Union Pacific Corporation Announces a $3.75 Billion Capital Plan for 2016 and Declares First Quarter 2016 Dividend
See link for details / http://www.up.com/media/releas...015-capital-plan.htm
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Did the UP also issue a "press release" concerning the VP-Law, Gayla Thal, that was either fired, or quit/retired, on January 29, 2016?
Hot Water posted:Did the UP also issue a "press release" concerning the VP-Law, Gayla Thal, that was either fired, or quit/retired, on January 29, 2016?
Hot Water posted:Did the UP also issue a "press release" concerning the VP-Law, Gayla Thal, that was either fired, or quit/retired, on January 29, 2016?
Hi Hot Water & MTN
Union Pacific Press Releases / Yes / See link below / Old news
Union Pacific Names Gayla L. Thal Senior Vice President – Law and General Counsel
https://www.uprr.com/newsinfo/.../2012/0315_law.shtml
All at this link: http://www.up.com/ or try google if you do not see what you are looking for.
Good luck: Gary – Cheers from The Detroit and Mackinac Railway
The link you provided for Gayla Thol is dated March 2012, and promoted to Senior VP. I didn't see anything related to a "departure" of Gayle Thol on 1-29-2016.
Hot Water posted:The link you provided for Gayla Thol is dated March 2012, and promoted to Senior VP. I didn't see anything related to a "departure" of Gayle Thol on 1-29-2016.
Hi Hot Water - Being a personal matter, it may not be public information. Google may give you some leads. Looks like U.P. is not talking.
Gary - Cheers from The Detroit and Mackinac Railway
trainroomgary posted:Hot Water posted:The link you provided for Gayla Thol is dated March 2012, and promoted to Senior VP. I didn't see anything related to a "departure" of Gayle Thol on 1-29-2016.
Hi Hot Water - Being a personal matter, it may not be public information. Google may give you some leads. Looks like U.P. is not talking.
Gary - Cheers from The Detroit and Mackinac Railway
Who said it is a "personal matter"? When a Senior VP leaves a company, no matter what the circumstances, that is generally news, especially in Omaha, Nebraska!
Hello Hot Water - This is all from todays Wall Street Journal, Feb 4th., 2016
http://quotes.wsj.com/UNP/company-people Click on copy to enlarge.
I also did a search on the Associated Press, Public Search Engine for Names Gayla L. Thal Senior Vice President – Law and General Counsel. No results found.
To help me out with this, how do you know he left the company? Need some leads. Associated Press has a paid search engine, used by newspapers and I may be able to get on that search engine.
Gary - Cheers from The Detroit and Mackinac Railway
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trainroomgary posted:Hello Hot Water - This is all from todays Wall Street Journal, Feb 4th., 2016
I also did a search on the Associated Press, Public Search Engine for Names Gayla L. Thal Senior Vice President – Law and General Counsel. No results found.
To help me out with this, how do you know he left the company? Need some leads. Associated Press has a paid search engine, used by newspapers and I may be able to get on that search engine.
Gary - Cheers from The Detroit and Mackinac Railway
Apparently all old information. It was reported on Trains Newswire, in a Fred Frailey article related to E. Hunter Harrison.
MTN posted:Hot Water posted:Did the UP also issue a "press release" concerning the VP-Law, Gayla Thal, that was either fired, or quit/retired, on January 29, 2016?
OK, business is down. But do ANY of the railroads plan to have any sort of cushion in their networks for traffic rebound/growth?
Dominic:
if the past is prelude to the future - no. Over the past 15 years the railroads have consistently been caught with their pants down when the economy rebounded. They are slow to pull equipment from storage and even slower to either recall furloughed employees or begin recruiting new ones. They are slower still to boost capex aimed at capacity expansion. This inevitably leads to service failures and unhappy customers till the railroads have thrown enough money at the problem to make it go away.
And as I've stated in other posts in the past, the railroads will jack up rates when business is off because "velocity has improved" and they'll jack rates again when service deteriorates because they have to fund capital expansion and increased recruitment.
Curt
Not sure I understand what the departure of the general counsel for Union Pacific has to do with the proposed CP/NS merger.
juniata guy posted:Dominic:
if the past is prelude to the future - no. Over the past 15 years the railroads have consistently been caught with their pants down when the economy rebounded. They are slow to pull equipment from storage and even slower to either recall furloughed employees or begin recruiting new ones. They are slower still to boost capex aimed at capacity expansion. This inevitably leads to service failures and unhappy customers till the railroads have thrown enough money at the problem to make it go away.
And as I've stated in other posts in the past, the railroads will jack up rates when business is off because "velocity has improved" and they'll jack rates again when service deteriorates because they have to fund capital expansion and increased recruitment.
Curt
capex=capitol expense?
I think you have nailed it not just for railroads, but for all US businesses!
