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Comments (2)
It is the same story every quarter. They talk about PSR and leaner operations while the actual yards are falling apart. Expecting the remaining crews to pick up the slack without a drop in safety or service is a pipe dream. The turnover in Grant and Franklin is going to kill morale for those lucky enough to stay. At some point, the bean counters are going to realize that you can’t run a Class I railroad with nothing but algorithms and skeleton crews, but by then, the institutional knowledge will be long gone.
Honestly, I stopped being surprised years ago. UP is just chasing the stock price and Wall Street approval at the expense of everything else. It’s always the same cycle: trim the headcount, claim record efficiency, watch the service metrics tank, and then act shocked when the customers start complaining. My heart goes out to the folks getting hit in WA today. It’s a thankless way to be treated after years of hard work, but loyalty was never part of the corporate strategy to begin with.