About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company (UPRR or the Railroad), engages in the railroad business in the United States. Union Pacific Railroad Company connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. The Railroad’s diversified business mix includes Bulk, Industrial, and Premium. The company serves many of the fastest-growing U.S. population centers, operates from all major 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. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient, and environmentally responsible manner. Operations The Railroad, along with its subsidiaries and rail affiliates, is the company’s one reportable operating segment. Operations – UPRR is a Class I railroad operating in the U.S. The company has 32,693 route miles, connecting Pacific Coast and Gulf Coast ports with the Midwest and Eastern U.S. gateways and providing several corridors to key Mexican and Canadian gateways. The company serves the western two-thirds of the country and maintain coordinated schedules with other rail carriers to move freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada, and Mexico. Export and import traffic moves through Gulf Coast, Pacific Coast, and East Coast ports and across the Mexican and Canadian borders. Bulk – The company's Bulk shipments consist of grain and grain products, fertilizer, food and refrigerated, and coal and renewables. In 2023, this group generated 33% of the company’s freight revenues. The company accesses most major grain markets, connecting the Midwest and Western U.S. producing areas to export terminals in the Pacific Northwest and Gulf Coast ports, as well as Mexico. The company also serves significant domestic markets, including grain processors, animal feeders, ethanol, and renewable biofuel producers in the Midwest and West. Fertilizer movements originate in the Gulf Coast region, Midwest, Western U.S., and Canada (through interline access) for delivery to major agricultural users in those areas, as well as abroad. The Railroad’s network supports the transportation of coal shipments to independent and regulated power companies and industrial facilities throughout the U.S. Through interchange gateways and ports, UPRR’s reach extends to Eastern U.S. utilities as well as to Mexico and other international destinations. Coal traffic originating in the Powder River Basin (PRB) area of Wyoming is the largest portion of the Railroad’s coal business. Renewable shipments for customers committed to sustainability consist primarily of biomass exports and wind turbine components. Industrial – The company’s extensive network facilitates the movement of numerous commodities between thousands of origin and destination points throughout North America. The Industrial group consists of several categories, including construction, industrial chemicals, plastics, forest products, specialized products (primarily waste, salt, and roofing), metals and ores, petroleum, liquid petroleum gases (LPG), soda ash, and sand. Transportation of these products accounted for 36% of its freight revenues in 2023. Commercial, residential, and governmental infrastructure investments drive shipments of steel, aggregates, cement, and wood products. Industrial and light manufacturing plants receive steel, nonferrous materials, minerals, and other raw materials. The industrial chemicals market consists of a vast number of chemical compounds that support the manufacturing of more complex chemicals. Plastics shipments support automotive, housing, and the durable and disposable consumer goods markets. Forest product shipments include lumber and paper commodities. Lumber shipments originate primarily in the Pacific Northwest or Western Canada and move throughout the U.S. for use in new home construction and repairs and remodeling. Paper shipments primarily support packaging needs. Oil and gas drilling generates demand for raw steel, finished pipe, stone, and drilling fluid commodities. The company’s petroleum and LPG shipments are primarily impacted by refinery utilization rates, regional crude pricing differentials, pipeline capacity, and the use of asphalt for road programs. Soda ash originates in southwestern Wyoming and California, destined for chemical and glass producing markets in North America and abroad. Premium – In 2023, Premium shipments generated 31% of Union Pacific’s total freight revenues. Premium includes finished automobiles, automotive parts, and merchandise in intermodal containers, both domestic and international. International business consists of import and export traffic moving in 20 or 40-foot shipping containers, that mainly pass through West Coast ports, destined for one of the company's many inland intermodal terminals. Domestic business includes container and trailer traffic picked up and delivered within North America for intermodal marketing companies (primarily shipper agents and logistics companies) as well as truckload carriers. The company is the largest automotive carrier west of the Mississippi River and operate or access 39 vehicle distribution centers. The Railroad’s extensive franchise accesses