Union Pacific Corporation (UNP)

Company ID: 56 | CIK: 0000100885
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

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Business Unit / Product Segments

Major Customers (% of Revenue)

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Operational KPIs

Average revenue per car (arpu)

Master trust investments (aum)

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Total production (boe_production)

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Service centers (branches)

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Track miles of rail capacity expansion (capacity)

Coal tonnage (cargo_tonnage)

Open personal injury claims (claims_count)

Customers (customers)

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Bad Order Ratio (defect_rate)

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Greenhouse Gas Emissions Avoided (emissions_co2)

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Customer satisfaction index (engagement)

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Chassis leased (fleet_size)

Fleet utilization (fleet_utilization)

Natural gas production (gas_production)

Workforce representation (headcount)

Average rail car inventory (inventory_units)

Lifting cost (lifting_cost)

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Net undeveloped acreage (net_acreage)

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Natural gas liquids production (ngl_production)

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Crude oil production (oil_production)

Trip plan compliance (on_time_delivery)

Active environmental sites (other)

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Adjusted debt / Adjusted EBITDA (other)

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Adjusted debt / adjusted EBITDA (other)

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Adjusted debt to adjusted EBITDA (other)

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Adjusted debt to capital (other)

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Adjusted operating ratio (other)

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Average Diesel Fuel Price (other)

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Average Freight Car Age (other)

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Average Fuel Hedge Price (other)

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Average Hedge Price (other)

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Average Locomotive Age (other)

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Average Revenue Per Car (other)

Average Revenue per Car (other)

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Average Terminal Dwell (other)

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Average Terminal Dwell Time (other)

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Average Tractor Age (other)

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Average Trailer Age (other)

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Average Train Length (other)

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Average Train Speed (other)

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Average age of equipment (other)

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Average commodity revenue per car (other)

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Average commodity revenue per carloading (other)

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Average diesel fuel price (other)

Average diesel price (other)

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Average employees (other)

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Average equipment age (other)

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Average fuel price (other)

Average hedge price (other)

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Average price of diesel fuel (other)

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Average rail car inventory (other)

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Average rail fuel price (other)

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Average revenue per car (other)

Average revenue per carload (other)

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Average terminal dwell (other)

Average terminal dwell time (other)

Average train length (other)

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Average train speed (other)

Avg NGL price (other)

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Avg crude oil price (other)

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Avg natural gas price (other)

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Bad order ratio (other)

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Branch line route miles (other)

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Branch line track miles (other)

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CTC track miles (other)

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CWR track miles (other)

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Camera-equipped locomotive coverage (other)

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Camera-equipped locomotives (other)

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Capital expenditures (other)

Capital expenditures plan (other)

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Capital investments (other)

Capital plan (other)

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Carloadings (other)

Cash capital investments (other)

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Cash provided by operations (other)

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Client server systems Y2K certified (other)

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Coal Train Cycle Performance (other)

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Coal trains per day (other)

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Commodity revenue (other)

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Commodity revenue per car (other)

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Common Shares Outstanding (other)

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Common Stock Outstanding (other)

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Common shares outstanding (other)

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Common stock outstanding (other)

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Core pricing gains (other)

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Cost of quality (other)

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Crude Oil Futures Volume (other)

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Crude oil price floor (other)

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Crude oil sales price (other)

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Currency Swaps Notional (other)

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Customer Satisfaction (other)

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Customer satisfaction (other)

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Customer satisfaction index (other)

Daily coal trains (other)

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Debt Hedged (other)

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Debt hedged (other)

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Debt hedged via interest rate swaps (other)

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Debt to Capital Employed (other)

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Debt to Debt Plus Equity Ratio (other)

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Debt to Total Capital Employed (other)

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Debt to capital (other)

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Debt to net income (other)

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Debt to total capital employed (other)

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Derailment costs (other)

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Derailment incident rate (other)

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Diesel Fuel Hedge Price (other)

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Diesel Fuel Hedging (other)

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Diesel Fuel Price (other)

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Diesel fuel hedge price (other)

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Diesel fuel hedged (other)

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Diesel fuel price (other)

Diesel fuel price per gallon (other)

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Duplicate positions eliminated (other)

Duplicate positions to be eliminated (other)

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Effective interest rate (other)

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Employee retention rate (other)

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Employees furloughed (other)

Employment level change (other)

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Environmental liability (other)

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Environmental liability accrued (other)

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Environmental remediation liability (other)

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Environmental remediation sites (other)

Environmental sites (other)

Environmental sites identified (other)

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Equipment incident rate (other)

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Equipment purchases and leases (other)

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Female workforce representation (other)

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Free cash flow (other)

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Freight Car Velocity (other)

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Freight car velocity (other)

Freight cars added (other)

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Freight cars in storage (other)

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Freight cars removed from service (other)

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Freight fuel surcharge revenue (other)

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Freight revenue (other)

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Freight revenues (other)

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Freight shipments (other)

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Freight within two days (other)

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Fuel Consumption Rate Improvement (other)

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Fuel Hedge Percentage (other)

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Fuel Hedged (other)

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Fuel Hedging Coverage (other)

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Fuel Price (other)

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Fuel collars hedged (other)

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Fuel conservation savings (other)

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Fuel consumption hedged (other)

Fuel consumption rate (other)

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Fuel gallons hedged (other)

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Fuel gallons saved (other)

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Fuel hedged (other)

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Fuel hedged volume (other)

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Fuel hedging coverage (other)

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Fuel price (other)

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Fuel price average (other)

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Fuel price per gallon (other)

Fuel saved (other)

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Fuel surcharge revenue (other)

Fuel surcharge revenues (other)

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Grade crossings closed (other)

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Gross ton mile growth (other)

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Gross ton miles growth (other)

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Gross ton-miles (other)

Gross-ton miles change (other)

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Hedged fuel price (other)

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Interest Rate Swap Notional (other)

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Interest Rate Swaps Notional (other)

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Interest rate swap notional (other)

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Interest rate swaps notional (other)

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Intermodal loads (other)

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Intermodal service performance index (other)

Lease adjusted debt to capital (other)

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Linehaul cost per cwt (other)

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Locomotive Productivity (other)

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Locomotive diesel fuel price (other)

Locomotive diesel price (other)

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Locomotive fuel price (other)

Locomotive productivity (other)

Locomotive video cameras installed (other)

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Locomotives added (other)

Locomotives in storage (other)

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Locomotives removed from service (other)

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Locomotives with video cameras (other)

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Main Line Track (other)

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Main line route miles (other)

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Main line track miles (other)

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Mainframe systems Y2K certified (other)

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Manifest service performance index (other)

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Manifest/automotive service performance index (other)

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Median annual compensation (other)

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Merger positions eliminated (other)

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Merger positions relocated (other)

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Merger-related employee separations (other)

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Mexican related revenue (other)

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Mexico business revenue (other)

Mexico commodity revenue (other)

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Mexico rail revenue (other)

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Mexico shipments revenue (other)

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Mexico traffic revenue (other)

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Miles of Track Surfaced (other)

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Miles of track surfaced (other)

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Minority workforce representation (other)

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Monthly Document Hits (other)

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Natural Gas Futures Volume (other)

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Natural gas liquids sales price (other)

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Natural gas price floor (other)

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Natural gas sales price (other)

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New Ties Installed (other)

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New locomotives added (other)

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New rail installed (other)

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New ties installed (other)

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Number of Reportable Segments (other)

Open environmental remediation sites (other)

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Operating Ratio (other)

Operating margin (other)

Operating ratio (other)

Operating revenue per employee (other)

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Overnite operating ratio (other)

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Overnite union representation (other)

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Owned miles (other)

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Owned route miles (other)

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Participant loans outstanding (other)

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Personal injury expense (other)

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Personal injury liability (other)

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Personal injury rate (other)

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Planned capital expenditures (other)

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Planned capital spending (other)

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Positions eliminated (other)

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Positions identified for elimination (other)

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Positions relocated (other)

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Principal rail yards reduced (other)

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Productive gas wells (other)

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Productive oil wells (other)

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Rail Commodity Revenue (other)

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Rail Operating Ratio (other)

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Rail Route Miles (other)

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Rail branch line miles (other)

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Rail capacity expansion (other)

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Rail capacity expansion miles (other)

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Rail carloads (other)

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Rail fuel gallons hedged (other)

Rail fuel hedged (other)

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Rail fuel hedging coverage (other)

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Rail fuel price (other)

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Rail installed and replaced (other)

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Rail main line miles (other)

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Rail miles replaced (other)

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Rail operating ratio (other)

Rail replaced (other)

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Rail route miles (other)

Rail total track miles (other)

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Rail track and route miles (other)

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Rail track miles (other)

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Railroad Average Commodity Revenue Per Car (other)

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Railroad Fuel Consumption Rate (other)

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Railroad Operating Ratio (other)

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Railroad Revenue Ton-Miles Per Employee (other)

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Railroad Route Miles (other)

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Railroad Track Miles (other)

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Railroad average commodity revenue per car (other)

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Railroad carloadings (other)

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Railroad main line track miles (other)

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Railroad operating ratio (other)

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Railroad revenue per employee (other)

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Railroad route miles (other)

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Railroad total track miles (other)

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Ratio of earnings to fixed charges (other)

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Recrew Rate (other)

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Resources Capital Expenditures (other)

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Resources Net Income (other)

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Resources Operating Revenues (other)

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Return on average common stockholders' equity (other)

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Return on invested capital (other)

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Revenue Per Hundredweight (other)

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Revenue Ton-Miles (other)

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Revenue carloads (other)

Revenue per carload (other)

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Revenue per employee (other)

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Revenue per hundredweight (other)

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Revenue ton-miles (other)

Revenue ton-miles per employee (other)

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Revenues per employee (other)

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Revolving credit facilities available (other)

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Road locomotives in storage (other)

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Route Miles (other)

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Route miles (other)

Route miles operated (other)

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Route miles owned (other)

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SP employees receiving severance/relocation (other)

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SP integration regions implemented (other)

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SP labor agreements coverage (other)

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SP labor agreements covered (other)

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Service centers with union petitions (other)

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Service performance index (other)

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Shares outstanding (other)

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Standardized measure of discounted future net cash flows (other)

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States served (other)

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Stock options outstanding (other)

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Superfund sites (other)

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Systems Y2K compliant (other)

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Systems modified for Y2K (other)

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Terminal dwell time (other)

Terminals (other)

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Terminals petitioned for union election (other)

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Terminals with union representation (other)

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Ties installed (other)

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Ties installed and replaced (other)

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Ties installed/replaced (other)

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Total Track (other)

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Total Track Miles (other)

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Total line miles (other)

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Total route miles (other)

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Total track miles (other)

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Track Miles (other)

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Track Miles of Rail Replaced (other)

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Track installed and replaced (other)

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Track maintenance (other)

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Track miles (other)

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Track miles inspected (other)

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Track miles installed and replaced (other)

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Track miles of rail capacity expansion (other)

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Track miles of rail expansion (other)

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Track miles of rail installed (other)

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Track miles of rail installed and replaced (other)

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Track miles of rail installed/replaced (other)

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Track miles of rail replaced (other)

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Track miles operated (other)

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Track miles surfaced (other)

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Track surfaced (other)

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Train crew hiring (other)

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Train length (other)

Train/engine employees in time-off program (other)

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Treasury shares (other)

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Trucking Operating Ratio (other)

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Trucking Revenue Per Hundredweight (other)

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Trucking fuel gallons hedged (other)

Trucking fuel hedged (other)

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Trucking fuel hedging coverage (other)

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Trucking fuel price (other)

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Trucking operating ratio (other)

Trucking volume growth (other)

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Union representation (other)

Union-represented workforce (other)

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User department systems Y2K certified (other)

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Vehicle distribution centers (other)

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Wayside detectors (other)

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Work equipment and other (other)

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Work force reduction positions eliminated (other)

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Workforce Diversity - Female Representation (other)

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Workforce Diversity - People of Color (other)

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Workforce Productivity (other)

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Workforce diversity representation (other)

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Workforce productivity (other)

Workforce representation - females (other)

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Workforce representation - people of color (other)

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Workforce with union representation (other)

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Y2K Compliance (other)

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Y2K certified systems (other)

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Y2K costs expensed (other)

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Y2K project costs (other)

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Y2K project total cost (other)

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Yards, siding and other main line track miles (other)

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Year 2000 systems modified (other)

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us-gaap_NumberOfReportableSegments (other)

Revenue carloads (production_volume)

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Rail facilities (properties)

Proved developed gas reserves (proved_developed_reserves)

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Proved oil reserves (proved_reserves)

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Biodiesel Blend (renewable_energy_pct)

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Employee retention rate (retention)

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Revenue ton-miles (rpm)

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Revenue, Remaining Performance Obligation, Amount (rpo)

Safety incidents (safety_incidents)

Headquarters square footage (square_footage)

No 10-Q data

Service Centers (stores)

Natural gas processed (throughput)

Total track miles (transmission_miles)

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Personal Injury Rate (trir)

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TL Shipments (units_shipped)

Plan participants (users)

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Fuel consumption rate improvement (utilization_rate)

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Net wells drilled (wells_drilled)

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Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

Demographics

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Workforce Breakdowns

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HCM Metrics — Point-in-Time

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HCM Metrics — Flow (Annual / YTD)

