Fortune Names Union Pacific Most Admired Trucking, Transportation and Logistics Company for Second Consecutive Year
OMAHA, Neb., March 1, 2012 /PRNewswire/ -- Fortune named Union Pacific the most admired among trucking, transportation and logistics companies for the second consecutive year. The magazine's annual World's Most Admired list is published in the March edition.
Union Pacific ranked No. 1 in seven of nine reputation attributes identified by Fortune:
- People management
- Use of corporate assets
- Social responsibility
- Quality of management
- Financial soundness
- Long-term investment
- Quality of products/services
The company ranked third in innovation and global competitiveness. Fortune's research partner, Hay Group, surveyed 4,100 executives, directors and securities analysts to select companies they admired most from a list that began with approximately 1,400 companies.
"As we celebrate our 150th anniversary, this recognition by Fortune reinforces that providing great service results in outstanding value for our customers and shareholders," said Jim Young, Union Pacific chairman and CEO. "By focusing on our customers' needs, Union Pacific employees make a positive impact on safety and efficiency, provide reliable supply chain logistics, enhance our communities and deliver solid returns to investors."
About Union Pacific
It was 150 years ago that Abraham Lincoln signed the Pacific Railway Act of July 1, 1862, creating the original Union Pacific. One of America's iconic companies, today Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP), linking 23 states in the western two-thirds of the country by rail and providing freight solutions and logistics expertise to the global supply chain. From 2000 through 2011, Union Pacific spent more than $31 billion on its network and operations, making needed investments in America's infrastructure and enhancing its ability to provide safe, reliable, fuel-efficient and environmentally responsible freight transportation. Union Pacific's diversified business mix includes Agricultural Products, Automotive, Chemicals, Energy, Industrial Products and Intermodal. The railroad serves many of the fastest-growing U.S. population centers and emphasizes excellent customer service. Union Pacific operates competitive routes from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways.
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