OMAHA, Neb. — Union Pacific Corporation reported the 2014 second quarter net income of $1.3 billion, or 
$1.43 per diluted share, compared to $1.1 billion, or $1.18 per diluted share, in the second quarter of 2013.
“Union Pacific achieved record quarterly financial results, leveraging the strengths of our diverse franchise to handle strong demand in the face of challenging operating conditions,” said Jack Koraleski, Union Pacific chief executive officer. “We were pleased to see strong volume growth which, combined with solid core pricing, drove more than a two-point improvement in our Operating Ratio to a record 63.5 percent for the quarter.”
Operating revenue increased 10 percent in the second quarter of 2014 to $6 billion, versus $5.5 billion in the second quarter of 2013. Second quarter business volumes, as measured by total revenue carloads, increased 8 percent compared to 2013. Volume increased in agricultural products, intermodal, industrial products, automotive and coal. Chemical volumes declined slightly versus 2013, as a reduction in crude oil shipments more than offset growth in base chemicals.
Union Pacific operates about 25 trains per day in Reno County. Other companies with ties to the Hutchinson area that will make their financial reports include Eaton, July 24th ; Siemens, July 31st; and Kroger, September 11th.