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Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-06-30acquisition_additionin_progress2025-07-282027-12-31United StatesRailroad operationsUSD 71 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger with Norfolk Southern; no headcount added disclosed. Acquisition-related expense of $71M for six months ended 2026-06-30 ($35M in Q2). STB approval pending; expected completion in 2027.
2025-12-31acquisition_additionannounced2025-07-282027United StatesNorfolk Southern Corporation (pending acquisition via merger subsidiaries)USD 72 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Merger agreement to acquire Norfolk Southern; ~$20B cash consideration plus ~224.8M shares to be issued. Share repurchase program paused pending the deal. STB rejected the initial merger application as incomplete in January 2026 (without prejudice). $72M acquisition-related expense incurred in 2025 ($68M purchased services, $4M other), certain costs non-deductible; completion currently expected in 2027. Headcount addition not yet quantified.
2025-12-31divestiture_reductioncompleted20252025United States (Chicago-area commuter rail territory)Commuter rail operations (other subsidiary revenues)MD&A
f5-10k / GLM-5.3-flash-HTML
Commuter operations transferred to Metra during 2025, reducing other subsidiary revenues; affected-employee count not disclosed.
2025-12-31otherin_progress2025-01-01United StatesUnionized rail workforce (13 major rail unions; ~83% of workforce)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Local negotiations under the Railway Labor Act covering 2025-2029 began January 1, 2025; majority concluded during 2025 with crew staffing agreement ratification charges recorded (not separately quantified); two negotiations remain ongoing at one subsidiary.
2025-12-31acquisition_additionannounced2025-07-282027-12-31United StatesRailroad operationsother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Merger agreement with Norfolk Southern; approximately 224.8 million UPC shares and about $20 billion cash consideration, funded with new debt and operating cash. No employee counts disclosed. Acquisition-related expense of $72 million in 2025. STB found the joint application incomplete on 2026-01-16 (rejected without prejudice); expected completion currently 2027. Share repurchase program paused in connection with the pending acquisition.
2025-12-31divestiture_reductioncompletedUnited StatesCommuter rail operations (subsidiary)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Commuter operations transferred to Metra during 2025; drove the decline in other subsidiary revenues. No headcount associated with the transfer is disclosed.
2025-12-31otherin_progress2025-01-01United StatesTrain, engine and yard (TE&Y) operationsItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Majority of local collective bargaining negotiations for years 2025-2029 concluded (began 2025-01-01); two negotiations ongoing at one subsidiary. MD&A notes higher crew staffing agreement ratification charges in 2025. No employee counts or charge amounts tied to the ratifications are disclosed.
2025-09-30othercompleted2025-04-01United StatesRailroad operationsUSD 55 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Crew staffing agreement ratification charge of $55 million recognized in the second quarter of 2025, included in year-to-date compensation and benefits expense.
2025-09-30divestiture_reductioncompletedUnited StatesCommuter rail operations (other subsidiary revenues)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Transfer of commuter operations to Metra drove lower other subsidiary revenues; no employee count disclosed.
2025-09-30acquisition_additionannounced2025-07-282027-01-01United StatesPending acquisition of Norfolk Southern CorporationUSD 42 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Merger agreement dated July 28, 2025; expected completion in early 2027 subject to shareholder and STB approval. $42 million acquisition-related expense incurred year-to-date 2025. No target headcount disclosed; share repurchase program paused in connection with the pending acquisition.
2025-09-30othercompletedUnited StatesOperations — train and engine crewsUSD 55 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Ratification charge for a crew staffing agreement, incurred in the second quarter of 2025 and included in year-to-date compensation and benefits expense. No employee count or ratification date disclosed.
2025-09-30acquisition_additionannounced2025-07-282027-01-31United StatesEnterprise (Norfolk Southern Corporation)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger agreement to acquire Norfolk Southern; consideration of one UPC share plus $88.82 cash per NSC share, about 224.8 million shares and roughly $20 billion cash. Completion expected early 2027, conditioned on shareholder votes and STB approval. No Norfolk Southern headcount figure disclosed; $42 million of acquisition-related expense recorded year-to-date and $8 million of deferred share issuance costs.
2025-06-30othercompletedRailroad operationsUSD 55 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Crew staffing agreement ratification charge of $55 million recognized in Q2 2025 compensation and benefits expense
2025-06-30othercompletedUnited StatesTrain, engine, and yard (TE&Y) operations — crew staffingUSD 55 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Ratification of a crew staffing agreement recorded a $55 million charge in compensation and benefits during Q2 2025; number of employees covered not disclosed. Ratification date not specified.
2024-12-31divestiture_reductioncompletedOther subsidiaries — commuter rail operationsMD&A
f5-10k / GLM-5.3-flash-HTML
Partial transfer of commuter rail operations to Metra occurred during 2024, cited as a driver of lower other subsidiary revenues; no employee count, charge, or specific dates disclosed.
2024-09-30divestiture_reductioncompletedUnited StatesCommuter rail operations (other subsidiary revenues)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Partial transfer of commuter operations to Metra contributed to lower other subsidiary revenues; no headcount figure disclosed
2023-12-31othercompleted2023United StatesTrain, engine, and yard craft employees (crew staffing)MD&A
f5-10k / GLM-5.3-flash-HTML
Crew staffing agreement reached with union in Q2 2023; ratification charge amount not separately disclosed. Combined 2023 cash payments of $454 million covered this ratification charge plus amounts related to the 2022 one-time labor agreements charge.
2023-12-31othercompleted2023-06United StatesTrain, engine, and yard operations — crew staffingMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Crew staffing agreement ratified in Q2 2023 with an associated ratification charge; the charge amount is not separately quantified. Cash flow and operating expense discussion combines it with the 2022 one-time labor-agreement charge ($454 million of related payments in 2023).
2023-09-30othercompleted2023-04-01United StatesTrain crew / craft professionalsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Ratification charge recorded in Q2 2023 for a crew staffing agreement reached with labor; charge amount not separately quantified in this filing.
2023-09-30othercompleted2,9072023-09-30United StatesTrain, engine, and yard employeesMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Company graduated 2,907 employees between May 6, 2022 and October 4, 2023 as part of accelerated hiring and training of new train crew employees; not a reduction action.
2023-06-30othercompletedUnited StatesTrain crew / unionized workforceUSD 67 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
One-time $67 million expense from ratification of a crew staffing agreement with the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART-TD); recorded in Q2 2023 operating expenses
2023-06-30othercompletedUnited StatesTrain, engine, and yard employees (craft workforce)USD 67 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Ratification of a crew staffing agreement with the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART) resulted in a one-time $67 million expense in Q2 2023, contributing to the 16% year-over-year increase in compensation and benefits. No employee count or ratification date disclosed. Related: cash flows show $445 million of payments in the six months ended June 30, 2023 for settlement of labor union agreements.
2022-12-31othercompleted2022-12-022022-12-02United StatesAll unionized crafts (approx. 83% of workforce, across 13 major rail unions)USD 92 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Conclusion of the 2020-2024 national bargaining round under the Railway Labor Act: tentative agreements were reached with all unions after Presidential Emergency Board 250 recommendations (Aug 16, 2022); nine of thirteen were ratified and the remaining four were imposed by legislation on Dec 2, 2022. Associated one-time Q3 2022 charge of $92 million for the new labor agreements; number of employees covered by the new agreements not separately quantified.
2022-12-31othercompleted2022-08-162022-12-02United StatesRailroad operations — unionized craft employees (13 unions)USD 92 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Conclusion of 2020-2024 national bargaining round: PEB 250 report issued 2022-08-16, tentative agreements reached averting work stoppage, 9 of 13 agreements ratified, remaining 4 imposed by legislation 2022-12-02. $92 million one-time charge recorded in Q3 2022 for the new labor agreements; employees affected count not disclosed
2022-09-30othercompleted2022-08-16United StatesUnionized workforceUSD 114 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Presidential Emergency Board 250 issued recommendations August 16, 2022; tentative or ratified agreements subsequently reached with all labor unions, largely reflecting $1,000 per year bonuses to all unionized employees. One-time charge recorded in compensation and benefits; includes $114 million accrual per Note 12. As of October 20, 2022, six unions ratified; one did not, with status quo maintained during continued negotiations.
2022-09-30otherin_progress2022-08-16United StatesUnionized workforce (all labor unions)USD 114 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Presidential Emergency Board 250 issued recommendations on 2022-08-16; tentative agreements were then reached with all unions, averting a work stoppage. One-time charge of $114 million, largely from $1,000 annual bonuses to unionized employees. As of 2022-10-20, six unions had ratified; one had not, with parties maintaining status quo. Number of employees affected not disclosed.
2022-09-30othercompleted2022-08-16USD 114 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Tentative or ratified agreements with labor unions resulting in a one-time charge, largely due to $1,000 per year bonuses to all unionized employees.
2022-06-30otherin_progressUnited StatesUnion-represented workforce (Railway Labor Act negotiations)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
National Mediation Board released parties from mediation in June 2022, starting a 30-day cooling-off period; a Presidential Emergency Board was appointed. If unresolved, parties may engage in self-help (lockout or strike) after a second cooling-off period. No headcount affected disclosed.
2022-06-30otherin_progress2022-06United StatesRailroad operations — union workforceother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
National Mediation Board released parties from mediation in June 2022, starting a 30-day cooling-off period; a Presidential Emergency Board was then appointed. Potential lockout/strike if no agreement after a second cooling-off period.
2021-09-30otherannounced2021-10-112021-12-08United StatesAll employees of federal contractorMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Company announced compliance with Executive Order 14042 requiring federal contractor employees be fully vaccinated by December 8, 2021. Filed lawsuits October 15, 2021 after three unions objected; seeks resolution under Railway Labor Act. Discloses potential workforce availability impacts from absences, resignations, or work stoppages, but no headcount figures given.
2021-09-30otherannounced2021-10-152021-12-08United StatesAll functionsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company announced compliance with Executive Order 14042 federal contractor COVID-19 vaccine mandate (deadline December 8, 2021); after objections from three unions, it filed lawsuits on October 15, 2021 to prevent disruption to the rail network, with disputes to be resolved under Railway Labor Act procedures. No affected-employee count disclosed; risk of workforce availability challenges noted.
2020-12-31layoffcompleted4,100all craftsMD&A
f5-10k / GLM-5.3-flash-HTML
Furloughs during 2020 from productivity initiatives, 7% carload decline, and smaller capital workforce; roughly 4,100 employees remained furloughed at year-end.
2020-12-31plant_closurecompletedlocomotive shop, freight car shop, maintenance-of-way shopMD&A
f5-10k / GLM-5.3-flash-HTML
Temporary closures lasting nearly six months during 2020 as management response to sharp COVID-19-driven volume decline; affected headcount not disclosed.
2020-12-31othercompletedmanagementMD&A
f5-10k / GLM-5.3-flash-HTML
About three months of temporary unpaid leave and salary reductions implemented in response to the sharp pandemic-related volume decline.
2020-12-31layoffin_progress4,100United StatesAll craftsMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Furloughs driven by COVID-19 volume declines; temporary involuntary separations, no severance charge disclosed
2020-12-31otherin_progressUnited StatesOperations and shops (locomotive, freight car, maintenance-of-way)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Three months of temporary unpaid leave and salary reductions, plus almost six months of large shop closures in response to sharp volume decline; headcount impact not quantified
2020-12-31restructuringcompleted4,1002020-01-012020-12-31United StatesAll craftsMD&A
f5-10k / Qwen3.6-27B-Q8_0
Approximately 4,100 employees across all crafts were furloughed at the end of the year due to lower volumes and productivity initiatives.
2020-09-30layoffin_progress5,100United StatesAll craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 5,100 employees across all crafts were furloughed as of the end of the third quarter of 2020
2020-09-30othercompleted2020-04-012020-07-31United StatesManagement and administrative employeesMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Temporary unpaid leave of absence for management and administrative employees implemented in Q2 2020; leave ran through July 2020 except for the CEO
2020-09-30othercompleted2020-04-012020-08-31United StatesExecutive salaries and Board of Directors retainersMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Executive salaries and Board retainers reduced by 25%; reductions ran through July except CEO salary and Board retainer reductions which ran through August
2020-09-30plant_closurein_progressUnited StatesLocomotive shop and freight car shopMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Repair facilities closed in Q2 2020 due to reduced demand; resumed limited operations in the latter part of Q3 2020
2020-09-30layoffin_progress5,100United StatesAll craftsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 5,100 employees across all crafts were furloughed at the end of Q3 2020; no severance charge or completion date disclosed. Furlough count is point-in-time and not additive to the period-average headcount of 30,155.
2020-09-30othercompletedUnited StatesManagement and administrative employeesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Temporary unpaid leave of absence for management and administrative staff implemented in Q2 2020 and run through July (CEO through August); no headcount disclosed. Executive salary and Board retainer reductions of 25% accompanied the measure.
2020-09-30plant_closurecompletedUnited StatesRepair facilities (locomotive shop and freight car shop)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Shops closed in Q2 2020 due to reduced demand and resumed limited operations in the latter part of Q3 2020; associated headcount not disclosed. A maintenance-of-way shop closure is referenced in the compensation discussion.
2020-09-30layoffin_progress5,100MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 5,100 employees across all crafts were furloughed at the end of the third quarter.
2020-06-30layoffin_progress5,700United StatesAll craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 5,700 employees across all crafts were furloughed at the end of the second quarter of 2020 amid COVID-19 volume declines; employees being recalled as volume increases.
2020-06-30otherin_progressUnited StatesManagement and administrative employeesMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Temporary unpaid leave of absence implemented for management and administrative employees in response to the pandemic-driven volume decline.
2020-06-30otherin_progressUnited StatesExecutives and Board of DirectorsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Executive and Board of Director salaries temporarily reduced by 25% for the same period as the unpaid leave program.
2020-06-30plant_closurein_progressUnited StatesRepair facilitiesMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Three repair facilities temporarily closed in response to reduced volumes; described as temporary.
2020-06-30layoffin_progress5,700United StatesAll craftsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 5,700 employees across all crafts were furloughed at the end of Q2 2020 amid COVID-19 volume declines; no severance charge disclosed. May overlap with the temporary unpaid leave action below.
2020-06-30layoffin_progressUnited StatesManagement and administrativeMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Temporary unpaid leave of absence implemented for management and administrative employees in response to COVID-19 volume declines; headcount affected not disclosed.
2020-06-30otherin_progressUnited StatesExecutive management and Board of DirectorsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Executive and Board of Director salaries reduced by 25% for the same period as the temporary leave program; no headcount reduction.
2020-06-30plant_closurein_progressUnited StatesRepair facilitiesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Three repair facilities temporarily closed in response to COVID-19; associated headcount not disclosed.
2020-06-30layoffin_progress5,7002020-06-30MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 5,700 employees across all crafts were furloughed at the end of the second quarter.
2020-03-31otherin_progress3,800United StatesAll craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
At quarter-end approximately 3,800 employees across all crafts were furloughed or in alternate work status, a reduced-schedule program allowing employees to stay qualified and return to full-time status without additional training; driven by COVID-19 volume declines and productivity initiatives
2020-03-31otherin_progress3,800United StatesAll crafts (train, maintenance, and other railroad operations)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
At the end of Q1 2020, approximately 3,800 employees across all crafts were furloughed or in alternate work status amid COVID-19 volume declines. Furloughs are temporary; no severance charge disclosed. Implied percentage of the 33,872 average workforce is roughly 11%, but the filing does not state a percentage.
2020-03-31otherin_progress3,8002020-03-31United StatesAll craftsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 3,800 employees were either furloughed or in alternate work status at the end of the first quarter due to volume declines and COVID-19 impacts.
2019-12-31restructuringcompleted540United StatesManagementUSD 22 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Continuation of initiatives to align management structure with the operating model; approximately 540 management positions eliminated during 2019. Total 2019 workforce-reduction expense was $24 million, comprising $22 million severance and $2 million equity compensation acceleration.
2019-12-31layoffin_progress5,000United StatesAll craftsMD&A
f5-10k / GLM-5.3-flash-HTML
At fiscal year-end 2019, roughly 5,000 employees across all crafts were on furlough or alternate work status, driven by carload declines, workforce right-sizing and a smaller capital workforce; ongoing as of year-end.
2019-12-31restructuringin_progress540United StatesManagement and administrativeUSD 22 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 540 management positions reduced during 2019 to align the management structure with the operating model; total pretax charge was $24M (severance $22M plus equity compensation $2M). Company states it continues to evaluate further cost-reduction opportunities.
2019-12-31layoffin_progress5,000United StatesAll craftsMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
At the end of 2019, approximately 5,000 employees across all crafts were furloughed or in alternate work status, reflecting lower carload volumes and workforce right-sizing; no severance charge disclosed for this action.
2019-12-31restructuringcompleted5402019-01-012019-12-31United StatesManagementUSD 24 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reduction of management workforce to align structure and decision making. Includes severance and equity compensation acceleration.
2019-12-31restructuringin_progressCompensation And Benefits Expense [Member] / Employee Severance [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-31restructuringin_progressCompensation And Benefits Expense [Member] / Equity Compensation [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-31restructuringin_progressUSD 24,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-31restructuringin_progress540Management Positions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30layoffin_progress4,400United StatesAll craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
At quarter-end approximately 4,400 employees across all crafts were furloughed or in alternate work status, tied to Unified Plan 2020 implementation and lower carload volumes; average headcount fell 13% year-over-year in the quarter.
2019-09-30otherin_progress4,400United StatesAll craftsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
At the end of Q3 2019, approximately 4,400 employees across all crafts were furloughed or in alternate work status, amid an 8% decline in carload volumes and workforce right-sizing initiatives.
2019-09-30otherin_progress4,400MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 4,400 employees across all crafts were either furloughed or in alternate work status at the end of the third quarter.
2019-06-30otherin_progress2,200United StatesAll craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
At quarter-end, roughly 2,200 employees across all crafts were furloughed or in alternate work status, tied to lower carload volumes, workforce right-sizing, and a smaller capital workforce.
2019-06-30otherin_progress2,200United StatesAll craftsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 2,200 employees across all crafts were furloughed or in alternate work status at the end of Q2 2019, amid an 8% year-over-year decline in average employee levels tied to lower carload volumes and workforce right-sizing under Unified Plan 2020. Furloughs, not permanent separations; no severance charge disclosed.
2019-06-30otherin_progress2,200MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 2,200 employees across all crafts were either furloughed or in alternate work status at the end of the second quarter.
2019-03-31layoffin_progress1,100United StatesAll craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 1,100 employees across all crafts were furloughed or in alternate work status at quarter-end, primarily due to a smaller active locomotive fleet; weather-related challenges required a temporary increase in train crew resources, partially offsetting reductions
2019-03-31restructuringcompletedUnited StatesMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Quarter included expense associated with a workforce reduction; no employee count or charge amount quantified in the filing
2019-03-31restructuringin_progressUnited StatesRailroad operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A cites expense associated with a workforce reduction as a partial offset to compensation cost decreases in Q1 2019; no employee count, charge amount, or timing disclosed.
2019-03-31layoffin_progress1,100United StatesAll crafts — railroad operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,100 employees across all crafts were furloughed or in alternate work status at the end of Q1 2019, primarily due to a smaller active locomotive fleet; temporary status, no severance disclosed.
2019-03-31restructuringin_progress1,100MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 1,100 employees across all crafts were either furloughed or in alternate work status due primarily to a smaller active locomotive fleet.
