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News Wire: Union Pacific CEO Lance Fritz says US-Chine trade dispute has gone too far

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Posted by SD60MAC9500 on Wednesday, November 27, 2019 12:20 PM
 

York1

 

 
JoeBlow
Sales is what brings in the new opportunities and money. Look at the business growth that has happened when shortlines take over supposedly hopeless lines from the class 1s. Example: Blue Mountain and Reading.

 

We have Nebraska Central Railroad which operates on about 350 miles of old UP and BNSF tracks.  It is owned by Rio Grande Pacific, which operates several other shortlines.

It serves some small industries and some ethanol plants, but it also hits a lot of grain elevators in the small towns.  It is a lifeline for these small towns and the farmers.  It also is profitable.

Evidently they are able to make a profit serving these small towns, while UP and BNSF either couldn't, or didn't want to bother.

 

 

The C1's don't want to bother with switching the one's and two's they want high volume lanes with minimal car handling. That's why it best going forward the shortlines become agents of the carload network by: Marketing, Handling Information/Paperwork, and Switching for the C1's where it makes sense.. I would even go as far to say Shortlines should look at purchasing/leasing larger quantities of: Boxcars, Hoppers, etc.. We have a imminent Boxcar problem on the horizon..

 
Rahhhhhhhhh!!!!
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Posted by Gramp on Tuesday, November 26, 2019 4:23 PM

BaltACD
 
Convicted One
 
Miningman

Socialism and Communism REQUIRE an iron fist in order to function. 

I consider Canada more socialist than the USA, please describe the iron fist of Canada

 

I view what we are seeing in China, these days, is Iron Fisted Capitalism, with governmental assistance in attacking foreign markets and the govenment getting a return on the 'assistance'.

 

 I think it's recognizing that the Chinese Communist Party uses the "free market" for the sole purpose of ensuring the continued existence of the Party.  Xi has said the aim is to bring moderate prosperity to the Chinese populace to preserve Party control.  They are all about the term "collectivism".  We are about the term "individualism" in its best, beneficial sense. Those terms are mutually exclusive. Are you familiar with the game, GO?  We need to understand that game.

 
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Posted by JoeBlow on Sunday, November 24, 2019 9:16 PM

The railroad that operates the team track is Pacific Harbor Lines and they are union. They also service Trapac along with BNSF and UP.

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Posted by charlie hebdo on Sunday, November 24, 2019 8:02 PM

Miningman

We do not have a central planned economy and support free markets. Individuals are free to express themselves in speech, art, career choice, and every other aspect of liberty. 

A Socialist or Communist State controls every aspect of the economy and individual freedoms. There is no freedom of capital or expression and no property rights either. It is NOT social programs that are democratically voted in and can be voted out. 

Social programs vary between countries. We happen to have a pretty good social safety net. People are not ground into powder because they are poorer. We have a universal health care system in which the government administers and pays for darn near everything but it varies from province to province. It is paid for in taxes, mostly corporate and payroll. Social programs like health care, police, roads and welfare do not make a country socialist. These are voted in democratically.

We have a population of 37 Million, in the second largest country in the world connecting 3 oceans and 40% of the worlds known resources in metals, oil and gas, timber, water, so it is relatively easy and quite affordable to be generous. Our taxes are higher than yours, especially on payroll. California and New York are there though, pretty darn high. 

Not so easy to do something like 'free' and universal Healthcare in the USA with a population almost 10x Canada's size. 

Grey Cup Day across the land. The 107th final for Canadian Football League supremacy. It's akin to the USA's SuperBowl. Hamilton Tiger-Cats vs Winnipeg Blue Bombers. Both teams have droughts dating from '99 and '90 so someone's long wait will end.  

 

You realize that Medicare and Social Security in the States were/are labeled as "socialism"?  Of course both concepts originated under Bismarck in Imperial Germany,  hardly a communist or socialist state. 

