UNION PACIFIC RAILROAD CO/DE
8-K, 2001-01-18
RAILROADS, LINE-HAUL OPERATING
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                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                                 FORM 8-K

             Current Report Pursuant to Section 13 or 15(d) of

                       the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 18, 2001


                           Union Pacific Railroad Company
                    (Exact Name of Registrant as Specified in its Charter)


     Delaware                   1-6146                         94-6001323
  (State or Other            (Commission             (I.R.S. Employer
   Jurisdiction of            File Number)          Identification No.)
    Incorporation)


        1416 Dodge Street, Omaha, Nebraska                    68179
         (Address of Principal Executive Offices)    (Zip Code)


Registrant's telephone number, including area code:  (402) 271-5000


                                N/A

         (Former Name or Former Address, if Changed Since Last Report)


<PAGE>



Item 5. Other Events.

        Attached  as an Exhibit  is the Press  Release  issued by Union  Pacific
Corporation,  the corporate parent of Union Pacific Railroad Company, on January
18, 2001 announcing Union Pacific Corporation's financial results for the fourth
quarter of 2000, which is incorporated herein by reference.

Item 7. Financial Statements and Exhibits.

        (c)    Exhibits.

                  99      Press Release dated January 18, 2001 announcing  Union
                          Pacific Corporation's financial results for the fourth
                          quarter of 2000.

                                          SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Dated: January 18, 2001


                                            UNION PACIFIC RAILROAD COMPANY


                                            By: /s/ James R. Young
                                                   James R. Young
                                                   Chief Financial Officer


<PAGE>


                                  EXHIBIT INDEX

        Exhibit Description

        99        Press Release dated January 18, 2001 announcing  Union Pacific
                  Corporation's  financial  results  for the  fourth  quarter of
                  2000.



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