Union Pacific CEO on First-Quarter, Labor Negotiations
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Business, Life Skills
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University
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Hard
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7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the main reason for Union Pacific's operational shortfall despite strong financial results?
Decline in coal shipments
Increased competition from trucks
Rising labor costs
High customer service expectations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did high natural gas and diesel prices affect Union Pacific?
They helped generate new business
They led to a decrease in rail volume
They reduced the company's profitability
They increased the company's operational costs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current trend in trucking spot rates according to the transcript?
They are stable and unchanged
They are increasing rapidly
They have been decreasing recently
They are at historic lows
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a unique factor affecting rail volume in the first quarter?
A labor strike
The timing of Easter
Increased competition from trucks
A decline in coal shipments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a major challenge for Union Pacific in terms of labor?
Excessive hiring
Lack of skilled workers
High turnover rates
Insufficient labor utilization
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk mentioned regarding the Los Angeles port?
A decrease in import volumes
A natural disaster
A possible strike
Increased tariffs
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the biggest opportunities for growth for Union Pacific?
Expanding into new international markets
Improving service levels and reliability
Reducing fuel costs
Increasing coal shipments
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