- Union Pacific (NYSE:UNP) CFO Robert Knight is presenting today at the Cowen & Company 12th Annual Global Transportation Conference.
- In a SEC filing issued before the talk, Union Pacific confirms the expectation of a sub-sixty-one percent operating ratio result for the full year and says it now anticipates volume for the second half to be down mid-single digits from a year ago vs. a prior forecast for down 2%.
- UNP noted the trade war between the U.S. and China has hurt Q3 volume due to softer soybean and international container demand in particular.
- Shares of UNP are flat in premarket trading at $159.33.