Union Pacific (NYSE: UNP) reported a 4% increase in revenue carloads, reflecting stronger demand across its network. The company achieved an adjusted operating ratio of 58.1%, an improvement of 230 basis points from the previous year, indicating enhanced operational efficiency.

(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s interest in acquiring Norfolk Southern sparked a wave of deal preparations that could reshape the U.S. freight rail industry, sources said.

Union Pacific Corporation (NYSE: UNP) is one of the 12 Best Logistics Stocks to Buy According to Hedge Funds. On July 16, Union Pacific Corporation (NYSE:UNP) announced a 3% increase in its dividend for the third quarter of 2025. The company’s Board of Directors voted to raise the quarterly dividend on the common shares to $1.38 per share.

However, just two years ago, the STB approved the first major rail merger in more than two decades. In that deal, which was supported by big shippers, Canadian Pacific acquired Kansas City Southern for US$31-billion to create the CPKC railroad.

The report by news website Semafor said Union Pacific, which operates in 23 western states, was working with investment bankers at Morgan Stanley to pursue a deal with one of the two major eastern railroads, CSX or Norfolk Southern. Union Pacific CEO Jim Vena has made public comments about his interest in creating a transcontinental railroad.

We recently published Jim Cramer Recently Talked About These 10 Stocks. Union Pacific Corporation (NYSE:UNP) is one of the stocks Jim Cramer recently discussed. Union Pacific Corporation (NYSE:UNP) is one of the largest railroad companies in America.