Player · Freight railroad
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Union Pacific

Listed · HQ United States

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Kind
Freight railroad
Markets
1
Positions held
4

The largest US Class I railroad; a buyer of locomotives, PTC and track technology at scale.

Kind
Freight railroad
Headquarters
United States
Ownership
Listed
Segments
Operations, Maintenance, Track
Present in
United States

Footprint

United States

KindWhereDetailSources
HeadquartersOmaha, NE; proposed US$85bn acquisition of Norfolk Southern under STB review (application accepted 28 May 2026; decision expected 2027)
  • ● US SEC · Union Pacific Corp — Form 10-Q, quarter ended 30 June 2026 (published 2026-07 · checked 2026-09-06)
  • ● Surface Transportation Board · UP–NS merger resources (checked 2026-09-06)

Positions held

SegmentTechnologyPhase
  • leases from CDOT — Moffat Tunnel lease to Union Pacific, the consideration for the State of Colorado's passenger rail access over Union Pacific lines for the Mountain Passenger Rail Service (active · since 2025-05-01)
  • awarded by CDOT — Union Pacific Passenger Rail Denver Union Station Craig — Union Pacific Railroad Company (active)
  • supplies Port of Coos Bay — Interchange partner: freight on the Port-owned Coos Bay Rail Line reaches the national railway network at the Union Pacific interchange near Eugene (active)
  • supplied by SDI — Approved standard rail supplier (active)
Sources for these relationships (4)
  • ● Colorado Department of Transportation (CDOT) · Mountain Rail | Preliminary Design & Planning — Denver to Craig route, open house schedule, status and executive summary, signed passenger rail access and operating agreement with Union Pacific (published 2026 · checked 2026-09-14)
  • ● Colorado Department of Transportation (CDOT) · Passenger Rail Access and Operating Agreement between the State of Colorado and Union Pacific Railroad Company, effective 1 May 2025 (redacted signed copy, 82 pages) (published 2025-05-01 · checked 2026-09-14)
  • ● Oregon International Port of Coos Bay · About the Railroad — the Port's own page on the Coos Bay Rail Line. States that the Port-owned and operated line transports approximately $460 million worth of freight in and out of the region every year, has kept over 185,000 trucks off the road since the Port reopened the line in 2011, that about 89 per cent of the product moved is related to the timber industry, and that product travels to the Union Pacific interchange near Eugene where it connects with the national railway network. Read 14 September 2026, HTTP 200. (published 2026 · checked 2026-09-14)
  • ● Steel Dynamics · SDI standard rail approved by BNSF, CSX, Norfolk Southern, Union Pacific and Amtrak (published 2010-10 · checked 2026-09-06)

Competes with

Other freight railroad players present in the same markets.

PlayerHQMarketsPositions
CSXUnited StatesUnited States7
NSUnited StatesUnited States4
BNSFUnited StatesUnited States3
CNCanadaUnited States, Canada1
CPKCCanadaUnited States, Canada1
G&WUnited StatesUnited States0
1 source · primary
  • ● US SEC · Union Pacific Corp — Form 10-Q, quarter ended 30 June 2026 (published 2026-07 · checked 2026-09-06)

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Compiled by Watchtower to editorial standards the Managing Partner sets and enforces. Public record only — every datum carries its source.