six vehicle assembly plants and connects to West Coast ports, all six major Mexico gateways, and the Port of Houston to accommodate both import and export shipments. In addition to transporting finished vehicles, the company provides expedited handling of automotive parts in both boxcars and intermodal containers destined for Mexico, the U.S., and Canada. Seasonality – Some of the commodities the company carries has peak shipping seasons, reflecting either or both the nature of the commodity (such as certain agricultural and food products that have specific growing and harvesting seasons) and the demand cycle for the commodity (such as intermodal traffic that generally peaks during the third quarter to meet back-to-school and holiday-related demand for consumer goods during the fourth quarter). Railroad Security – The company’s security efforts consist of a wide variety of measures, including employee training, engagement with its customers, training of emergency responders, and partnerships with numerous federal, state, and local government agencies. While federal law requires the company to protect the confidentiality of its security plans designed to safeguard against terrorism and other security incidents, the following provides a general overview of its security initiatives. UPRR Security Measures – The company maintains a comprehensive security plan designed to both deter and respond to any potential or actual threats as they arise. The plan includes four levels of alert status, each with its own set of countermeasures. The company operates an emergency response management center 24 hours a day. Cooperation with Federal, State, and Local Government Agencies – The company works closely on physical and cybersecurity initiatives with government agencies, including the U.S. Department of Transportation (DOT); the Federal Bureau of Investigation (FBI); the Department of Homeland Security (DHS), along with its Cybersecurity and Infrastructure Security Agency (CISA) and the TSA; as well as local police departments, fire departments, and other first responders. Based on guidance from the TSA, starting from January 1, 2022, the company was obligated to report cyber incidents to CISA. Additionally, the company appointed cybersecurity coordinators, conducted a self-assessment of its cyber vulnerabilities, and put in place a plan to respond to cyber incidents. The company is awaiting approval of its security plan before progressing with the establishment of a cybersecurity assessment plan, which will describe how it proactively and regularly evaluates the effectiveness of its cybersecurity measures, as well as identify and address any weaknesses in its devices, networks, and systems. The company works with the Coast Guard, U.S. Customs and Border Protection (CBP), and the Military Transport Management Command, which monitor shipments entering the UPRR rail network at U.S. border crossings and ports. Cooperation with Customers and Trade Associations – Through TransCAER (Transportation Community Awareness and Emergency Response), the company works with the AAR, the American Chemistry Council, the American Petroleum Institute, and other chemical trade groups to provide communities with preparedness tools, including the training of emergency responders. In cooperation with the FRA and other interested groups, the company is also working to develop additional improvements to tank car design that will further limit the risk of releases of hazardous materials. Strategy Safety, service, and operational excellence supports the company's long term initiative to grow its freight volumes. Together as a team, the company will focus on achieving the best safety record in the industry, being known for superior service. Governmental and Environmental Regulation The operations of the Railroad are subject to the regulations of the FRA and other federal and state agencies, as well as the regulatory jurisdiction of the Surface Transportation Board (STB). The company is subject to federal and state environmental statutes and regulations pertaining to public health and the environment. The statutes and regulations are administered and monitored by the Environmental Protection Agency (EPA) and by various state environmental agencies. The primary laws affecting the company’s operations are the Resource Conservation and Recovery Act, regulating the management and disposal of solid and hazardous wastes; the Comprehensive Environmental Response, Compensation, and Liability Act, regulating the cleanup of contaminated properties; the Clean Air Act, regulating air emissions; and the Clean Water Act, regulating waste water discharges. Competition The company’s main railroad competitor is Burlington Northern Santa Fe LLC. History Union Pacific Corporation was founded in 1862. The company was incorporated in Utah in 1969.

Country
Industry:
Railroads, line-haul operating
Founded:
1862
IPO Date:
01/02/1969
ISIN Number:
I_US9078181081
Address:
1400 Douglas Street, Omaha, Nebraska, 68179, United States
Phone Number
402 544 5000

Key Executives

CEO:
Vena, Vincenzo
CFO
Hamann, Jennifer
COO:
Data Unavailable