(Source: Salt Lake Tribune, July 14, 2012)
SALT LAKE CITY, Utah — It’s a toss-up. To measure the meaning of Union Pacific on its 150th birthday, you can look backward at its history or forward at the prospects for its future.
Either way, UP at its sesquicentennial is unconventional. Not many publicly traded companies have survived as long. And the ravages of time haven’t diminished its prowess. UP’s best-ever financial year was 2011. In a difficult economy, the company earned $3.3 billion on revenue that jumped 15 percent from 2010. Not surprisingly, its stock price has never been higher.
Full story: Salt Lake Tribune