Union Pacific Stock Price, News & Analysis

Union Pacific announced a new intermodal terminal in Southern California's import distribution region, set to open in Q2 2021. This location, strategically near the Ports of Los Angeles and Long Beach, aims to enhance access to Chicago and other key markets. The initiative will commence with a 'pop-up' terminal at the West Colton rail yard, offering domestic intermodal service initially between Southern California and Chicago, with future expansions planned. This move underscores Union Pacific's commitment to reducing truck traffic and enhancing its intermodal capabilities.

Union Pacific announced the construction of a new grain transload facility within its Global IV intermodal terminal in Joliet, Illinois, aimed at reducing supply-chain costs for agricultural producers. Operated by a joint venture with Consolidated Grain and Barge Co. and Gavilon Grain, the facility will enhance connectivity for farmers and processors to West Coast port terminals. With a capacity of 50,000 containers annually, it is expected to be completed by Q4 2021. The initiative is designed to support the regional agriculture economy by streamlining loading operations and offering faster turnaround times.

Union Pacific Corporation (NYSE: UNP) announces its 2021 Investor Day, scheduled for May 4, 2021, starting at 2 p.m. ET. This virtual event will last approximately three hours. Participants need to register to gain access and will receive a password via email. A live webcast of the presentation will be available on the Union Pacific Investor Day platform, with a replay accessible shortly after. Union Pacific plays a key role in connecting communities to the global economy while promoting environmentally responsible freight transport.

Union Pacific Corporation (NYSE: UNP) reported a first quarter 2021 net income of $1.3 billion, or $2.00 per diluted share, down from $1.5 billion, or $2.15 per diluted share, in Q1 2020. Operating revenue declined 4% to $5.0 billion, with business volumes down 1%. Freight revenue dropped 5% due to a less favorable business mix and volume declines. The operating ratio increased to 60.1%. The company repurchased 6.7 million shares for $1.4 billion. Despite challenges, Union Pacific remains optimistic about economic recovery and affirms its 2021 guidance.

Union Pacific Corporation (NYSE: UNP) will release its first quarter 2021 financial and operating results on April 22, 2021, at 8:00 a.m. ET. The management team will conduct a conference call at 8:45 a.m. ET. Interested parties can join via teleconference by dialing 877-407-8293 or 201-689-8349 for international calls. The live webcast will be available on the company's investor relations website, with a replay provided shortly after. Union Pacific operates across 23 western states, supporting economic connectivity and environmental responsibility.

Union Pacific Corporation (NYSE: UNP) announced the expiration of its private exchange offers for certain outstanding notes and debentures. The offers involved the exchange of existing notes for new notes and cash. Valid tenders totaled approximately $1.79 billion in existing notes. The company will issue $700.98 million in New 2036 Notes and $1.01 billion in New 2071 Notes. Additionally, cash consideration of $256.61 million will be paid to bondholders. The exchange will slightly impact earnings per share, estimated to reduce diluted EPS by two cents in Q1 2021.

Union Pacific Corporation (NYSE: UNP) will announce its first quarter 2021 financial results on April 22, 2021, at 8:00 a.m. ET. A conference call will follow at 8:45 a.m. ET for discussion and Q&A. Investors can access the live webcast and presentation materials through the investor relations section of Union Pacific's website. The company operates in 23 western states, promoting safe and efficient freight transportation while contributing to environmental sustainability.