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.

21 Jan 2016
Union Pacific Railroad said high inventories, a decline in premium shipments and sluggish retail sales are pulling down its intermodal volume and revenue from the hauling of containers.
19 Jan 2016
Canadian Pacific Railway has asked the U.S. Department of Justice to investigate a “collective campaign” spearheaded by other major railroads to block its increasingly hostile stock-and-cash bid for Norfolk Southern Railway.
14 Jan 2016
Canadian Pacific and Norfolk Southern railway would have to convince U.S. rail regulators that a potential merger won’t set off a wave of Class I consolidation in order to get the greenlight, U.S. Surface Transportation Board Chairman Daniel Elliott said Thursday.
14 Jan 2016
Canadian Pacific Railway criticized the head of Union Pacific Railroad for pledging to try to stop Class I industry consolidation, pointing out that the U.S. Western railroad became the largest in North America because of numerous mergers and has praised consolidation.
13 Jan 2016
The top executive at the largest U.S. railway said Wednesday he will do everything within his power to prevent further consolidation within the Class I rail industry, the likes of which has been suggested with the proposed tie-up of Canadian Pacific and Norfolk Southern railways.
13 Jan 2016
Just as Class I railroads announce service has finally recovered to 2013 levels, harsh winter weather is testing their improved train speeds and dwell times.
12 Jan 2016
With weaker carload volume due to lagging industrial and energy sectors and intermodal revenue despite volume growth, CSX Transportation’s release of its fourth quarter earnings Tuesday sent a warning to the Class I industry.
22 Dec 2015
The ports of Los Angeles and Long Beach are taking a fresh look at short haul-rail of containers to an inland cluster of distribution centers as a way to combat systemic congestion at the largest North American container gateway.
22 Dec 2015
U.S. and Canadian rail regulators will be getting an earful from shippers on either side of the border if a proposed Canadian Pacific and Norfolk Southern railway merger goes through.
22 Oct 2015
Months after the protracted labor negotiations that disrupted port operations on the U.S. West Coast came to an end, Union Pacific Railroad said West Coast diversions were still taking a toll on intermodal volume in the third quarter.
30 Sep 2015
Booming business at Union Pacific Railroad’s intermodal ramp in North Laredo, Texas is spurring a $90 million expansion at the facility tapping U.S.-Mexico cross-border trade.
23 Jul 2015
Increased intermodal traffic and higher rates on cargo weren’t enough to offset significant overall freight and coal losses in the second quarter for Union Pacific Railroad.