In the carrier’s quarterly earnings call April 18, Union Pacific Chief Operating Officer Jim Vena said that more cuts are being weighed as UP quests for a 61% operating ratio and continues its move toward Precision Scheduled Railroading (PSR).
During the call, the carrier also announced a “pause” in the construction of its $550 million Brazos Yard project in Robertson County, Texas, as UP reallocated funds to improve its El Paso, Texas-to-Loa Angeles line.
Vena said there would be more “rationalization” of the carrier’s network and terminals in order to increase train speed and that future hump yard closures are in the planning stages, according to the Supply Chain Dive news website.
UP is a third of the way through its “Unified 2020” plan to implement PSR, Supply Chain Dive’s Emma Cosgrove reported.
Read Supply Chain Dive’s coverage of the UP earnings call here.
Related News
- Senate Strikes Down Spending Bill’s Harmful AI Provision
- Razor blade found on brake wheel
- Coming Soon: SMART-TD Voluntary Income & Life Protection (VILP) Program
- Senate Passes Tax Bill Without Including Railroaders
- SMART-TD Honors the Retirement of Brother Greg Hynes: A Visionary, a Fighter, and a Legend
- SMART-TD Calls on U.S. Senate to Support the Cantwell Amendment and Protect Rail Workers
- Yardmaster Protection Act Introduced
- PHOTO GALLERY: 2025 Denver Regional Training Seminar
- Fighting for Stronger Heat Protections for Rail Workers
- Regional Training Seminar Sets (Mile-High) Record in Denver