(Source: DC Velocity, September 18, 2018)
WASHINGTON, D.C. — The Union Pacific Corp., the mighty western railroad, said yesterday it will implement the “principles” of Precision Scheduled Railroading, the famous model pioneered decades ago by E. Hunter Harrison, who died last December at 73, to improve the fortunes of the Illinois Central Railroad, Canadian National Inc., Canadian Pacific Railway, and, at the time of his death, CSX Corp. The model is at the core of Omaha-based UP’s “Unified Plan 2020,” designed to slice 3 percentage points off its operating ratio over the next 2 years, and to lift the railroad out of a torpor that its head makes no effort to hide.
Full story: DC Velocity