Latest news with #OperationalExcellence
UPI
a day ago
- Business
- UPI
Union Pacific, Norfolk Southern to merge in $85 billion deal
July 29 (UPI) -- The Union Pacific and Norfolk Southern corporations announced Tuesday the companies will merge to create America's first transcontinental freight railroad. The agreement will see Union Pacific purchase Northern Southern for stock and cash, at an implied $85 billion for Norfolk Southern, which creates a combined organization worth more than $250 billion. Not to be confused with transcontinental rail service, which has been available since 1869 when the famous "Golden Spike" linked Union Pacific with the Central Pacific railroads in Promontory Summit, Utah, when it comes to freight such service requires a transfer of goods from one railroad company to another. However, the deal made between Union Pacific and Norfolk Southern will create a seamless connection that rolls over 43 states and more than 50,000 route miles from coast to coast. The service will link around 100 ports and is intended to upgrade the American supply chain, while also increasing employment opportunities and securing union jobs. "Railroads have been an integral part of building America since the Industrial Revolution, and this transaction is the next step in advancing the industry," said Union Pacific Chief Executive Officer Jim Vena in a press release. "Imagine seamlessly hauling steel from Pittsburgh, Pa., to Colton, Calif., and moving tomato paste from Heron, California to Fremont, Ohio. Lumber from the Pacific Northwest, plastics from the Gulf Coast, copper from Arizona and Utah, and soda ash from Wyoming." "It builds on President Abraham Lincoln's vision of a transcontinental railroad from nearly 165 years ago and advances our Safety, Service and Operational Excellence Strategy," said Vena. "I am confident this historic transaction will enhance competition to benefit customers, communities, and employees while delivering shareholder value." The combined service will result in quicker and more capable freight service that would cut down on interchange delays while expanding on modes of freight transport and opening new routes that can better compete with truck transportation of goods, the companies said. "Norfolk Southern, like Union Pacific, is a railroad integral to the U.S. economy, with a storied 200-year legacy of serving customers across 22 states in the eastern half of the nation," said CEO of Norfolk Southern Mark George in the release. "Our safety, network, and financial performance is among the best we've had as a company, as is our customer satisfaction." "And it is from this position of strength that we embark on this transformational combination," George added. "We are confident that the power of Norfolk Southern's franchise, diversified solutions, high-quality customers and partners, as well as skilled employees, will contribute meaningfully to America's first transcontinental railroad, and to igniting rail's ability to deliver for the whole American economy today and into the future." George has been the CEO of Norfolk Southern since September of last year, when the company removed former CEO Alan Shaw and legal head Nabanita Nag after an investigation revealed they engaged in a relationship that violated company policy.
Yahoo
23-07-2025
- Business
- Yahoo
Altizon launches Production Intelligence Centre powered by Datonis for Process Industries
PRINCETON, N.J., and PUNE, India, July 23, 2025 /PRNewswire/ -- Altizon Inc. today announced the launch of Production Intelligence Centre solution, powered by Datonis, tailored for process-intensive industries such as Steel, Cement, Chemicals, and Power. This solution delivers a unified digital view of operations by bridging data silos across OT and IT systems, enabling faster, data-driven decision-making across the organization. At the heart of the offering is a digital command center that integrates real-time signals from Sensors, PLCs, SCADA and MES, with business context from ERP systems. The result is a single pane of glass to monitor KPIs, track critical-to-quality (CTQ) parameters, digitize manual operations, and drive operational excellence. The solution includes built-in AI tools that help teams spot issues early—like abnormal equipment behavior, rising energy use, or quality deviations. These models are trained on plant data and tuned for each use case, making them practical to deploy and useful from day one. Key features include: Real-time dashboards tailored to roles like shift operators, production heads, and plant leadership Digital forms and checklists to replace paper-based records across departments AI models for anomaly detection, predictive maintenance, energy and quality drift analysis Fast deployment options with a go-live in 4 weeks. "Industrial AI requires two key phases: first, building a strong data foundation by unifying operational and business data; and second, applying AI to drive improvements. Altizon's Production Intelligence Center delivers both—creating the data bedrock for AI to be truly effective. This accelerates ROI through higher throughput, better productivity, quality, and energy efficiency. The Production Intelligence Centre solution is now available for deployment across heavy industries globally, across all major cloud platforms. About Altizon Altizon, a global industrial AI company, powers digital revolutions by helping enterprises leverage machine data to drive business decisions. Altizon's DFX applies advanced analytics and machine learning algorithms to accelerate smart manufacturing initiatives, modernize asset performance management and pioneer new business models for service delivery. Altizon has been spearheading digital factory initiatives in Industry 4.0 across a range of industry verticals, including Automotive, F&B, Industrials and Remote Industrial Assets. Altizon is headquartered in New Jersey (USA) and Pune (India). For more information, visit: View original content:
Hospitality Net
09-06-2025
- Business
- Hospitality Net
Kristi Grotsch has been promoted Hotel Manager at Four Seasons Hotel Toronto
Kristi joined Four Seasons in 2022 as Director of Food and Beverage at Four Seasons Hotel Toronto, bringing more than 16 years of experience in luxury hospitality. Prior to Four Seasons, she held leadership roles in food and beverage and quality improvement at several luxury hotels, providing strategic oversight across various operational departments. Kristi has also served in a learning and development role in Dubai, overseeing 15 hotels across 10 countries in the Americas, Middle East, Europe and India, later returning to Toronto to focus on operational service excellence for the Americas. Known for her passion and drive, Kristi consistently elevates team performance and guest experience - values that align with Four Seasons commitment to excellence.
Finextra
08-05-2025
- Business
- Finextra
Sr. Technical Account Manager at Amazon Web Services Inc.
Data Science Manager Sr. PNC Bank Managing following activities in Retail Lending Strategy and Planning at PNC: • Drive business outcomes by leading Data Management and Operational Excellence with the PNC RLSP • Lead Data Architecture for Digital Modernization with Retail Lending whilst reducing the Operational Risk • Coordinate alignment between multiple up and down stream stakeholder groups across all businesses and remove ambiguity/roadblocks • Lead end-to-end delivery including architecting, design, development and implementation of process transformation for initiatives in RLSP • Drive business processes forward toward the end-state / destination • Facilitate a well-managed culture throughout Enterprise by assisting in processes, programs, project and controls • Identify value additions and initiatives required to get from the current state to the end state • Assess feasibility and level of effort for process changes required by new products and services and driving implementation • Organize initiatives
