UNION PACIFIC CORPORATION

The union Pacific also operates truck transportation companies in 2004.

Union Pacific is the leading rail freight carrier in the United States. The railroad transports coal, chemicals, industrial products, and other freight over a system of more than 33,000 route miles in 23 states in the western United States. Union Pacific owns 27,400 route miles of its rail network. The remaining 5,600 miles of track are leased ("Union Pacific Corporation Overview", 2004).

Container freight that is transported by multiple modes rail, highway, and water (two or three modes) is a major growth area for Union Pacific. As the company provides both rail and highway transportation, it benefits doubly from container freight operations ("Union Pacific Corporation Overview", 2004).

On less-than-truckload service, the customer pays one price whether a shipment goes by truck or intermodal. Savings achieved through the use of intermodal service is factored into the price. Shipping goods less than 500 miles by this method is not practical. Generally, the greater the distance, the greater the cost advantage. The savings depend on factors such as the cost of local drayage, which refers to pickup from and delivery to raft terminals at points of origin and destination. It is not economical when drayage distances are more than 150 miles at either end.

 

 

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