2018-12-31restructuringcompleted3302018-10-232018-12-31Elimination of one operating region and five service units (management personnel)USD 23 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Reduction of approximately 330 management employees occurred in Q4 2018 as part of a broader effort to align operating resources. Total 2018 workforce-reduction charges were $25 million ($23 million severance plus $2 million equity compensation acceleration), described as primarily management employee termination benefits. Actions described as substantially complete.
2018-12-31restructuringcompleted1402018-10-232018-12-31Agreement (union-represented) positionsrestructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Approximately 140 agreement positions were reduced as part of ongoing initiatives, disclosed alongside the October 23, 2018 management reduction; no separate charge is attributed to this component.
2018-12-31restructuringcompleted3302018-10-232018-12-31United StatesOperations — one operating region and five service units eliminatedUSD 25 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Total 2018 pretax charge of $25 million (severance $23M, equity compensation $2M) covers both disclosed components of the 2018 program; charge shown here once.
2018-12-31reduction_in_forcecompleted1402018-10-232018-12-31United StatesAgreement (represented) positions — ongoing efficiency initiativesrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 140 agreement positions reduced as part of ongoing initiatives; charge not separately disclosed (included in the $25M total above).
2018-12-31restructuringcompleted3302018-10-232018-12-31United StatesManagementUSD 25 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Elimination of one operating region and five service units. Includes 330 management employees and approx 140 agreement positions. Total pretax charge $25 million.
2018-12-31restructuringcompleted1402018-10-232018-12-31United StatesAgreement Positionsrestructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Approximately 140 agreement positions reduced as part of ongoing initiatives. Charges included in the $25 million total.
2018-12-31restructuringin_progressUSD 25,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-12-31restructuringin_progressCompensation And Benefits Expense [Member] / Equity Compensation [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-12-31restructuringin_progressCompensation And Benefits Expense [Member] / Employee Severance [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-12-31restructuringin_progress140Agreement Positions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2018-12-31restructuringin_progress460Management Positions. [Member]restructuring_footnote
f5-10k / no-ai-xblr
2018-12-31restructuringin_progress330Management Positions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringannounced4752018-10-232018-12-31United StatesRailroad operations — elimination of one operating region and five service unitssubsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Announced October 23, 2018 as part of broader effort to align operating resources with long-term strategic initiatives; also includes reduction of approximately 200 contractors. Expected to be substantially completed in Q4 2018. No further restructuring plans approved; management continues evaluating cost-reduction opportunities.
2018-09-30restructuringannounced4752018-10-232018-12-31United StatesOperations (one operating region and five service units)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced elimination of one operating region and five service units; reduction of about 475 employees plus 200 contractors, expected substantially complete in Q4 2018. No charge disclosed. Contractors excluded from employee count.
2018-09-30layoffin_progress250United StatesOperations (all crafts)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 250 employees across all crafts furloughed at the end of Q3 2018 amid network congestion; furloughs are temporary. No announcement date or charge disclosed.
2018-09-30othercompletedUnited StatesUnion-represented workforceother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Collective bargaining concluded with all rail unions; pattern agreements ratified by unions covering nearly 75% of the agreement workforce, with remaining 25% resolved through binding arbitration upholding the pattern. Dates not specified in filing.
2018-09-30restructuringannounced4752018-10-232018-12-31subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Announced elimination of one operating region and five service units; reduction of approximately 475 employees expected to be substantially completed in Q4 2018.
2018-09-30restructuringannounced2002018-10-232018-12-31subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Reduction of approximately 200 contractors associated with the October 23, 2018 restructuring announcement.
2018-06-30layoffin_progress250United StatesAll craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 250 employees across all crafts were furloughed as of the end of Q2 2018; figure is approximate.
2018-06-30othercompletedUnited StatesUnionized agreement workforceMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Unions representing about 75% of the agreement workforce ratified new collective bargaining agreements by significant margins.
2018-06-30othercompletedUnited StatesUnionized agreement workforceMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
A two-union coalition (about 20% of agreement workforce) pursued binding arbitration on health plan provisions; an arbitration award in UPRR's favor was issued in May 2018.
2018-06-30otherin_progress2018-08United StatesUnionized agreement workforceMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
The sole remaining union (about 5% of agreement workforce) agreed to final and binding arbitration scheduled for August 2018.
2018-06-30layoffin_progress250United StatesAll craftsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Filer reports approximately 250 employees across all crafts were furloughed at the end of Q2 2018 amid network operational challenges; no severance charge or completion date disclosed. Furloughs are temporary.
2018-06-30otherin_progress2018-08-31United StatesUnionized workforce (collective bargaining)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Unions representing about 75% of the agreement workforce ratified agreements; a coalition of two unions (~20% of agreement workforce) went to binding arbitration on health plan terms (award issued in UPRR's favor in May 2018); the sole remaining union (~5%) has binding arbitration scheduled for August 2018. Percentages refer to the agreement workforce, not total headcount.
2018-06-30othercompleted2502018-06-302018-06-30all craftsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 250 employees across all crafts were furloughed at the end of the second quarter.
2018-03-31otherin_progress300United StatesAll craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
At quarter-end, roughly 300 employees across all crafts were furloughed or in alternate work status amid network operational challenges; approximately 300 road locomotives were also in storage.
2018-03-31otherin_progressUnited StatesRail labor unionsother
f5-10q / GLM-5.3-flash-fp4-HTML
Collective bargaining under the Railway Labor Act since January 2015: tentative agreements reached with 12 of 14 major unions; nine ratified, a two-union coalition agreed to the wage pattern with health-plan arbitration scheduled for early May, and remaining unions are in re-balloting or mediation.
2018-03-31layoffin_progress300United StatesRailroad operations — all craftsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximate count as of the end of Q1 2018: about 300 employees across all crafts were furloughed or in alternate work status amid network congestion and execution challenges; roughly 300 high-horsepower road locomotives were also placed in storage. No severance charge disclosed.
2018-03-31otherin_progressUnited StatesRailroad operations — unionized/agreement workforce (14 major rail unions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Industry-wide collective bargaining under the Railway Labor Act, ongoing since January 2015. Tentative agreements reached with 12 of 14 major unions; nine unions (nearly 70% of the agreement workforce) ratified, a coalition of two unions (about 20%) agreed the wage pattern with health-plan arbitration scheduled for early May, and remaining unions are re-balloting or in mediation. No affected-employee count or wage figures disclosed.
2017-12-31reduction_in_forcecompleted4602017-08-16United StatesManagement and administrative positionsrestructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Management and administrative reorganization plan approved August 16, 2017, eliminating roughly 460 management positions. Plan-level pretax charge of $86 million recognized in Q3 2017 compensation and benefits expense (pension $69M, severance $12M, equity compensation $5M) was not disaggregated between position categories. Note 6 attributes a $20M pension curtailment and $49M special termination benefit to eliminated future service for these management employees. Note 4 states actions are substantially complete with no further charges expected.
2017-12-31reduction_in_forcecompleted2502017-08-16United StatesAgreement (union-represented) positionsrestructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Same plan approved August 16, 2017, eliminating approximately 250 agreement (union-represented) positions alongside the management reduction. The $86 million plan-level pretax charge was not disaggregated between the two position categories.
2017-12-31restructuringcompleted4602017-08-162017-12-31United StatesManagement and administrative personnelrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Plan approved August 16, 2017 reduced approximately 460 management positions. Total plan charge was $86 million (pension $69M, severance $12M, equity compensation $5M), not allocated by position type; actions substantially complete with no further charges expected.
2017-12-31restructuringcompleted2502017-08-162017-12-31United StatesAgreement (union-represented) positionsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Same program as the management-position reduction; 250 agreement positions eliminated. Charge components are disclosed only at the total program level.
2017-12-31otherannounced2018-02-09United StatesUnion labor relationssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent to year-end, tentative agreements failed ratification with two unions in early February 2018 (about 10% of the agreement workforce); nine unions representing nearly 70% had ratified, and mediation continued with a coalition of two unions covering about 20% of the agreement workforce.
2017-12-31restructuringcompleted7102017-08-162017-12-31United StatesManagement and AdministrativeUSD 86 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reduction of approximately 460 management positions and 250 agreement positions. Actions substantially complete in 2017.
2017-12-31restructuringin_progressUSD 86,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-31restructuringin_progressEquity Compensation [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-31restructuringin_progressPension. [Member]USD 69,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-31restructuringin_progressPension [Member]USD 69,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-31restructuringin_progressEmployee Severance [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-31restructuringin_progress250Agreement Positions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2017-12-31restructuringin_progress460Management Positions. [Member]restructuring_footnote
f5-10k / no-ai-xblr
2017-12-31restructuringin_progress460Management Positions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringcompleted6102017-08-162017-09-30United StatesManagement and administrative personnel; agreement positionsUSD 84 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization plan reduced approximately 460 management positions and 150 agreement positions; an additional 100 agreement positions were identified for elimination through the remainder of 2017. Pretax charge of $84 million comprised of $67M pension, $12M severance, $5M equity compensation. Actions substantially complete; no additional charges expected in subsequent years.
2017-09-30otherannounced2017-10-05United StatesRail labor unions (Coordinated Bargaining Group)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Six rail unions in the Coordinated Bargaining Group, representing nearly 60% of U.S. railroad employees in collective bargaining, reached a Tentative National Agreement covering January 1, 2015 through December 31, 2019.
2017-09-30restructuringin_progress4602017-08-16Management and administrative personnelUSD 84 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 460 management positions reduced under the plan approved August 16, 2017. The $84 million pretax charge (pension $67M, severance $12M, equity compensation $5M) covers the entire plan, not this component alone. Actions described as substantially complete with no further charges expected.
2017-09-30restructuringin_progress1502017-08-16Agreement positionsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
150 agreement positions reduced under the same plan; charge included in the $84 million plan total recorded in compensation and benefits expense.
2017-09-30restructuringin_progress1002017-08-162017-12-31Agreement positionsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Additional agreement positions identified for elimination during the remainder of 2017; no incremental charge expected in subsequent years.
2017-09-30otherin_progress800United StatesAll craftsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
At the end of Q3 2017, approximately 800 employees across all crafts were furloughed or in alternate work status; roughly 1,000 locomotives were in storage. Resource flexing amid a 1% volume decline.
2017-09-30otherannounced2017-10-05United StatesRail labor unions (Coordinated Bargaining Group)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter event: six rail unions in the Coordinated Bargaining Group reached a Tentative National Agreement with the railroads, covering nearly 60% of U.S. railroad employees in collective bargaining, effective 2015-01-01 through 2019-12-31. No affected-employee count disclosed.
2017-09-30restructuringcompleted7102017-08-162017-12-31Management and administrativeUSD 84 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved Aug 16, 2017. Includes reduction of ~460 management positions and 150 agreement positions. Additional 100 agreement positions identified for elimination in remainder of 2017. Actions substantially complete.
2017-09-30restructuringin_progressUSD 84,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progressEquity Compensation [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progressPension. [Member]USD 67,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progressEmployee Severance [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progressAsu201707 [Member] / Pension. [Member]USD 67,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progress150Agreement Positions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progress460Management Positions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30otherin_progress1,100United StatesAll craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 1,100 employees across all crafts were either furloughed or in alternate work status at quarter-end amid resource alignment efforts; workforce levels decreased 2% while volumes grew 5%.
2017-06-30otherin_progress1,100United StatesAll craftsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,100 employees across all crafts were furloughed or in alternate work status at the end of Q2 2017; count is approximate and combines furloughed and alternate-status workers. Presented as a status snapshot rather than a discrete announced action.
2017-03-31otherin_progress2,300All craftsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 2,300 employees across all crafts were either furloughed or in alternate work status at quarter-end amid workforce reductions of 4% versus prior year
2017-03-31otherin_progress2,300United StatesAll craftsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
At the end of Q1 2017, about 2,300 employees across all crafts were furloughed or in alternate work status as the company right-sized resources amid weather disruptions and volume growth; not a formal RIF or restructuring program.
2016-09-30otherin_progress3,200United StatesRailroad operationsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 3,200 employees were either furloughed or in alternate work status at quarter-end as the company aligns resources with lower market demand; not a formal restructuring program.
2016-09-30otherin_progress3,200United StatesRailroad operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 3,200 employees were furloughed or in alternate work status at the end of Q3 2016 as the company aligned resources with lower market demand; no announcement date or charge disclosed. Furloughs are temporary, not permanent separations.
2016-09-30otherin_progress3,200MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 3,200 employees were either furloughed or in alternate work status at the end of the third quarter.
2016-06-30otherin_progress3,900United StatesRailroad operationsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 3,900 employees were either furloughed or in alternate work status at quarter-end as the company aligned resources to lower market demand; approximately 1,700 locomotives were also placed in storage.
2016-06-30otherin_progress3,900United StatesRailroad operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 3,900 employees were furloughed or placed in alternate work status at the end of Q2 2016 as the company aligned resources to lower volume levels; no severance charge or formal program disclosed. Approximately 1,700 locomotives were also in storage at quarter-end.
2016-06-30othercompleted3,900MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 3,900 employees either furloughed or in alternate work status due to aligning resources to market demands.
2016-03-31layoffin_progress4,400United StatesRailroad operationsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 4,400 employees were either furloughed or in alternate work status at quarter-end as the company aligned resources with lower demand; figure is approximate and includes furloughs, which may be temporary.
2016-03-31otherin_progress4,400United StatesRailroad operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 4,400 employees were furloughed or in alternate work status at quarter-end as the company aligned resources with lower volumes; no severance charge disclosed. Approximately 1,400 locomotives were also in storage.
2016-03-31othercompleted4,400MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 4,400 employees either furloughed or in alternate work status at end of quarter due to lower volumes.
2015-09-30otherin_progress2,700United StatesRailroad operationsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 2,700 employees were in furlough or alternate work status at quarter-end as the company aligned resources with lower demand; approximately 950 locomotives were also placed in storage. Count is approximate.
2015-09-30layoffin_progress2,700United StatesRailroad operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 2,700 employees were furloughed or in alternate work status at the end of Q3 2015 as the company aligned resources to lower volumes; no severance charge or completion date disclosed. Approximately 950 locomotives were also in storage.
2015-09-30otherin_progress2,700MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 2,700 employees either furloughed or in alternate work status at end of quarter.
2015-06-30otherin_progress1,200United StatesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,200 employees were furloughed or in alternate work status at the end of Q2 2015 as the company balanced resources with lower volumes; count is approximate as disclosed, alongside about 900 locomotives in storage. No severance charge or completion date disclosed.
2015-06-30otherin_progress1,200MD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 1,200 employees either furloughed or in alternate work status at end of quarter due to lower volumes.
2015-03-31layoffcompleted500United StatesMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 500 employees were furloughed or in alternate work status at quarter-end as volumes declined due to the West Coast port slowdown and lower crude oil and natural gas prices; count is approximate.
2015-03-31otherin_progress5002015-03-31United StatesRailroad operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 500 employees either furloughed or in alternate work status at quarter end, tied to West Coast port slowdown and lower crude oil and natural gas prices; count is approximate and combines furloughed and alternate-status workers. No explicit announcement date disclosed; quarter-end date used.
2014-06-30othercompleted1,1002014-07-25United StatesTrain, Engine and Yard (TE&Y) employeesMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Surge hiring: over 1,100 TE&Y employees added since the beginning of the year, along with over 500 locomotives added to the active fleet, to address demand growth and a slower network; furloughed employees were recalled and stored locomotives reactivated.
2012-12-31othercompleted86%United StatesUnion-represented railroad workforce (14 major rail unions)MD&A
f5-10k / GLM-5.3-flash-HTML
Round of national labor negotiations begun in 2010 concluded during 2012 with ratification of similar multi-year agreements by all 14 major rail unions, providing higher wages and greater employee cost sharing of health and welfare benefits; next bargaining round begins early 2015. Percent reflects the union-represented share of full-time-equivalent employees. No headcount change, charge, or completion date disclosed.
2012-12-31othercompletedUnited StatesRailroad operations — represented workforceItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Round of negotiations begun in 2010 concluded during 2012 with ratification of multi-year agreements by unions that continued negotiating into 2012; agreements provide higher wages and higher employee cost sharing for health and welfare benefits. Next negotiations begin early 2015.
2012-06-30othercompleted2012-04-01United StatesMaintenance of Way employeesMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
In April 2012, Brotherhood of Maintenance of Way Employees members ratified a new agreement with major freight railroads, concluding the industry's national collective bargaining round; 12 other unions had previously ratified.
2012-06-30othercompleted2012-04United StatesRail operations — maintenance of wayother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
BMWE members ratified a new national agreement with major freight railroads in April 2012, joining 12 previously ratifying unions and concluding the industry's national collective bargaining negotiations. No employee count or financial impact disclosed.
2012-06-30othercompleted2012-04-01United StatesRailroad Operationsother
f5-10q / Qwen3.6-27B-Q8_0
Brotherhood of Maintenance of Way Employees ratified new agreement with major freight railroads, concluding national collective bargaining negotiations.
2011-12-31othercompleted2011-11-05United StatesItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Negotiation round begun January 2010; first settlement with United Transportation Union in September 2011; after November 2011 Presidential Emergency Board recommendations, ten unions reached and ratified agreements patterned on those recommendations.
2011-12-31otherannounced2012-02-02United StatesItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Post-fiscal-year-end industry-wide tentative agreement with the Brotherhood of Maintenance of Way Employees removes immediate threat of a national rail strike; member ratification pending as of the 2012-02-03 filing date.
2011-12-31othercompleted2011-11-05United StatesRail operations — union workforceItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Round of national rail labor negotiations: Presidential Emergency Board recommendations issued 2011-11-05; ten unions subsequently reached and ratified agreements patterned on the PEB recommendations (United Transportation Union agreement reached September 2011). No headcount impact or charge disclosed.
2011-12-31otherannounced2012-02-02United StatesRail operations — Brotherhood of Maintenance of Way Employeessubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent event after fiscal year-end: tentative agreement with BMWE reached 2012-02-02, eliminating the immediate threat of a national rail strike; member ratification to follow. No headcount impact or charge disclosed.
2011-09-30othercompleted2011-09-02United StatesRailroad operationsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