Private property exists in many socialist and communist countries.  Ditto with capital.  Freedoms of expression are strong in Europe,  where most nations have democratic socialist institutions,  if not governments, which are democratically elected. 

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Posted by charlie hebdo on Sunday, November 24, 2019 7:06 PM

York1

 

 
JoeBlow
Sales is what brings in the new opportunities and money. Look at the business growth that has happened when shortlines take over supposedly hopeless lines from the class 1s. Example: Blue Mountain and Reading.

 

We have Nebraska Central Railroad which operates on about 350 miles of old UP and BNSF tracks.  It is owned by Rio Grande Pacific, which operates several other shortlines.

It serves some small industries and some ethanol plants, but it also hits a lot of grain elevators in the small towns.  It is a lifeline for these small towns and the farmers.  It also is profitable.

Evidently they are able to make a profit serving these small towns, while UP and BNSF either couldn't, or didn't want to bother.

 

Do you if they are union? The contract? Wage scale? 

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Posted by York1 on Sunday, November 24, 2019 6:10 PM

JoeBlow
Sales is what brings in the new opportunities and money. Look at the business growth that has happened when shortlines take over supposedly hopeless lines from the class 1s. Example: Blue Mountain and Reading.

We have Nebraska Central Railroad which operates on about 350 miles of old UP and BNSF tracks.  It is owned by Rio Grande Pacific, which operates several other shortlines.

It serves some small industries and some ethanol plants, but it also hits a lot of grain elevators in the small towns.  It is a lifeline for these small towns and the farmers.  It also is profitable.

Evidently they are able to make a profit serving these small towns, while UP and BNSF either couldn't, or didn't want to bother.

York1 John       

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Posted by kgbw49 on Sunday, November 24, 2019 5:36 PM

The National Socialists still had ownership of companies - they were very tightly controlled and integrated with the state and it was better for the owners (or else) if they were in the party. The means of production were still privately owned but tightly controlled by the state and integrated with the state - Krupp, Messerschmidt, Henschel as examples.

In the Union of Soviet Socialist Republics the state owned all means of production. It eventually collapsed on itself.

China used to be like the USSR in that regard, owning all means of production. But now it appears to have moved to allow tightly controlled ownership of companies with integration with the state similar to the National Socialists in Germany.

Either way, when one cuts to the chase it does not look like freedom (where the government serves the individual instead of the individual being subservient to the government) is something they are intending on exporting to Hong Kong.

 

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Posted by JoeBlow on Sunday, November 24, 2019 2:00 PM

           Sales is what brings in the new opportunities and money. Look at the business growth that has happened when shortlines take over supposedly hopeless lines from the class 1s. Example: Blue Mountain and Reading.

           Trapac Container Terminal is one of the most automated terminals in the Port Of Los Angeles that provides much intermodal freight. About 1/4 a mile away is a team track operated by the local shortline. It is always busy with boxcars and flat cars.

           My point is there is plenty of business in the carload segments. If shortlines and regionals can make team tracks be profitable then surely the Class 1s can.

            The only problem is that over the last 40 years the management of the class 1s has largely abandoned the entire concept of servicing the smaller customers.   

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Posted by Miningman on Sunday, November 24, 2019 1:29 PM

We do not have a central planned economy and support free markets. Individuals are free to express themselves in speech, art, career choice, and every other aspect of liberty. 

A Socialist or Communist State controls every aspect of the economy and individual freedoms. There is no freedom of capital or expression and no property rights either. It is NOT social programs that are democratically voted in and can be voted out. 

Social programs vary between countries. We happen to have a pretty good social safety net. People are not ground into powder because they are poorer. We have a universal health care system in which the government administers and pays for darn near everything but it varies from province to province. It is paid for in taxes, mostly corporate and payroll. Social programs like health care, police, roads and welfare do not make a country socialist. These are voted in democratically.

