giteam OP t1_iw7kust wrote on November 13, 2022 at 4:03 PM

#519,039

The biggest freight railroad operator is BNSF, privately owned by Warren Buffet's Berkshire Hathaway. Union Pacific is the 2nd largest and forms a duopoly market with BNSF. Quite possibly, what we eat and use daily is transported by BNSF or Union Pacific.

Source:

Union Pacific

Genuine Impact newsletter

Tools:

Figma Sankey

JustaOrdinaryDemiGod t1_iw7lta5 wrote on November 13, 2022 at 4:09 PM

#519,107

Replying to giteam (#519,039)

Is that the same railroad that is on the verge of a striking union due to working conditions and wages?

acidx0013 t1_iw8yer8 wrote on November 13, 2022 at 9:23 PM

#521,457

Considering basically all their income is from freight maybe this is more how they spend their money? Love how wages are less than profits, great plan.

geek66 t1_iw932kd wrote on November 13, 2022 at 9:54 PM

#521,642

So .. here is my protip... Buy one share of UP and you get a wall calendar of great train pics - every year.

stueylikesit t1_iw99k1l wrote on November 13, 2022 at 10:40 PM

#521,948

Replying to acidx0013 (#521,457)

What's a good company's wage to profit ratio?

acidx0013 t1_iw99vki wrote on November 13, 2022 at 10:42 PM

#521,965

Replying to stueylikesit (#521,948)

I guess it depends on if you own the company or work for the company.

stueylikesit t1_iw9a8us wrote on November 13, 2022 at 10:44 PM

#521,983

Replying to acidx0013 (#521,965)

Let's say we work for the company

acidx0013 t1_iw9d83w wrote on November 13, 2022 at 11:06 PM

#522,088

Replying to stueylikesit (#521,983)

Then I imagine you would want them to hit the equilibrium point of paying you just enough to keep from bankrupting the company and allowing for expansion and taking care of any debt service. But you would want that number to be as high as possible. If you owned the company I imagine that the same is true but with that number being as low as possible. Or at least that seems to be the mode. What do I know.

homeless_engi t1_iw9egvq wrote on November 13, 2022 at 11:15 PM

#522,144

Replying to geek66 (#521,642)

Hmm, can you send me details on how to do that? If I buy on robinhood will I get my train pic calendar?

power2know t1_iw9rbe1 wrote on November 14, 2022 at 12:51 AM

#522,741

I love reading these graphs, very pleasing to look at. Thanks

I-need-ur-dick-pics t1_iw9vtl4 wrote on November 14, 2022 at 1:26 AM

#522,965

Replying to homeless_engi (#522,144)

Here you go

https://www.up.com/investor/shareholders/calendars/index.htm

koolaideprived t1_iw9xrqc wrote on November 14, 2022 at 1:41 AM

#523,056

Replying to JustaOrdinaryDemiGod (#519,107)

Both of them, and more. All class 1 railroads operate with members of the same unions. Right now the members of smart and the blet are voting on whether or not to accept the contract. It's mainly a threaten to strike over access to reasonable time off for things like doctors appointments. I just had to cancel a doctor's appointment that was scheduled 2 months ago because it would have taken toonmany of my "points" to make it. Wages aren't the sticking point for our union.

Source: I am a SMART member and just voted the other day.