(no title)
gambler | 3 years ago
https://www.manufacturing.net/labor/news/13118134/union-paci...
https://www.wsj.com/articles/union-pacific-to-cut-nearly-3-0...
https://www.thepacker.com/news/transportation/union-pacific-...
https://www.reddit.com/r/collapse/comments/sd9kqw/union_paci...
https://www.reddit.com/r/CatastrophicFailure/comments/s6c04a...
https://www.theguardian.com/us-news/2022/jan/14/los-angeles-...
https://www.cfindustries.com/newsroom/2022/union-pacific-shi...
https://www.youtube.com/watch?v=YDxp8lUXDz0
Meanwhile at the top:
https://www.youtube.com/watch?v=qF_5jng3RYM
TLDR version. UP switched to some fancy "efficient" system several years ago, laid off thousands of employees. At the time many people predicted collapse of the company in a couple of years. Three years later it is plagued by rampant theft and trash on the tracks. This year it refused to ship fertilizer during planting season. It also refused to ship additives to diesel fuel earlier this year (amidst general truck shipping issues and skyrocketing fuel costs). Meanwhile the CEO is smiling like a Cheshire Cat and giving out Bloomberg interviews about efficient management.
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