Honors Program

 

Document Type

Thesis

Date of this Version

5-20-2023

Citation

Steger, A. (2023). Union Pacific Railroad Company Strategic Audit. Undergraduate Honors Thesis, University of Nebraska-Lincoln.

Comments

Copyright Alison Steger 2023.

Abstract

Union Pacific Railroad Company (Union Pacific, UP, UPRR) is a freight railroad based in Omaha, Nebraska, servicing 23 states in America, with additional ports and country interchanges. The 160-year history of this railroad began with Abraham Lincoln and continues into 2023, with the recent announcement of CEO Lance Fritz’s departure. A PESTEL analysis provides an in-depth look at UP's external operating environment, and Porter’s Five Forces industry analysis assesses the industry's competitive environment. Analyses of Union Pacific's competitive advantages, essential resources, and projected roadblocks are followed by strategic recommendations for UP to remain a Class I freight railroad industry leader.

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