Union Pacific Railroad Case Study

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Introduction The Union Pacific Railroad was one of two companies that received a charter from the congress in 1862 to build the first transcontinental railroad. The Union Pacific Railroad was incorporated in 1862 due to the Pacific Railroad Act of 1862. The act was approved by Abraham Lincoln, the sixteenth president of the United States. He is considered as the significant individual of the Union Pacific Railroad because he signed the law that created a charter and direction for both The Union Pacific Railroad and Central Pacific. On May 10, 1869, at Promontory, Utah, the two chartered companies met and celebrated the creation of the first transcontinental railroad. The creation of first transcontinental railroad increased the western settlement and started the first fast transportation systems. The scandal of the Credit Mobilier led the Union Pacific Railroad to bankruptcy, in 1872. Union Pacific Railway emerged as reorganized…show more content…
Lance M. Frtiz is the current chairman, president, and CEO of the Union Pacific Railroad. The Union Pacific Railroad Company Inc. is in the railroad freight transportation business, and the company is the subsidiary of the Union Pacific Corporation. The rails of the Union Pacific Railroad covers 23 states of Unites States from the West Coast and Gulf Coast ports to the eastern gateways. Moreover, it connects with the Canada’s rail systems, and Union Pacific Railroad is the only rail systems that serve all six major gateway to Mexico. The Union Pacific Railroad service provide the essential link that allows for the global supply chain. There are roughly 10,000 customers that the Union Pacific Railroad currently serving to. The product shipped by the Union Pacific Railroad can be divided into the following categories: agricultural products, automotive, coals, industrial products, intermodal, and chemicals. . The Union Pacific Railroad serves many major companies such as Toyota, General Motors, Lyson, Exxon Mobile, and Proctor and

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