Unified Plan 2020

UP: A record quarter, amidst restructuring

Union Pacific reported record 3Q18 financials on Oct. 25, and at the same time confirmed a major restructuring program that, among other provisions, will involve several waves of layoffs beginning in the fourth quarter.

UP: More like CSX?

Union Pacific late on Sep. 17 (following Wall Street close of business) announced a new operating plan, “Unified Plan 2020,” that “implements Precision Scheduled Railroading principles” that were deployed over the past 20-odd years at, in order, Illinois Central, CN, Canadian Pacific and CSX by the late E. Hunter Harrison.