Union Pacific Corporation (UNP) Discusses State of the Railroad and Progress on UPO Southern Merger Transcript

SA Transcripts 162.07K Followers Follow Union Pacific Corporation ( UNP ) Discusses State of the Railroad and Progress on UPO Southern Merger September 1, 2026 1:00 PM EDT Company Participants Vincenzo Vena - CEO & Director Jennifer Hamann - Executive VP & CFO Conference Call Participants David Vernon - Bernstein Institutional Services LLC, Research Division Presentation David Vernon Bernstein Institutional Services LLC, Research Division All right. Good afternoon, everyone, and thank you for joining us. My name is David Vernon. I'm the Bernstein analyst covering transports, railroads, airlines, all things freight and passenger related. We are thrilled to be hosting Union Pacific today for a bit of a fireside chat. We'll catch up on the state of the railroad and also talk about the sort of next steps in the UP Norfolk Southern merger. CEO, Jim Vena, CFO, Jennifer Hamann, are here joining us. They're going to kick us off with some prepared remarks. To the extent that you want to have some questions, work them into the chat, you can do that either through the Pigeonhole link that you should have had e-mailed to you when you're registered or you can try to hit me on Bloomberg, and I'll try to keep track of kind of where we are so that we can get as much client input into the conversation as we can. With that, thank you both for joining us. I'm going to hand it over to you, and you can kick us off with some prepared remarks. Vincenzo Vena CEO & Director Well, David, thank you very much, and great day here. I look outside and the weather is just perfect for September 1 for railroading anyways. That's the way I look at it. I don't really look at it on whether it's beach weather or holiday weather. It's how good is it for railroading and I like it, just about