We have a population of 37 Million, in the second largest country in the world connecting 3 oceans and 40% of the worlds known resources in metals, oil and gas, timber, water, so it is relatively easy and quite affordable to be generous. Our taxes are higher than yours, especially on payroll. California and New York are there though, pretty darn high. 

Not so easy to do something like 'free' and universal Healthcare in the USA with a population almost 10x Canada's size. 

Grey Cup Day across the land. The 107th final for Canadian Football League supremacy. It's akin to the USA's SuperBowl. Hamilton Tiger-Cats vs Winnipeg Blue Bombers. Both teams have droughts dating from '99 and '90 so someone's long wait will end.  

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Posted by BaltACD on Sunday, November 24, 2019 1:28 PM

Convicted One
 
Miningman

Socialism and Communism REQUIRE an iron fist in order to function. 

I consider Canada more socialist than the USA, please describe the iron fist of Canada

I view what we are seeing in China, these days, is Iron Fisted Capitalism, with governmental assistance in attacking foreign markets and the govenment getting a return on the 'assistance'.

Never too old to have a happy childhood!

              

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Posted by Convicted One on Sunday, November 24, 2019 1:10 PM

Miningman

Socialism and Communism REQUIRE an iron fist in order to function.

I consider Canada more socialist than the USA, please describe the iron fist of Canada

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Posted by Euclid on Sunday, November 24, 2019 1:03 PM

Miningman

Socialism and Communism REQUIRE an iron fist in order to function. They run against the human nature of individuals in achievement, competition , freedom of expression and choice.  

 

Yes.

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Posted by Miningman on Sunday, November 24, 2019 12:45 PM

Socialism and Communism REQUIRE an iron fist in order to function. They run against the human nature of individuals in achievement, competition , freedom of expression and choice.  

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Posted by BaltACD on Sunday, November 24, 2019 11:23 AM

tree68
 
kgbw49
... iron fist of socialism... 

Socialism, in and of itself, is not bad (not necessarily all that good, but...)

The same applies to communism.

The problem arises when those two terms are used as euphemisms for totalitarianism.  And all too often, that is actually the case.  

Anyone here read "Animal Farm?"  All was good until the pigs amended "but some are more equal than others" to the initial motto of "All animals are equal."

A 'Iron Fist' is totalarian tyrany no matter what form of economic system is used by the Iron Fist.

Never too old to have a happy childhood!

              

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Posted by tree68 on Sunday, November 24, 2019 9:35 AM

kgbw49
... iron fist of socialism...

 

Socialism, in and of itself, is not bad (not necessarily all that good, but...)

The same applies to communism.

The problem arises when those two terms are used as euphemisms for totalitarianism.  And all too often, that is actually the case.  

Anyone here read "Animal Farm?"  All was good until the pigs amended "but some are more equal than others" to the initial motto of "All animals are equal."

LarryWhistling
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Posted by Convicted One on Sunday, November 24, 2019 9:24 AM

Murphy Siding
maybe you were implying that part of the plan was to punish those who enabled the Chinese to move goods into our market-

Would it be okay to believe (hope) that part of the plan was intended to punish those who moved their production to China?

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Posted by Flintlock76 on Sunday, November 24, 2019 9:18 AM

Good for them!  

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Posted by Shadow the Cats owner on Sunday, November 24, 2019 7:36 AM

I can tell you this much from what we deal with on our custom blend resin side.  The on average 3-4 contaniers a week that were blended and shipped overseas to China yes we shipped that much overseas are now staying here in the USA and most of those loads are going out in my bosses own trucks.  The companies that needed them shipped overseas have relocated the manufactoring plants here in the states.  

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Posted by kgbw49 on Saturday, November 23, 2019 10:47 PM

Hitler butchered tens of millions of Germany's (and other occupied countries' ) people. Lenin and Stalin butchered tens of millions of Russia's (and other occupied countries') people. Mao butchered tens of millions of China's people. We should be helping freedom-loving people leave Hong Kong before 2047 when the iron fist of socialism clamps down around Hong Kong for good. 

