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.

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.
20 Feb 2015
U.S. intermodal volumes are declining, while Canadian shipments increase, a sign that more shippers are diverting cargo from the U.S. West Coast north to ports in British Columbia.
05 Feb 2015
Union Pacific Railroad’s has promoted its president and chief operating officer to CEO.
04 Feb 2015
Saia's $25 million purchase of LinkEx, an intermodal logistics firm with international and domestic U.S. business, reflects growing interest in global freight among U.S. LTL carriers.
30 Jan 2015
A key metric of U.S. intermodal rail service continues to show improvement even as volume builds, giving shippers a better shot of seeing the level of service they saw in 2012-2013 as soon as the spring.
27 Jan 2015
Norfolk Southern Railway said poor network velocity cost it some domestic intermodal volume in the fourth quarter, but the railroad said overall service has turned a corner, allowing it to better handle expected domestic and international intermodal traffic growth this year.
Union Pacific train at grain silos
26 Jan 2015
Grain handlers in the northern Midwest say they are getting faster rail service, speeding soybean exports to the Pacific Northwest.
23 Jan 2015
Kansas City Southern Railway’s intermodal traffic increased 8 percent year-over-year in the fourth quarter of 2014, despite congestion from other U.S. railroads and cross-border diversions that cost it some volume.
22 Jan 2015
Union Pacific Railroad said U.S. West Coast port congestion will remain a drag on its volume growth until the International Longshore and Warehouse Union and waterfront employers agree to a contract.
22 Jan 2015
Construction began this week on a rail link that will connect a 360-acre logistics hub being built at a former Army base at the Port of Oakland with Union Pacific’s main line.
16 Jan 2015
Barring a relapse of intermodal service woes, few shippers are expected to shift their freight back to trucking
14 Jan 2015
The potential impact of a U.S. West Coast port lockout on intermodal service - should it come to that - varies by expert but analysts agree that the railroads will act fast and decisively if it does occur.