UP shares rise on news of 62.7% operating ratio

(Source: Reuters, January 9, 2019) 

NEW YORK — Union Pacific Corp, the No. 1 U.S. railroad, said on Wednesday that a key measure of performance would come in better than expected for 2018, sending shares up 1.6 percent in after-hours trade. The Omaha, Nebraska-based company said its operating ratio was expected to be 62.7 percent for 2018, a 0.1 point improvement from 2017 after stronger-than-expected international container imports and cost controls bolstered results.

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Thursday, January 10, 2019