UP seeks operating ratio of 55%

(Source: Railway Age, May 5, 2021)

NEW YORK — At Union Pacific’s Investor Day, where achievements in operational efficiency, benefits of PSR implementation, shareholder returns and financial outlook were discussed, management predicted that the railroad will achieve a 55% OR (operating ratio) by 2022. As a result, Cowen and Company modestly adjusted its 2022 assumptions.

Full story: Railway Age

Thursday, May 6, 2021