Union Pacific Corp (UNP) Expands Network with 15 Focus Sites

Union Pacific Corporation (NYSE:UNP) is one of the best railroad stocks to buy right now. On August 25, the company confirmed the addition of 15 new Focus Sites across eight states. Twelve of the sites are located along short line railroads, therefore expected to offer easy access to the 32,000-mile rail network.

The new Focus sites provide an avenue for Union Pacific to concentrate resources and manage logistics, therefore providing targeted services to customers. The focus sites are expected to spur local economic growth and facilitate easier connections for businesses to rail and access global markets.

“Our partnerships with short line railroads are helping to expand our network’s reach while providing businesses easier and faster access to our 23-state network,” said Kenny Rocker, executive vice president – Marketing and Sales. “With the help of short lines, shippers will have greater access to both domestic and global markets, including Mexico, Canada and some of the nation’s largest ports in Los Angeles and Long Beach.”

Union Pacific Corporation (NYSE:UNP) is a major American company that provides railroad transportation services. It ships a variety of goods, including agricultural products, automobiles, coal, and forest products, and plays a critical role in the global supply chain.

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Disclosure: None. This article is originally published at Insider Monkey.