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Union PacificThe Reconfiguration: America's Greatest Railroad from 1969 to the Present$
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Maury Klein

Print publication date: 2011

Print ISBN-13: 9780195369892

Published to Oxford Scholarship Online: March 2015

DOI: 10.1093/acprof:osobl/9780195369892.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 17 September 2021

The Studies

The Studies

(p.190) 14 The Studies
Union Pacific

Maury Klein

Oxford University Press

This chapter focuses on studies initiated by John C. Kenefick and C. Barry Schaefer to evaluate Union Pacific Railroad's performance. The first study confirmed Schaefer's belief that the railroad had not achieved significant increases in productivity and was not earning an adequate return on invested capital. Once in New York, Schaefer expanded the Productivity Studies to the other subsidiaries. Meanwhile, Kenefick assigned John Rebensdorf to meet with Harold Gastler of Katy Industries to determine whether a merger between Katy and Union Pacific would work. Union Pacific also had to grapple with the question of who would succeed Kenefick as company president.

Keywords:   productivity, John C. Kenefick, C. Barry Schaefer, Union Pacific Railroad, performance, return on invested capital, John Rebensdorf, Harold Gastler, Katy Industries, merger

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