История и реорганизации компании Union Pacific Railroad

American railroad company

Union Pacific was located in New York City from the company's re founding in 1969 until Drew Lewis became CEO in the mid 1980s. He relocated the corporate headquarters to Bethlehem, Pennsylvania. Later the headquarters was shifted to Dallas, Texas, before relocating the corporate headquarters to Omaha to join the Union Pacific Railroad headquarters. The Union Pacific Corporation has a portfolio of acquiring the Missouri Pacific Railroad which included the Missouri–Kansas–Texas Railroad, the Chicago and North Western Transportation Company, the Western Pacific Railroad, the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway, the SPCSL Corporation, and the Southern Pacific Transportation Company. All railroads not including the Southern Pacific Transportation Company were merged into the previous form of the Union Pacific Railroad. As part of the UP SP merger which included the merging of the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway and the SPCSL Corporation into the previous form of the Union Pacific Railroad, the Union Pacific Corporation merged the previous form of the Union Pacific Railroad into the Southern Pacific Transportation Company and renamed the Southern Pacific Transportation Company to the current form of the Union Pacific Railroad.

The first Union Pacific Railroad was incorporated on July 1, 1862, under an act of Congress entitled Pacific Railroad Act of 1862. The act was approved by President Abraham Lincoln, and it provided for the construction of railroads from the Missouri River to the Pacific as a war measure for the preservation of the Union. It was constructed westward from Council Bluffs, Iowa to meet the Central Pacific Railroad line, which was constructed eastward from San Francisco Bay. The combined Union Pacific Central Pacific line became known as the First transcontinental railroad and Overland Route. The original UP was entangled in the Crédit Mobilier scandal, exposed in 1872. Later, the original UP was in financial troubles because of the financial crisis of 1873 but did not go into bankruptcy. The original company was taken over by the new Union Pacific Railway on January 24, 1880 and the original company was merged into the Union Pacific Railway. The Union Pacific Railway declared bankruptcy during the Panic of 1893. In 1897 a new "Union Pacific Railroad" was formed and the Union Pacific Railway was merged into the new Union Pacific Railroad. This Union Pacific Railroad is the third incarnation, and the third incarnation makes up the bulk of the Union Pacific history. The third Union Pacific Railroad lasted until 1998 when it was replaced by the fourth incarnation, formerly the Southern Pacific Transportation Company, the last incarnation of the Southern Pacific railroad. The Union Pacific Corporation was established during the tenure of the third Union Pacific Railroad.

The Union Pacific Corporation was established in 1969 with its incorporation in Utah and it was established to take control of the then third incarnation of the Union Pacific Railroad later referred to as Mark I and its non railroad subsidiaries. The Union Pacific Corporation was established the same year the current Union Pacific railroad began. The current Union Pacific Railroad is the fourth incarnation and it is referred to as Mark II; the current incarnation of the Union Pacific Railroad is formerly known as the Southern Pacific Transportation Company, the last incarnation of the Southern Pacific railroad. The Union Pacific Corporation merged the third Union Pacific Railroad into the Southern Pacific Transportation Company and then renamed the Southern Pacific Transportation Company to the current Union Pacific Railroad.