UP named 'most admired' by Fortune magazine

Union Pacific Railroad was named the most admired among trucking, transportation and logistics companies by Fortune for the seventh consecutive year, the Class I announced yesterday.

The designation also marked the 14th time in 18 years the company has been named No. 1, according to a UP press release.

UP ranked first in eight performance areas identified by Fortune: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value and quality of products or services.

The Korn Ferry Hay Group, Fortune's research partner, surveyed executives, directors and analysts to select companies they most admired from a list that began with 1,500 international and domestic companies.

"This recognition is a testament to Union Pacific's more than 40,000 employees, who commit daily to working safely and efficiently for the good of our customers, communities, shareholders and their fellow employees," said UP Chairman, President and Chief Executive Officer Lance Fritz.

The magazine's annual "most admired" list will be published in the March edition.