United Transportation Union, the largest union in national rail bargaining, ratified an agreement with the railroads covering nearly a third of railroad employees in collective bargaining. Remaining unsettled unions rejected the terms; the National Mediation Board released the parties from mediation, and on October 6, 2011 a Presidential Emergency Board was created to investigate the dispute with two coalitions representing 11 unions, extending the bargaining process by 60 days.
2011-09-30othercompleted2011-09-02United StatesNational rail labor bargaining (United Transportation Union)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
UTU, the largest union in national rail bargaining, ratified a national agreement covering nearly a third of railroad employees in collective bargaining.
2011-09-30otherannounced2011-10-06United StatesNational rail labor bargaining (11 unions across two coalitions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter event: Presidential Executive Order created a Presidential Emergency Board after remaining unions rejected the UTU terms; extends bargaining 60 days (30-day investigation plus 30-day cooling-off period).
2011-09-30otherin_progress2011-10-06United StatesRailroad Operationsother
f5-10q / Qwen3.6-27B-Q8_0
President Obama signed Executive Order creating Presidential Emergency Board to investigate dispute with 11 unions after UTU ratified agreement. PEB extends bargaining process for 60 days.
2010-03-31otherin_progressUnited StatesCompany-wideMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A states demand-driven resource adjustments and productivity initiatives reduced the workforce by 6% versus the prior-year quarter; no absolute headcount reduction, severance charge, or program timeline is disclosed. Average employees fell from 44,997 to 42,130 (prior-year figure shown for context only, not extracted as a metric).
2009-12-31restructuringcompleted10%2009-12-31United StatesCompany-wideMD&A
f5-10k / GLM-5.3-flash-HTML
Demand-driven resource adjustments and productivity initiatives executed throughout 2009 reduced the workforce by 10% versus 2008, generating $516 million of compensation and benefits savings. Components disclosed: shift levels reduced at most rail facilities and operations closed or significantly reduced at 30 of 114 principal rail yards. Only a percentage workforce reduction is disclosed; no absolute affected-employee count or severance charge is stated.
2009-12-31restructuringcompleted10%2009-12-31United StatesCompany-wideMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Demand-driven resource adjustments and productivity initiatives reduced the workforce by 10% during 2009 versus 2008; no absolute affected-employee count or severance charge disclosed. Related resource reductions included storing 26% of road locomotives and 18% of the freight car inventory by year end.
2009-12-31plant_closurecompleted2009-12-31United StatesRail yard operationsMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Shift levels reduced at most rail facilities and operations closed or significantly reduced at 30 of 114 principal rail yards during 2009; associated employee count not disclosed.
2009-12-31restructuringcompleted10%2009-01-012009-12-31United StatesAllMD&A
f5-10k / Qwen3.6-27B-Q8_0
Workforce reduced by 10% due to demand-driven resource adjustments and productivity initiatives. Specific headcount reduction number not disclosed, only percentage.
2009-09-30otherin_progressUnited StatesCorporation-wideMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Demand-driven resource adjustments and productivity initiatives reduced average workforce 11% vs. Q3 2008 (10% YTD); no absolute headcount figure, severance charge, or discrete program disclosed. Related operational context: ~1,800 road locomotives and 53,500 freight cars stored as of September 30, 2009.
2009-06-30reduction_in_forcein_progress10%United StatesCompany-wideMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Demand-driven resource adjustments and productivity initiatives reduced the workforce by 10% versus Q2 2008; approximately 2,000 road locomotives and 60,000 freight cars also removed from service. No discrete employee count or severance charge disclosed.
2009-06-30otherin_progressUnited StatesCompany-wideMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A reports demand-driven resource adjustments and productivity initiatives reduced the workforce 10% versus the second quarter of 2008 (9% for the six-month period); no discrete program, affected-employee count, or severance charge is disclosed.
2009-03-31layoffin_progress8%United StatesCompany-wide (Railroad)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Demand-driven resource adjustments and productivity initiatives reduced the workforce by 8% during the quarter, saving $106 million in compensation and benefits; no discrete RIF program or severance charge disclosed. Fewer train and engine personnel reflected 21% lower volume.
2009-03-31otherin_progress8%United StatesCompany-wideMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A states demand-driven resource adjustments and productivity initiatives reduced the workforce by 8% during the quarter; no absolute headcount figure, announcement date, or severance charge disclosed. Related resource reductions included removing about 24% of road locomotives and 26% of the freight car inventory from service.
2008-12-31othercompleted86%2008United StatesUnion-represented rail employees (14 major rail unions)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Union ratifications: bargaining round concluded in 2008 when the final three unions (yardmasters, United Transportation Union, IAM) ratified multi-year agreements with wage increases and increased health/welfare cost sharing. All 14 unions executed similar agreements; the 86% is the filer's disclosed union-represented share of the 48,242 FTE workforce. Agreements expire December 31, 2009, with next negotiations beginning late 2009 (wage step-ups include July 2008 4.0% and scheduled July 2009 4.5%).
2008-12-31othercompleted4%2008-12-31United StatesCompany-wideMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Year-over-year decline in average workforce attributed to productivity initiatives and lower volume, saving $227 million versus 2007; not a discrete named program and no affected-employee count is given.
2008-12-31othercompleted2008-12-31United StatesUnion-represented workforceItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Most recent round of national bargaining concluded in 2008 when the last three unions (yardmasters, United Transportation Union, IAM) ratified new multi-year agreements with wage increases and higher health/welfare cost sharing; agreements expire 2009-12-31.
2007-12-31othercompleted2007-06United StatesRailroad operations — unionized workforceItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Six unions (locomotive engineers/trainmen, maintenance of way, signalmen, firemen/oilers, boilermakers, sheet metal workers) ratified a five-year agreement with annual wage increases (3.0% July 2007; 4.0% 2008; 4.5% 2009, with earlier increases retroactive) and increased health and welfare cost sharing.
2007-12-31othercompleted2007-09United StatesRailroad operations — unionized workforceItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Second bargaining group (Transportation Communications International Union, Brotherhood of Railway Carman, International Brotherhood of Electrical Workers) ratified the same five-year agreement in September 2007; the IAM failed to ratify it that month.
2007-12-31othercompleted2007-09United StatesRailroad operations — unionized supervisorsItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Settlement reached with the American Railway and Airway Supervisors Association as part of the round of national bargaining begun in January 2005.
2007-12-31otherannounced2008-01United StatesRailroad operations — unionized workforceItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Tentative agreement reached with the United Transportation Union in January 2008 (after fiscal year-end); negotiations remain open with the IAM and United Supervisors Council of America (Yardmasters), with existing agreements continuing under Railway Labor Act procedures.
2007-12-31othercompleted2007-06United StatesRailroad operations — union-represented workforceItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Five-year collective bargaining agreement ratified in June 2007 by six unions and in September 2007 by a second bargaining group, providing wage increases of 2.5% (Jul 2005), 3.0% (Jul 2006), 3.0% (Jul 2007), 4.0% (Jul 2008) and 4.5% (Jul 2009) plus increased health and welfare cost sharing. The IAM did not ratify in September 2007; negotiations continued with the IAM and Yardmasters at year-end, and a tentative agreement with the United Transportation Union was reached in January 2008 (subsequent event). No headcount impact quantified.
2007-09-30othercompleted2007-06-01United StatesRailroad operationsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Five-year labor agreement ratified in June 2007 by BLET, BMWE, BRS, IBFO, IBBB, and SMW, and in September by TCU, BRCA, and IBEW; provides wage increases (July 2007: 3.0%) and increased employee health and welfare cost sharing. IAM failed to ratify; negotiations continue with IAM and UTU.
2007-09-30othercompleted2007-06United StatesMultiple unions: BLET, BMWE, BRS, IBFO, IBBB, SMWother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Five-year collective bargaining agreement ratified in June 2007 providing wage increases of 2.5% (Jul 2005), 3.0% (Jul 2006), 3.0% (Jul 2007), 4.0% (Jul 2008), 4.5% (Jul 2009), plus increased employee health and welfare cost sharing. No affected-employee count disclosed.
2007-09-30othercompleted2007-09United StatesSecond bargaining group: TCU, BRCA, IBEWother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Second bargaining group ratified the same five-year agreement in September 2007. No affected-employee count disclosed.
2007-09-30otherin_progress2007-09United StatesIAM and UTU bargaining unitsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
IAM failed to ratify the agreement in September 2007; negotiations continue with IAM and UTU under the Railway Labor Act. Existing agreements remain in effect with periodic cost-of-living increases.
2007-06-30othercompleted2007-06United StatesRail operationsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Six unions (BLET, BMWE, BRS, IBFO, IBBB, SMW) ratified a five-year agreement in June 2007 with wage increases of 2.5%-4.5% annually (July 2005-July 2009) and increased employee health and welfare cost sharing. A second four-union group reached a tentative agreement in July 2007, ratification expected September; one union still in negotiation.
2007-06-30othercompleted2007-06United StatesRailroad operations — represented craft unionsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six unions ratified a five-year agreement with wage increases and higher employee health and welfare cost sharing; annual wage increases range from 2.5% (July 2005) to 4.5% (July 2009). No employee count or charge disclosed.
2007-06-30otherannounced2007-07United StatesRailroad operations — second bargaining group (four unions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tentative agreement reached in July 2007 on the same terms as the ratified five-year deal; ratification results expected in September 2007. One additional union remained in negotiations.
2004-12-31restructuringcompletedUnited States — various locations consolidated into Omaha, NebraskaSupport functions (non-transportation)MD&A
f5-10k / GLM-5.3-flash-HTML
FY2004 expense discussion cites severance costs tied to relocating various support functions to Omaha, Nebraska, with related relocation costs in purchased services; headcount affected and severance amount are not quantified.
2004-12-31restructuringin_progressUnited States (Omaha, Nebraska)Corporate support functionsMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
MD&A attributes part of the 2004 wage and benefit cost increase to severance costs from relocating various support functions to Omaha, Nebraska; no employee count or charge amount disclosed. Relocation also cited in Purchased Services and Other Costs.
2004-09-30otherin_progressOmaha, Nebraska, United StatesSupport functions (customer service, accounting, information technology)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Relocation of support functions to Omaha generated severance costs in the third quarter of 2004; also drove a reduction in deferred state income tax liability in Q1 2004. No employee count or severance amount disclosed.
2004-06-30otherin_progress1,3002004-09-30Train service (trainmen)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Planned hiring of an additional 1,300 trainmen in the third quarter of 2004; by year-end over 5,000 new employees will have been placed in train service
2003-12-31divestiture_reductioncompleted2003-11-052003-11-05United StatesTrucking (Overnite Transportation Company and Motor Cargo Industries, Inc.)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Entire trucking interest sold via underwritten IPO of Overnite Corporation completed November 5, 2003 (date shown is completion date; original announcement date not given in this filing). Generated $620 million cash proceeds and a $211 million gain, including a $126 million income tax benefit. Number of employees removed with the divested trucking segment was not disclosed; trucking operations were reclassified as discontinued operations in 2003, leaving the Railroad as the only operating segment.
2003-12-31divestiture_reductioncompleted2003-11-052003-11-05United StatesTrucking (Overnite Corporation — Overnite Transportation Company and Motor Cargo Industries)USD 211 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of the entire trucking interest via underwritten IPO of Overnite Corporation common stock; $620 million cash proceeds including a $128 million Overnite dividend, $227 million intercompany payable forgiven, and a $211 million gain (including a $126 million income tax benefit). Trucking segment reclassified as a discontinued operation for all periods presented. Headcount of the divested operations is not disclosed.
2003-12-31otherin_progressUnited StatesTrain operations — trainmen and engineersMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Third and fourth quarter network performance was hurt by a shortage of trainmen and engineers; management put in place programs to hire and train additional employees and accelerate locomotive acquisitions. No headcount or cost quantified.
2003-12-31divestiture_reductioncompleted2003-11-052003-11-05United StatesTrucking (Discontinued Operations)Item 1. Business - Discontinued Operations
f5-10k / Qwen3.6-27B-Q8_0
Completed sale of entire trucking interest (Overnite Corporation) in November 2003. Specific headcount removed not disclosed.
2003-09-30divestiture_reductioncompleted2003-11-052003-11-05United StatesTrucking (Overnite Transportation Company and Motor Cargo Industries)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
UPC completed the IPO sale of its entire trucking interest on 2003-11-05; proceeds approximately $610 million. No employee count disclosed for the divested segment.
2003-09-30otherin_progressUnited StatesRailroad operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A discloses a 3% reduction in employee force levels for Q3 and 2% year-to-date, partially offsetting wage inflation; no absolute headcount or formal program identified.
2003-09-30otherannounced2004-03-31United StatesRailroad operations — trainmen, engineers, yardmastersMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Railroad announced hiring and training programs to address crew shortages, expected to remediate by early 2004; no hiring volume quantified.
2003-06-30divestiture_reductionannounced2003-08-04United StatesTrucking segment (Overnite Transportation Company and Motor Cargo Industries)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Union Pacific announced intent to divest its entire trucking interest via an IPO of Overnite Corporation, initially selling about 90.9% of Overnite common stock. No employee headcount figures were disclosed for the affected trucking workforce.
2003-06-30divestiture_reductionannounced2003-08-04United StatesTrucking (Overnite Transportation and Motor Cargo)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter announcement of an IPO of the trucking segment; segment to be reclassified as discontinued operations in Q3 2003. No employee count disclosed.
2003-03-31reduction_in_forcecompleted295Administrative positionsUSD 14 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Involuntary severance for approximately 295 administrative positions during Q1 2003; charge was pre-tax.
2003-03-31reduction_in_forcecompleted295United StatesAdministrativeUSD 14 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Involuntary severance of approximately 295 administrative positions incurred during Q1 2003; charge stated pre-tax. No announcement date or completion date given.
2003-03-31otherin_progressUnited StatesRailroad (corporate/retiree benefits)USD 20 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Assumed rate of return on pension plan assets lowered from 9% to 8% in Q1 2003, increasing 2003 pension expense by $20 million; not a headcount action but a workforce-benefit cost event. Voluntary pension contributions of $20M (Overnite) and $50M (Railroad) also made in the quarter.
2003-03-31reduction_in_forcecompleted2952003-03-312003-03-31AdministrativeUSD 14 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Involuntary severance of approximately 295 administrative positions incurred $14 million pre-tax charge in Q1 2003.
2002-12-31reduction_in_forceannounced1,0002003-02-212003-12-31United StatesAdministrative positionsUSD 45 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Planned 2003 reduction of approximately 1,000 administrative positions via attrition and involuntary severance; majority of the pre-tax severance cost expected in Q1 2003. Disclosed in the FY2002 Form 10-K; filing date used as announcement date.
2002-12-31othercompleted2002-10-24United StatesTrucking (Overnite Transportation Company)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Teamsters ended the national strike against OTC that had been called three years earlier (1999).
2002-12-31othercompleted2002-08United StatesRailItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Five-year national agreement with the United Transportation Union (UTU): wage increases of 4.0% (Jul 2002), 2.5% (Jul 2003) and 3.0% (Jul 2004); health/welfare cost sharing referred to arbitration; provides for trainmen to operate remote control locomotives.
2002-12-31othercompleted2002-11United StatesRailItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Five-year agreement with the International Brotherhood of Boilermakers and Blacksmiths (IBB) following the UTU wage pattern.
2002-12-31othercompleted2003-01United StatesRailItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Post-period (January 2003) arbitration award establishing wage increases and employee health/welfare cost sharing for the Transportation Communications International Union (TCU).
2002-12-31reduction_in_forceannounced1,0002003-02-212003-12-31United StatesAdministrativeUSD 45 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Planned reduction of approximately 1,000 administrative positions through attrition and involuntary severance during 2003; majority expected in Q1 2003. Disclosed as forward-looking in the FY2002 10-K.
2002-12-31restructuringcompleted2,0002000-10-012001-12-31United StatesRailUSD 115 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Plan approved in Q4 2000 for elimination of approx 2,000 Railroad positions. Completed in Dec 2001 via subsidized early retirements, involuntary layoffs, and attrition. Charge of $115M pre-tax recorded in 2000.
2002-12-31reduction_in_forceannounced1,0002003-01-012003-12-31United StatesAdministrativeUSD 45 (millions)subsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Announced in 2002 10-K for execution in 2003. Reduction of approx 1,000 administrative positions via attrition and involuntary severance. Estimated cost $45M pre-tax.
2002-09-30othercompleted2002-10-24United StatesTrucking (Overnite Transportation Company)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Teamsters union unconditionally ended a strike at Overnite that began October 24, 1999; affected employees represented less than 3% of OTC's work force. Company states termination will not significantly impact OTC's future financial results.
2002-09-30othercompleted1999-10-242002-10-24United StatesTrucking (Overnite Transportation Company)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Teamsters three-year walkout ended unconditionally on 2002-10-24; affected employees represented less than 3% of OTC's work force; filer states no significant future financial impact
2002-09-30otherin_progress2002-09-26United States (West Coast ports)Intermodal / RailMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
ILWU-PMA labor dispute caused four-day lockout at end of Q3 continuing nine days into Q4; not UPC employees; expected Q4 2002 earnings impact of 5-10 cents per diluted share
2002-09-30othercompleted2002-10-24United StatesTrucking (Overnite Transportation Company)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Teamsters unconditionally ended three-year walkout on Oct 24, 2002. Affected employees represented less than 3% of OTC's workforce.
2002-09-30otherin_progressWest Coast, United StatesRail (Intermodal)MD&A
f5-10q / Qwen3.6-27B-Q8_0
ILWU/PMA labor dispute resulted in work slow-downs and a 4-day lockout at end of Q3, continuing 9 days into Q4. Expected negative impact on earnings of 5-10 cents per diluted share in Q4.
2002-06-30acquisition_additioncompleted2001-11-30Trucking (Overnite Corporation - Motor Cargo Industries, Inc.)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Motor Cargo Industries acquired November 30, 2001, operating as a separate subsidiary of Overnite; contributed $35 million of revenue in Q2 2002 and $67 million YTD, but no employee headcount figures disclosed.
2002-03-31acquisition_additioncompleted2001-10-152002-02-14United States (10 western states)Trucking (Overnite)USD 85 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Motor Cargo Industries acquisition completed via tender offer (99.7% of shares Nov 29, 2001) and merger Feb 14, 2002; purchase price approximately $85 million. No employee headcount added was disclosed.
2002-03-31otherin_progressUnited StatesTrucking (Overnite Transportation Company)other
f5-10q / GLM-5.3-flash-fp4-HTML
NLRB bargaining-order litigation involving Teamsters locals at OTC. On Feb 11, 2002 the full Fourth Circuit ruled in favor of OTC on the first four bargaining orders and remanded for new representation elections; seven remaining cases held in abeyance. No employee counts disclosed.
2002-03-31acquisition_additioncompleted2001-10-152002-02-14United States (10 western states)Truckingother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger completed February 14, 2002; purchase price approximately $85 million. No employee headcount added disclosed.
2002-03-31otherin_progress2002-02-11United StatesTrucking (Overnite Transportation Company)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Fourth Circuit ruled in favor of OTC on bargaining order remedy in first four NLRB/Teamsters cases, remanding for new representation elections. Seven additional cases pending. No employee counts disclosed.
2002-03-31acquisition_additioncompleted2001-10-152002-02-14Western United StatesTruckingUSD 85 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Merger with Motor Cargo Industries, Inc. completed Feb 14, 2002. Purchase price approx $85 million. Headcount added not explicitly quantified in this filing, though revenue impact of $32 million and expense impact of $31 million noted for Q1 2002.
2001-12-31reduction_in_forcecompleted2,0214%20002001-12United States (23-state rail system)Railroad (rail segment)USD 115 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Board approved the plan in Q4 2000 to eliminate approximately 2,000 Railroad positions during 2001. Completed December 2001 with 2,021 positions eliminated, of which 1,051 were via subsidized early retirements and involuntary layoffs and the remainder via attrition. The $115 million pre-tax ($72 million after-tax) charge was accrued in Q4 2000 and charged to salaries, wages and employee benefits; 2001 plan liability activity included $49 million of severance paid in cash or reclassified for 571 employees and $60 million of subsidized early-retirement benefits covering 480 employees. MD&A attributes a 4% reduction in Railroad employee force levels in 2001 to this plan.
2001-12-31restructuringcompleted5,20019962001United StatesRailroad (rail segment) — Southern Pacific merger integrationUSD 89 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Current-year activity under the multi-year Southern Pacific merger program announced with the 1996 acquisition. UPC completed the elimination of 5,200 duplicate positions in 2001 per the original merger plan and also completed relocation of 4,700 positions, merging or disposing of redundant facilities and certain rail lines. The original cumulative merger liability of $958 million recognized in 1996 was fully utilized by December 31, 2001; 2001 activity was $89 million of cash payments and reclassifications.
