Union Pacific Bets on Lean Operations to Transform Rail Industry
US rail giant UP is implementing Precision Scheduled Railroading (PSR), a lean operation strategy, to improve efficiency and service. However, learning from CSX's previous PSR implementation, the Surface Transportation Board (STB) is closely monitoring UP's transition. UP has pledged to learn from past mistakes, proceed cautiously, and has developed a detailed implementation plan. Analysts believe that the key to UP's success lies in its execution capabilities. The smooth transition and adherence to regulatory compliance will be crucial for UP's overall performance.









