CLAIM #59290 · Union Pacific Corporation (UNP) · 2022Q4 earnings call · Jan 24, 2023 · due Dec 31, 2023
“We look to leverage these gains to improve derailment performance in 2023.”
Eric Gehringer · EVP Operations
In context
“ap up my comments, I want to take a moment to express my gratitude to our customers and the operating team. Over the past month, extreme weather events impacted large portions of our network and I want to thank our employees who safely worked around the clock in harsh conditions to keep the railroad running for our customers. And with that, I will turn it over to Eric to review our operational performance. Eric Gehringer: Thanks, Kenny, and good morning. Starting on Slide 10, safety is at the foundation of everything we do. We have enhanced our training programs and are working to solidify our safety culture through ownership and personal accountability. These efforts drove an 18% improvement in our 2022 full year personal injury safety results, which is at the lowest level in five years. We look to leverage these gains to improve derailment performance in 2023. While good progress, overall, our goal remains returning each employee home safely at the end of the day. Moving now to Slide 11 for a look at our current operational performance, our attention throughout 2022 was focused on onboarding the necessary crew resources to operate a fluid network and meet customer demand. I would like to thank our partners and workforce resources and the operating team for their great work in recruiting and onboarding new team members. We currently have around 600 employees in training as our pipeline is significantly stronger than it was a year ago. That being said, our hiring efforts will continue in 2023, as we backfill for attrition and target locations across the northern region, where crude challenges persist. In the near-term, we will continue to utilize”
Verify independently
SEC filings for UNP ↗ · Claim quote is verbatim from the 2022Q4 earnings call.