Thursday, March 31, 2011

Union Pacific is Fortune magazine's most admired transportation company

Not an airline, shipping company or trucking company, but a railway: Fortune named Union Pacific the most-admired company among major transportation providers in its annual list in its 21 March edition. Webpage

UP ranked first in seven of nine attributes Fortune ranked: people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, and quality of services. It is a sizeable business in anyone's terms: UP's route map covers most of the central and western United States west of Chicago and New Orleans and operates on 32,012 miles (51,518 km) of track, of which it owns outright 26,171 miles (42,118 km).  UP is also the largest landowner in the USA after the Federal government.   UP website

BNSF Railway parent company Berkshire Hathaway ranked No. 3 among all companies, behind Apple and Google.

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