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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.
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.
Union Pacific Corporation is a publicly traded railroad holding company. It is incorporated in Utah and is headquartered in Omaha, Nebraska. Its only operating subsidiary is Union Pacific Railroad. [1] Along with BNSF Railway, owned by Berkshire Hathaway, the companies have a near-duopoly on freight railroad transportation west of the ...
Union Pacific said Thursday that the result was an unanticipated 33% jump in the number of shipping containers filled with imports that it delivered in the third quarter, which helped drive a 6% ...
Back in 2015 before a series of cuts designed to make the railroad more efficient, Union Pacific employed 8,791. That means each maintenance worker will now have about 11 miles (17.7 kilometers ...
The Union Pacific Railroad's M-10003, M-10004, M-10005, and M-10006 were four identical streamlined 2-car power car diesel-electric train sets delivered in May, June, and July 1936 from Pullman-Standard, with prime movers from the Winton Engine Corporation of General Motors and General Electric generators, control equipment and traction motors.
The railroad improved its bottom line even though it had an additional one-time cost related to some buyouts of brake persons in one region that added $40 million in costs. Wall Street expected Union Pacific to report earnings per share of $2.80 on average, according to the survey of analysts FactSet Research did.
Union Pacific's new CEO Jim Vena just took over the top spot at the railroad last month. Union Pacific has a network of 32,400 miles (52,000 kilometers) of track in 23 Western states.
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