About Union Pacific Corporation (UNP)

Company Description:

Union Pacific Corporation, through its principal operating company, Union Pacific Railroad, is a rail transportation firm providing freight transportation services across North America. This company serves as a critical link in the global supply chain, operating from West to East Coast with a comprehensive rail network.

Union Pacific was incorporated on July 1, 1862, under the Pacific Railroad Act of 1862, signed by President Abraham Lincoln, and is headquartered in Omaha, Nebraska, United States.

Main Product(s):

Union Pacific's primary product is transportation services, which include freight transportation for agricultural products, automotive, chemicals, coal, industrial products, intermodal containers, and more.

Short History of Union Pacific Corporation:

• 1862 – Union Pacific Railroad was incorporated by an Act of Congress.
• 1869 – The completion of the transcontinental railroad, signifying a major achievement for the company and the country.
• 1970s – Union Pacific became diversified into other industries.
• 1980 – The company refocused on railroad operations, divesting other businesses.
• 1996 – Union Pacific Corporation acquired Southern Pacific Rail Corporation.
• 2019 – Implemented the Unified Plan 2020, a new operating plan to improve efficiency.
• 2023 – Continues to innovate and expand its services while focusing on safety and environmental sustainability.