Using another poster’s logic from yesterday saying psr is a failure as evidenced by the stock drop, today’s big rise shows it to be a successful plan. The q2 4% increase in profits due to an operating ratio hovering around 60, is a positive sign. Great start.
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PSR is being propped up currently by stock buybacks and a massive tax cut. Like many other corporations the stock prices have been artificially inflated by literal money for nothing. What we have going on right now is a system to raise stock prices as high as possible, and then sell them off before the bubble created by the tax cut busts. UP is currently paying a tax rate of between 10%-15% on their total revenue of 5 1/2 billion dollars. That money isn't going to us, and we're bleeding customers every day and will continue to moreso when the fines on the trucking industries are implemented.
PSR is not sustainable, it never has been. It's a quick cash grab before Omaha comes to us and their customers on their knees begging to save the Company when stock prices eventually crash.
did you ask permission before using someone else's logic? just because you're used to getting free hots dogs doesn't give you the right to take a stranger's property.
They cant continue to make record profits running customers off. No customers no money. No brainer.
It took 155 yrs to understand they are running a corporation not a fraternity with a lot of excess resources. No brainer to maximize the resources. No more cradle to grave job security, have to produce add value. Sort of a new concept to the RR
They’re making money and reducing waste. What’s your point? Are you part of the waste?
Union Pacific reminds of a utility company. Al ost impossible to lose money, Do less and less maintenance and the like pg&e when it goes bad file bankruptcy
The union Pacific railroad has made a profit regardless of what's going on economically. They make terrible decisions and make billions always have always will. We have always known that this place could run more efficiently. They continue to make hairball decisions and make billions. Psr has little if nothing to do with it imo.
Why is it that every time someone points out that the layoffs are one of many direct results of current (bad) economic policies that it gets a bunch of emotionally charged responses and downvotes?
It's a fact. Deal with it.
I can’t help but think we’re looking at Enron in the making
So your saying Trump f—ed all you guys i can agree with that dont worry it was his plan with this massive deportation they are doing you guys should have $hitty real soon
The layoffs are a band aid being used to stop the bleeding caused by tariffs levied by a buffoon with no understanding of global trade or complex global supply chains.
If the downward trends in UP stock continue, you can expect the cuts to accelerate as management moves to minimize financial losses brought on by poor trade policy.
I’m hoping!
thanks for coming on here and letting everyone know. i'm sure everyone is on board the psr big boy now
Since my dividends paid last year were nearly $200k I had all my thongs embroidered, yes.
Did you type that in your union Pacific thong?