the Industrials Conference. Kicking off the transportation track here with Union Pacific, I am Brian Ossenbeck, I cover the rails and logistics for JPMorgan. Very exc ...
Union Pacific Corporation (UNP) J.P. Morgan 2024 Industrials Conference (Transcript)
Seeking Alpha· 2024-03-13 18:07
Union Pacific Corporation (NYSE:UNP) J.P. Morgan 2024 Industrials Conference Call March 13, 2024 8:00 AM ET Company Participants Jim Vena - Chief Executive Officer Jennifer Hamann - Chief Financial Officer Conference Call Participants Brian Ossenbeck - JPMorgan Brian Ossenbeck Alright. Good morning. Thanks for coming back for the second day of the Industrials Conference. Kicking off the transportation track here with Union Pacific, I am Brian Ossenbeck, I cover the rails and logistics for JPMorgan. Very exc ...
Here's Why It Is Worth Holding Union Pacific (UNP) Stock Now
Zacks Investment Research· 2024-03-07 13:26
Union Pacific’s (UNP) efforts to reward shareholders during challenging times and cost control measures have positively impacted the bottom line. However, weak freight revenues and volumes are concerning, along with a high debt load.Factors Favoring UNPUnion Pacific's robust 2023 financial performance, featuring strong cash generation of $8.38 billion from operations and $1.54 billion in free cash flow, supports shareholder-friendly activities. UNP returned $3.9 billion to shareholders through dividends and ...
Union Pacific to Invest $3.4 Billion in Capital for Safe Operations, Growth with Customers
Prnewswire· 2024-02-21 21:00
OMAHA, Neb., Feb. 21, 2024 /PRNewswire/ -- Union Pacific plans to invest $3.4 billion in 2024 to support safe operations, renew assets and grow with customers. That's the equivalent of spending more than $9 million every day to make the railroad safer and generate economic and supply chain activity across its 23-state footprint, boosting local, regional and the national economy.An estimated 56% of the capital plan, or $1.9 billion will go toward upgrading and replacing infrastructure, such as rail, ties, an ...
Union Pacific Corporation (UNP) CEO Jim Vena Presents at Barclays 2024 Industrial Select Conference Transcript
2024-02-21 18:55
Union Pacific Corporation Conference Call Summary Company Overview - **Company**: Union Pacific Corporation (NYSE: UNP) - **Event**: Barclays 2024 Industrial Select Conference - **Date**: February 21, 2024 - **Participants**: - Jim Vena - CEO - Jennifer Hamann - CFO Key Points Industry and Company Performance - The railroad industry in the U.S., Canada, and Mexico has seen improvements in safety, but Union Pacific aims to enhance its safety measures further [5][6] - Union Pacific's strategy focuses on delivering excellent service, operational excellence, and improving car velocity to enhance customer experience [7][8][9] - The company reported a **6% decline in January volumes**, but has seen recovery in February with improved velocity and carloads [16][17] Financial Metrics and Outlook - Union Pacific is targeting to achieve the best operating ratio and margins in North America, although it acknowledges the challenges ahead [10][30] - The company is cautious about the economic outlook, particularly regarding coal markets and intermodal contracts, which are expected to be headwinds [17][30] - Jennifer Hamann indicated that inflationary pressures are expected to be around **5%** for compensation and benefits, with productivity improvements needed to offset these costs [39][41] Operational Strategies - Union Pacific is investing in new terminals and services, particularly in intermodal and cross-border traffic with Mexico, to capture market opportunities [13][14] - The company is focused on improving workforce productivity and operational efficiency, with ongoing investments in technology and training [12][39] - Car velocity is emphasized as a key performance metric, correlating closely with customer satisfaction [20][21] Capital Allocation and Shareholder Returns - Union Pacific plans to invest **$3.4 billion** in capital expenditures, with half allocated for maintenance and safety improvements [48] - The company is currently prioritizing debt repayment over share repurchases, with **$1.3 billion** of debt due soon [52] Customer Engagement and Market Position - Union Pacific aims to convert more truck business to rail, emphasizing the environmental benefits of rail transport [36][37] - The company is focused on building long-term relationships with existing customers while also seeking new business opportunities [35][36] Conclusion - Union Pacific is positioned to navigate current market challenges while focusing on safety, service, and operational excellence. The company remains committed to improving its financial metrics and shareholder returns through strategic investments and efficiency improvements [10][48][52]
Union Pacific Announces Appointment of Andrew Brady to Vice President-External Relations, Retirement of Printz Bolin
Prnewswire· 2024-02-08 19:00
OMAHA, Neb., Feb. 8, 2024 /PRNewswire/ -- Union Pacific Railroad has appointed Andrew Brady to vice president-External Relations, following Printz Bolin's retirement at the end of February. Based in Union Pacific's Washington, D.C., office, Brady is responsible for communicating inside the Beltway about national and state-specific industry issues and projects, including economic and safety regulation, passenger rail, security and labor. He previously served as Union Pacific's assistant vice president-Extern ...