Listen to Railway Age Editor-in-Chief William C. Vantuono’s March 2020 interview with Union Pacific Chief Operating Officer Jim Vena on Unified Plan 2020, UP’s version of PSR, Precision Scheduled Railroading, and how
Unified Plan 2020
As it deploys a new operating system, Union Pacific has appointed Jim Vena as Chief Operating Officer, effective Jan. 14. He was a 40-year veteran of CN before retiring in 2016.
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.
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.