Article by progressiverailroading.com As part of its Unified Plan 2020 operational strategy, Union Pacific Railroad plans to consolidate its intermodal operations in the Houston area in fall. Currently, both the Englewood and Settegast yards process intermodal shipments. But beginning Sept. 21, the Class I will consolidate all intermodal operations for international and domestic service at Settegast Yard to make operations […]
Tag: Unified Plan 2020
Another round of Union Pacific furloughs at Bailey Yard in North Platte
NORTH PLATTE – The Union Pacific Railroad’s Bailey Yard at North Platte has received its fifth round of furloughs or job eliminations in less than a year. An unspecified number of mechanical employees have been furloughed at the yard, said Raquel Espinoza, the railroad’s senior director for corporate communications and media. As during previous rounds, […]
Railroad CEO visits Arkansas, touts plan
Union Pacific Railroad has shed jobs in recent months, including a few dozen in Arkansas, because while it still hauls roughly the same amount of freight, it is using 25 percent fewer locomotives and several thousand fewer freight cars to accomplish it, the company’s top executive said Monday. The increased efficiency is part of the […]
Construction pace slows down at Union Pacific’s Brazos classification yard
Union Pacific (NYSE: UNP) confirmed that it is slowing down its pace of construction at the multi-million dollar Brazos classification yard in Robertson County, Texas. This comes amid UNP’s plans to implement precision scheduled railroading (PSR) and modify its operating plan to minimize railcar classification events. UNP “has slowed the pace of construction as we […]
Union Pacific just broke revenue records, so why is it laying off workers?
Loads of grain trundled down toward Mexico as summer ended, and strong crude prices drove up the number of rail cars hauling petroleum or liquefied gas by 40 percent. But Union Pacific ended a record third quarter with an announcement that nearly 700 jobs would be cut. Most of those workers were management […]
Union Pacific expects $500M in productivity from new model
Dive Brief: After one month of testing precision scheduled railroading, Union Pacific expects the new model could bring at least $500 million in productivity gains in 2019, executives said during an earnings call. Since the beginning of August, the railroad has cut 625 locomotives from active fleets, reduced operating inventory by 6,000 cars, consolidated operating regions […]
Union Pacific Announces Unified Plan 2020
OMAHA, Neb., Sept. 17, 2018 /PRNewswire/ — Union Pacific today announced its Unified Plan 2020, a new operating plan that implements Precision Scheduled Railroading principles. Unified Plan 2020 will launch Oct. 1 and will be rolled out in phases across the entire Union Pacific rail network. The plan is an important part of Union Pacific’s objective […]