Union Pacific’s third-quarter profit rises on pricing strength

Synopsis Union Pacific showcased impressive third-quarter adjusted profit, primarily fueled by increased fuel surcharge revenue and solid core pricing strategies. The boost in operating revenue reflects their commitment to maintaining pricing discipline and enhancing operational efficiencies. Despite the hurdles posed by geopolitical-driven energy price hikes, US railroads have effectively sustained profitability, benefiting from improved service reliability that attracted new freight volumes while keeping existing customers engaged. Union Pacific reported a jump in third-quarter adjusted profit on Thursday, helped by higher fuel surcharge revenue and core pricing strength, which more than offset cost pressures. The Middle East conflict has pushed energy…