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Railroad behemoth
Union Pacific (NYSE:UNP) demonstrated convincingly on Wednesday that its interpretation of precision scheduled railroading (PSR) has provided a lasting boost to its efficiency and its bottom line.
The rail giant released its fourth-quarter 2020 financial scorecard before the markets opened, and though UNP stock closed the day down 4.7%, investors in for the long haul should be more than pleased with the company s results and rail-operating metrics over the last three months.
Operator
Greetings and welcome to Union Pacific s Fourth Quarter 2020 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded and the slides for today s presentation are available on Union Pacific s website.
It is now my pleasure to introduce your host, Mr. Lance Fritz, Chairman, President and CEO for Union Pacific. Mr. Fritz, you may now begin.
Lance M. Fritz
Chairman, President and Chief Executive Officer
Thank you very much, Rob, and good morning everybody and welcome to Union Pacific s fourth quarter earnings conference call. I apologize for the delay. Our service provider was experiencing technical difficulties this morning. We will handle any necessary and appropriate public disclosures after the call.