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(Source: Down Jones, March 14, 2013)

OMAHA, Neb. — Union Pacific Corp. Chief Executive Jack Koraleski faced immediate challenges after taking the helm a year ago, with coal shipments on a steep decline and a drought sapping demand for grain transport. But one of the biggest tests of 2012 for the largest publicly traded railroad by revenue was the circumstance that elevated Mr. Koraleski to the top job in the first place — former CEO Jim Young’s abrupt diagnosis of pancreatic cancer.

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