The "best ever" second quarter results were supported by a healthy intermodal freight revenue increase of 10 per cent to make $1 billion with 846 containers moved, an increase of three per cent year on year. Average revenue per carload increased seven per cent to $1,108. This offset the drop in coal volumes of 17 per cent.
By combining solid pricing against efficient networks improving train speed by two per cent and productivity gains, the Omaha-based railway was able to make its "best-ever quarter by nearly every financial measure," said UP chief executive Jack Koraleski.