 

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Posted by tree68 on Saturday, November 23, 2019 9:35 PM

BaltACD
In addition to the retrenchment of service, PSR has also sliced away most of the sales and marketing forces of the company's who are nominally the ones that seek out new traffic opportunities.

A self-fulfilling prophesy if ever there was one:  "We're not seeing a demand for carload traffic..."  Of course not.  There's no one to handle the sales if there was...

LarryWhistling
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Posted by BaltACD on Saturday, November 23, 2019 7:25 PM

JoeBlow
             Perhaps the silver lining in this possible "permanent damage" will be the Class 1s taking a page from the smaller railroads and focusing on carload freight. Those 2 or 3 cars a week to that lumber yard can add up when there are thousand of them.  

There will have to be a movement that announces that PSR was the anti-customer initiative that it has been for that to happen.  I am not holding my breath.

In addition to the retrenchment of service, PSR has also sliced away most of the sales and marketing forces of the company's who are nominally the ones that seek out new traffic opportunities.

Never too old to have a happy childhood!

              

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Posted by JoeBlow on Saturday, November 23, 2019 6:11 PM

             I work in transportation at the Port of Los Angeles and there has been a downturn compared to previous years. Container terminals that used to be open 6 or 7 days a week are now operating only 4 or 5 days a week with reduced number of shifts.

             Perhaps the silver lining in this possible "permanent damage" will be the Class 1s taking a page from the smaller railroads and focusing on carload freight. Those 2 or 3 cars a week to that lumber yard can add up when there are thousand of them.  

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Posted by Flintlock76 on Saturday, November 23, 2019 9:48 AM

Thank you Mr. Jones!

As the "Man on the spot"  I was hoping you'd weigh in on this topic.  And he IS the man on the spot, trust me.  

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Posted by Jones1945 on Saturday, November 23, 2019 7:35 AM

Flintlock76

Look for business elsewhere Mr. Fritz.  If the regionals and shortlines can find it so can you.

 

Screw Wall Street.

Miningman

Yes some of us certainly do have a concern, and give our support to our Forum Member who is fighting the good fight. In a way they are fighting for all us all against tyranny. It is shameful that some corporations sell out to the almighty buck and ironically in the process are they themselves controlled by this tyranny. 

Great things have small beginnings.

 

Well said.

Making deals with an "organ harvesting regime" that has been continuously violating international laws and treaties, allied with hostile like Russia and North Korea, sponsoring mobs like ISIL, purging every single religious group in its country (Yes, they are doing it right now), penetrating overseas flagship companies systematically (the list is too long) is always dangerous. It would lead us nowhere but aiding a so-called "communist" country that continually sees America as her number one threat. Now, even the Mainland Chinese are joking about how the CCP leading by Xi is brainwashing their kids in the schools: "Hate America in the morning, hate America in the afternoon, hate America in the evening, but study in America, and buy the iPhone."  Foreigners in China can't even buy a High-Speed Rail (HSR) ticket recently if he doesn't have the documents they need. Xi is turning his beautiful country upside down, trying to monitoring and manipulate every single citizen (including American who are working in China) with countless number of webcam, CCTV, spy app, and that infamous social credit system.

Note that the CCP has already messed up their economy so badly that almost every single local government except Shanghai, are in astronomical debts (as of March 2019). We are talking about 300 trillion RMB of (bad) debts here and there all over the former Communist China, now should be called the State Capitalism China. I really don't think trading with a country like this will bring America and the Free World a brighter future, it is like making deals with an eBay seller who has overwhelming negative reviews, even though he has countless alternative accounts (some of them are based in Russia, some of them ironically based in Hong Kong). There is a reason why Xi sent his daughter back to America, this is an open secret. Of course, he is not the first top party leaders of CCP who sent their family members and corrupt money to the Free World, they know this regime won't last long. I wish Mr. Fritz would take all these things into account when he is thinking about the long term interests of America and the future of the company he is leading.

