Company type | Public |
---|---|
Industry | Transportation |
Founded | 1969Utah, United States | in
Headquarters | Union Pacific Center, , United States |
Area served | Western and Mid-Western United States |
Key people | |
Revenue | US$24.1 billion (2023) |
US$9.1 billion (2023) | |
US$6.4 billion (2023) | |
Total assets | US$67.1 billion (2023) |
Total equity | US$14.8 billion (2023) |
Number of employees | 31,490 (2023) |
Subsidiaries | Union Pacific Railroad |
Website | up |
Footnotes / references Financials as of December 31, 2023[update]. References:[1] |
Union Pacific Corporation is a publicly traded railroad holding company. It is incorporated in Utah and is headquartered in Omaha, Nebraska. Its only operating subsidiary is Union Pacific Railroad.[1] Along with BNSF Railway, owned by Berkshire Hathaway, the companies have a near-duopoly on freight railroad transportation west of the Mississippi River.[2]
The corporate entity currently called Union Pacific Corporation was incorporated in 1969 as a holding company.
Notable companies acquired by Union Pacific and merged into Union Pacific Railroad include Missouri Pacific Railroad which included the Missouri–Kansas–Texas Railroad, the Chicago and North Western Transportation Company, the Western Pacific Railroad, the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway, the SPCSL Corporation, and the Southern Pacific Transportation Company.