Description Union Pacific
Union Pacific Corporation (Symbol UNP) is a transportation company headquartered in Omaha, Nebraska. The company operates as a railroad franchise that covers 23 states in the western two-thirds of the United States. Union Pacific is one of the largest freight transportation providers in North America, providing rail service to more than 10,000 customers across multiple industries.
Union Pacific operates in three major business segments - the Agriculture, Energy, and Industrial segment. The Agriculture segment primarily deals with carrying grains, ethanol, and other agricultural products. The Energy segment transports coal, crude oil, and petroleum products. The Industrial segment covers a broad range of goods and merchandise, including lumber, sand, minerals, and automotive products.
Union Pacific is one of the most well-established railroad transportation companies and has a long history dating back more than 150 years. The company has a market capitalization of approximately $130 billion and has consistently been recognized as one of America's most admired companies. Union Pacific is also a constituent of the S 500 index and is listed on the New York Stock Exchange under the ticker symbol UNP.
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Competitors of Union Pacific
Union Pacific (Symbol UNP) is a transportation company that operates the largest railroad network in the United States. Some of its key competitors in the transportation space include:
1. BNSF Railway: This is a subsidiary of Berkshire Hathaway and operates the second-largest rail network in North America. BNSF also serves the same areas as Union Pacific, including the major cities and trade ports in the US.
2. CSX Corporation: This is a transportation company that operates a freight railroad system in the eastern United States. While CSX operates in a different region compared to Union Pacific, it competes for the same shipments of goods, including consumer goods and industrial products.
3. Canadian National Railway: This is a transportation company that operates a freight railway network in Canada and the United States. While Canadian National Railway does not serve the same geographical areas as Union Pacific, it competes in the same industry and serves similar markets.
4. Norfolk Southern: This is a cargo transportation company that operates a freight railroad network in the Eastern United States. Norfolk Southern also competes for the same shipments of goods as Union Pacific, including consumer goods, industrial products, and agricultural produce.
In addition to these railroads, Union Pacific also competes with other forms of freight transportation such as trucking, air, and shipping companies.
Suppliers of Union Pacific
As a railroad company, Union Pacific has several important suppliers that play a crucial role in its operations. Some of these suppliers include:
1. Equipment manufacturers: Union Pacific relies on suppliers to provide locomotives, rail cars, and other equipment needed to transport goods. Some of its primary equipment suppliers include General Electric, Electro-Motive Diesel, Trinity Industries, and FreightCar America.
2. Fuel suppliers: Like any transportation company, Union Pacific relies heavily on fuel to power its trains. The company purchases diesel fuel from a variety of suppliers, including BP, Shell, and ExxonMobil.
3. Technology providers: Technology plays an increasingly important role in railroad operations. Union Pacific works with several technology suppliers to develop and maintain its digital systems, including IBM, Microsoft, and Oracle.
4. Maintenance and repair services: As a large railroad company, Union Pacific relies on suppliers to provide repair and maintenance services for its equipment, infrastructure, and facilities. Some of its major maintenance and repair suppliers include Progress Rail, TrinityRail Maintenance Services, and Wabtec.
Overall, Union Pacific works with a range of suppliers to ensure that it can transport goods safely and efficiently across the United States. These suppliers play a critical role in the company's operations and success.
Financial data and news for Union Pacific
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