Union Pacific's third-quarter profit rises on pricing strength

Union Pacific reported higher adjusted profit for the third quarter, mainly driven by increased fuel surcharge revenue and firm core pricing. The company said the rise in operating revenue reflects its commitment to pricing discipline and efforts to improve operational efficiency.

The results come despite higher energy prices linked to geopolitical developments. The source notes that US railroads have largely sustained profitability in this environment.

Improved service reliability helped the railroad attract new freight volumes while keeping existing customers engaged, according to the report.