Lance M. Fritz
Chairman, President & CEO
Robert M. Knight Jr.
Executive VP & CFO
Cameron A. Scott
Executive VP & COO of Union Pacific Railroad Company
Union Pacific was founded in the year 1862. The organisation has been active for almost 157 years now. The organisation was established under the Pacific Railroad Act of 1862. The act was approved by the president of the USA, known as Abraham Lincoln. The line of the railroads was constructed by the Irish labours, who had learned their craft during the Civil War. During that time, Dr Thomas Clark Durant was the dominant stockholder. Union Pacific was also the centre of the Crédit Mobilier scandal, which had happened in the year 1872. Union Pacific continued to expand, and the company was purchased by a dominant stockholder, named Jay Gould, in the year 1880. During the panic of the year 1893, the organisation had declared bankruptcy. Therefore, a new Union Pacific Railroad was established, and the old Union Pacific Railway was absorbed into that organisation.
During the 20th century, the organisation started to establish a railroad transportation system in the central and also the Salinas Valley of California, so that the farmers living there could sell their excess production in markets other than their local markets. In the year 1906, the Pacific Fruit Express was founded, which was the world’s largest lessee of numerous refrigerated railcars during that time. As of the year 1925, the organisation’s network had operated about more than 9,80 route miles along with 15,265 track miles as well. Even in the year 1980, these numbers had remained consistent as well. In the year 1982, the organisation had acquired Western Pacific railroads as well as Missouri Pacific railroads as well. By the year 1993, the organisation was operating around more than 17,800 route miles. In the year 1995, the organisation had merged with the Burlington Northern, Chicago and North Western and ATSF railway organisations. The headquarters of the organisation is based in 1400 Douglas Street. The name of the place is Omaha, while the name of the state is Nebraska, USA. The pin code of the area is 68179.
Union Pacific is an American organisation that focuses on the primary operations of the railway operating under the Union Pacific Corporation. The organisation operates via road locomotives, passenger railcars as well as yard locomotives as well. The area covered by the organisations' services includes from Chicago, along the Mississipi River to the Pacific Coast. The railway system of the organisation has a length of almost 32,100 miles. The main competitor of the organisation is the BNSF Railway, along with which Union Pacific, maintains a duopoly in all the transcontinental freight rail lines operating in the USA. The organisation is the second largest transportation company, besides BNSF Railway. The organisation is very well known for delivering the most innovative and powerful locomotives during its era.
The primary services provided by the company include allowing customers to obtain various kinds of freight and railway services, provided by the organisation itself. The organisation, along with its 8,500 locomotives operates in around 23 states of the USA, towards the west of Chicago and also New Orleans.
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