Union Pacific Corporation, headquartered in Omaha, Nebraska, is the largest public railroad in North America, operating the Union Pacific Railroad. It manages a vast network of over 31,800 route miles across 23 states, primarily in the western two-thirds of the United States. The company provides essential transportation services for a diverse range of goods, including agricultural products, coal, industrial chemicals, and automotive goods. In 2023, Union Pacific generated $24 billion in revenue by hauling freight, which also includes intermodal containers and construction materials. The company has expanded through acquisitions of several railroads and holds a 26% stake in the Mexican railroad Ferromex, which contributes approximately 10% of its revenue by facilitating cross-border freight movements.
Arzoon was founded in September, 1999, by Silicon Valley entrepreneur Farid Dibachi who previously started Diba, a company that pioneered the concept of the Information Appliance and was acquired by Sun Microsystems. In fewer than 10 months Arzoon has employed over 100 transportation and technology experts, and raised $34 million from individual, corporate and leading institutional investors. These include J. W. Seligman Company, Inc., Venrock Associates, Tailwinds Capital Partners 2000 — a venture capital fund of Thomas Weisel Partners LLC, and Garnett Capital. Arzoon's Transportation Management Trading Network™ service automates and synchronizes the full life cycle of processes in the transportation professional's workflow, encompassing procurement, execution, tracking and report generation. Shippers, carriers, customers and suppliers can all utilize their global transportation platform to work together in a networked community. They have created a language of transportation for the Internet that provides standardized processes for interacting with each other across international borders, IT systems and enterprises. As a result, all transportation trading partners can enhance the way they communicate and do business together, improving efficiency, speed and productivity.
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