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Union Pacific and New International Shipper Team Up

Omaha, Neb., July 26, 2017

It’s something rarely seen in the international shipping industry – a new startup. Union Pacific and SM Line Corporation, an international ocean carrier based in South Korea, teamed up to move products from global shippers specializing in electronics and appliances across the railroad’s network. A new Inside Track story published today on the company’s website outlines why this is good news for consumers.

“International intermodal is typically a mature business; we’re used to seeing long-term stakeholders, such as K Line and Evergreen,” said Union Pacific’s Assistant Vice President of International Intermodal Mark Simon. “You just don’t see a startup happen this quickly.”

The article includes details about why SM Line is seeing success and Union Pacific’s role providing the most consistent and reliable service to more markets. It is available at http://www.up.com/aboutup/community/inside_track/smline-07-25-2017.htm.

ABOUT UNION PACIFIC

Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. In the last 10 years, 2007-2016, Union Pacific invested approximately $34 billion in its network and operations to support America's transportation infrastructure. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates 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. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.

The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued. Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued. Union Pacific makes no commitment, and disclaims any duty, to update any of this information.

The Ports of Long Beach and Los Angeles are key hubs for Union Pacific’s international intermodal business. Photo courtesy of the Port of Long Beach.

Media Contact

Raquel Espinoza
402-544-5034
respinoza@up.com
@raquelespinoza