The railroad industry's main competition, the trucking industry, faces continued high labor and fuel costs. Railroads are implementing technological improvements, and are already three times as fuel-efficicent as trucks.
UNP's Unified Plan and continued technological improvements have helped UNP improve their operations ratio by 5% and operating income by 60% over the last year.
UNP's Unified Plan and continued technological improvements have helped UNP improve their operations ratio by 5% and operating income by 60% over the last year.
High demand for coal, strong international trade, and a growing ethanol demand has driven higher revenues in the energy, intermodal, and agricultural segments, respectively.