Who owns union pacific corporation



  • Who owns union pacific corporation. 87B to $149. 9%); Fund or Company Name Date Sold Shares Held Valued At ; Norges Bank Investment Management: Dec 2023 7. We provide a critical link in the global supply chain by linking 23 states in the western two-thirds of the country by rail. UP and BNSF announced in late September 1995 that, in exchange for BNSF not opposing the Nov 26, 2022 · A look at the shareholders of Union Pacific Corporation can tell us which group is most powerful. , owner of Denver & Rio Grande Western, purchased SP on Aug. Does Union Pacific have any employee shareholders? Yes, Union Pacific may have employee shareholders who own shares of the company’s stock. 30% Union Pacific insiders, and 19. Georgia-Pacific LLC is an American pulp and paper company based in Atlanta, Georgia, [1] and is one of the world's largest manufacturers and distributors of tissue, pulp, paper, toilet and paper towel dispensers, packaging, building products and related chemicals, and other forest products—largely made from its own timber. 4 billion stock and cash deal that will create North America’s biggest railroad. Union 76 station in Southern California, c. 00%. 4 billion transaction. [relinking] Home History Owners Mission How It Works How It Makes Money Union Pacific Corporation (UNP) InformationA Brief History of Union Pacific Corporation (UNP) Union Pacific Corporation (UNP) is one of the largest railroad networks in the United States, with a rich history dating back to the mid-19th century. Four Texas properties consolidated in 1934 as Texas & New Orleans. 1900; completed in 1894 and still in use, it was the first permanent Southern Pacific structure to be constructed in the Mission Revival Style. It was the success of the more expensive but profitable 752E City of Portland Union Pacific Streamliner that gave the company much needed revenue. The financial problems caused the Southern Pacific Transportation Company to be taken over by the Union Pacific Corporation; the parent Southern Pacific Rail Corporation (formerly Rio Grande Industries), the Denver and Rio Grande Western Railroad, the St. 2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines. 15% : 4,910,921,594 : Vanguard 500 Index Fund : 15. It is the parent company of the Union Pacific Railroad and had a network of 51,610km (32,068 miles) in 2016. Mike McCarthy, Union Pacific’s lead independent director, has been elected as chairman of the Board. Aug 19, 2024 · Union Pacific Corp. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. population centers and provides Americans with a fuel-efficient, environmentally responsible The Santa Fe Pacific Corporation was formed as the Santa Fe Southern Pacific Corporation on December 23, 1983 () [1] by the merger of Santa Fe Industries, which owned the Atchison, Topeka and Santa Fe Railway, with the Southern Pacific Company, which owned the Southern Pacific Railroad. com. Jun 14, 2017 · Union Pacific holds the No. Its principal operating company, Union Pacific Railroad Co. Union Pacific Corporation is a holding company formed in 1969, and it was formed out of a See full answer below. The Union Pacific Corporation, under the current Union Pacific Railroad, owns the Alton and Southern Railway, a switching railroad. Aug 16, 2024 · Since December 1, 1998, Union Pacific's market cap has increased from $11. The Western Pacific Railroad Company is a subsidiary of Union Pacific. 5% of net sales), rail transport of agricultural products, food products, fertilizers and coal (32. Operating on more than 30,000 miles of track in the western two thirds of the US, Union Pacific generated $24 Apr 9, 2023 · The Missouri Pacific Railroad Company is a subsidiary of the Union Pacific Railroad. 01B. Union Pacific Corporation (UP) is a holding company whose principal operating subsidiary is Union Pacific Railroad Company. Changed our name to Georgia-Pacific Corporation. President of Union Pacific Railroad, 1971-1983. This can be through employee stock purchase plans or stock options granted to employees as part of their compensation packages. Norfolk Southern's predecessor railroads date to the early 19th century. The Company's railroad hauls a variety of goods, including agricultural, automotive, and chemical products. For operations of the current railroad, see Union Pacific Railroad; for the holding company that owns the current railroad, see Union Pacific Corporation. BNSF’s value is about half that. Name shortened to BNSF Railway Company in 2005. Its rail network includes around 32,695 route miles. Louis Southwestern Railway and the SPCSL Corporation were also taken over by the Union The original company, the "Union Pacific Rail Road", was incorporated on July 1, 1862, under the Pacific Railroad Act of 1862. UP's railroad business runs the largest rail system in the United States, with more than 36,000 miles of track crossing 23 states from the Midwest to the West and Gulf Coasts. (Ike) Evans. 