2001-12-31acquisition_additioncompleted2001-10-152001-11-30United States (10 western states)Trucking segment — Motor Cargo Industries, Inc.USD 85 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Agreement and Plan of Merger dated October 15, 2001; exchange offer gave UPC 99.7% of Motor Cargo stock as of November 30, 2001, with results consolidated thereafter. Purchase price approximately $85 million including assumed liabilities (not a workforce-specific charge). Employee headcount added was not disclosed; Motor Cargo operated 30 service centers. Remaining shares were acquired in February 2002.
2001-12-31otherin_progress3691999-10-24United StatesTrucking segment — Overnite Transportation CompanyItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Teamsters job action begun October 24, 1999 continued into 2002; Overnite had not entered any collective bargaining agreements with the Teamsters. As of January 19, 2002, approximately 369 employees at 19 service centers — described as less than 3% of Overnite's work force — did not report to work. Despite the stoppage, Overnite improved revenue and profitability year over year.
2001-12-31reduction_in_forcecompleted2,0212001-12-31United States (23-state Railroad system)RailroadUSD 115 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Board approved in Q4 2000 (no exact date disclosed); $115M pre-tax ($72M after-tax) charge accrued in Q4 2000. Plan completed December 2001 with 2,021 positions eliminated via subsidized early retirements (1,051 through layoffs/early retirement, remainder through attrition).
2001-12-31restructuringcompleted5,2002001-12-31United StatesRailroadUSD 89 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Southern Pacific merger integration; 5,200 duplicate positions eliminated in 2001 per original 1996 merger plan. Also completed relocation of 4,700 positions. 2001 merger liability activity was $89M. Original $958M merger liability fully utilized by year-end.
2001-12-31acquisition_additioncompleted2001-10-152001-11-30United States (10 western states)Truckingbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
UPC acquired 99.7% of Motor Cargo stock as of November 30, 2001; results consolidated from that date. Purchase price approximately $85M including assumed liabilities. Motor Cargo headcount not disclosed.
2001-12-31otherin_progress3691999-10-24United StatesTrucking (Overnite)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ongoing Teamsters job action began October 24, 1999 and continued into 2002. As of January 19, 2002, 369 employees at 19 service centers (less than 3% of Overnite's workforce) were not reporting to work.
2001-12-31restructuringcompleted2,0212000-Q42001-12-31United StatesRailUSD 115 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Plan approved in Q4 2000 to eliminate approx 2,000 Railroad positions. Completed Dec 2001 with 2,021 positions eliminated (1,051 via subsidized early retirements/involuntary layoffs, remainder via attrition). Pre-tax charge of $115 million recorded in 2000.
2001-09-30restructuringin_progress2,0002000-10-012001-12-31United States (23-state Railroad system)Rail (Union Pacific Railroad)USD 115 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Board-approved plan in Q4 2000 to eliminate approximately 2,000 Railroad positions during 2001 via attrition, subsidized early retirement and involuntary layoffs; $115M pre-tax ($72M after-tax) accrued in Q4 2000 charged to salaries, wages and benefits. As of Sept 30, 2001, 1,544 positions identified; 986 via subsidized early retirements and involuntary layoffs, remainder via attrition. Plan expected to be completed during remainder of 2001.
2001-09-30reduction_in_forcein_progress4942000-10-012001-12-31United StatesRail (Union Pacific Railroad)USD 42 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2001 plan liability activity includes $42 million paid in cash or reclassified to contractual liabilities for severance benefits to 494 employees under the work force reduction plan.
2001-09-30voluntary_separationin_progress4802000-10-012001-12-31United StatesRail (Union Pacific Railroad)USD 60 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Remaining $60 million of 2001 plan liability activity reflects subsidized early retirement benefits covering 480 employees under the work force reduction plan.
2001-09-30restructuringin_progress5,2001996-09-012001-12-31United StatesRail (UPRR/Southern Pacific merger integration)USD 958 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
SP merger consolidation: UPC will complete elimination of 5,200 duplicate positions in 2001, primarily employees in activities other than train, engine and yard; also relocating 4,700 positions and closing redundant facilities. Original $958 million pre-tax merger liability recognized in 1996; $75 million liability remained at Sept 30, 2001; $3 million charged in Q3 and $14 million in first nine months of 2001.
2001-09-30acquisition_additionannounced2001-10-152001-11-29United States (10 western states)Trucking (Overnite / Motor Cargo)USD 80 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Tender offer announced Oct 15, 2001 to acquire Motor Cargo Industries, a western regional LTL carrier; purchase price approximately $80 million under purchase method; offer open until Nov 29, 2001. No headcount figures disclosed.
2001-09-30restructuringin_progress2,00020002001-12-31United States (23-state Railroad system)Railroad (agreement and non-agreement employees)USD 115 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan approved in Q4 2000 calls for eliminating approximately 2,000 Railroad positions during 2001 via attrition, subsidized early retirement and involuntary layoffs. As of 2001-09-30, 1,544 positions had been identified for elimination (986 via early retirement/involuntary layoffs, remainder through attrition). $115 million pre-tax ($72 million after-tax) accrued in Q4 2000; 2001 activity includes $42 million paid or reclassified for severance to 494 employees and $60 million for subsidized early retirement benefits covering 480 employees, leaving $13 million liability at 2001-09-30.
2001-09-30restructuringin_progress5,2001996-092001-12-31United StatesRailroad — Southern Pacific merger integration (primarily non train, engine and yard activities)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
SP merger integration: UPC will complete elimination of 5,200 duplicate positions in 2001 and relocation of 4,700 positions, plus merging/disposal of redundant facilities and certain rail lines. Original 1996 merger liability was $958 million pre-tax; $75 million remained at 2001-09-30. Corporation charged $3 million in Q3 2001 and $14 million in the nine months 2001 against the merger liability where implementation exceeded the original plan.
2001-09-30acquisition_additionannounced2001-10-152001-11-29United States (14 western states)Trucking (regional LTL carrier)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement and Plan of Merger dated 2001-10-15 with Motor Cargo Industries, Inc.; exchange offer commenced 2001-10-31, open until 2001-11-29. Purchase price approximately $80 million under the purchase method. No employee headcount for Motor Cargo is disclosed.
2001-09-30otherin_progress2001-07-05United States (Fourth Circuit)Trucking — Overnite Transportation Company (labor relations)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NLRB bargaining-order remedy sought in 11 Overnite cases after Teamsters lost representation elections; Fourth Circuit enforced orders in four cases (2001-02-16), then granted rehearing en banc (2001-07-05) with hearing held 2001-09-25 and decision pending; seven other appeals held in abeyance. A twelfth case found no bargaining order warranted. No affected-employee count disclosed.
2001-09-30restructuringin_progress1,5442000-10-012001-12-31United StatesRailUSD 115 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved Q4 2000 to eliminate approx. 2,000 positions. As of Sept 30, 2001, 1,544 identified. Includes 986 via subsidized early retirement/involuntary layoffs and remainder via attrition. Original liability $115M pre-tax.
2001-09-30restructuringin_progress5,2001996-09-012001-12-31United StatesRailUSD 958 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Southern Pacific merger integration. Elimination of 5,200 duplicate positions in 2001. Original pre-tax liability $958M recognized in 1996.
2001-06-30reduction_in_forcein_progress2,0002000-10-012001-12-31United States (23-state Railroad system)Rail (Union Pacific Railroad Company)USD 115 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Board-approved plan in Q4 2000 prompted by economic slowdown; eliminations via attrition, subsidized early retirement and involuntary layoffs across agreement and non-agreement employees. $115M pre-tax ($72M after-tax) accrued in Q4 2000. As of June 30, 2001, 1,336 positions identified; 895 via subsidized early retirements/involuntary layoffs, remainder via attrition. 2001 activity: $30M paid or reclassified for severance to 390 employees; $60M for subsidized early retirement benefits covering 480 employees; remaining liability $25M at June 30, 2001. Plan expected to be completed during remainder of 2001.
2001-06-30restructuringin_progress5,2001996-09-012001-12-31United StatesRail (SP merger consolidation)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
SP acquisition merger plan: elimination of 5,200 duplicate positions to be completed in 2001, primarily employees in activities other than train, engine and yard; also relocation of 4,700 positions, merging/disposing of redundant facilities and certain rail lines. Original 1996 pre-tax merger liability $958M; cumulative activity $880M; remaining liability $78M at June 30, 2001 ($62M severance, $12M relocation, $4M contract cancellation/facility closure). Q2 2001 charge against merger liability $9M; six months $11M.
2001-06-30otherin_progressUnited StatesTrucking (Overnite Transportation Company)other
f5-10q / GLM-5.3-flash-fp4-HTML
Ongoing NLRB bargaining-order proceedings in 12 representation-election cases involving Teamsters locals at Overnite; Fourth Circuit granted rehearing en banc July 5, 2001 in four cases; appeals pending before NLRB in seven others. Related Teamsters derivative shareholder suit filed June 21, 2001 alleging costs from opposing union organizing; defendants moved to dismiss July 31, 2001.
2001-06-30restructuringin_progress1,3362000-10-012001-12-31United States (23-state Railroad system)RailroadUSD 115 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan targets approximately 2,000 position eliminations in 2001; 1,336 identified as of 2001-06-30, of which 895 via subsidized early retirement and involuntary layoffs and the remainder through attrition. $115M pre-tax accrued in Q4 2000; $25M liability remaining at 2001-06-30 after $90M of cumulative activity.
2001-06-30restructuringin_progress5,2001996-09-012001-12-31United StatesRailroad (UPRR / Southern Pacific integration)USD 958 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Elimination of 5,200 duplicate positions in 2001, primarily non-train/engine/yard roles, plus relocation of 4,700 positions with facility mergers/disposals. Original 1996 merger liability of $958M; $78M remaining at 2001-06-30 after $880M cumulative activity. $9M charged against the liability in Q2 2001 and $11M in the six months.
2001-06-30restructuringin_progress2,0002000-10-012001-12-3123-state Railroad systemRailroadUSD 115 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved in Q4 2000 to eliminate approx. 2,000 positions via attrition, subsidized early retirement, and involuntary layoffs. As of June 30, 2001, 1,336 positions identified for elimination (895 via early retirement/layoffs, remainder via attrition). $30M paid/reclassified in 2001; $60M liability remains for 480 employees.
2001-06-30restructuringin_progress5,2001996-09-012001-12-31Railroad (Southern Pacific Merger)USD 78 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Elimination of 5,200 duplicate positions from Southern Pacific acquisition. Remaining merger liability of $78M as of June 30, 2001. $9M charged against liability in Q2 2001.
2001-03-31reduction_in_forcein_progress2,0002000-102001-12-3123-state Railroad systemRail (UPRR)USD 115 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Board-approved plan in Q4 2000 amid economic slowdown; eliminations via attrition, subsidized early retirement and involuntary layoffs across agreement and non-agreement employees. $115M pre-tax ($72M after-tax) accrued in Q4 2000; $17M of liability activity in Q1 2001, leaving $98M.
2001-03-31reduction_in_forcein_progress7762000-102001-12-3123-state Railroad systemRail (UPRR)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Positions identified for elimination as of March 31, 2001 under the plan; roughly 450 via subsidized early retirements and involuntary layoffs, remainder via attrition. Severance for about half of the 450 completed through Q1.
2001-03-31restructuringin_progress5,2001996-092001-12-31United StatesRail (UPRR/SP merger integration)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Elimination of 5,200 duplicate positions to be completed in 2001, primarily non-train/engine/yard roles; also relocation of 4,700 positions. Original $958M pre-tax merger liability; $87M remaining at March 31, 2001 after $2M charged in the quarter.
2001-03-31restructuringin_progress7762000-10-012001-12-31United States (23-state Railroad system)Railroad (agreement and non-agreement employees)USD 115 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan approved Q4 2000 calls for eliminating ~2,000 positions during 2001; 776 identified as of 2001-03-31, of which ~450 via subsidized early retirement and involuntary layoffs, remainder via attrition. $115M pre-tax accrual taken in Q4 2000; $17M plan liability activity in 2001; $98M liability at 2001-03-31.
2001-03-31restructuringin_progress5,2001996-09-012001-12-31United StatesRail (UPRR / Southern Pacific merger integration)USD 87 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
SP merger integration: elimination of 5,200 duplicate positions to be completed in 2001, primarily non-train/engine/yard roles; also relocation of 4,700 positions. Original merger liability $958M; $87M remaining at 2001-03-31; $2M charged against liability in Q1 2001.
2001-03-31restructuringin_progress2,0002000-10-012001-12-3123-state Railroad systemRailroadUSD 115 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved in Q4 2000. 776 positions identified for elimination as of March 31, 2001, via attrition, subsidized early retirement, and involuntary layoffs.
2001-03-31restructuringin_progress5,2002001-12-31Railroadrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Elimination of 5,200 duplicate positions from Southern Pacific merger, primarily non-train/engine/yard activities. Completion expected in 2001.
2001-03-31restructuringin_progress4,7002001-12-31Railroadrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Relocation of 4,700 positions as part of Southern Pacific merger integration. Completion expected in 2001.
2000-12-31reduction_in_forceannounced2,00020002001-12-31Entire 23-state Railroad system (United States)Rail — both union (agreement) and non-agreement employeesUSD 115 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Board-approved in Q4 2000 amid economic slowdown; approximately 2,000 Railroad positions to be eliminated during 2001 via attrition, subsidized early retirement and involuntary layoffs, mostly in H1 2001. $115M pre-tax ($72M after-tax) accrued in Q4 2000, charged to salaries, wages and employee benefits; no cash payments or reserve charges in 2000.
2000-12-31restructuringin_progress5,2001996-09-112001-12-31Rail — UPRR/Southern Pacific integration; positions primarily outside train, engine and yard activitiesUSD 10 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Southern Pacific merger integration, cumulative program scope: elimination of 5,200 duplicate positions and relocation of 4,700 positions to be completed in 2001. $958M pre-tax merger liability recognized in 1996 purchase price allocation; $10M charged in 2000 ($45M in 1999, $474M in 1998); remaining merger liability $89M at Dec 31, 2000, of which $72M severance and related costs.
2000-12-31otherin_progress4951999-10-24United States — 30 Overnite service centersTrucking (Overnite Transportation Company)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Teamsters job action (work stoppage) began October 24, 1999 and continued into 2001. As of January 31, 2001, approximately 495 employees (disclosed as less than 5% of Overnite's 13,000 work force) at 30 service centers did not report to work; Overnite reported improved service, revenue and profitability despite the stoppage.
2000-12-31reduction_in_forcein_progress2,0002001-12-31United States (23-state Railroad system)RailroadUSD 115 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Board approved in Q4 2000; exact announcement date not disclosed. Elimination of ~2,000 positions via attrition, subsidized early retirement, and involuntary layoffs. $115M pre-tax ($72M after-tax) accrued in Q4 2000; no cash payments in 2000. Most eliminations expected in first six months of 2001.
2000-12-31restructuringin_progress5,2002001-12-31United StatesRailroad (Southern Pacific merger integration)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cumulative through fiscal year-end from 1996 Southern Pacific merger; positions to be eliminated primarily in non-train/engine/yard activities. Also includes relocation of 4,700 positions. $10M charged against merger liability in 2000.
2000-12-31otherin_progress4951999-10-24United StatesTrucking (Overnite Transportation Company)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ongoing Teamsters work stoppage since 1999-10-24, continuing into 2001. As of 2001-01-31, ~495 employees (<5% of Overnite workforce) at 30 service centers not reporting to work. Not a company-initiated workforce action.
2000-12-31restructuringannounced2,0002000-12-312001-12-31United StatesRailroadUSD 115 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Board approved plan in Q4 2000 to eliminate approx. 2,000 Railroad positions during 2001 via attrition, subsidized early retirement, and involuntary layoffs. Pre-tax charge of $115 million accrued in Q4 2000.
2000-09-30restructuringin_progress5,200United StatesRail transportation (UPRR/Southern Pacific integration)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Program to eliminate duplicate positions from the 1996 Southern Pacific acquisition, primarily employees outside train, engine and yard activities. Approximately 3,620 positions eliminated and 4,510 employees relocated to date. Original reserve of $958 million; cumulative activity $868 million; current reserve $90 million at 2000-09-30. Remaining merger payments expected over the next 15 months. Includes expected additional $10-$30 million pre-tax UPRR-side costs; $15 million after-tax acquisition-related costs recognized in the nine months ended 2000-09-30.
2000-09-30otherin_progressUnited StatesTrucking (Overnite Transportation Company)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Job action by the International Brotherhood of Teamsters at Overnite adversely affected year-to-date net income; higher security, legal and travel expenses related to the Teamsters activity contributed to a nine-month increase in other expenses.
2000-09-30restructuringin_progress5,2001996-092002-02United StatesRail transportation — non-train, engine and yard activitiesUSD 90 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program targets elimination of 5,200 duplicate positions and relocation of 4,700 positions from UPRR/Southern Pacific integration. To date approximately 3,620 positions eliminated and 4,510 relocated. Original $958M pre-tax reserve; $868M cumulative activity; $90M current reserve remaining. Expected $10–30M additional pre-tax acquisition-related costs over remaining period. Completion expected within 15 months of filing date as labor negotiations are finalized.
2000-09-30restructuringin_progress4,7001996-092002-02United StatesRail transportation — position relocationsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Relocation of 4,700 positions as part of UPRR/Southern Pacific merger consolidation; approximately 4,510 employees relocated to date. Relocation costs original reserve $109M, cumulative activity $95M, current reserve $14M.
2000-09-30otherin_progressUnited StatesTrucking (Overnite Transportation Company)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Job action by the International Brotherhood of Teamsters affected Overnite operations; year-to-date trucking results adversely affected by higher expenses related to the action. No employee count or dates disclosed.
2000-09-30restructuringin_progress2001-12-31United StatesRailUSD 90 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining merger liability of $90 million expected to be paid over next 15 months. Includes severance, relocation, and contract cancellation costs related to Southern Pacific acquisition.
2000-09-30restructuringin_progressUnited StatesRailUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
After-tax acquisition-related costs for UPRR consolidation activities included in earnings for the nine months ended September 30, 2000.
2000-06-30restructuringin_progress5,200United StatesRail transportation (positions other than train, engine and yard activities)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Program to eliminate 5,200 duplicate positions from the 1996 Southern Pacific acquisition; 3,600 positions eliminated to date. $958 million pre-tax liability recognized in SP purchase price allocation; cumulative activity $865 million, current reserve $93 million at June 30, 2000. Remaining payments expected over next 18 months. Also relocating 4,700 positions (4,500 relocated to date).
2000-06-30otherin_progressUnited StatesTrucking (Overnite Transportation Company)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
International Brotherhood of Teamsters job action and related activity impacted Overnite results; higher security, legal and travel expenses related to the Teamsters activity.
2000-06-30restructuringin_progress5,2001996-09-01United StatesRail transportation — primarily non-train, engine and yard activitiesUSD 93 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Southern Pacific merger consolidation. 3,600 of 5,200 duplicate positions eliminated to date; 4,500 of 4,700 positions relocated. Original pre-tax liability was $958M; remaining current reserve $93M. Additional $10–30M pre-tax acquisition-related costs expected over remaining implementation period. Six months ended June 30, 2000 included $11M after-tax acquisition-related costs.
2000-06-30restructuringin_progress4,7001996-09-01United StatesRail transportation — workforce relocationrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Relocation of 4,700 positions as part of Southern Pacific merger consolidation; 4,500 relocated to date. Relocation costs included in the $958M original merger liability (relocation component: $109M original reserve, $15M current reserve).
2000-06-30restructuringin_progress2001-12-31RailUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Ongoing Southern Pacific merger consolidation. YTD 2000 after-tax charge of $11M. Total plan involves eliminating 5,200 duplicate positions and relocating 4,700. To date, 3,600 eliminated and 4,500 relocated. Remaining payments expected over next 18 months.
2000-06-30otherin_progressTruckingMD&A
f5-10q / Qwen3.6-27B-Q8_0
International Brotherhood of Teamsters job action and related activity impacting trucking operations.
2000-03-31restructuringin_progress5,200United StatesRail segment (UPRR/Southern Pacific integration)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Elimination of duplicate positions from SP merger, primarily employees in activities other than train, engine and yard; $958M pre-tax liability recognized in SP purchase price allocation
2000-03-31restructuringin_progress3,500United StatesRail segment (UPRR/Southern Pacific integration)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cumulative duplicate positions eliminated to date out of the 5,200 targeted
2000-03-31restructuringin_progress4,700United StatesRail segment (UPRR/Southern Pacific integration)USD 109 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Positions to be relocated under merger plan; original relocation reserve of $109M with $93M cumulative activity and $16M remaining at quarter-end
2000-03-31restructuringin_progress4,400United StatesRail segment (UPRR/Southern Pacific integration)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cumulative employees relocated to date out of the 4,700 targeted
2000-03-31restructuringin_progressUnited StatesRail segment (UPRR consolidation activities)USD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
After-tax acquisition-related costs for severing or relocating UPRR employees, disposing of facilities, training and equipment upgrading; $6M in Q1 2000 vs $9M in Q1 1999; Railroad expects $20M-$40M pre-tax remaining over the merger implementation period
