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The current holding company, Union Pacific Corporation, was established in 1969 with its incorporation in Utah as a holding company for the railroad and other subsidiaries. [3] In 1982, Union Pacific Corporation acquired Missouri Pacific Railroad, which included the Missouri–Kansas–Texas Railroad, and the Western Pacific Railroad.
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.
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.
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.
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.
The financial problems caused the Southern Pacific Transportation Company to be taken over by the Union Pacific Corporation; the parent Southern Pacific Rail Corporation (formerly Rio Grande Industries), the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway and the SPCSL Corporation were also taken over by the Union ...
The Union Pacific heritage fleet includes commemorative and historic equipment owned by the Union Pacific Railroad.The fleet currently consists of two historic steam locomotives, three historic diesel locomotives, seventeen modern diesel locomotives in historic or commemorative paint schemes and nearly four dozen passenger cars used on office car specials and excursion trains.
In 1988, the Rio Grande railroad purchased the Southern Pacific Railroad under his direction. With the merger of the Southern Pacific and Union Pacific Corporation in September 1996, Anschutz became vice-chairman of Union Pacific. Before the merger, he was a director of Southern Pacific from June 1988 to September 1996, and non-executive ...