Latest news with #JimVena
Business Wire
03-06-2025
- Business
- Business Wire
Union Pacific Corporation CEO Jim Vena and CFO Jennifer Hamann to Address the 2025 Wells Fargo Industrials & Materials Conference
OMAHA, Neb.--(BUSINESS WIRE)--Jim Vena, chief executive officer, and Jennifer Hamann, executive vice president and chief financial officer, of Union Pacific Corporation (NYSE: UNP) will address the 2025 Wells Fargo Industrials & Materials Conference on Tuesday, June 10, 2025, at 10:30 a.m. ET. A live webcast of the presentation will be available in the investor relations section of Union Pacific's website at A replay of the audio webcast will be available shortly thereafter. ABOUT UNION PACIFIC Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at
Yahoo
07-05-2025
- Business
- Yahoo
Union Pacific Corporation CEO Jim Vena and CFO Jennifer Hamann to Address the Bank of America's 2025 Industrials, Transportation & Airlines Conference
OMAHA, Neb., May 07, 2025--(BUSINESS WIRE)--Jim Vena, chief executive officer, and Jennifer Hamann, executive vice president and chief financial officer, of Union Pacific Corporation (NYSE: UNP) will address the Bank of America's 2025 Industrials, Transportation & Airlines Conference on Wednesday, May 14, 2025, at 9:30 a.m. ET. A live webcast of the presentation will be available in the investor relations section of Union Pacific's website at A replay of the audio webcast will be available shortly thereafter. ABOUT UNION PACIFIC Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at View source version on Contacts Union Pacific Investor Contact: Diana Prauner at 402-544-4227 or dprauner@ Media Contact: Clarissa Beyah at 402-957-4793 or cbeyah@
Business Wire
07-05-2025
- Business
- Business Wire
Union Pacific Corporation CEO Jim Vena and CFO Jennifer Hamann to Address the Bank of America's 2025 Industrials, Transportation & Airlines Conference
OMAHA, Neb.--(BUSINESS WIRE)--Jim Vena, chief executive officer, and Jennifer Hamann, executive vice president and chief financial officer, of Union Pacific Corporation (NYSE: UNP) will address the Bank of America's 2025 Industrials, Transportation & Airlines Conference on Wednesday, May 14, 2025, at 9:30 a.m. ET. A live webcast of the presentation will be available in the investor relations section of Union Pacific's website at A replay of the audio webcast will be available shortly thereafter. ABOUT UNION PACIFIC Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at
Yahoo
01-05-2025
- Business
- Yahoo
Union Pacific heritage locomotive honors Abraham Lincoln
Union Pacific has unveiled its Abraham Lincoln commemorative locomotive, honoring the president who signed the bill creating Union Pacific as part of the transcontinental railroad. 'Union Pacific (NYSE: UNP) exists because President Abraham Lincoln wasn't afraid to ask, 'What's possible?'' Union Pacific Chief Executive Jim Vena said at a ceremony Wednesday in North Little Rock, Arkansas. 'Our employees move the critical goods Americans use each day. We are proud of our heritage and look forward to sharing this special locomotive with the communities and people along the 23 states where we operate.' Officials attending the event included Arkansas Lt. Gov. Leslie Rutledge, North Little Rock Mayor Terry Hartwick and Lincoln Presidential Foundation Chairman Emeritus Sergio Pecori. The color scheme of locomotive No. 1616 — numbered to reflect Lincoln's service as the 16th president — is a nod to steam locomotive No. 119, one of two to take part in the Golden Spike ceremony at Promontory Summit, Utah, in 1869. The locomotive, painted at the railroad's Downing B. Jenks Locomotive Shop in North Little Rock, will serve as a traveling ambassador, the railroad said. It will make its first public appearance on May 10 at the Oregon Rail Heritage Center in Portland, as part of National Train Day. The railroad will announce additional details on the trip on its website and on social media. The railroad in February had announced plans for the locomotive, its second presidential diesel following No. 4141, honoring George H.W. Bush. That unit is now displayed at the George Bush Presidential Library and Museum in College Station, Texas. Subscribe to FreightWaves' Rail e-newsletter and get the latest insights on rail freight right in your first-quarter profits rise despite trade war Dragon Cement deal fires Maine rail line revivalNew railroad heralds Indiana multimodal development BNSF and UP say possible container glut doesn't scare them The post Union Pacific heritage locomotive honors Abraham Lincoln appeared first on FreightWaves.
