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Wednesday, April 7, 2010 as of 11:14 AM ET

Union Pacific

Union Pacific Railroad

The Union Pacific Railroad, headquartered in Omaha, Nebraska, is the largest railroad network in the United States.

CEO:

  • James Young

Approximate Net Worth:

  • $43.4 billion

Number of Employees

  • 42,884

World Presence:

  • United States

Fun Fact:

  • In 1862 the US Congress chartered the Union Pacific Railroad (UP) to build part of the first transcontinental railway.
  • The driving of the Golden Spike at Promontory, Utah, in 1869 marked the linking of the East and West coasts, as UP's rails met those of Central Pacific Railroad
Union Pacific Railroad Looks To Metals As Coal Freight Falls

Union Pacific Railroad Co.

is focused on growing its metals and automotive freight businesses as the railroad faces falling freight volumes from the energy sector, a company official said Friday.The freight volume of the railroad company's industrial-product business--which includes steel, copper and other metal products--is up 9% from a year ago, said Eric Butler, executive vice president of the unit of Union Pacific Corp. (UNP). The division's growth in freight volume was second only to automotive freight, which increased 14% from a year ago, Butler said at the American Copper Council meeting in Phoenix."We are adding 150 rail cars to our copper fleet, because we are seeing significant growth in our copper business," Butler said. In 2011, Union Pacific Railroad rehabilitated 130 gondolas with new liners to carry copper. Union Pacific is also testing new liners in rail cars for transporting copper concentrate, an unrefined form of copper ore, due to be completed next year.The railroad...

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