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CLAIM #59226 · Union Pacific Corporation (UNP) · 2022Q2 earnings call · Jul 21, 2022 · due Dec 31, 2022

So we are watching that, it hasn’t changed much, I would say here in the first half, but would look for some improvement in the back half.

Jennifer Hamann · CFO

PENDING
graded after results covering Dec 31, 2022 are reported

In context

ting to drop back down, we are still in the kind of the catch-up phase, if you will. Jason Seidl: And as we look at 4Q, last 4Q, we were sure that the height or the height of the worry about the supply chain, there was probably lot of accessorial charges that a lot of different carriers on the rail or trucking side was adding on. How should we think about that this year as we look to the year-over-year comparisons for 4Q yield in general? Jennifer Hamann: Yeah. Jason, I mean, you are right. We had seen some elevation in some of those ancillary revenue items because of supply chain. And as we talked kind of at the beginning of the year, and I would say we still see this today there’s opportunities for that to improve in the back half of the year, assuming the supply chain improves as well. So we are watching that, it hasn’t changed much, I would say here in the first half, but would look for some improvement in the back half. I should also mention relative to yields in the back half, we are expecting a little bit more of a negative mix impact in the back half as we see those international and domestic intermodal loadings to pick up relative to some of the rest of the business group, so something else to consider. Lance Fritz: And all of that’s embedded in. Jennifer Hamann: Oh! Yeah. Absolutely. And that’s consistent with how we kind of saw the year playing out relative to mix even back in January. Jason Seidl: Okay. Appreciate the color everyone. Thank you for the time. Lance Fritz: Yeah. Thank you, Jason. Operator: Our next question is from the line of Ben Nolan with Stifel. Please proceed with your question. Ben Nolan: Yeah. Thanks. So, when you talk about certainly the carload growth in the back half of the

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SEC filings for UNP · Claim quote is verbatim from the 2022Q2 earnings call.