Union Pacific CEO called to hearing in Washington as risk of rail strike rises
November 30, 2022
The Surface and Transportation Board is calling Union Pacific management including CEO Lance Fritz to appear at hearings about the freight railroad’s use of embargoes.
The request for testimony comes as rails and labor unions move dangerously close to a strike which could shut down the national freight transportation network.
The STB hearings are scheduled for Dec. 13-14, which would be after the potential start date for a rail strike on Dec. 9.
STB is interested in how UP’s staffing and service levels have impacted the supply chain and the economy, issues that overlap with union concerns in current negotiations.
