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On January 24, 1880, Union Pacific Railroad was consolidated with Kansas Pacific Railway and Denver Pacific Railway under a new holding company called Union Pacific Railway. Jay Gould controlled all three railroads but, after leveraging the company and paying large dividends, Gould sold a large stake that year.
The original company, Union Pacific Rail Road (UPRR), was created and funded by the federal government by Pacific Railroad Acts of 1862 and 1864. The laws were passed as war measures to forge closer ties with California and Oregon, which otherwise took six months to reach.
The Union Pacific Railroad (reporting marks UP, UPP, UPY) is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U.S. states west of Chicago and New Orleans.
Thomas Clark Durant (February 6, 1820 – October 5, 1885) was an American physician, businessman, and financier. He was vice-president of the Union Pacific Railroad (UP) in 1869 when it met with the Central Pacific railroad at Promontory Summit in Utah Territory.
Oliver Ames Jr. served as president of Union Pacific Railroad (UP) while the railroad was busy building the First transcontinental railroad in North America. He was its president pro tem from 1866 until 1868, and was formally elected president of the company on March 12, 1868. He continued as president until March 8, 1871. [5]
Edward H. Harriman – President of the Union Pacific and the Southern Pacific, and directed the unification of both railroads; James J. Hill – Founder of the Great Northern Railway, builder of first transcontinental railroad without federal subsidies or land grants; Cyrus K. Holliday – Founder of the Atchison, Topeka and Santa Fe Railway
President, CEO and chairman of Union Pacific Railroad James Ruesch Young (October 24, 1952 — February 15, 2014) was an American railroad executive who was the president, chief executive officer and chairman of the board for Union Pacific Railroad from 2006 to his death in February 2014.
Anschutz has had several other business ventures, including Forest Oil, Pacific Energy Group, Union Pacific Railroad (he is the company's largest shareholder, with a 6% stake), and the Regal Entertainment Group, the second largest movie theater chain in the world, with approximately 7,000 screens. Anschutz owns more than half of the company ...