Union Pacific to reverse centralization
Article Abstract:
Union Pacific Corp. is restructuring its railroad management which has been centralized in Omaha, Neb. for ten years. Centralization has been blamed for massive service problems in much of the Western U.S. The company will reorganize the railroad into three regions, with a vice president in charge of each. Union Pacific's rail system has doubled in size through acquisitions in recent years. "The railroad is too large to operate from one location," said Union Pacific spokesman John Bromley.
Comment:
Union Pacific will restructure its railroad management
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Can fast trains and local beer save Amtrak?
Article Abstract:
Customers and employees alike have heard the turnaround song before, promises by Amtrak that it will get better. It has until the end of 2002 to keep its promise or it might be liquidated. Everyone has heard that song before too. But with its new CEO it is planning to launch new high-speed train service, new menus, more legroom, and passenger trains in a few places where they had been eliminated. It is test-marketing a supertrain between Seattle and Portland now.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Newport News, Avondale sign a stock deal; biggest U.S. shipbuilder will add experience in Navy, surface vessels
Article Abstract:
In a $470 million stock deal Avondale Industries Inc. will be acquired by Newport News Shipbuilding Inc. The new, combined, company, will be called Newport News Avondale Industries and will have a geographic advantage by virtue of its operations on three coasts. Together they will make Navy and commercial surface ships, Avondale's expertise, and aircraft carriers and submarines, Newport News' expertise.
Comment:
To acquire Avondale Industries Inc. in stock deal
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Hilton Hotels to acquire Grand Casinos and split hotel, gambling operations. Patriot American, unit complete acquisition of interstate hotels
- Abstracts: Boston Scientific to acquire Pfizer unit. Conservative Stryker joins the merger game in a big way. J & J agrees to buy DePuy for $3.5 billion
- Abstracts: Citicorp deal with Travelers gets opposition. Salomon's Dimon restates support of Citicorp merger. Star Banc and Firstar agree to merge in deal valuing Firstar at $6.88 billion
- Abstracts: KPMG plans to sell stake in a division. Domenick Esposito is appointed CEO of Grant Thornton. Pricewaterhouse accused of conflict with audit clients
- Abstracts: Cendant Profit tops forecasts; '97 is restated. Cendant reports 46% drop in profit, hurt by charges. Penney profit falls 70%, but Ann Taylor, limited, Dayton Hudson post strong net