Union Pacific’s plan to implement Precision Scheduled Railroading caught the attention of the Surface Transportation Board, which on Sept. 20 sent a letter signed by Chairman Ann Begeman and Vice Chairman Deb Miller to UP chief executive Lance Fritz requesting that the railroad’s senior management engage in weekly calls with the Board’s Rail Customer and Public Assistance office during the implementation process. The purpose of the calls is “to keep the agency fully informed of UP’s operating changes and impacts to customers and others.”
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.
The largest U.S. railroad doesn’t just talk about being a good neighbor, it puts its money where its mouth is.
Growing e-commerce and the run-up to end-of-year retail sales helped intermodal shipments gain in the weekly rail freight report from the Association of American Railroads.
Union Pacific will be acquiring 1,000 new high-tech refrigerated boxcars and may increase that number to 1,600, if needed, according to UP Vice President and General Manager Agricultural Products Marketing Brad Thrasher.
The peak season for intermodal traffic is fast approaching, and CSX in late July announced numerous changes to interline service, in particular, those affecting Union Pacific customers with eastbound shipments. The changes are in effect as of Sept. 17, 2018.
Another month, another milestone for surging North American rail freight with one caveat – ongoing uncertainty over U.S. trade policy.
Union Pacific will service a newly-opened crude oil transloading facility in west Texas.
Union Pacific released data as of Aug. 17, 2018, detailing its progress implementing Positive Train Control (PTC).
Deep into a summer of simmering trade and economic issues, grain and petroleum continued to lead growing U.S. rail traffic for the week ending August 25.