1950s. Howard Marshall , then owning a combined 50% of the company, preventing Union from Aug 28, 2020 · Who owns Union Pacific railroad? Union Pacific Corporation Union Pacific Railroad/Parent organizations. 4 rank among its peers in the Transportation-Rail industry group. was raised substantially at the start of the century after a disastrous combination of Union Pacific and Southern Pacific in 1996 that snarled rail traffic Aug 9, 2024 · Union Pacific is a transportation company that operates through its principal operating company Union Pacific Railroad Company. 8, 1988, retained Southern Pacific Lines as system name. In 2021, it was ranked 243rd on the Fortune 500 . The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users Feb 24, 2010 · Union Pacific Corporation owns one of America's leading transportation companies. 8B Choosing the largest railroad company in the United States depends on how you measure a company’s size. [ 9 ] that resulted in the Delaware Supreme Court landmark decision Unocal v. The Union Pacific Corporation is the parent company of all UP subsidiaries and operating companies besides the current Union Pacific Railroad (the largest operating company). Young is named president of Union Pacific Railroad, succeeding Ivor J. Through the Washington Terminal Company, in which it owns a 99. Union Pacific’s freight Union Pacific 4014 is a steam locomotive owned and operated by the Union Pacific (UP) as part of its heritage fleet. Chairman and Chief Executive Officer of Union Pacific and Missouri Pacific Railroads, 1983-1986. Your company name, address, city, state, zip code, phone number and e-mail address. 1-ranked stock within the group, while Norfolk Southern comes in at No. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to Union Pacific's merger with Southern Pacific further enlarged the combined BNSF network. 2004 James R. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. In 1968, Charles approached Union Oil of California about buying its 40% interest in Great Northern Oil Company but the discussions quickly stalled after Union asked for a large premium. [4] UAH owns and operates United Airlines, Inc. 58% of the company. Not by much Jan 24, 2023 · A look at the shareholders of Union Pacific Corporation can tell us which group is most powerful. 5 million in non-economic damages and about $150,000 in economic damages after finding the electric utility PacifiCorp liable for wildfires in 2020. 18M : Mar 31, 2024 : 3. Union Pacific Corporation owns the Union Pacific Railroad. in a complex $5. Passenger Service Transfers to Amtrak. Apr 15, 2024 · Union Pacific's main competitors in the railroad industry include companies like BNSF Railway, CSX Corporation, Norfolk Southern Corporation, and Kansas City Southern, among others. The Union Oil Company of California (later known as Unocal) introduced the Union 76 brand to their existing Union Oil service stations in 1932. /Mexico gateways, Union Pacific offers the most competitive international routes and gateway flexibility. Anschutz has had several other business ventures, including Forest Oil, Pacific Energy Group, Union Pacific Railroad (he is the company's largest shareholder, with a 6% stake), and the Regal Entertainment Group, the second largest movie theater chain in the world, with approximately 7,000 screens. Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). A new company, with dominant stockholder Jay Gould, purchased the old on January 24, 1880. Pacific Power, a regulated electric utility with service territory throughout Oregon, northern California, The company owns and maintain 16,500 miles (26,600 km Holder Shares Date Reported % Out Value; Vanguard Total Stock Market Index Fund : 19. Her experience includes leadership roles in disciplines that touch nearly every part of operating the world’s largest freight rail network. Read Less Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. As Union Pacific chief operating officer from 2019-2020, Vena oversaw a team that achieved efficiency savings and delivered the best service product in the company’s history. Beth Whited is a railroad industry leader and the first female president in the history of Union Pacific. 1949. [3] After expanding along the West Coast, the Union 76 brand expanded to the Midwest and Southeast through the acquisition of Pure Oil in 1965. 6%), intermodal transport and rail transport of vehicles (30. . 38M shares representing 9. From 2000 to 2010 the company made a total of 20 divestures. Mobile Menu Pre-Header Links. Corporate Governance Union Pacific Corporation’s ISS Governance QualityScore as of September 1, 2024 is 1. President. It offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; petroleum, and liquid petroleum gases Sep 18, 2023 · The Union Pacific Railroad is a public corporation, stock holders own the railroad, or at least a small share of it. 4. Net sales break down by activity as follows: - merchandise transportation (93. Name of UPRR contact, if you are working with one. 2 billion plus the assumption of C$400 million in debt. Union Pacific Railroad Company is the principal operating company of Union Pacific Corporation (NYSE: UNP). 