2000-03-31otherin_progressUnited StatesTrucking (Overnite Transportation Company)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
International Brotherhood of Teamsters job action and related activity impacted trucking results; higher security, legal and travel expenses of roughly $5M increase in other costs
2000-03-31restructuringin_progress5,2001996-092002-12-31United StatesRailroad — primarily non train, engine and yard activitiesUSD 958 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Duplicate positions targeted for elimination as part of UPRR/Southern Pacific integration; 3,500 eliminated to date. $958M is the original merger liability reserve from SP purchase price allocation; $863M cumulative activity, $95M current reserve at 2000-03-31. Remaining merger payments expected over the 21 months following 2000-03-31.
2000-03-31restructuringin_progress4,7001996-092002-12-31United StatesRailroad — merger consolidationUSD 109 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions being relocated under the same integration program; 4,400 employees relocated to date. $109M is the original relocation-cost reserve ($93M cumulative, $16M current at 2000-03-31). Program also includes merging/disposing of redundant facilities and rail lines.
2000-03-31otherin_progressUnited StatesOther Operations — Overnite Transportation (trucking)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
International Brotherhood of Teamsters job action and related activity continued to weigh on Overnite results; no employee count, start date, or resolution disclosed. Drove higher security, legal and travel expenses.
2000-03-31restructuringin_progressRailUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
After-tax acquisition-related costs for UPRR consolidation activities (severing/relocating employees, disposing facilities). Cumulative positions eliminated to date: 3,500; relocated: 4,400.
2000-03-31otherin_progressTruckingMD&A
f5-10q / Qwen3.6-27B-Q8_0
Impact from International Brotherhood of Teamsters job action and related activity.
1999-12-31restructuringin_progress5,2001996-09-112001-12-31United StatesRailUSD 958 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Southern Pacific merger integration program targeting elimination of 5,200 duplicate positions and relocation of 4,700 positions. Cumulative through 1999: 3,100 employees severed and 4,300 relocated. Original reserve $958M; $859M cumulative activity; $99M remaining at year-end. 1999 pre-tax acquisition-related costs for UPRR consolidation were $63M. Expected completion over next 24 months.
1999-12-31otherin_progress7406%1999-10-24United StatesTrucking (Overnite Transportation Company)USD 27 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Teamsters job action began October 24, 1999 and continued into 2000. As of February 10, 2000, approximately 740 employees (less than 6% of workforce) did not report to work across 31 terminals. Approximately $27M of contingency plan expenses recorded in 1999 trucking operating expenses.
1999-12-31restructuringin_progress3,1001996-09-112001-12-31United StatesRailroadUSD 958 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Southern Pacific merger integration. 3,100 employees severed to date. Total original reserve $958 million. Expected completion over next 24 months from year-end.
1999-12-31restructuringin_progress4,3001996-09-112001-12-31United StatesRailroadrestructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Southern Pacific merger integration. 4,300 positions relocated to date.
1999-12-31restructuringin_progress1999-01-011999-12-31United StatesRailroadUSD 63 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
UPRR consolidation activities in 1999. Pre-tax charge of $63 million for severing/relocating UPRR employees, disposing facilities, and training.
1999-09-30restructuringin_progress5,200United StatesRail (merger consolidation of UPRR and Southern Pacific)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Program to eliminate 5,200 duplicate positions and relocate 4,700 positions following the 1996 Southern Pacific acquisition; positions primarily outside train, engine and yard activities. Original pre-tax merger reserve of $958 million; cumulative activity of $840 million; current reserve of $118 million at 1999-09-30, including severance reserve of $79 million. To date 2,900 employees severed and 4,500 relocated. Remaining payments expected over next two years.
1999-09-30otherin_progress8706.7%1999-10-24United StatesTrucking (Overnite Transportation Company)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Teamsters began a job action on 1999-10-24 at certain Overnite facilities; as of 1999-11-09 approximately 30 terminals affected and about 870 employees (6.7% of Overnite's workforce of approximately 13,000) did not report to work. Overnite operating under strike contingency plan with about 400 employee volunteers redeployed and about 200 temporary replacement workers. Teamsters are certified bargaining agent at 22 locations employing approximately 1,800 employees. Expected to negatively impact Q4 1999 results.
1999-09-30restructuringin_progress5,2001996-09United StatesRail — corporate and non-train/engine/yard functionsUSD 958 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Southern Pacific merger integration program targeting elimination of 5,200 duplicate positions (primarily non-train, engine and yard roles) plus relocation of 4,700 positions. To date 2,900 employees severed and 4,500 relocated. $958M pre-tax merger liability recognized in SP purchase price allocation; $840M cumulative activity and $118M reserve remain at 1999-09-30. Corporation expects an additional $110M pre-tax acquisition-related costs over the remainder of the merger implementation period. After-tax acquisition-related costs were $13M in Q3 1999 and $30M YTD 1999.
1999-09-30otherin_progress8701999-10-24United StatesOvernite Transportation Company (trucking)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Teamsters job action began 1999-10-24 (subsequent event). As of 1999-11-09, approximately 30 Overnite terminals had employees who did not cross picket lines and approximately 870 employees (6.7% of Overnite's ~13,000 workforce) did not report to work. Overnite operating under strike contingency plan with ~400 employee volunteers redeployed and ~200 temporary replacement workers. Expected to negatively impact Overnite's Q4 1999 results.
1999-09-30restructuringin_progress2,900Railrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
To date, UPC has severed 2,900 employees due to merger implementation activities related to the Southern Pacific acquisition.
1999-09-30otherin_progress8706.7%1999-10-24Trucking (Overnite)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Teamsters began a job action on October 24, 1999. As of November 9, 1999, approximately 870 employees (6.7% of Overnite's workforce) did not report to work.
1999-06-30restructuringin_progress5,200United StatesRail (merger consolidation of UPRR and Southern Pacific)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Program to eliminate 5,200 duplicate positions (primarily non-train/engine/yard roles) and relocate 4,700 positions following the 1996 Southern Pacific acquisition. As of June 30, 1999, 2,500 employees had been severed and 4,100 relocated. Original pre-tax merger liability of $958 million recognized in SP purchase price allocation; cumulative activity of $831 million; current reserve of $127 million at June 30, 1999. Remaining payments expected over next three years as labor negotiations are completed.
1999-06-30restructuringin_progressUnited StatesRail — severance costs componentUSD 343 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Severance costs component of the SP merger liability: original reserve $343 million, cumulative activity $261 million, current reserve $82 million at June 30, 1999. Sub-component of the 5,200-position elimination program; do not sum with the parent record.
1999-06-30restructuringin_progressUnited StatesRail — contract cancellation and facility/line closure componentUSD 145 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Contract cancellation fees and facility and line closure costs component of the SP merger liability: original reserve $145 million, cumulative activity $125 million, current reserve $20 million at June 30, 1999. Sub-component of the merger consolidation program.
1999-06-30restructuringin_progress4,700United StatesRail — employee relocation componentUSD 109 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Relocation of 4,700 positions under the SP merger consolidation; 4,100 employees relocated to date. Relocation costs component: original reserve $109 million, cumulative activity $84 million, current reserve $25 million at June 30, 1999. Sub-component of the merger consolidation program.
1999-06-30restructuringin_progressUnited StatesRail — UPRR-side consolidation costsUSD 130 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Railroad expects to incur $130 million pre-tax in acquisition-related costs for severing or relocating UPRR employees, disposing of certain UPRR facilities, training and equipment upgrading over the remainder of the merger implementation period. After-tax merger costs of $17 million (six months 1999) and $29 million (six months 1998) recognized in earnings.
1999-06-30divestiture_reductionannounced1998-05-01United StatesOvernite Transportation Company (Trucking)USD 262 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Board approved plan in May 1998 to divest Overnite via IPO; $262 million after-tax loss recorded in Q2 1998. In Q4 1998 the divestiture was no longer reasonably assured within the one-year GAAP limit; Overnite was reclassified to continuing operations and the loss reversed. $547 million of Overnite goodwill was written off in Q4 1998. No headcount reduction figures disclosed.
1999-06-30otherin_progressUnited StatesOvernite Transportation Company (Trucking)other
f5-10q / GLM-5.3-flash-fp4-HTML
NLRB General Counsel seeking bargaining-order remedy in 12 cases where a Teamsters local lost representation elections at Overnite. Administrative law judges ruled the remedy warranted in 11 of the 12 cases; Overnite intends to appeal to the NLRB. No affected-employee counts disclosed.
1999-06-30restructuringin_progress5,2001996-10-01United StatesRail — primarily non-train, engine and yard activitiesUSD 958 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Southern Pacific merger integration. Program targets eliminating 5,200 duplicate positions and relocating 4,700 positions. Cumulative to date: 2,500 employees severed and 4,100 relocated. $958M pre-tax merger liability recognized as part of SP purchase price allocation; $127M current reserve remaining at June 30, 1999. Additional $130M pre-tax costs expected for UPRR employee severance/relocation, facility disposal, training and equipment upgrading. Remaining payments expected over next three years as labor negotiations are completed.
1999-06-30restructuringin_progress4,7001996-10-01United StatesRail — position relocationsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Relocation component of SP merger integration. 4,700 positions targeted for relocation; 4,100 relocated to date. Relocation costs of $109M original reserve with $84M cumulative activity and $25M current reserve at June 30, 1999.
1999-06-30restructuringin_progress2,500Railrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Cumulative severance of 2,500 employees due to merger implementation activities with Southern Pacific as of June 30, 1999.
1999-06-30otherin_progress4,100Railrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Cumulative relocation of 4,100 employees due to merger implementation activities with Southern Pacific as of June 30, 1999.
1999-03-31restructuringin_progress5,200Rail (UPRR/Southern Pacific integration)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Program to eliminate duplicate positions from the Southern Pacific acquisition, primarily employees outside train, engine and yard activities; $958 million pre-tax liability recognized in the SP purchase price allocation. Remaining merger payments expected over the next three years as labor negotiations are completed.
1999-03-31restructuringin_progress2,450Rail (UPRR/Southern Pacific integration)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cumulative severances completed to date under the merger consolidation program; cumulative activity against the $343 million original severance reserve is $257 million, leaving an $86 million current reserve.
1999-03-31restructuringin_progress4,700Rail (UPRR/Southern Pacific integration)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Positions being relocated as part of merger implementation; 3,900 employees relocated to date. Relocation reserve of $109 million original, $81 million cumulative activity, $28 million current.
1999-03-31restructuringin_progressRail (UPRR)USD 160 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Expected pre-tax acquisition-related costs for severing or relocating UPRR employees, disposing of certain UPRR facilities, and training and equipment upgrading over the merger implementation period. Q1 1999 included $9 million after-tax of such costs ($18 million in Q1 1998).
1999-03-31otherin_progressUnited StatesTrucking (Overnite Transportation Company)other
f5-10q / GLM-5.3-flash-fp4-HTML
NLRB General Counsel is seeking a bargaining-order remedy in 12 cases involving Overnite where a Teamsters local lost a representation election; a thirteenth bargaining-order case was finalized in Q1 1999 with no material change to tentatively settled terms. Overnite intends to defend the remaining cases.
1999-03-31restructuringin_progress5,2001996-09-112002-03-31United StatesRailUSD 958 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Eliminating 5,200 duplicate positions from UPRR/Southern Pacific integration; 2,450 employees severed to date. $958M pre-tax liability recognized in SP purchase price allocation; remaining payments expected over next three years.
1999-03-31otherin_progress4,7001996-09-112002-03-31United StatesRailrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Relocating 4,700 positions as part of merger consolidation; 3,900 employees relocated to date. Relocation costs included in $958M merger liability.
1999-03-31restructuringin_progress2,450RailUSD 958 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Cumulative employees severed to date related to Southern Pacific merger integration. Original pre-tax liability reserve was $958 million.
1999-03-31restructuringin_progress3,900Railrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Cumulative employees relocated to date related to Southern Pacific merger integration.
1998-12-31restructuringin_progress5,2001996-09-112001-12-31United StatesRailroad — Southern Pacific merger consolidationUSD 958 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cumulative through fiscal year-end 1998. 2,400 employees severed and 3,800 relocated to date. Original reserve $958M for SP portion; additional $160M expected for UPRR employees. Merger liability cumulative activity $814M; current reserve $144M. Integration expected to complete over next three years.
1998-12-31divestiture_reductioncompleted1998-11-301998-11-30United StatesSkyway Freight Systems, Inc. — contract logisticsUSD 50 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net after-tax loss of $50M on sale, of which $40M recognized in Q4 1997. Proceeds used to repay outstanding debt. Headcount not disclosed.
1998-12-31otherannounced1998-05-31United StatesOvernite Transportation Company — attempted IPO/divestitureUSD 547 (millions)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Board approved plan May 1998 to divest Overnite via IPO; IPO not consummated due to market conditions. $547M goodwill impairment recorded in Q4 1998. No workforce reduction executed. UPC continued to explore sale in 1999.
1998-12-31restructuringcompleted2,4001996-09-11United StatesRailroadNote 2 to Financial Statements
f5-10k / Qwen3.6-27B-Q8_0
Severed employees due to Southern Pacific merger implementation. Total liability reserve was $958 million pre-tax.
1998-12-31restructuringcompleted3,8001996-09-11United StatesRailroadNote 2 to Financial Statements
f5-10k / Qwen3.6-27B-Q8_0
Relocated employees due to Southern Pacific merger implementation.
1998-09-30restructuringin_progress4,4001996-09-01Southern Pacific integration - elimination of duplicate positions (primarily non-train-crew)USD 322 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cumulative through 1998-09-30: approximately $246 million severance and relocation payments to ~4,400 Southern Pacific employees plus $76 million labor protection payments, charged against a $958 million merger reserve. Remaining merger payments expected over next three years.
1998-09-30divestiture_reductionin_progress1998-05-01Overnite Transportation CompanyUSD 256 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Board approved formal plan in May 1998 to divest Overnite; $256 million after-tax estimated loss on disposal recorded (net of $199 million taxes). IPO postponed in Q3; alternate disposal means under consideration. Headcount not disclosed.
1998-09-30restructuringin_progress4,400United StatesSouthern Pacific rail operationsUSD 460 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately $460M in merger-related costs charged through 1998-09-30 against a $958M reserve, including ~$246M severance and ~$76M relocation for ~4,400 SP employees plus ~$96M labor protection. Remaining payments expected over next three years as integration and labor negotiations complete.
1998-09-30restructuringin_progressUnited StatesUnion Pacific Railroad operationsUSD 165 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expected ~$165M in acquisition-related costs for severing or relocating UPRR employees, disposing of facilities, training, and equipment upgrading, charged as incurred over next three years. Employee count not disclosed. Q3 1998 after-tax acquisition-related operating costs were $7M; nine-month YTD was $36M.
1998-09-30restructuringin_progress4,4001996-09-012001-09-30United StatesRailroad OperationsUSD 322 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger-related costs charged against reserves through Sept 30, 1998 include $246M severance/relocation for ~4,400 SP employees and $96M labor protection payments. Remaining payments expected over next three years.
1998-09-30restructuringin_progress1996-09-012001-09-30United StatesRailroad OperationsUSD 165 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Expected acquisition-related costs for severing/relocating UPRR employees, disposing facilities, training, and equipment upgrading. Costs charged to expense as incurred over next three years.
1998-06-30restructuringin_progress4,0001996-09-01Railroad (former Southern Pacific employees)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
SP purchase price allocation reserve for eliminating duplicate positions; through June 30, 1998, $357 million paid, including ~$172 million severance/relocation for ~4,000 SP employees and ~$84 million labor protection payments. Remaining payments expected over next five years.
1998-06-30restructuringannounced1998-06-301999-12-31Railroad (UPRR employees)USD 184 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Expected acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of UPRR facilities, training and equipment upgrading; charged to expense as incurred. Q2 1998 included $11 million after tax; six months $29 million.
1998-06-30divestiture_reductionannounced1998-05-011999-06-30Overnite Transportation CompanyUSD 262 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Board approved plan to divest entire interest in Overnite via IPO; $262 million after-tax loss on planned disposal recorded (net of $198 million taxes). IPO postponed due to market conditions; sale expected by Q2 1999. Employee headcount of Overnite not disclosed.
1998-06-30otherin_progressOvernite Transportation Companyother
f5-10q / GLM-5.3-flash-fp4-HTML
NLRB General Counsel seeking bargaining-order remedy in 15 cases where a Teamsters local lost representation elections; ALJ recommended bargaining orders in four locations (April 10, 1998); Overnite appealed and is defending remaining cases.
1998-06-30restructuringin_progress4,0001999-12-31United StatesSouthern Pacific rail operationsUSD 357 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative through 1998-06-30; includes ~$172M severance and ~$73M relocation payments to ~4,000 SP employees, plus ~$84M labor protection payments. Remaining payments expected over next five years.
1998-06-30restructuringannounced1999-12-31United StatesUnion Pacific Railroad Company employeesUSD 184 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expected acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of facilities, training and equipment upgrading. Headcount affected not disclosed.
1998-06-30divestiture_reductionannounced1998-05-011999-06-30United StatesOvernite Transportation CompanyUSD 262 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Board approved plan in May 1998 to divest Overnite via IPO; $262M after-tax loss recorded. IPO postponed; sale expected by Q2 1999. Headcount affected not disclosed.
1998-06-30otherin_progressUnited StatesOvernite Transportation Company — labor relationsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NLRB seeking bargaining order remedy in 15 cases where a Teamsters local lost representation election; ALJ recommended orders in 4 locations as of 1998-04-10. Headcount not disclosed.
1998-06-30restructuringin_progress4,0001996-09-011999-06-30United StatesSouthern Pacific Rail Corporation (SP) IntegrationUSD 172 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and relocation payments made to approximately 4,000 Southern Pacific employees. Total merger-related costs paid through June 30, 1998 were $357 million, including $84 million for labor protection payments. Remaining payments expected over next five years.
1998-06-30restructuringin_progress1996-09-011999-12-31United StatesUnion Pacific Railroad Company (UPRR) IntegrationUSD 184 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Expected acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of facilities, training and equipment upgrading. Costs charged to expense as incurred.
1998-03-31restructuringin_progress3,7001996-09-01Railroad (Southern Pacific integration)USD 230 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Through March 31, 1998, approximately $160 million in severance and relocation payments and $70 million in additional severance/relocation costs were paid to roughly 3,700 Southern Pacific employees, charged against a $958 million purchase-price reserve. Remaining payments expected over the next five years as integration and labor negotiations are completed.
1998-03-31restructuringin_progress1996-09-01Railroad (Southern Pacific integration)USD 63 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately $63 million paid through March 31, 1998 for labor protection payments under the SP merger integration, charged against the merger reserve.
1998-03-31restructuringannounced1999-12-31Railroad (UPRR side of integration)USD 206 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Railroad expects approximately $206 million in acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of certain UPRR facilities, training and equipment upgrading; charged to expense as incurred over the next two years. Q1 1998 net income included $18 million of such acquisition-related operating costs.
1998-03-31otherin_progress1998-04-10United StatesOvernite Transportation Companyother
f5-10q / GLM-5.3-flash-fp4-HTML
NLRB administrative law judge recommended bargaining orders in four of 15 locations where a Teamsters local lost representation elections; Overnite plans to appeal. A retroactive bargaining order could create back pay liability and alter collective bargaining posture, costs and operating methods.
1998-03-31restructuringin_progress3,700United StatesRailroad (Southern Pacific integration)USD 323 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative merger-related costs paid through 1998-03-31: $160M severance and $70M relocation for ~3,700 SP employees, plus $63M labor protection payments. Part of a $958M reserve recognized in SP purchase price allocation; remaining payments expected over next five years.
1998-03-31restructuringannounced1999-12-31United StatesRailroad (Union Pacific Railroad Company employees)USD 206 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expected acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of facilities, training and equipment upgrading. Employee count not disclosed; charge includes non-workforce items.
1998-03-31otherin_progress1998-04-10United StatesOvernite Transportation Company (trucking)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NLRB administrative law judge recommended bargaining orders in 4 of 15 Overnite locations where a Teamsters local lost a representation election; Overnite plans to appeal. Remaining cases pending trial.
