Union Pacificreason 04 of 4a reason to hold, not a barrierderived 2026-09-11accession 0000100885-26-000250
Operating ratio of 59.7% deteriorated 0.7 points primarily resulting from the impact of higher fuel prices
Operating income increased 9% to $2.8 billion reflecting top-line growth
Average price per gallon increased 60% compared to last year as a result of supply chain pressures
We expect our capital plan to be approximately $3.3 billion in 2026
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
“Operating ratio of 59.7% deteriorated 0.7 points primarily resulting from the impact of higher fuel prices”
“Operating income increased 9% to $2.8 billion reflecting top-line growth”
“Average price per gallon increased 60% compared to last year as a result of supply chain pressures”
“We expect our capital plan to be approximately $3.3 billion in 2026”
what it was checked against
60% fuel price increase from supply chain pressures
“Operating expenses increased 13% compared to the second quarter of 2025 primarily due to higher fuel prices, as we experienced a 60% increase in the average price per gallon compared to last year as a result of supply chain pressures.”