{"id":46558,"date":"2019-04-24T12:45:36","date_gmt":"2019-04-24T16:45:36","guid":{"rendered":"https:\/\/www.smart-union.org\/?p=46558"},"modified":"2019-04-24T12:45:36","modified_gmt":"2019-04-24T16:45:36","slug":"more-yard-closures-to-come-union-pacific-coo-says","status":"publish","type":"post","link":"https:\/\/www.smart-union.org\/more-yard-closures-to-come-union-pacific-coo-says\/","title":{"rendered":"More yard closures to come, Union Pacific COO says","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p>In the carrier&#8217;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).<br \/>\nDuring the call, the carrier also announced a &#8220;pause&#8221; 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.<br \/>\nVena said there would be more &#8220;rationalization&#8221; of the carrier&#8217;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.<br \/>\nUP is a third of the way through its &#8220;Unified 2020&#8221; plan to implement PSR, Supply Chain Dive&#8217;s Emma Cosgrove reported.<br \/>\n<a href=\"https:\/\/www.supplychaindive.com\/news\/union-pacific-completes-first-of-3-psr-transition-stages\/553142\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read Supply Chain Dive&#8217;s coverage of the UP earnings call here.<\/a><\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>In the carrier&#8217;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 &#8220;pause&#8221; in the construction of its $550 million [&hellip;]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":7,"featured_media":22892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[9,18,119],"tags":[4302,4170,185,4303],"member_types":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>More yard closures to come, Union Pacific COO says - SMART Union<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smart-union.org\/more-yard-closures-to-come-union-pacific-coo-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More yard closures to come, Union Pacific COO says - SMART Union\" \/>\n<meta property=\"og:description\" content=\"In the carrier&#8217;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). 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