MAAT INDEX

CLAIM #59593 · Union Pacific Corporation (UNP) · 2024Q4 earnings call · Jan 23, 2025 · due Dec 31, 2025

bringing the current count of UP accessible plants to 15 with more expected this year.

Kenny Rocker · EVP Marketing and Sales

PENDING
graded after results covering Dec 31, 2025 are reported

In context

ared to last year on a 4% decrease in volume, while Average Revenue per Car remained flat, even with decreased fuel surcharges. Coal continued to experience the same challenges seen throughout the year as demand remained soft due to the high inventory levels and the competition from low natural gas prices. Grain volumes increased for the quarter as there was strength in export grain to Mexico, coupled with UP service during -- strong UP service during the harvest. Lastly, grain products grew in the fourth quarter as our work to locate renewable diesel plants on our railroad is paying dividends in the form of increased demand for feedstocks and we expect that growth to continue with the startup of two new facilities, one in Nebraska and one in Kansas that came online in the fourth quarter, bringing the current count of UP accessible plants to 15 with more expected this year. Turning to industrial, revenue was up 1% for the quarter as volume remained flat. Strong core pricing gains were mostly offset by lower fuel surcharges and a negative mix in volume. Business development in our Petrochemical and Petroleum commodity segments drove growth. Demand improved for plastics -- for our plastics business in both export and domestic markets. However, these gains were offset by softer demand for Metals, Sand and Rock. Premium revenue for the quarter was up 3% on a 13% increase in volume and a 9% decrease in Average Revenue per Car, reflecting increased intermodal shipments and lower fuel surcharges. Intermodal volumes remained strong due to international West Coast import demand and positive domestic growth driven by business development efforts. International volumes

Verify independently

SEC filings for UNP · Claim quote is verbatim from the 2024Q4 earnings call.