I am glad to see that our representative and senator are still holding the ground of American values altogether, now it is Trump's turn to decide how to get the best use of the Hong Kong Human Rights and Democracy act of 2019, as well as the Uyghur Human Rights Policy Act of 2019. The Hong Kong Police Force, now probably directly under CCP's command since July 2019, is doing what you could only find in a Police State, systematically lynching, sexual assault, and murdering young protesters and their families for months, the reason behind is too obvious ( https://www.youtube.com/watch?v=LUIe4DNo3jQ) If you want details and first-hand evidence that you would find it disgusting, you know where to find them (and this is not the right place for me to show them) Xi turned an Asia's safest city, an international finance center into hell. But compared to the situation in the Xinjiang Uyghur "Autonomous" Region of China, the Uyghurs need even more immediate help, let alone millions of freedom-loving Chinese who are held hostage by their own government right now.

For the sake of justice, it should be the Free World to shape the future of humanity altogether, not the USSR, not the CCP/PRC+Russia+North Korea, never! 

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Posted by Convicted One on Saturday, November 23, 2019 12:25 AM

BaltACD
Russia has been actively persuing disinformation campaigns in all democratic countries to devise issues with which to split the country's unity of purpose.  In the US you see what we have.  In Great Britian we have 'Brexit'.  In all democratic countries you have the Russians pushing the deviseveness of the immigrant situations and vilifying any of Muslim persuation.  Russia is sucking out the sense of unity of the Western countries.

They haven't been doing anything that we haven't been doing to ourselves. Factionalism is actually a very usefull tool to prevent the masses from uniting against the empowered elite. Much the  same way that you control a stampede by turning the herd in on itself, much of the lib/con, dem/rep excelsior that fills up our airwaves is of the same spirit.

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Posted by charlie hebdo on Friday, November 22, 2019 9:07 PM

BaltACD

 

 
Backshop
My point is that Russia can only bluff their way to dominance.  If other countries push back, the game is over.  Nukes are a false threat unless someone else attacks them first.

 

Russia has been actively persuing disinformation campaigns in all democratic countries to devise issues with which to split the country's unity of purpose.  In the US you see what we have.  In Great Britian we have 'Brexit'.  In all democratic countries you have the Russians pushing the deviseveness of the immigrant situations and vilifying any of Muslim persuation.  Russia is sucking out the sense of unity of the Western countries.

Putin's method to bring Russia to dominance, at least dominance over Western Nations, is the divide and conquer method knowing that he has neither the economic power of the force of arms to bring it about.

 

+1

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Posted by BaltACD on Friday, November 22, 2019 9:03 PM

Backshop
My point is that Russia can only bluff their way to dominance.  If other countries push back, the game is over.  Nukes are a false threat unless someone else attacks them first.

Russia has been actively persuing disinformation campaigns in all democratic countries to devise issues with which to split the country's unity of purpose.  In the US you see what we have.  In Great Britian we have 'Brexit'.  In all democratic countries you have the Russians pushing the deviseveness of the immigrant situations and vilifying any of Muslim persuation.  Russia is sucking out the sense of unity of the Western countries.

Putin's method to bring Russia to dominance, at least dominance over Western Nations, is the divide and conquer method knowing that he has neither the economic power of the force of arms to bring it about.

Never too old to have a happy childhood!

              

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Posted by charlie hebdo on Friday, November 22, 2019 8:44 PM

If Trump withdraws from NATO, you will quickly see a return to the Warsaw Pact and a new German-Russian non-aggression pact, ala 1939.

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Posted by Backshop on Friday, November 22, 2019 7:56 PM

My point is that Russia can only bluff their way to dominance.  If other countries push back, the game is over.  Nukes are a false threat unless someone else attacks them first.

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