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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.
Union Pacific beats earnings expectations despite revenue challenges in Q4 2024. ... enhancing car miles per employee by 6% to 1,118. Freight car velocity and fuel efficiency also saw marginal ...
In 2003, Union Pacific completed a corporate spin-off and initial public offering of Overnite. In 2005, the company was acquired by United Parcel Service for $1.3 billion. [15] Union Pacific completed the corporate spin-off of Union Pacific Resources, its hydrocarbon exploration subsidiary, in 1996.
Union Pacific reported 7% more fourth-quarter profit as it managed to deliver more shipments with fewer employees and continued to make the railroad more efficient. Wall Street expected Union ...
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.
(Reuters) - Railroad operator Union Pacific said on Wednesday it plans to invest $3.4 billion this year to support safer operations, renew assets and increase capacity.
The headquarters for Union Pacific, called the Union Pacific Center, is located nearby in downtown Omaha, Nebraska. [4] In 1997 the Federal Railroad Administration (FRA) became concerned with the safety of the Union Pacific Railroad. A report found that at the HDC some supervisors were unfamiliar with the areas they were responsible for due to ...
The Lynndyl Subdivision is a rail line owned and operated by the Union Pacific Railroad (UP) in the U.S. state of Utah, running from Salt Lake City southwest to Milford, where the Caliente Subdivision continues towards Los Angeles. [1]