Joe Hafling's questions to Union Pacific Corp (UNP) leadership • Q4 2024
Question
Joe Hafling of Jefferies asked for specific examples of how a potential reduction in regulatory burden could benefit Union Pacific's operations and efficiency.
Answer
CEO Vincenzo Vena explained that the most significant benefit would come from the approval of long-outstanding regulatory waivers. These waivers are tied to technology the company has already implemented, which would unlock further efficiency, improve service, and enhance productivity. He noted that some of these applications have been pending for years.