65% institutional shareholders, 1. Southern Pacific routes on the Pacific Coast, 1885 A Southern Pacific train at Los Angeles' Arcade Depot, 1891 The Southern Pacific depot located in Burlingame, California, c. [ 8 ] [ 9 ] [ 10 ] In 1925, Warren, his sons Warren A. Huntington, Leland Stanford, Mark Hopkins, and Charles Crocker); they are best remembered for Union Pacific announced in 1995 that it intended to merge with Southern Pacific and on September 11, 1996, Union Pacific control of Southern Pacific was completed. Anschutz Corp. Nov 26, 2022 · Union Pacific Corporation owns and operates Union Pacific Railroad Corporation that connects 23 states west of the ideal line that connects Chicago to New Orleans and that, for most of its course Union Pacific Corp. Union Pacific (NYSE: UNP) is owned by 79. The company is part of the Dow Jones Composite Average and Dow Jones Transportation Average indices. : Discover the key stakeholders and ownership structure of Union Pacific Corp. Plaintiff Rachelle McMaster wipes tears from her eyes as one of her attorneys greets her after a jury in Portland, Ore. Union Pacific serves many of the fastest-growing U. [ 4 ] Year Event Description; 2024: Corporate Changes/Expansions: In July, Union Pacific Railroad introduced five new Focus Sites, expanding connections to its 32,000-mile network and boosting transportation options for businesses. 6 billion stake in Union Pacific, urged the company on Sunday to consider its former chief operating officer Jim Vena for the role — a choice that was backed by Dec 22, 2021 · A look at the shareholders of Union Pacific Corporation (NYSE:UNP) can tell us which group is most powerful. That is a compound annual growth rate of 10. 1976. Gould already owned the Kansas Pacific (originally called the Union Pacific, Eastern Division, though in essence a separate railroad), and sought to merge it with UP. 05% retail investors. [11] Mar 16, 2024 · Key Insights. CSX ( CSX ) is the No. Emergencies: 1-888-877-7267. Union Pacific Corporation is a rail transportation company. RELATED: The Union Carbide and Carbon Corporation was formed on November 1, 1917, from the merger of the Union Carbide Company founded in 1898, the National Carbon Company founded in 1886, Linde Air Products Company, a maker of liquid oxygen at Buffalo confiscated from Gesellschaft für Linde's Eismaschinen AG under the Trading with the Enemy Act of 1917, and the Prest-O-Lite company, manufacturer of Mar 19, 2024 · Market changes and recovery Close to 93 percent of the company's operating earnings came from freight revenue, which amounted to over 23. [3]) is a publicly traded airline holding company headquartered in the Willis Tower in Chicago. [11] In May 2002 Louisiana-Pacific Corporation announced an asset sale and debt reduction program designed to enhance its long-term competitiveness and financial flexibility. He served as senior advisor to the chairman in 2021 and returned to Union Pacific as CEO in August 2023. The company principally derives its revenue from its US customers. : Gain insights into the purpose and values that drive Union Pacific Corp. [9] [10] In June 2001, the company acquired Berkeley Petroleum Corporation for C$1. Union Pacific provides value to its roughly 10,000 customers. 66M 6 days ago · Union Pacific Railroad, a principal operating company of Union Pacific Corporation, is one of America's most recognized companies. , on Monday, June 12, 2023, awarded her $4. Chartered in 1827, the South Carolina Canal & Rail Road Company became the first to offer regularly scheduled passenger train service with the inaugural run of the Best Friend of Charleston in 1830. There have been four railroads called Union Pacific: Union Pacific Rail Road, Union Pacific Railway, Union Pacific Railroad (Mark I), and Union Pacific Railroad (Mark II). [30] In 1969, Koch merged his interest with the 15% interest owned by J. UP Introduces Centennial Locomotives. Union Pacific Corporation was founded in 1862 and is headquartered in Omaha, Nebraska. Its principal operating company, Union Pacific Railroad, links 23 states in the western two-thirds of the country. The company worked on its first hydroelectric projects in the 1920s for Pacific Gas and Electric Company in California. The company had acquired Southern Pacific Rail Corporation for $5. Dec 24, 2022 · A look at the shareholders of Union Pacific Corporation can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 76% ownership. Name of Government agency, if working on a project with one (not as a subcontractor). More information about Union Pacific is available at www. Union Pacific Corporation is an American company based in Omaha, Nebraska. Unlike BN and ATSF, UP and SP had significant overlap, where the end of competition between the two risked creating a monopoly for freight carriage in much of the West. engages in the provision of railroad and freight transportation services. Atchison, Topeka & Santa Fe Railway merged into Burlington Northern Railroad on December 31, 1996, and BN renamed Burlington Northern & Santa Fe Railway. 