November 2, 2023 | Headlines, PSR, UP
(Source: Associated Press, November 1, 2023) Union Pacific is trimming the ranks of the railroad’s management employees as part of the new CEO’s push to eliminate layers of bosses involved in decision making. The railroad, based in Omaha, Nebraska, said Wednesday that...
November 2, 2023 | Headlines, PSR, Railroad Safety, UP
(Source: Trains.com, November 1, 2023) The head of the track workers’ union has warned federal regulators that Union Pacific aims to furlough up to 1,350 maintenance-of-way employees next month and will push the remainder of this year’s planned trackwork projects into...
November 1, 2023 | Headlines, NS, PSR, Quarterly Income
(Source: Trains.com analysis by Bill Stephens, October 20, 2023) When Norfolk Southern CEO Alan Shaw outlined the railroad’s long-term growth strategy in December, he couldn’t have been more clear: Keeping train crews on the payroll during freight downturns would hurt...
August 25, 2023 | Headlines, PSR, UP
(Source: Trains.com, August 24, 2023) Union Pacific furloughed 94 mechanical employees at shops across the system this week. Nearly two-thirds of the furloughs came from four locations: Kansas City, Mo.; Dolores, Calif.; North Platte, Neb.; and Pocatello, Idaho. The...
August 3, 2023 | Headlines, PSR, UP
(Source: Freight Waves, August 3, 2023) Freight rail stakeholders will be watching closely as Union Pacific’s incoming CEO Jim Vena takes over the company, especially given how labor and operational dynamics have changed over the last three years since the industry...
August 2, 2023 | BNSF, Headlines, PSR
(Source: Brotherhood of Maintenance of Way Empoyes Division press release, August 1, 2023) The BMWED has sued BNSF Railway in federal court to combat the carrier’s bad faith in dealing with the Union by its depletion of its Maintenance of Way workforce and its blatant...
August 1, 2023 | Headlines, PSR, TTD, UP
(Source: Trains.com, July 31, 2023) Incoming Union Pacific CEO Jim Vena will not get a honeymoon with rail labor when he begins leading the railroad on Aug. 14. Full story: Trains.com
July 28, 2023 | Headlines, PSR, Quarterly Income, UP
(Source: Associated Press, July 26, 2023) Union Pacific has hired the CEO candidate favored by a hedge fund that’s been pressuring the railroad to improve amid disappointing results driven by weakening consumer demand and higher labor costs. The Omaha, Nebraska-based...
July 7, 2023 | FRA, Headlines, PSR, Train Length
(Source: Fort Worth Report, July 6, 2023) Over the past year, drivers sent hundreds of reports of trains blocking track-and-street intersections to the Federal Railroad Administration. Sometimes the trains are moving across the intersection for long periods of time....
June 21, 2023 | Headlines, NS, PSR, Train Length
(Source: Television station WYFF, June 19, 2023) GREENVILLE, S.C. — If you’ve seen more trains idling, blocking intersections around the state, you’re not alone. According to reports gathered from the Federal Railroad Administration, there’s been a...
