# Union Pacific Corporation (UNP) Q4 FY2022 Earnings Call Transcript - January 24, 2023 | Roic AI

> Union Pacific's Q4 2022 earnings call, held January 24, 2023, reviewed a challenging year marked by lengthy labor negotiations and customer-facing service issues. Management said freight car velocity has improved since late summer, though with setbacks, and set a goal of consistent service in 2023.

- Date: 2023-01-24 · published 2023-01-24T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/37806-union-pacific-corporation-unp-q4-fy2022-earnings-call-transcript-january-24
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Improving railroad service velocity eases grain car availability and reduces transit delays, which modestly supports farm-to-port grain flows and feed ingredient deliveries.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-01-11 | [Grain Transportation Report, January 11, 2024](https://feedsoft.ai/events/16576-grain-transportation-report-january-11-2024.md) | -1.3% | -5.6% |
| CORN | 2024-02-15 | [Grain Transportation Report, February 15, 2024](https://feedsoft.ai/events/16561-grain-transportation-report-february-15-2024.md) | +0.3% | +4.4% |
| CORN | 2021-06-01 | [Grain Transportation Report, June 24, 2021](https://feedsoft.ai/events/46468-grain-transportation-report-june-24-2021.md) | +5.1% | +2.4% |
| CORN | 2022-04-28 | [Grain Transportation Report, April 28, 2022](https://feedsoft.ai/events/42042-grain-transportation-report-april-28-2022.md) | -7.5% | -2.6% |
| CORN | 2025-07-07 | [STB backs CPKC in grain export dispute with Union Pacific - Trains](https://feedsoft.ai/events/23750-stb-backs-cpkc-in-grain-export-dispute-with-union-pacific-trains.md) | -6.0% | -6.0% |
| SOY | 2024-01-11 | [Grain Transportation Report, January 11, 2024](https://feedsoft.ai/events/16576-grain-transportation-report-january-11-2024.md) | -1.2% | -2.9% |
| SOY | 2021-06-01 | [Grain Transportation Report, June 24, 2021](https://feedsoft.ai/events/46468-grain-transportation-report-june-24-2021.md) | +1.9% | -11.3% |
| SOY | 2022-04-28 | [Grain Transportation Report, April 28, 2022](https://feedsoft.ai/events/42042-grain-transportation-report-april-28-2022.md) | -3.3% | -2.6% |

## Sources

- roic.ai: https://www.roic.ai/quote/UNP/transcripts/2022-year/4-quarter

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.