Union Pacific CEO on Norfolk Southern deal, innovation, and railroad career opportunities

Workforce & Compensation - Union Pacific doesn't have a problem attracting people due to the type of jobs and compensation [3][4] - 18% of Union Pacific's workforce are veterans [5] - Union Pacific's jobs, including benefits and salaries, average $140,000 to $150,000 per year [7] Demand & Economy - Consumer demand is still strong, with Union Pacific moving approximately 500 products daily [12] - Union Pacific's overall business volume is up a few percentage points year-over-year [13] - Increased domestic manufacturing is viewed as positive for the economy and workforce [9][10] Merger & Supply Chain - Union Pacific anticipates submitting a formal merger application with North Fork Southern in 4 to 6 weeks [15] - The STB review process for the merger could take until the end of 2026 [15] - The merger aims to create a seamless transcontinental railway system, benefiting customers and guaranteeing jobs for unionized employees [16][17]