Official Name: Union Pacific Corporation
Headquarters: Omaha, NE, United States
CEO: Mr. Lance M. Fritz
USD as of April 1, 2022
Union Pacific Corporation, operating as Union Pacific Railroad, more simply known as Union Pacific, is a freight-hauling and passenger railroad transportation company. Founded in 1862, it absorbed a number of other companies to now operate 8,300 locomotives and more than 32,000 route miles of railroads across 23 states in the Western US.
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers. As of December 31, 2021, its rail network included 32,452 route miles connecting Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. The company was founded in 1862 and is headquartered in Omaha, Nebraska.
The Union Pacific Corporation (Union Pacific) 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. Union Pacific was located in New York City from the company's re-founding in 1969 until Drew Lewis became CEO in the mid-1980s. He relocated the corporate headquarters to Bethlehem, Pennsylvania. Later the headquarters was shifted to Dallas, Texas, before relocating the corporate headquarters to Omaha to join the Union Pacific Railroad headquarters. Lance M. Fritz is the current chairman, president and chief executive officer. The Union Pacific Corporation has a portfolio of acquiring the Missouri Pacific Railroad which included the Missouri–Kansas–Texas Railroad, the Chicago and North Western Transportation Company, the Western Pacific Railroad, the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway, the SPCSL Corporation, and the Southern Pacific Transportation Company. All railroads not including the Southern Pacific Transportation Company were merged into the previous form of the Union Pacific Railroad. As part of the UP-SP merger which included the merging of the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway and the SPCSL Corporation into the previous form of the Union Pacific Railroad, the Union Pacific Corporation merged the previous form of the Union Pacific Railroad into the Southern Pacific Transportation Company and renamed the Southern Pacific Transportation Company to the current form of the Union Pacific Railroad. The Union Pacific Corporation's main competitor is Burlington Northern Santa Fe, LLC, the parent company of BNSF Railway. BNSF is the nation's second largest freight rail network and primarily services the same territory as Union Pacific, west of the Mississippi River. Together, Union Pacific and BNSF have a duopoly on all long-haul freight rail service in the Western United States.
Source: Wikipedia, retrieved on March 31, 2022, 9:06 p.m.
Lance M. Fritz (Chairman, President and CEO)
Revenue: US$19.5 billion (2020)
Operating income: US$7.8 billion (2020)
Net income: US$5.3 billion (2020)
Total assets: US$62.4 billion (2020)
Total equity: US$17.0 billion (2020)
Union Pacific Corporation has the following listings and related stock indices.
Stock: NYSE: UNP
Stock: BCBA: UNPD
Stock: BCBA: UNP
Stock: BMV: UNP
Stock: Bovespa: UPAC34
Stock: FSX: UNP
Stock: MTA: UNP
Stock: XETR: UNP