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Union Pacific is trimming the ranks of the railroad's management employees as part of the new CEO's push to eliminate layers of bosses involved in decision making. The railroad, based in Omaha ...
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 ...
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.
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.
Union Pacific is still locked in negotiations between rail workers and freight railroads over a new labor contract, the CEO said."I wish we could have gotten an agreement earlier in the process ...
Union Pacific's new CEO Jim Vena started Monday by promising to improve safety and service to help the railroad grow, but he cautioned that “the road ahead won't be an easy one.” Vena helped ...
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