Union Pacificreason 02 of 4it owns a thing that cannot be built or permitted twicederived 2026-09-11accession 0000100885-26-000250
The Railroad, along with its subsidiaries and rail affiliates, is our one reportable business segment due to the integrated nature of the rail network
Mexico freight revenues increased 10% to $828 million in the second quarter of 2026
Domestic intermodal growth was up 19% in the quarter due to business development and reduced truck market capacity
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedfive sentences · whole, uncut
the claims it rests on
The Railroad, along with its subsidiaries and rail affiliates, is our one reportable business segment due to the integrated nature of the rail network
Mexico freight revenues increased 10% to $828 million in the second quarter of 2026
Domestic intermodal growth was up 19% in the quarter due to business development and reduced truck market capacity
what it was checked against
integrated network rationale
Although revenues are analyzed by commodity, we analyze the net financial results of the Railroad as one segment due to the integrated nature of the rail network.
domestic intermodal growth rate
Second quarter of 2026 volume growth was attributable to a 19% increase in domestic intermodal combined with higher grain and grain products and plastics carloads, offsetting the impact of lower international intermodal carloads and coal carloads, which declined 14% and 17%, respectively, compared to the second quarter of 2025.
Union Pacific (UNP) — scarcity asset, read against the 10-Q