Union Pacific CEO on Coal, Freight Rates, Productivity

The video discusses the current state of the commodity market, focusing on coal and natural gas. It highlights the challenges faced by freight volumes due to economic factors like shale energy activity and the strong dollar. The speaker outlines initiatives to improve productivity and efficiency, aiming for a 55% operating ratio. The video also touches on the impact of international relations, particularly with Mexico, on rail networks.

What has been a significant factor in the recent drop in coal prices?

• Decreased electricity consumption

• Increased demand for coal

• Higher oil prices

• Lower natural gas prices

Which area is seeing sequential improvement despite economic challenges?

• Automobile manufacturing

• Grain shipments

• Technology exports

• Retail sales

What is the primary focus of the company's productivity initiatives?

• Expanding into new markets

• Achieving a 55% operating ratio

• Reducing train sizes

• Increasing headcount

How is the company addressing the weak demand environment?

• By increasing prices

• By improving network productivity

• By expanding into Europe

• By reducing customer service

What is the significance of the Mexican rail network for the company?

• It is primarily used for passenger transport

• It is not connected to the US network

• It is a declining market

• It is a growing freight environment