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Union Pacific Corporation is a publicly traded railroad holding company.It was incorporated in Utah in 1969 and is headquartered in Omaha, Nebraska.It is the parent company of the current, Delaware-registered, form of the Union Pacific Railroad, and the company, along with Berkshire Hathaway-owned rival BNSF, has a near-duopoly on freight railroad transportation west of the Mississippi River.
Union Pacific, one of the U.S. largest railroad operators, reported better-than-expected profit in the last quarter of 2020 as shipments recovered from the COVID-19 pandemic slump.
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 is the second largest railroad in the United States after BNSF, with which it shares [2] a duopoly on ...
Beginnings: 19th century. [edit] 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.
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In addition to the hiring news, Union Pacific said its second-quarter profit declined 14.5% to $1.5.7 billion, or $2.57 per share, as it hauled 2% less freight and dealt with rising costs ...
Today, Union Pacific is one of America's top railroad companies, with roughly 32,000 miles covering 23 states in the Western two-thirds of the country. As of the end of 2012, it employed 45,700 ...
The Union Pacific is a corporation of Utah, having its home office at Salt Lake City, Utah, and its executive and general offices at New York, N. Y., and Omaha, Nebr., respectively. January 9, 1912, the corporate books and subsidiary records of the company were destroyed by fire. New corporate books were opened as of June 30, 1911.