Former Mexican President Joins UP Board

Feb. 23, 2001
Ernesto Zedillo Ponce de Leon, former president of Mexico, has been selected to serve on the board of directors of railroad giant Union Pacific Corp. Former President Zedillo, the 14th member of the Union Pacific board, was a major political figure in Mexico for two decades, until losing his bid for re-election to Vincene Fox last year. Zedillo, 49, born in Mexico City and raised in the northern city
Ernesto Zedillo Ponce de Leon, former president of Mexico, has been selected to serve on the board of directors of railroad giant Union Pacific Corp.

Former President Zedillo, the 14th member of the Union Pacific board, was a major political figure in Mexico for two decades, until losing his bid for re-election to Vincene Fox last year.

Zedillo, 49, born in Mexico City and raised in the northern city of Mexicali, earned an undergraduate degree in economics from Mexico's National Polytechnic Institute and, in 1981, a doctoral degree in economics from Yale University. Zedillo and his wife, Nilda Patricia Velasco, have five children and live in Mexico City.

Union Pacific Railroad, a subsidiary of UP Corp., is one of the largest rail transportation links with Mexico, with operations at the six border gateways. In 2000, UP said its Mexican revenues increased 19% to $850 million, the highest ever. Mexico revenues in January rose by 6% despite the economic slowdown in the United States, UP said. Additionally, UP owns 26% of Ferrocarril Mexicano (FXE), one of two major railroads within Mexico.

UP also owns Overnite Transportation Corp. of Richmond, Va., a major LTL carrier currently dealing with strike battle launched by the International Brotherhood of Teamsters more than a year ago.

About the Author

FleetOwner Staff

Our Editorial Team

Kevin Jones, Editorial Director, Commercial Vehicle Group

Josh Fisher, Editor-in-Chief

Jade Brasher, Senior Editor

Jeremy Wolfe, Editor

Jenna Hume, Digital Editor

Eric Van Egeren, Art Director

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

What challenges are top of mind for fleet professionals in 2025? Get exclusive insights from the 2025 Fleet Trends Survey and discover where the industry is headed next.
The most successful fleets accomplish more than delivering freight. To accomplish this, fleets need a fuel that’s reliable, more economical and more sustainable. That fuel is ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
Learn how eets can enhance truck utilization and minimize safety incidents using business intelligence and AI. Delve into innovative practices, technology integration and real...