Union Pacific reported 2019 third-quarter net income of $1.6 billion – $2.22 per diluted share – compared to $1.6 billion, or $2.15 per diluted share, in the third quarter of 2018. “Given the challenging volume environment we delivered solid third quarter financial results, including an all-time best quarterly operating ratio of 59.5 percent,” said Lance Fritz, UP chairman, president and CEO. “The work our employees are doing as part of Unified Plan 2020 is foundational to the company’s success and I am confident there are additional improvement opportunities going forward for our customers and shareholders.”
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