Thread regarding Union Pacific Corp. layoffs

Her Lance, you better wake up before you k--l someone.

https://trn.trains.com/news/news-wire/2020/01/15-ups-fritz-touts-new-services-performance-improvements-under-unified-plan

I read this article and really couldn't believe what I read. Fritz stated about performance improvements. Ok what improvements were actually made?? We're 15 days into the new year. There's been a few big derailments, injuries, and a lot more furloughs. I think the largest derailment so far was the one in western WI somewhere this last Sunday. That's an improvement? 35 cars went on the ground and piled up. 18 of them I read were hazmat cars. Some of the people involved with the cleanup of the derailment said it was a few hundred feet from a few businesses. Hey Lance, what was the cost of the cleanup of that derailment? Oh wait you dont have to tell us that figure. It was posted in the paper to be between 5 and 10 million dollars. What about that train in Illinois that caught fire and evacuated a few schools? All of these derailments have a few things in common though. They're bigger, more expensive to cleanup, and they're all on you. I haven't seen any improvements made at the UP except the ability to BS people.

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Post ID: @OP+131iam5s

12 replies (most recent on top)

Lance will hafta k–l more than a few people for our feeble, corrupt government to hit the brakes on Ponzi Scheme Railroading. Maybe something on the scale of that disaster in Quebec...

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Post ID: @4dge+131iam5s

100 million dollars before anyone notices or questions why? So if this railroad has huge amount of small derailments totaling 1 million each, do you honestly believe the extra cost won't get some attention? Or let's say the UP has a 100 million dollar derailment, then that usually means it k–led people or took out buildings. Your argument of it needing to be 100 million seems a little off. Every cost has to have an explanation within a corporation. Lance is a fool obviously. I just can't believe no one would question a 50 million dollar derailment.

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Post ID: @3uoh+131iam5s

We leave love Lance fritz UPlayoffs.com

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Post ID: @2bqn+131iam5s

The $100 million derailment comment is not false. While that seems like a insane cost, think of it like this- if you make $5 billion/quarter in revenue that is 2%. Assume similar earnings through out other three quarters and it’s .5%.

For comparison-
If you had $1 million x .5% = $5000

It’s not like the company pays the monthly bills and gives all the rest to the shareholders. I’m sure every quarter they put a large chunk in the bank as well. A sort of rainy day find for general unforeseen but expected business expenses.

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Post ID: @2fhn+131iam5s

Ok they're self insured, but the money still has to come from somewhere. That expense has to be recorded. That 5-10 million was an estimate. The cleanup was that cost, but what about the cost of the cars that were destroyed? Anyone want to guess on the actual cost? The argument of the cost needing to be over 100 million before the questioning happens is false. Given the fact of the UP having more derailments is already raising questions. They're spending a huge amount in these derailments. The size of the derailments has gotten much bigger. The WI derailment they're saying might be due to a broken rail? I doubt that very seriously. A former employee there in the Twin cities said this train kept breaking knuckles before it even left.

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Post ID: @1rxq+131iam5s

I think the lead contaminated soil in Omaha is making these fools make some poor decisions.

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Post ID: @1byn+131iam5s

Don’t make Lance have to get out another brand new yellow vest and go stand beside an engine for a courage to care video. This is 2020 fools we ain’t got time for that 2014 stuff. You better have the courage to care after yourselves cause Lance don’t give a damn and he never did..

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Post ID: @1fsv+131iam5s

I went to a meeting in Omaha about 5-6 years ago and The former COO was asked about accident costs during a Q&A. He said a single incident would have to cost over $100 million before it started raising eyebrows.

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Post ID: @1xew+131iam5s

When you drag trains out of the yards and drop them in sidings of course your dwell time goes down, your first os is made, trip plan compliance is made. Then factor in whatever pencil whipping is being done to show positive gains in areas sure everything looks great, just wait eventually it’s going to show up and hopefully they will have to explain everything but more than likely they will be long gone before the truth comes out and they next sap will have to answer for their misdeeds.

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Post ID: @1mlt+131iam5s

Isnt the railroad self insured. I would assume x amount goes into the insurance account monthly or whatever and it is probably ran as a separate part of the company so they can go bankrupt and screw people if they need to but 5 or 10 million isnt that much when you look at the profits we make.

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Post ID: @1yjg+131iam5s

Insurance pays for the clean up.

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Post ID: @mdc+131iam5s

It would be hard to get anyone hurt if you have no employees to get hurt

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Post ID: @lui+131iam5s

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