1998-03-31restructuringin_progress3,7001996-09-012003-03-31United StatesRailroad (Southern Pacific integration)USD 323 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Cumulative payments through March 31, 1998 for severance, relocation, and labor protection for approx. 3,700 SP employees. Remaining payments expected over next five years.
1998-03-31restructuringin_progress1996-09-011999-12-31United StatesRailroad (Union Pacific Railroad integration)USD 206 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Expected acquisition-related costs through 1999 for severing/relocating UPRR employees, disposing facilities, training, and equipment upgrading. $18 million charged to expense in Q1 1998.
1997-12-31restructuringin_progress5,2001999United StatesRailroad (UPRR / Southern Pacific integration)USD 958 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Elimination of 5,200 duplicate positions, primarily non-train crews. The $958M merger liability comprises labor protection $361M for SP union employees, severance $343M, contract cancellation fees $145M, relocation $109M. Roughly $280M paid through December 31, 1997, including $153M severance and $65M relocation to about 3,500 SP employees. Full integration expected during 1999; specific plan announcement date not disclosed (follows September 1996 SP acquisition completion).
1997-12-31restructuringin_progress4,7001999United StatesRailroad (UPRR / Southern Pacific integration)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Relocation of 4,700 positions, alongside merging or disposing of redundant facilities and certain rail lines. The $109M relocation component is included within the $958M SP merger liability (see companion record); charge not double-counted here.
1997-12-31restructuringin_progress1999United StatesRailroad (UPRR-side acquisition-related costs)USD 235 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Expected acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of certain UPRR facilities, training and equipment upgrading; to be expensed as incurred over two years. Employee count not disclosed. Fiscal 1997 net income includes $60M (net of tax) of such acquisition-related operating costs.
1997-12-31otherin_progress3,5001997-10-01United StatesRailroad — including 1,000 train and engine service employeesMD&A
f5-10k / GLM-5.3-flash-HTML
Extensive hiring program under the Service Recovery Plan announced October 1, 1997 to relieve system congestion; count described as nearly 3,500 new employees. Hiring program was continuing as of the filing date; program-specific hires, not total company-wide new hires for the year.
1997-12-31divestiture_reductionannounced1998-011998Skyway Freight Systems (contract logistics / supply chain management)USD 40 (millions)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Announced January 1998 (after fiscal year-end): intent to sell wholly-owned Skyway subsidiary by end of 1998. Affected headcount not disclosed. $40M after-tax loss recognized in Q4 1997 in connection with the planned sale; $65M pre-tax per Note 13.
1997-12-31restructuringin_progress5,2001996-09-111999-12-31United StatesRailroad — primarily non-train crewsUSD 343 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Eliminating 5,200 duplicate positions in connection with SP integration; $343M severance component of $958M total merger liability; approximately $280M in merger-related costs paid through 1997
1997-12-31restructuringin_progress4,7001996-09-111999-12-31United StatesRailroadUSD 109 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Relocating 4,700 positions as part of SP integration; $109M relocation component of $958M total merger liability
1997-12-31otherin_progress3,5001997-10-01United StatesRailroad — operationsItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Hiring of nearly 3,500 new employees including 1,000 train and engine service employees to address congestion; part of Service Recovery Plan announced October 1, 1997
1997-12-31divestiture_reductionannounced1998-01-011998-12-31United StatesSkyway Freight Systems — contract logisticsUSD 40 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced January 1998 intention to sell Skyway; $40M after-tax loss recognized in Q4 1997; employee count not disclosed
1997-12-31restructuringin_progress3,5001996-09-011999-12-31United StatesRailroadUSD 280 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Merger-related elimination of duplicate positions. $280 million paid through 1997 for severance and relocation of approx. 3,500 Southern Pacific employees. Total liability was $958 million.
1997-12-31restructuringin_progress1996-09-011999-12-31United StatesRailroadUSD 235 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition-related costs for severing/relocating UPRR employees, disposing facilities, training, and equipment upgrading. $60 million included in 1997 net income.
1997-09-30restructuringin_progress5,200United StatesRailroad (UPRR/SP integration)USD 958 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Elimination of 5,200 duplicate positions, primarily non-train crew, in connection with SP acquisition and integration; $958M liability recognized in purchase price allocation covering labor protection ($361M), severance ($343M), contract cancellation fees ($145M) and relocation ($109M).
1997-09-30restructuringin_progress4,700United StatesRailroad (UPRR/SP integration)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Relocation of 4,700 positions as part of merger integration, alongside merging or disposing of redundant facilities and disposing of certain rail lines.
1997-09-30restructuringin_progress1,800United StatesRailroad — Southern Pacific employeesUSD 210 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Through September 30, 1997, $210 million in merger-related costs paid and charged against reserves, principally $117 million severance and $67 million relocation payments to approximately 1,800 Southern Pacific employees; remaining payments expected over next five years.
1997-09-30restructuringannounced1999-12-31United StatesRailroad — UPRR employeesUSD 370 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Railroad expects $370 million in acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of certain UPRR facilities, training and equipment upgrading; charged to expense as incurred over next two years.
1997-09-30otherin_progress1997-10-011997-12-31United StatesRailroadMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Service Recovery Plan implemented early October 1997 to relieve congestion; includes hiring additional train and engine employees, adding manpower at locomotive repair shops, and actions to use train crews more efficiently in congested terminals.
1997-09-30otherannounced3,5001997-12-15United StatesRailroad — train and engine employeesother
f5-10q / GLM-5.3-flash-fp4-HTML
UPRR voluntarily agreed to introduce a guaranteed time-off program for 3,500 train and engine employees ensuring two consecutive days off after 14 consecutive work days; pending approval by joint management/labor/FRA committee, with planned system-wide expansion by mid-December.
1997-09-30divestiture_reductioncompleted1996-09-011996-09-26United StatesUnion Pacific Resources Group Inc. (natural resources)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Spin-off of Resources completed September 1996 via pro-rata share distribution; Resources' results reported as discontinued operations through the spin-off date. No employee counts disclosed.
1997-09-30restructuringin_progress5,2001996-09-11United StatesRailroad — primarily non-train crew duplicate positionsUSD 958 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase-price allocation recognized a $958 million liability covering labor protection ($361M), severance ($343M), contract cancellation ($145M) and relocation ($109M). Through 1997-09-30, $210 million was paid against these reserves, including $117M severance and $67M relocation to approximately 1,800 SP employees; remaining payments expected over the next five years.
1997-09-30restructuringin_progress4,7001996-09-11United StatesRailroad — position relocations, facility mergers/disposals, rail line disposalsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of the same UP/SP integration program as the 5,200 position eliminations; relocation costs of $109 million sit within the $958 million program liability.
1997-09-30restructuringin_progress1997-09-301999-12-31United StatesUnion Pacific Railroad Company (UPRR) employees — severance, facility disposal, training, equipment upgradingUSD 370 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Separate from the $958 million SP reserve: acquisition-related costs for severing or relocating UPRR (non-SP) employees, expensed as incurred over roughly two years; no employee count disclosed.
1997-09-30divestiture_reductioncompleted1996-09-261996-09-26United StatesNatural resources business (Union Pacific Resources Group)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Spin-off of Resources completed September 1996; no headcount removed disclosed in this filing.
1997-09-30otherin_progress1997-10-011997-12-31United StatesRailroad operations — Service Recovery PlanMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan includes hiring additional train and engine employees, adding manpower at locomotive repair shops, and temporarily diverting business to other railroads; no hiring counts disclosed. Congestion-related cost estimated at approximately $100 million after tax in Q3 1997.
1997-09-30restructuringin_progress5,2001996-09-11United StatesRailroadUSD 958 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Elimination of 5,200 duplicate positions, primarily non-train crew, related to SP acquisition. Total liability recognized was $958 million.
1997-09-30restructuringin_progress4,7001996-09-11United StatesRailroadbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Relocation of 4,700 positions related to SP acquisition integration.
1997-09-30restructuringin_progress1,8001996-09-11United StatesRailroadUSD 184 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and relocation payments made to approximately 1,800 Southern Pacific employees through Sept 30, 1997 ($117M severance + $67M relocation).
1997-09-30restructuringin_progress1997-09-30United StatesRailroadUSD 370 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Expected $370 million in acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of facilities, training, and equipment upgrading.
1997-09-30otherin_progress3,5001997-10-311997-12-15United StatesRailroadsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Voluntary introduction of a guaranteed time-off program for 3,500 train and engine employees to ensure two consecutive days off after 14 days of work. Pending approval by joint committee.
1997-06-30restructuringin_progress1996-09-111999-12-31United StatesRailroad (Southern Pacific integration)USD 1,048 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Merger costs recognized in purchase accounting to eliminate duplicate positions, relocate functions, merge or close redundant facilities, dispose of rail lines and cancel duplicative SP contracts. Through June 1997, $156 million charged against these reserves, principally severance and relocation payments to SP employees; remaining payments expected through 1999 as rail operations are merged and labor negotiations completed.
1997-06-30restructuringin_progress1996-09-111999-12-31United StatesRailroad (UPRR severance, relocation, facility closings)USD 420 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
UPRR expects to incur acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of certain UPRR facilities, training and equipment upgrading; charged to expense as incurred. Q2 1997 and YTD 1997 include $27 million and $36 million, respectively, in one-time acquisition-related costs, net of tax.
1997-06-30otherin_progress1997-06-301998-12-31United StatesRailroad (Southern Pacific unionized workforce)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
STB conditions require negotiated labor agreements before full integration of UPRR and SP systems. Leadership of certain operating, shopcraft, carmen and clerical unions, collectively representing approximately 50% of Southern Pacific's unionized workforce, have negotiated consolidation agreements; ratification expected in 1997 and 1998. Terms not expected to have a material adverse effect.
1997-06-30restructuringin_progress1999-12-31United StatesRailroad (Southern Pacific integration)USD 1,048 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger costs reserved in purchase accounting for eliminating duplicate positions, relocating functions, merging facilities, disposing of rail lines and canceling redundant SP contracts; $156 million charged against reserves through June 1997, principally SP employee severance and relocation. No employee count disclosed.
1997-06-30restructuringin_progress1999-12-31United StatesUnion Pacific Railroad Company (UPRR employees)USD 420 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expected acquisition-related costs through 1999 for severing or relocating UPRR employees, disposing of UPRR facilities, training and equipment upgrading; expensed as incurred rather than reserved in purchase accounting. No employee count disclosed.
1997-06-30otherin_progress1998-12-31United StatesRailroad — unionized workforce (operating, shopcraft, carmen and clerical unions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
STB-imposed condition requires labor agreements before full UPRR/SP system integration; agreements with unions representing about 50% of SP's unionized workforce negotiated to date, remainder expected ratified in 1997 and 1998. Terms not expected to be material to results of operations.
1997-06-30acquisition_additioncompletedUnited StatesRailroad (Southern Pacific)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of remaining 75% of Southern Pacific consummated September 1996; SP results fully consolidated from October 1, 1996. No headcount added through the acquisition is disclosed.
1997-06-30restructuringin_progress1996-09-111999-12-31United StatesRailroad (Southern Pacific)USD 156 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Through June 1997, $156 million charged against merger cost reserves, principally comprising severance and relocation payments made to SP employees. Remaining payments expected through 1999.
1997-06-30restructuringin_progress1996-09-111999-12-31United StatesRailroad (Union Pacific)USD 36 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Results for six months ended June 30, 1997 include $36 million in one-time acquisition-related costs for severing/relocating UPRR employees, disposing of facilities, training, and equipment upgrading. Total expected cost through 1999 is $420 million.
1997-06-30restructuringin_progress1996-01-011997-12-31United StatesTrucking (Overnite)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Overnite implemented strategic initiatives including workforce reductions and service center consolidations during 1996, contributing to improved results in 1997.
1997-03-31restructuringin_progress1996-09-111999-12-31United StatesRailroad (Southern Pacific)USD 1,063 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Estimated liability recognized in SP purchase price allocation for eliminating duplicate positions, merging or disposing of redundant facilities, and disposing of rail lines; $85 million charged to reserves through March 31, 1997, principally workforce reduction costs; remaining payments expected 1997-1999.
1997-03-31restructuringin_progress1996-09-111999-12-31United StatesRailroad (Union Pacific Railroad)USD 250 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately $250 million in acquisition-related costs expected for severing or relocating UPRR employees and disposing of certain UPRR facilities; $6 million of severance and relocation costs charged in Q1 1997; remaining charges to be expensed 1997-1999 as plans are finalized.
1997-03-31otherin_progress1996-09-111998-12-31United StatesRailroad (Southern Pacific)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Surface Transportation Board conditions require negotiated labor agreements before full systems integration. Leadership of certain regional operating, shopcraft, carmen and clerical unions representing approximately 45% of SP's unionized workforce have negotiated agreements; ratification expected in 1997 and 1998.
1997-03-31restructuringin_progress1996-09-111999-12-31United StatesRailroad (Southern Pacific integration)USD 1,063 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase accounting reserve of $1,063M for duplicate position eliminations, facility mergings/disposals, and rail line sales; $85M charged through 1997-03-31, principally SP workforce reductions. Remaining payments expected 1997-1999. Employee counts not disclosed.
1997-03-31restructuringin_progress1996-09-111999-12-31United StatesRailroad (Union Pacific Railroad Company employees)USD 250 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Estimated $250M for severing or relocating UPRR employees and disposing of certain UPRR facilities; $6M charged in Q1 1997. Remaining charges expected 1997-1999 as plans are finalized. Employee counts not disclosed.
1997-03-31acquisition_additioncompleted1996-09-111996-10-01United StatesRailroad (Southern Pacific rail operations)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
SP results fully consolidated effective 1996-10-01; headcount added through acquisition not quantified in this filing.
1997-03-31divestiture_reductioncompleted1996-09-261996-09-26United StatesNatural Resources (Union Pacific Resources Group)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Spin-off of Resources completed September 1996; headcount removed through spin-off not quantified.
1997-03-31otherin_progress1998-12-31United StatesRailroad — labor negotiationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Union agreements required before full system integration; leadership of unions covering ~45% of SP unionized workforce have negotiated agreements. Ratifications expected 1997-1998.
1997-03-31restructuringin_progress1996-09-111999-12-31United StatesRailroad (Southern Pacific)USD 85 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charged $85 million to reserves for costs to reduce Southern Pacific's workforce. Total estimated liability for SP integration is $1,063 million.
1997-03-31restructuringin_progress1996-09-111999-12-31United StatesRailroad (Union Pacific)USD 6 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Incurred $6 million in acquisition-related severance and relocation costs for UPRR employees. Total expected cost for UPRR is approximately $250 million.
1996-12-31acquisition_additioncompleted1996-09-11United StatesRailroad — Southern Pacific Rail Corporationbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
UPC acquired the remaining 75% of Southern Pacific on 1996-09-11 (25% held since September 1995); SP's workforce joined the Railroad segment, but employee counts were not disclosed.
1996-12-31restructuringin_progress1996-09-111999United States (UPRR and Southern Pacific rail systems)Railroad — Southern Pacific integrationUSD 1,063 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Estimated liability recognized in the SP purchase price allocation for eliminating duplicate positions, relocating functions, merging or disposing redundant facilities and rail lines, canceling duplicative contracts and repaying certain SP debt; $44 million charged through year-end 1996, principally costs to reduce Southern Pacific's workforce; remaining payments expected 1997 through 1999.
1996-12-31restructuringin_progress1996-09-111999United StatesCorporate — UPC employees and facilitiesUSD 250 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Approximately $250 million of expected acquisition-related costs for severing or relocating UPC employees and disposing of UPC facilities; $8 million expensed in 1996, remainder to be charged 1997 through 1999 as plans are refined.
1996-12-31divestiture_reductioncompleted1995-071996-10United StatesNatural Resources — Union Pacific Resources Group Inc. (discontinued operations)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Tax-free pro-rata spin-off of Resources approved by the Board in July 1995; distribution record date 1996-09-26 and divestiture completed in Q4 1996; headcount transferred with the spun-off business not disclosed.
1996-12-31reduction_in_forcecompleted1996United StatesTrucking — Overnite Transportation CompanyUSD 3 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Workforce reductions formed part of Overnite's 1996 strategic initiatives; salaries and benefits decreased $8 million reflecting workforce reductions and lower volumes, including a $3 million workforce reduction charge.
1996-12-31plant_closurecompleted1996United StatesTrucking — Overnite Transportation CompanyMD&A
f5-10k / GLM-5.3-flash-HTML
Service center consolidations among Overnite's 1996 strategic initiatives; Overnite operated 161 service centers at year-end 1996. No separate consolidation charge disclosed.
1996-12-31acquisition_additioncompleted1996-09-111996-09-11United StatesRailroadUSD 4,097 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of remaining 75% of Southern Pacific completed September 11, 1996; purchase price $4,097 million; headcount added not disclosed
1996-12-31restructuringin_progress1996-09-111999-12-31United StatesRailroadUSD 44 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Through year-end 1996, $44 million charged to reserves principally for reducing Southern Pacific workforce; part of $1,063 million total merger cost liability; remaining payments expected 1997–1999
1996-12-31restructuringin_progress1996-09-111999-12-31United StatesCorporate / UPC employeesUSD 8 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
1996 charge of $8 million for severing or relocating UPC employees and disposing of UPC facilities; approximately $250 million total expected over 1997–1999
1996-12-31restructuringin_progress1996-06-301997-12-31United StatesTrucking (Overnite)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Overnite implemented workforce reductions, service center consolidations, linehaul centralization, and pricing initiatives during 1996; no specific headcount or charge disclosed
1996-12-31divestiture_reductioncompleted1996-10-011996-10-01United StatesNatural Resources (Union Pacific Resources Group)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Spin-Off of Union Pacific Resources Group completed October 1996; headcount removed not disclosed
1996-12-31restructuringin_progress1996-09-111999-12-31United StatesRailroadUSD 1,063 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Liability recognized in purchase price allocation for Southern Pacific integration costs, including eliminating duplicate positions, relocating functions, and merging/disposing of redundant facilities. $44 million charged to reserves through year-end 1996.
1996-12-31restructuringin_progress1996-09-111999-12-31United StatesCorporateUSD 250 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Expected acquisition-related costs for severing or relocating UPC employees and disposing of UPC facilities. $8 million expensed in 1996.
1996-12-31reduction_in_forcecompleted1996-06-301996-12-31United StatesTruckingUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Overnite implemented workforce reductions as part of strategic initiatives. Includes a $3 million workforce reduction charge.
1996-09-30acquisition_additioncompleted1996-08-12United StatesRailroad (Southern Pacific Rail Corporation)USD 646 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
UPC consummated the Southern Pacific acquisition on September 11, 1996 and recognized an estimated $646 million liability in the purchase price allocation for a preliminary assessment of SP employees, facilities and contracts, including relocation and severance costs.
1996-09-30restructuringannounced1996-09-111997-06-30United StatesRailroad (UPC/SP merger integration)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
UPC plans to eliminate duplicate positions, relocate functions, merge or dispose of redundant facilities and dispose of certain rail lines; relocation and severance plans for unionized and non-union employees expected to be completed by mid-1997. Expenses for severing or relocating UPC employees could be substantial and will be charged to operating expense as plans are finalized.
1996-09-30divestiture_reductioncompleted1996-09-121996-10-15United StatesUnion Pacific Resources Group Inc. (natural resources business)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Spin-Off of Resources completed October 15, 1996; each UPC stockholder received 0.846946 Resources share per UPC share. Resources workforce removed from UPC via tax-free pro-rata distribution; headcount not quantified.
1996-09-30reduction_in_forcein_progressUnited StatesTrucking (Overnite Transportation Company)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Overnite continued strategic initiatives including workforce reductions, service center consolidations, centralization of linehaul management and repricing of lowest-margin customers; salaries and benefits expense decreased $6 million in the quarter reflecting workforce reductions and lower volumes.
