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CLAIM #59747 · Union Pacific Corporation (UNP) · 2026Q1 earnings call · Apr 23, 2026 · due Dec 31, 2026

We expect the strong volume and construction and petrochemicals to continue based on our customer wins.

Kenny Rocker · EVP Marketing and Sales

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: Construction and petrochemicals segment carload volume growth (year-over-year), as reported for Industrial products

It came true if: Year-over-year volume growth > 0% for construction and petrochemicals in subsequent quarters of 2026

Where: Company quarterly earnings release / carload volume data (10-Q or investor slides)

In context

mmercial momentum. Softening vehicle sales pressured automotive volumes, though having one incremental volume with BMW offset some of the market softness. Looking ahead on Slide 11, we remain optimistic about coal's potential despite current natural gas pricing, we expect full year coal results to be positive. In grain, improving export demand to China, along with continued momentum into Mexico, positions the business well to support growth. For grain products, we expect continued strength driven by business development and expanding renewable fuels and feedstock markets with a clear renewable fuels policy, providing more stable demand. Moving to Industrial, despite a soft housing environment and tepid end market fundamentals, we remain firmly focused on out farming industrial production. We expect the strong volume and construction and petrochemicals to continue based on our customer wins. A great example is the Golden Triangle Polymers Company joint venture with CPChem, where we are encouraged by the upcoming start-up of this new world scale facility in the third quarter. Wrapping up with premium. International intermodal volumes will remain subdued, although we lapped some of the shifts we experienced last year as we moved through the quarter. Domestic intermodal continues to perform well, supported by over-the-road conversions enabled by our strong service product and diverse market reach. While softer vehicle sales are expected to pressure automotive volumes, we expect business development wins will offset some of the impact. Our first quarter results reflect the team's relentless focus on revenue growth, which is achieved through pricing to the service we provide, inve

Verify independently

SEC filings for UNP · Claim quote is verbatim from the 2026Q1 earnings call.