Yahoo
24-04-2025
- Business
- Yahoo
Union Pacific posts flat quarterly results despite volume growth
Union Pacific (NYSE: UNP) reported flat quarterly earnings Thursday as a decline in fuel surcharge revenue offset record freight revenue that flowed from industry-leading volume growth. 'We had a solid start to the year. … [W]e delivered record first-quarter operating performance,' CEO Jim Vena told investors and analysts on the railroad's earnings call. 'Further, we had the strongest carload growth of the Class I's as we worked closely with our customers to meet their needs in an uncertain environment.' UP's operating income and revenue were flat, at $2.4 billion and $6 billion, respectively. Earnings per share increased by a penny, to $2.70. The lower fuel surcharge revenue, combined with the impact of 2024's being a leap year, was a 19% drag on earnings per share. The railroad's operating ratio held steady at 60.7%. Overall volume increased 7% thanks largely to continued international and domestic intermodal growth. UP's premium segment — which includes intermodal and automotive business — saw a 13% increase in volume due to strong West Coast imports of containerized cargo. Bulk traffic was up 1% as higher natural gas prices drove increased demand for utility coal. Strong demand for grain products, along with the opening of new processing facilities on UP lines, also helped boost bulk volumes. Industrial traffic declined 1% due to lower shipments of petroleum products and soda ash. UP is closely following tariff developments and their potential to hit consumer spending, says Kenny Rocker, executive vice president of marketing and sales. The railroad has a positive outlook for grain, chemicals, plastics and domestic intermodal traffic and a negative outlook for food and beverage, petroleum, automotive, and international intermodal. Coal is expected to remain stable in the near term. Despite ongoing uncertainty over trade policy and the broader economy, UP affirmed its full-year financial outlook. 'As we look to the next three quarters, it is likely going to be a bumpy ride,' Chief Financial Officer Jennifer Hamann said. But Vena said that was no reason for UP to walk back its forecast, particularly since the railroad is operating well and handles products that consumers and industries use every day. 'The easy thing would've been to come in this morning and just say, 'Listen, there's so much noise, we're pulling our guidance,'' Vena said. 'But we have a job to do, and our job is to react to whatever's thrown at us at Union Pacific.' Traffic volume has continued to hold up so far in the second quarter, and Vena says trade policy will be sorted out sooner or later. 'I've never bet against the United States economy or the United States in general,' he said. 'So at the end of the day, I think we end up in a good place, whether that's in a few weeks or whether that's in six months.' The railroad's key operational metrics improved for the quarter, with record low terminal dwell contributing to a 6% increase in car miles per day. The 215-miles-per-day figure was a first-quarter record. UP's intermodal service performance index dropped 1 point, to 94%, while the manifest service performance index improved 6 points, to 93%. 'We are turning our customers' assets faster, a win-win as we support their growth initiatives while simultaneously generating future growth capacity within our terminals,' says Eric Gehringer, executive vice president of operations. 'Our buffer of resources coupled with improved fluidity … continues to translate into a very high level of service for our customers,' Gehringer said. 'And customers are seeing the benefit, rewarding Union Pacific with new business.' The railroad's injury and train accident rates improved compared to the three-year rolling average, with the injury rate tying a first-quarter record set in 2016. Related: First look: Union Pacific earnings The post Union Pacific posts flat quarterly results despite volume growth appeared first on FreightWaves. Sign in to access your portfolio
