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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 Railroad. UP 2723 leading a train eastbound near inland California. 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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Bailey Yard is the world's largest railroad classification yard. Employees sort, service and repair locomotives and cars headed all across North America. Owned and operated by the Union Pacific Railroad (UP), Bailey Yard is located in North Platte, Nebraska. The yard is named after former Union Pacific president Edd H. Bailey.
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The Union Pacific Corporation has reached an agreement with two of its unions that represent 2,100 hundred rail workers to provide them with multiple days of paid sick leave, a key goal in recent ...
Beginnings: 19th century. 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.
1996-1998: The Union Pacific Corporation finishes the acquisition that was effectively begun almost a century before with the purchase of the original Southern Pacific railroad by the Union Pacific Railroad in 1901, until divestiture was ordered in 1913. Ironically, although the Union Pacific Corporation was the dominant parent company, taking ...