14B, an increase of 1,156. We are one of America's most recognized companies, with a heritage of building the country and a vision to keep doing so. , one of the largest railroad companies in the United States. [7] The buildings were completed in 2014. 6 billion stake in Union Pacific had been urging the railroad to hire Vena because of his It’s Vena’s first purchase of Union Pacific stock on the open market since returning to the company. What is the Central Pacific Railroad Company? Central Pacific Railroad, American railroad company founded in 1861 by a group of California merchants known later as the “Big Four” (Collis P. As the only railroad to serve all six U. Singapore, 25 October 2021 — Pacific Oil & Gas Limited (PO&G) has announced that it will rebrand its operations to become Pacific Energy Corporation Limited. 1920-1949. Boone Pickens , attempted a takeover of Unocal Corp. Jun 14, 2016 · Union Pacific owns and operates over 32,000 miles of railroads linking 23 states in the western two-thirds of the U. This article covers The company was reorganized in 1983, and Union Oil Company of California became an operating subsidiary of a new Delaware-based holding company, Unocal Corporation. 6. Apr 25, 2024 · Operating in 23 western states, the company connects its customers and communities to the global economy. It was the start of the company's scale-detailed, die-cast look. Bechtel Company , [ 11 ] which by this time was the leading Vice Chairman and Chief Executive Officer of the Union Pacific Corporation from April 1986 until his retirement on December 31, 1986. It is a four-cylinder simple articulated 4-8-8-4 " Big Boy " type built in 1941 by the American Locomotive Company (ALCO) at its Schenectady Locomotive Works . Union Pacific is the largest railroad in North America, covering 23 states across the western two-thirds of the United States Kiewit Corporation is an American privately held construction company based in Omaha, Nebraska founded in 1884. It operates over 10,500 miles of track in 13 states, including Texas, Arkansas, Missouri, Kansas, Nebraska, Colorado, Wyoming, New Mexico, Oklahoma, Louisiana, Illinois, and Iowa. Starting with the construction of the first transcontinental railroad, surviving the country's multiple economic crises, supporting America's military men and women through conflicts and forging forward to overcome hurricanes, floods and droughts, Union Aug 12, 2024 · Union Pacific Railroad Company. About Us Contact Us UP Emergencies: 1-888-877-7267 Header Links Union Pacific opens a new $181 million Chicago region intermodal facility in Rochelle, Il. said Thursday it was acquiring Southern Pacific Rail Corp. 1969. The original railroad company name, before it was sold, abandoned, retired, etc. 1980. 6%): rail transport of industrial products (36. , operates as a railroad franchise. dollars in 2022. [4] Mar 31, 2024 · Union Pacific Corporation is rated as a buy as new management aims to improve operations and unlock superior shareholder returns. The mission statement of Union Pacific Corp. Listed on the New York Stock Exchange with sales of $37 million. Congress Passes 4R Act. Bechtel Jr, Stephen , Kenneth (Ken), and his brother Arthur (Art) joined him to incorporate as W. The company's logo The former Union Bank logo used from 1996 prior to the 2008 rebranding Former Union Bank logo from December 2008 to November 2017 A branch in Los Angeles Union Bank was an American national bank with 398 branches in California , Washington , and Oregon . But to truly gain Union Pacific Railroad Company, together with our wholly-owned and majority-owned subsidiaries, is an indirect wholly-owned subsidiary of Union Pacific Corporation, herein “the Corporation” or “UPC”. Mar 15, 2023 · The bar for railroad mergers in the U. PG&E provides natural gas and electricity to 5. Union Pacific Center opens in Omaha, the new headquarters building for Union Pacific Corporation and Union Pacific Railroad. Union Pacific market cap as of September 03, 2024 is $156. In 1985, Mesa Petroleum, controlled by billionaire T. Institutions' substantial holdings in Union Pacific implies that they have significant influence over the company's share price. How does Union Pacific ensure transparency in its ownership? Jul 30, 2005 · Gould noted the westward expansion policy of the new Missouri Pacific Railway as a threat to his Union Pacific, and in 1879 he bought a controlling interest in the company and became its president. up. 6 billion stake in Union Pacific, said a change in leadership could generate about $18 of earnings per share in 2025. [18] Union Pacific market cap history and chart from 2010 to 2024. Feb 27, 2023 · Soroban, which owns an about $1. Vanguard Group Inc is the largest individual Union Pacific shareholder, owning 58. Basis of Presentation – Union Pacific Railroad Company (the Company), a Class I railroad Jan 8, 2024 · 5. [8] In April 2000, the company acquired Union Pacific Resources in a $4. 