Union Pacific Q4 net income $1.1 billion
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Quarterly freight revenue decreased 16% compared to Q4 2014.
Quarterly freight revenue decreased 16 percent compared to the fourth quarter 2014, as volume declines, lower fuel surcharge revenue, and negative business mix more than offset core pricing gains.
Union Pacific's 63.2 percent operating ratio was unfavorable by 1.8 points compared to the fourth quarter 2014.
The $1.61 per gallon average quarterly diesel fuel price in the fourth quarter 2015 was 39 percent lower than the fourth quarter 2014.
Quarterly train speed, as reported to the Association of American Railroads, was 27.0 mph, 13 percent faster than the fourth quarter 2014.
The company repurchased 6.6 million shares in the fourth quarter 2015 at an aggregate cost of $586 million. ■