Union Pacific Corporation maintains a neutral stance, as stated by UBS. The company is a leading player in rail transportation, with a strong emphasis on the movement of goods.

In its most recent financial breakdown, the transportation of goods accounted for 93.6% of net sales. This includes industrial products (36.5%), agricultural products, food, fertilizers, and coal (32.6%), as well as intermodal transportation and vehicle transport (30.9%). Union Pacific has the largest rail network in North America, covering 83,891 kilometers across 23 states. The company operates a significant fleet, which includes 7,154 locomotives, 59,189 freight cars, and 47,984 containers, highlighting its crucial role in the logistics and transportation sector.

Union Pacific Corporation's extensive rail network and fleet make it a key player in the transportation and logistics sector. With a focus on the movement of goods, the company's net sales are primarily driven by the transportation of industrial products, agricultural products, food, fertilizers, coal, as well as intermodal transportation and vehicle transport. Its strong presence in North America, with a rail network spanning 23 states, further solidifies its position in the industry.