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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.
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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 ...
While all Union Pacific employees receive some form of paid leave, the proposed agreement will provide the union members an additional five paid sick days annually, prorated for 20.
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 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 ...
This page was last edited on 14 January 2022, at 04:45 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.