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UP lands on top-performing stock, IT award lists


Bloomberg BusinessWeek recently added Union Pacific Railroad to its annual ranking of the 50 top-performing stocks of the past five years.

UP ranked No. 44 with a five-year return of 127.9 percent. During the period from March 31, 2005, to March 31, 2010, the S&P 500 Index returned 10 percent.

“While we are proud of our performance over the past five years, which includes one of the biggest downturns the U.S. economy has ever seen, we know the importance of remaining focused on safety, service and efficiency,” said UP Chairman, President and Chief Executive Officer Jim Young in a prepared statement.

Meanwhile, Red Hat Inc. named UP a finalist for the fourth annual Red Hat and Jboss Innovation Awards, which recognize the “outstanding use, innovation and extension” of Red Hat’s computer platform and middleware systems.

A finalist in the “outstanding open source architecture” category, UP was chosen for migrating its legacy mainframe to a Red Hat Enterprise Linux-based virtualized distributed information technology infrastructure. The railroad also used a JBoss enterprise application platform in an enterprise Java-hosted environment.

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More News from 6/18/2010