7 percent interest, it owns the rail infrastructure around Washington Union Station. 5M $1. President Abraham Lincoln had approved the act, which authorized railroad construction from the Missouri River to the Pacific to ensure the stability of the Union throughout the American Civil War, [3] but construction did not complete until after that conflict's Union Pacific is the leading provider of rail transportation services between the U. On February 1, 1997, Southern Pacific Transportation Company and the Union Pacific Railroad were formally merged. The appointment of Jim Vena as the new CEO brings industry 6 days ago · Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The top 25 shareholders own 46% of the company Jan 31, 2024 · Who owns Union Pacific Corp. Apr 16, 2004 · Union Pacific Corporation specializes in railway transportation of merchandise. 1. 11, 1996. Established during a transformative era in American history, the company has Founded July 1, 1862, when President Lincoln signed the Pacific Railway Act, Union Pacific has been building America for more than 160 years. As Lionel's first scale-model, the Streamliner gave the company considerable presence in the model market. Cindy retired from Rocky Mountain Power in 2018 before becoming CEO of Enchant Energy Corporation, an emerging environmental services company focused on decarbonization for industries and communities. 1971. Some estimates put Union Pacific’s overall value at more than $105 billion. 1948. 34%. Unbeatable Gateway Access. When it comes to length, though, BNSF manages to beat Union Pacific. 4 Jul 26, 2023 · The company also announced that Beth Whited, Union Pacific’s executive vice president, sustainability and strategy and chief human resources officer, has been appointed as president, reporting to Vena. Union Pacific announced Wednesday, July 26, 2023, it has hired its former chief operating officer Jim Vena as the new CEO. The group holding the most number of shares in the company, around 76% to be precise, is institutions. The Soroban Capital Partners hedge fund that holds a $1. In 1982, a Union Pacific-Missouri Pacific-Western Pacific merger was approved by the Interstate Commerce Commission. Union Pacific Corp. , UAL Corporation, Allegis Corporation and founded originally as UAL, Inc. Large companies usually have institutions as shareholders, and we usually see insiders Jun 2, 2006 · BNSF Railway Company Burlington Northern Santa Fe Corp. [12] Jul 22, 2019 · Every investor in Union Pacific Corporation should be aware of the most powerful shareholder groups. Union Pacific, Aug 14, 2023 · FILE - A Union Pacific train travels through Union, Neb. It also owns Chicago Union Station, formerly through a wholly owned subsidiary, the Chicago Union Station Company until absorbed by Amtrak in 2017. Union Pacific Investor contact: Brad Stock at 402-544 Feb 26, 2023 · The hedge fund, which said it owns about a $1. A. Union Pacific has a greater value than BNSF. Louisiana-Pacific Corporation has undergone many changes since 2000. United Airlines Holdings, Inc. and Mexico. In addition, the company owns about 26,110 miles and operate on the remainder pursuant to trackage rights or leases. In a SWOT analysis, Union Pacific's strengths include a robust rail network, strong market position, and efficient operations, while its weaknesses may include The company named its two office towers after former CEOs. Jun 12, 2023 · 4 of 4 | . (formerly known as United Continental Holdings, Inc. Union Pacific acquired control of SP on Sept. 's operations and decision-making processes. The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). Additionally, during her tenure, the company developed its first five utility-owned wind projects in the state of Wyoming. created on September 22, 1995, when BN bought AT&SF's corporate Parent. [2] The company is headquartered at 300 Lakeside Drive, in Oakland, California. Anschutz owns more than half of the company UP Forms Union Pacific Corporation. , July 31, 2018. S. Township, Range, and Sections. The South Carolina Canal & Rail Road was the SOU's earliest predecessor line. 2005 Jun 2, 2006 · CP acquired SP by 1868. The company was founded in 1969 and is headquartered in Omaha, NE Aug 11, 2022 · A look at the shareholders of Union Pacific Corporation (NYSE:UNP) can tell us which group is most powerful. I find it very interesting to look at who exactly owns a company. Ratnesh Bedi, President of Pacific Energy said, “The Pacific Energy name and new logo reflects the next step in our growth strategy dedicated to providing cleaner energy for North American markets and growing Asian economies. As COO, his last stock buy was at the end of February 2020, when he paid $500,000 for 3,206 Union Pacific operates North America's premier railroad franchise, covering 23 states in the western two-thirds of the United States. [ 2 ] Privately held , it is one of the largest construction and engineering organizations in North America. 1 billion U. T&NO was merged into SP in 1961. mooz hmj ebfp byjnwzg aqxgihvz djk hgnx fgtjvcnt jyvm ynlj