Thread regarding Union Pacific Corp. layoffs

US railroad freight volume 4th quarter

Total carloads for the week ending December 23 were 230,946 carloads, up 23.7 percent compared with the same week in 2022, while U.S. weekly intermodal volume was 255,841 containers and trailers, up 24.7 percent compared to 2022.

Looks like Railroad went from bust to bo-m in two quarters.

Any thoughts for 2024? Will the trend continue?

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| 1581 views | | 8 replies (last January 3, 2024) | Reply
Post ID: @OP+1qkCPegP

8 replies (most recent on top)

Where were these number from? As recently as yesterday, the carloadings were still well below 150k. There's too many people that are focusing on carloadings. You really should be watching the financial sector instead. More importantly, look at the P/E ratio that UP has compared to others. It's not good!

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Post ID: @4bhv+1qkCPegP

Damn I wonder if y'all even use the bathroom without telling your managers. All they do is approve time and hours of service.

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Post ID: @1ndm+1qkCPegP

Looks like we have a couple of management sympathizers on here.

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Post ID: @1egb+1qkCPegP

It doesn't matter how high the traffic and carloadings have gone up. The munchkins will cut jobs and run bad maintenance locomotives and terrible track with speed restrictions all over the subs.. The customers will get the cars the have coming to them one day.

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Post ID: @1uxv+1qkCPegP

Another id--tic “let’s furlough managers” posting.

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Post ID: @1ixb+1qkCPegP

You do realize a large portion of the managers that you would like cut could probably bump you off your job. They still have seniority.

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Post ID: @1pxg+1qkCPegP

Should start furloughing managers they are useless people destroying the company

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Post ID: @gub+1qkCPegP

And yet they still furloughed people

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Post ID: @acx+1qkCPegP

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