Union Pacific Railroad

Union Pacific Railroad

Union Pacific intermodal train

Union Pacific Railroad is a U.S. Class I railroad owned by Union Pacific Corporation operating 31,800 route miles of track and covering 23 states in the western two-thirds of the United States. The railroad operates from all major U.S. West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways.

UP operates 8,300 locomotives and employs 46,500 individuals, providing service to approximately 10,000 customers. The company reported 2013 revenue of $22 billion — up 5 percent year-over-year.

The Omaha, Nebraska-based railroad was incorporated in 1862 under the Pacific Railroad Act of 1862. The company has grown by acquiring other railroads, including the Missouri Pacific, Chicago and North Western, Western Pacific, and several more. UP also owns 26 percent of Mexico-based Ferromex.

The company recorded second quarter 2014 revenue of $6.02 billion, up 10 percent from year-earlier revenue of $5.47 billion. 2014 half-year results included total revenue of $11.65 billion, up 8 percent from the previous year.

Union Pacific Railroad has added 11 intermodal train starts between Northern California and Portland, Oregon, and Chicago in 2014, in hopes of grabbing business from key competitor BNSF Railway. Its new services are geared to domestic intermodal volume and build on the success UP has had in handling more 53-foot container traffic.

10 Sep 2014
A $20 million federal grant will help the Port of Seattle extend upgrade equipment to handle two post-Panamax vessels at once.
Intermodal train
22 Aug 2014
The U.S. rail regulatory agency is asking the seven major U.S. and Canadian railroads, along with short lines, to explain how they will handle the expected surge of intermodal traffic, noting the situation has been “challenging.”
12 Aug 2014
Despite the loss of a refrigerated rail pioneer, other operators say they are still growing and that they’re better shielded from poor rail performance than Cold Train was.
04 Aug 2014
An announcement last week that a Chinese consortium would build a rail line connecting a planned port on Mexico’s Pacific Coast to a manufacturing hub along the U.S. border was heavy on fanfare but short on details.
Weekly wrap-up for August 2, 2014
02 Aug 2014
Port Metro Vancouver’s penalty system for terminals is cutting truck turn times and drawing attention from other North American ports struggling with drayage challenges. And congestion seen earlier this year at Rotterdam has continued, prompting diversions and surcharges, and the congestion is spreading to other ports in the North Europe range.
Union Pacific intermodal train
27 Jul 2014
Union Pacific management hopes that the company’s grab of rail business from its main competitor, BNSF, will translate into more long-term business for UP in the future.
Images for weekly wrap-up
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
18 Jul 2014
After seeing “substandard” intermodal rail service cut its container utilization in the second quarter, the Hub Group expects gradual service improvement from its main partners...
UP intermodal train
20 Jun 2014
Union Pacific Railroad has added 11 intermodal train starts between Northern California and Portland, Oregon, and Chicago this year, potentially allowing the carrier to grab business from customers frustrated with BNSF’s ailing service.
12 Jun 2014
Cargo growth at a major intermodal complex outside of Chicago has triggered a fight between the developer and users of the inland port and a village fearful of accidents caused by the increased congestion.
UP intermodal train
08 May 2014
Union Pacific Railroad appears to be taking advantage of shippers’ frustrations with BNSF Railway service between the Pacific Northwest and Chicago — one of the busiest North American intermodal lanes — by launching its own service between Portland and Chicago.