Who currently owns Union Pacific Railroad?

Averell Harriman, was chairman of the board of Union Pacific from 1932 to 1946. The Union Pacific grew to operate in 13 western states, extending from Council Bluffs, Iowa, and Kansas City, Missouri, to Portland, Oregon, and Los Angeles. Since 1969 it has been owned by the Union Pacific Corporation, a holding company.



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Freight railroad companies own the majority of the tracks and are responsible for the upkeep and maintenance. Since the passage of the Staggers Act, private railroads have spent over $700 billion to develop the rail network.

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The federal government owns the section of track called the Northeast Corridor between Washington D.C. and Boston and operates it under the auspices of Amtrak. For everywhere else Amtrak operates, they do not own any of the track.

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Union Pacific is the second largest railroad in the United States after BNSF, with which it shares a duopoly on transcontinental freight rail lines in the Western, Midwestern and West South Central United States.

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The Strasburg Rail Road is the oldest operating railroad in the United States. Founded in 1832, it is known as a short line and is only seven kilometers long.

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The largest rail company in the world is Deutsche Bahn, with a revenue of $47.72 billion. As of 2021, the global rail industry has a market size of $295.80 billion.

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BNSF Railway leads the market The railroad focuses on transporting freight commodities such as coal, industrial or agricultural products. In 2022, the company generated some 24.49 billion U.S. dollars in freight revenue and hauled more than 10 million carloads across the country.

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Top 5 2022 Railroads
  • BNSF Railway – $25.9 Billion Revenue.
  • 2 . Union Pacific Railroad – $24.9 Billion Revenue.
  • CSX Transportation – $14.9 Billion Revenue.
  • Norfolk Southern Railway – $12.7 Billion Revenue.
  • Canadian National Railway – $12.4 Billion Revenue.
  • Sources and Tools Used.


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Amtrak owns and operates 363 route-miles of the 457-route- mile Northeast Corridor (NEC) main line between Washington and Boston. Amtrak-owned property outside the NEC main line includes: ? Harrisburg Line: A 104.2-route-mile segment of up to 110 mph (177 kph) track between Philadelphia and Harrisburg, Pa.

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Railroads are, like utilities, “natural monopolies.” The consolidation of the Class 1 railroads in the U.S. into five massive companies over the past several decades has made it clear that there is no “free market” in rail transportation.

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Amtrak, a passenger railroad company, is also considered a Class I. Class Is account for roughly 67 percent of freight rail mileage and 94 percent of revenue.

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