1996-09-30otherin_progressUnited StatesTrucking (Overnite Transportation Company) — union organizingMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Teamsters organizing campaign: since year-end 1994, over 50 of Overnite's 165 service centers received union election petitions; 27 voted against representation, three unresolved, three decertification petitions filed, eleven certified centers (about 7% of workforce) in negotiations, and eight other centers (about 10% of workforce) challenged before the NLRB or federal courts.
1996-09-30otherin_progressUnited StatesRailroad — national union agreementsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Nine of twelve national rail unions (representing approximately 93% of the Railroad's unionized workforce) have ratified or are voting on five-year national agreements with 3% to 3.5% annual wage increases/lump-sum payments and increased work-rule flexibility; terms not expected to have a material adverse effect.
1996-09-30othercompleted1996-11-01United StatesRailroad — executive managementMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
In November 1996, Ronald J. Burns resigned as CEO and President of the Railroad; Jerry Davis named President and COO, and Richard Davidson named CEO of the Railroad.
1996-09-30acquisition_additioncompleted1995-08-031996-09-11United StatesRailroadbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
UPC consummated acquisition of Southern Pacific on September 11, 1996, acquiring remaining 75% of SP shares. No employee headcount added disclosed.
1996-09-30divestiture_reductioncompleted1996-09-121996-10-15United StatesNatural Resources (Union Pacific Resources Group Inc.)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Spin-Off completed October 15, 1996; each UPC stockholder received 0.846946 Resources share per UPC share. No employee headcount removed disclosed.
1996-09-30restructuringin_progress1996-09-111997-06-30United StatesRailroad — UPC and Southern Pacific integrationUSD 646 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Estimated $646 million liability recognized for costs related to eliminating duplicate positions, relocating functions, and disposing of redundant facilities. Relocation and severance plans expected completed by mid-1997. No employee count disclosed; determination described as preliminary.
1996-09-30restructuringin_progressUnited StatesOvernite Transportation Company (Trucking)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Overnite implemented workforce reductions, service center consolidations, linehaul centralization, and repricing initiatives during Q3 1996. No specific headcount or charge disclosed.
1996-09-30otherin_progressUnited StatesRailroad — National labor agreementsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Nine of twelve national rail unions (approximately 93% of unionized workforce) had ratified or were voting on five-year agreements with 3%–3.5% annual wage increases and lump-sum payments plus work rule flexibility. Not expected to have material adverse effect.
1996-09-30otherin_progressUnited StatesOvernite Transportation Company — Teamsters unionizationMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Eleven service centers (~7% of Overnite workforce) voted for Teamsters representation; eight more (~10%) contested or unclear. Overnite resisting unionization and has begun negotiations at certified centers.
1996-09-30restructuringin_progress1996-09-111997-06-30United StatesRailroad OperationsUSD 646 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger-related costs including relocation and severance for unionized and non-unionized employees. Expected completion by mid-1997. Employee count not explicitly disclosed.
1996-09-30otherin_progress1996-09-30United StatesTrucking (Overnite)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Unionization efforts at Overnite. 11 service centers voted for union representation (approx 7% of workforce). 8 other centers (approx 10%) have elections challenged or unclear. Negotiations begun at certified centers.
1996-06-30restructuringin_progressUnited StatesOvernite Transportation Company (Trucking)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Overnite implemented strategic initiatives including workforce reductions, service center consolidations, and repricing of lowest-margin customers; no headcount or charge figures quantified.
1996-06-30otherin_progressUnited StatesRailroadMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Five-year national settlement reached with United Transportation Union (~25% of unionized workforce) and Brotherhood of Locomotive Engineers (~15%), with wage increases of 3% to 3.5% annually plus lump-sum payments and work rule flexibility; tentative agreements with remaining major rail unions reached July 1996, ratification expected Q3 1996.
1996-06-30otherin_progressUnited StatesOvernite Transportation Company (Trucking)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Teamsters unionization campaign ongoing: since year-end 1995 six service centers held union elections (two voted for union representation); three previously unionized centers filed decertification petitions; less than 9% of Overnite workforce has voted for union representation; negotiations underway at several unionized service centers.
1996-06-30restructuringin_progressUnited StatesTrucking — Overnite Transportation CompanyMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Filer states Overnite continued strategic initiatives during the quarter including workforce reductions, service center consolidations and repricing of lowest-margin customers. No employee counts, dates or charges disclosed.
1996-06-30othercompletedUnited StatesRailroad — labor relationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Five-year national rail settlement reached with the United Transportation Union (25% of the Railroad's unionized workforce) and Brotherhood of Locomotive Engineers (15%): general wage increases and lump-sum payments of 3% to 3.5% annually plus work rule flexibility. No announcement date or affected-employee count given; filer does not expect a material adverse effect.
1996-06-30otherannounced1996-071996-09-30United StatesRailroad — labor relationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
In July 1996 leadership of the remaining major rail unions (Transportation Communications Union, Brotherhood of Maintenance of Way Employees and three shop-craft unions) reached tentative agreements with major freight railroads; ratification votes expected in Q3 1996 (expected_completion_date is the end of that quarter). Filer states these events greatly reduce the possibility of rail strikes.
1996-06-30otherin_progressUnited StatesTrucking — Overnite Transportation CompanyMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Teamsters organizing and decertification activity: since year-end 1995 six Overnite service centers held union elections (two voted for union representation) while employees at three previously unionized centers filed NLRB decertification petitions; less than 9% of Overnite's workforce has voted for union representation. Negotiations with the Teamsters have begun at several unionized centers; impact on future results cannot be estimated. No single announcement date; no employee counts.
1996-06-30acquisition_additionannounced1996-07-031996-09-30United StatesRailroad — Southern Pacific Rail Corporationbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
STB unanimously approved the acquisition with conditions at its July 3, 1996 voting conference; final written decision expected by August 12, 1996 and consummation expected September 1996. Headcount added through the acquisition is not disclosed; total cost approximately $4.1 billion plus assumption of Southern Pacific debt. UPC already held about 25% of Southern Pacific shares from the September 1995 tender offer.
1996-06-30divestiture_reductionannounced1995-071996-12-31United StatesNatural Resources — Union Pacific Resources Group Inc.other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Board approved the divestiture plan in July 1995; after the October 1995 IPO, the remaining pro-rata tax-free distribution of Resources shares to stockholders is expected in Q4 1996, following the Southern Pacific acquisition and subject to a favorable IRS ruling. Headcount removed is not disclosed.
1996-06-30restructuringin_progressOvernite Transportation CompanyMD&A
f5-10q / Qwen3.6-27B-Q8_0
Overnite implemented strategic initiatives including workforce reductions and service center consolidations.
1996-06-30othercompletedRailroadMD&A
f5-10q / Qwen3.6-27B-Q8_0
Major freight railroads reached a five-year settlement with UTU and BLET; tentative agreements reached with remaining major rail unions.
1996-06-30otherin_progressOvernite Transportation CompanyMD&A
f5-10q / Qwen3.6-27B-Q8_0
Less than 9% of Overnite's workforce has voted for union representation; negotiations begun at several unionized service centers.
1996-03-31otherin_progressUnited StatesRailroadMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
17-day General Motors brake plant strike reduced Railroad automotive revenues by approximately $12 million in the quarter
1996-03-31othercompleted1996-01-011996-05-31United StatesRailroad - United Transportation Union (approx. 25% of unionized workforce)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
UTU membership rejected tentative agreement in April 1996; binding arbitration decision in May 1996 adopted five-year agreement with 3-3.5% annual wage increases and work rule flexibility
1996-03-31otherin_progress1996-02-01United StatesRailroad - Brotherhood of Locomotive Engineers (approx. 15% of unionized workforce)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Tentative agreement reached with BLE leadership in February 1996; membership ratification votes in process at filing date
1996-03-31otherin_progress1996-05-08United StatesRailroad - Transportation Communications Union (approx. 20% of unionized workforce)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
TCU released from mediation after rejecting binding arbitration; Presidential Emergency Board appointed May 8, 1996 postponed a work shutdown for at least 60 days
1996-03-31otherin_progressUnited StatesTrucking (Overnite)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Teamsters unionization efforts: since year-end 1995 six service centers held elections, two voted for union representation; less than 9% of Overnite workforce has voted for union representation; negotiations underway at unionized centers with unquantified cost impact
1996-03-31othercompleted1996-01-311996-05-31United StatesRailroad — United Transportation Union (approximately 25% of unionized workforce)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tentative agreement reached January 1996, rejected by membership April 1996; binding arbitration in May 1996 adopted the original five-year agreement with wage increases of 3% to 3.5% annually plus work rule flexibility
1996-03-31otherin_progress1996-02-28United StatesRailroad — Brotherhood of Locomotive Engineers (approximately 15% of unionized workforce)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tentative agreement reached February 1996; ratification votes by BLE membership in process as of filing date
1996-03-31otherannounced1996-05-08United StatesRailroad — Transportation Communications Union (approximately 20% of unionized workforce)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
TCU rejected NMB binding arbitration; Presidential Emergency Board appointed May 8, 1996 postponing work shutdown for at least 60 days; PEB recommendations not binding on either party
1996-03-31otherin_progressUnited StatesOvernite Transportation — Teamsters unionization effortsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Since year-end 1995, six service centers held elections with two voting for union representation; less than 9% of Overnite workforce has voted for union representation; negotiations underway at several unionized centers
1996-03-31otherin_progress1994-11-01United StatesRailroadMD&A
f5-10q / Qwen3.6-27B-Q8_0
Negotiations for new labor agreements began in Nov 1994. UTU rejected tentative agreement in April 1996; binding arbitration adopted original 5-year agreement in May 1996. TCU released from mediation; Presidential Emergency Board appointed May 8, 1996.
1996-03-31otherin_progress1996-02-01United StatesRailroadMD&A
f5-10q / Qwen3.6-27B-Q8_0
Tentative agreement reached with Brotherhood of Locomotive Engineers (BLE) in Feb 1996. Ratification votes in process.
1996-03-31otherin_progress1995-12-31United StatesTruckingMD&A
f5-10q / Qwen3.6-27B-Q8_0
Teamsters unionization efforts at Overnite service centers. Six elections held since year-end 1995; two voted for union, two filed to decertify. Less than 9% of workforce voted for union representation.
1995-12-31restructuringin_progress9001995-05-011996-12-31United StatesRailroad (CNW integration)USD 110 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Reserves recorded with CNW purchase accounting effective May 1, 1995. Total pre-tax integration reserves of $190 million included $110 million to cut roughly 900 redundant CNW positions, $34 million to relocate about 1,000 CNW employees, and $22 million of union labor protection. Through year-end 1995, $92 million charged and roughly 700 positions eliminated (management severance substantially completed); union workforce reductions to be completed during 1996 under existing labor agreements. 900 employees equals roughly 1.8% of the 49,500 average 1995 workforce.
1995-12-31otherannounced1996-01United StatesRailroadItem_1_Business
f5-10k / GLM-5.3-flash-HTML
January 1996 tentative five-year agreement with the United Transportation Union covering approximately 25% of the Railroad's unionized employees; combines 3%–3.5% annual wage increases/lump-sum payments with work-rule flexibility. Pending ratification vote expected in spring 1996 (post-fiscal-year event).
1995-12-31otherannounced1996-02United StatesRailroadItem_1_Business
f5-10k / GLM-5.3-flash-HTML
February 1996 tentative agreement with the Brotherhood of Locomotive Engineers; final terms anticipated to be similar to the UTU package. Ratification vote expected in spring 1996 (post-fiscal-year event).
1995-12-31acquisition_additioncompleted1995-03-011995-05-01United StatesRailroadUSD 1,200 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of remaining 71.6% of CNW for ~$1.2 billion; consolidated effective May 1, 1995. Filer did not disclose headcount added.
1995-12-31restructuringin_progress7001995-03-011996-12-31United StatesRailroad (CNW integration)USD 92 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Through year-end 1995, $92M charged against $190M total pre-tax reserves. Target was ~900 workforce reductions; ~700 completed by year-end 1995 (including $14M for former CNW executives). Union workforce reductions require negotiation under existing labor agreements, anticipated completion in 1996. Separately, $34M reserve for relocation of ~1,000 CNW employees; management relocations substantially completed by year-end 1995.
1995-12-31divestiture_reductionin_progress1995-07-011996-12-31United StatesNatural Resources (Union Pacific Resources Group Inc.)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Board approved plan July 1995 to exit natural resources business. IPO of 17.1% completed October 1995; remaining 83% spin-off pending IRS ruling and Southern Pacific merger outcome, expected mid-to-late 1996. Filer did not disclose headcount removed.
1995-12-31acquisition_additionin_progress1995-08-031996-12-31United StatesRailroadUSD 976 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
First-step cash tender offer for 25% of Southern Pacific completed September 1995 at $25/share (~39M shares, $976M funded by credit facilities). Full acquisition pending STB approval; 60% of remaining shares to be exchanged for UP stock. Filer did not disclose headcount added.
1995-12-31restructuringin_progress9001995-03-011996-12-31United StatesRailroadUSD 110 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
CNW acquisition reserves included $110 million for costs to reduce CNW's workforce by approximately 900 employees. Union workforce reductions anticipated to be completed in 1996.
1995-12-31restructuringin_progress1,0001995-03-011995-12-31United StatesRailroadUSD 34 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
CNW acquisition reserves included $34 million for the relocation of approximately 1,000 CNW employees.
1995-09-30acquisition_additioncompleted1995-03-16United StatesRailroadUSD 1,200 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
UPC acquired remaining 71.6% of CNW for $1.2 billion; CNW consolidated effective May 1, 1995. No headcount figure disclosed for the acquired workforce.
1995-09-30restructuringin_progress1,1001995-03-161996-12-31United StatesCNW work force reductionUSD 110 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reserve for costs to reduce CNW work force by approximately 1,100 employees; union reductions subject to labor negotiations anticipated to be completed in 1996.
1995-09-30restructuringin_progress1,0001995-03-161995-12-31United StatesCNW employee relocationUSD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reserve for relocation of approximately 1,000 CNW employees across the Union Pacific rail system.
1995-09-30restructuringin_progress1995-03-16United StatesCNW union employeesUSD 22 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Labor protection reserve for legislated and contractual obligations to CNW union employees.
1995-09-30restructuringin_progress1995-03-16United StatesCNW facilities and equipment leasesUSD 24 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reserve for settlement or buyout of CNW lease obligations for facilities or equipment not required by the combined company.
1995-09-30restructuringin_progress3501995-03-161995-12-31United StatesCNW employee terminationsUSD 46 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Through September 30, 1995, $46 million paid from reserves, principally to terminate approximately 350 employees (including $14 million for certain former CNW executives) and relocate CNW employees.
1995-09-30divestiture_reductioncompleted1995-07-27United StatesNatural Resources (Union Pacific Resources Group Inc.)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Board approved plan to exit natural resources business via IPO of 17.1% of Resources completed October 17, 1995; remaining shares to be distributed tax-free to shareholders. No headcount figure disclosed.
1995-09-30otherin_progress1995-01-01United StatesOvernite Transportation CompanyMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Since January 1, 1995, over 50 of Overnite's 174 terminals petitioned for union elections; twelve voted for union representation. Overnite won each of the last 10 elections and 22 of the last 26; less than 9% of work force voted for union representation.
1995-09-30restructuringin_progress1,1001995-03-161996-12-31United StatesChicago and North Western (CNW) — workforce reductionUSD 110 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of $190 million pre-tax acquisition reserves. Union work-force reductions require negotiation under existing labor agreements, anticipated completion in 1996. Through 1995-09-30, $46 million had been paid against reserves, including termination of approximately 350 employees (of which $14 million related to certain former CNW executives).
1995-09-30restructuringin_progress1,0001995-03-161995-12-31United StatesChicago and North Western (CNW) — employee relocationUSD 34 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Relocation of approximately 1,000 CNW employees across the Union Pacific rail system; management employee relocations expected complete by year-end 1995.
1995-09-30restructuringin_progress1995-03-161996-12-31United StatesChicago and North Western (CNW) — labor protectionUSD 22 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Labor protection for legislated and contractual obligations to CNW union employees; affected-employee count not disclosed.
1995-09-30acquisition_additioncompleted1995-03-161995-05-01United StatesRailroadbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
CNW results consolidated effective 1995-05-01 following cash tender offer at $35 per share; headcount added through the acquisition not disclosed.
1995-09-30otherin_progress1995-01-01United StatesOvernite Transportation Company (Trucking) — union organizingMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Since 1995-01-01, over 50 of Overnite's 174 terminals petitioned for union elections; 12 voted for union representation. Overnite won the last 10 elections and 22 of the last 26; under 9% of the workforce has voted for union representation. Incremental expenses from the Teamsters dispute cited as a factor in segment losses.
1995-09-30divestiture_reductionannounced1995-07-27United StatesUnion Pacific Resources Group Inc. (natural resources)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Board approved plan on 1995-07-27 to exit natural resources business; IPO of 42.5 million shares completed 1995-10-17 at $21 per share (17.1% sold, $844 million net proceeds). Remaining stake to be distributed tax-free to shareholders, subject to IRS ruling and Southern Pacific acquisition outcome. Headcount impact not disclosed.
1995-09-30restructuringin_progress1,1001995-03-161996-12-31Chicago and North Western Transportation Company (CNW)USD 110 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Work force reductions must be negotiated under existing labor agreements and are anticipated to be completed in 1996.
1995-09-30restructuringin_progress1,0001995-03-161995-12-31Chicago and North Western Transportation Company (CNW)USD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Relocation of approximately 1,000 CNW employees. Management employee terminations and relocations are expected to be completed by year-end 1995.
1995-09-30restructuringcompleted3501995-03-161995-09-30Chicago and North Western Transportation Company (CNW)USD 46 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Through September 30, 1995, $46 million had been paid and charged to the reserves, principally comprising costs to terminate approximately 350 employees.
1994-12-31acquisition_additioncompleted1994-03-311994-03-31United States (West Texas, Louisiana)Natural resources — Union Pacific ResourcesUSD 725 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net purchase price of $725 million; headcount added through the acquisition is not disclosed.
1994-12-31divestiture_reductioncompleted1994-09-301994-12-31United StatesWaste management — USPCI, Inc.USD 404 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Board approved formal disposal plan September 1994; sale to Laidlaw Inc. for $225 million in notes closed at year-end. $404 million after-tax write-down recorded. Headcount removed not disclosed.
1994-12-31divestiture_reductioncompleted1994-03-311994-03-31United States (Wilmington, California)Natural resources — Union Pacific Resourcesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Wilmington oil field and related facilities to the City of Long Beach for $405 million; headcount removed not disclosed.
1994-12-31othercompleted1994-04-011994-04-24United States (Eastern)Trucking — Overnite TransportationItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Strike was against other unionized carriers, not Overnite; it shifted Overnite's freight mix unfavorably and raised costs. No headcount impact on Overnite disclosed.
1994-12-31otherannounced1995-03-07United StatesTrucking — Overnite TransportationItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
As of March 7, 1995, employees at seven Overnite terminals voted for union representation, requiring good-faith bargaining; approximately 5.6 percent of Overnite's 14,300 employees union-represented at that date.
1994-12-31acquisition_additioncompleted1994-03-311994-03-31United States (West Texas, Louisiana)Natural resources — Union Pacific Resources CompanyUSD 725 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net purchase price of $725 million; approximately 2,000 producing wells and 600,000 acres acquired. Headcount added not disclosed.
1994-12-31divestiture_reductioncompleted1994-09-301994-12-31United StatesWaste management — USPCI, Inc.USD 404 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Board approved formal disposal plan September 1994; sale to Laidlaw Inc. for $225 million closed at year-end. $404 million after-tax write-down recorded. Employees affected not disclosed.
1994-12-31othercompleted1994-10-061995-01-31United StatesCorporate — Santa Fe acquisition bidItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Competing bid for Santa Fe Pacific Corporation launched October 1994 and withdrawn January 31, 1995 after rejections and a poison-pill adoption. No workforce impact quantified; related Delaware litigation dismissed February 24, 1995.
1994-12-31otherannounced1995-03-07United StatesTrucking — Overnite TransportationItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent-event disclosure: as of March 7, 1995, employees at seven terminals voted for union representation, requiring good-faith bargaining; approximately 5.6% of Overnite's 14,300 employees union-represented.