At first glance: Union Pacific revenue

Union Pacific Corp. today saw net income for the second quarter of 2025, $3.15 per diluted share, and net income increased from $1.7 billion, or $2.74 per diluted share in the same period last year.

The most recent quarter includes a $115 million deferred tax benefits, partially offset by a $55 million crew staffing agreement, the Omaha-based carrier said in the release.

Adjusted net income was $1.8 billion, up from $1.7 billion in 2024.

Company (NYSE: UNP) confirmed on Thursday that it is in advanced merger talks with Norfolk Southern (NYSE: NSC) If successful, create the first transcontinental railway.

“We are implementing our strategy, and our second quarter results demonstrate our commitment to leading the industry in setting new standards for safety, service and operational excellence.” “The foundation is built and we are growing together with our customers. There is strong momentum as we continue to maximize the value of our great franchises.”

Quarterly operating revenues rose 2% with an increase in freight volume of $6.2 billion, partially offset by reduced fuel surcharges, business mixes and other revenue cuts. Cargo revenues, excluding fuel surcharges, increased by 6%.

The operating rate is 59%, improving 100 basis points. The adjusted operating rate was 58.1%, improving 230 basis points.

Subscribe to FreightWaves Rail e-Newsletter Get the latest insights on rail freight in your inbox.

Find more articles by Stuart Chirls here.

Related Coverage:

Union Pacific and Norfolk Southern confirm advanced merger consultations

CSX profits drop to lower revenue, higher costs

First look: weaker coal, carroad collides with CSX revenue

When the merger talk gets heated, Deep Bench advises railway regulators

Posts At first glance: Union Pacific revenue It appeared first FreightWaves.