PSR

It’s taking a team effort for Union Pacific to roll out its version of PSR

(Source: Progressive Railroading 03/11/2019) By Jeff Stagl, Managing Editor In 2017’s latter half, Union Pacific Railroad rolled out a transportation plan designed to balance the network, boost productivity and improve asset utilization. The “Blend and Balance” plan called for operating general purpose trains by blending manifest and bulk trains, and balancing the network by running equal numbers of…

Read More

PSR isn’t really all that new

Written by David Schanoes, Contributing Editor (Source: Railway Age 02/20/2019) Not that long ago, E. Hunter Harrison’s methods and strategy for CSX were subject to close scrutiny, tough questioning, much doubt, some head scratching (close 8 of 12 hump yards, anyone?), customers complaining, labor opposition and STB inquiries. All of that and more was in response to…

Read More

Beware the operating ratio trap

(Source: Railway Age 02/11/2019) Written by Frank N. Wilner, Capitol Hill Contributing Editor Watching Washington, February 2019: Sizzle sells product. No wonder the sizzle of ever-lower operating ratios is leading to remarkably higher railroad share prices. But as operating ratios—operating expenses as a percentage of operating revenue—flirt with a sub-60%, the meaning for the longer term is unclear.…

Read More