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Articles by Lance Fritz
Midlands Voices: I urge you to vote for bonds that will 'build Omaha's future'
From downtown to west Omaha, Florence to South Omaha and neighborhoods in between: Omaha is experiencing tremendous growth. With that growth comes the need to maintain our infrastructure, strengthen our public safety and improve our public facilities to build the city we want for the next generation. In this year’s election, voters in Omaha can help build our future by voting in favor of six bond issues on the ballot.
Fiserv Appoints Lance Fritz to Board of Directors
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced the appointment of Lance Fritz to its board of directors. Fritz served as chairman, president and chief executive officer of Union Pacific Corporation from 2015 until his retirement in 2023. Fritz began his Union Pacific career in 2000 as a vice president of marketing and sales and held executive roles in operations and labor relations during his tenure.
The Meaning Behind The Song: Ready or Not by Cascada
The Meaning Behind The Song: Ready or Not by Cascada Cascada, the German Eurodance group, released the popular song “Ready or Not” in 2005. The song was a global hit and reached the top 10 charts in several countries. “Ready or Not” is an upbeat dance song that speaks to the excitement and anticipation of new love. The lyrics are about seizing the moment and taking a chance on love without hesitation. Table of Contents Toggle The lyrics of “Ready or Not” are carefree and fun.
The Meaning Behind The Song: Paying the Cost to Be the Boss by B.B. King
The Meaning Behind The Song: Paying the Cost to Be the Boss by B.B. King B.B. King’s song ‘Paying the Cost to Be the Boss’ is a classic blues track that was released in 1968. The song is about the struggles of being in a position of power or authority, whether it’s in your personal or professional life. The title itself is a saying that means that you have to work hard and make sacrifices in order to be in charge.
It’s Been an Honor of a Lifetime
I’ve spent the last couple days packing up my office, and spending time talking with friends, business leaders, and community leaders about “what’s next” for me. The first thing is I plan to run through the tape, and hand over a business to Jim that is in good shape and ready for new leadership. After that I will spend more time with Julie and my family, enjoying moments that had to be put second to what the railroad needed.
The Meaning Behind The Song: Unbeschreiblich weiblich by Nina Hagen
The Meaning Behind The Song: Unbeschreiblich weiblich by Nina Hagen Unbeschreiblich weiblich, which means indescribably feminine, is a song by Nina Hagen, a German singer, songwriter, and actress. Hagen is known for her controversial image, powerful voice, and unique style. Unbeschreiblich weiblich was released in 1979 as part of her self-titled debut album, which featured a mix of punk, new wave, and rock music.
Opportunities and challenges
Nothing's presence stood in stark contrast to OnePlus at this year's MWC. Whereas Carl Pei's old company, OnePlus, put on a flashy launch event for a concept device yesterday, Nothing has largely used the event to meet with vendors and other big names in the industry. We sat down with Pei yesterday, fittingly in a meeting room inside the Qualcomm booth.
North American competitiveness: A team effort
As businesses and policymakers grappled with disruptions from the COVID-19 pandemic, Russia’s invasion of Ukraine, and rising geopolitical tensions, the importance of strengthening and diversifying North American supply chains cannot be overstated. President Biden initiated a comprehensive review of critical supply chains early in his administration to assess capabilities, vulnerabilities, and resilience.
USMCA Forward 2023: Building more integrated, resilient, and secure supply chains in North America
INTRO Letter from the editors In their overview of this year’s report, Joshua P. Meltzer and Brahima S. Coulibaly note that several recent pieces of U.S. legislation are potential gamechangers when it comes to expanding manufacturing and supply chains in North America.
The coming of age of sustainability disclosure: How do rules differ between the US and the EU? Original
Environmental, social, and governance (ESG) investments—financial assets that fulfill certain minimum social and environmental criteria—are expected to reach $50 trillion in assets by 2025. While this implies a significant reallocation of capital toward sustainable activities, the extent to which ESG investments advance climate transition is unclear because of lack of standardization in their classification.
Canada's vision for a resilient North American trade relationship
By Mary Ng When the COVID-19 pandemic swept across the world two years ago, it catapulted us into one of the most difficult periods in modern memory, irrevocably changing lives and livelihoods around the globe. While we are not out of the woods yet, and face renewed difficulties with emerging variants, we have begun to look forward to how we might rebuild the prosperity of our nations and create even more durable economies moving forward.
Bold labor provisions a bright light under new North American trade pact
By Jerry Dias In the midst of a horrific pandemic, the USMCA's coming into force flew almost entirely under the radar. It is indicative, perhaps, of a change in the mindset of North America's political economy. Our world looks different today than it did during the blustery presidency of Donald Trump. Today, the entire precept of globalization is facing heavy criticism, and for good reason: Footloose capital built more profitable, but highly vulnerable, global supply chains.
North American business leaders’ perspectives on USMCA opportunities and challenges
Editor's Note: Below is a viewpoint from the USMCA Forward 2022 report, which examines key priorities to build a more competitive, inclusive, and sustainable North American economy. We are less than two years into a modernized North American trade agreement and already the United States-Mexico-Canada-Agreement (USMCA) boasts some early successes in facilitating North American economic competitiveness and resolving disputes.
USMCA Forward: Building a more competitive, inclusive, and sustainable North American economy – Competition
A truly competitive North America Luis F. de la Calle Managing Director and Founding Partner – De La Calle, Madrazo, Mancera, S.C. In this chapter, the role of federal and state governments, academia, research centers, and the private sector in furthering competitiveness in North America is analyzed by means of outlining the challenges and opportunities of the health sector.
USMCA Forward: Building a more competitive, inclusive, and sustainable North American economy
At the moment, the USMCA has support from all three of its members’ governments: The U.S., Mexico, and Canada. However, the overwhelming political support should not be taken for granted or considered as an immediate measure of success. Rather, policymakers and thought leaders would be wise to approach the trade agreement as something nascent, requiring consistent time and attention.
We Must Help Communities Gain Strength From Diversity
March 24, 2021 Class I, Freight, News, Safety Written by Lance Fritz, Chairman, President and CEO, Union Pacific Union Pacific Chairman, President and CEO Lance Fritz On the Union Pacific website, Chairman, President and CEO Lance Fritz shared his thoughts on embracing diversity—an important story that Railway Age believes should be shared with a broader audience.
CEO PERSPECTIVE: Smart Capital Investment Strategies
March 09, 2021 Class I, Freight, Freight Cars, Intermodal, Locomotives, M/W, Mechanical, News Written by Lance Fritz, Chairman, President and CEO, Union Pacific Lance Fritz, Chairman, President and CEO, Union Pacific As part of a special series in Railway Age’s March 2021 issue, 11 North American railroad CEOs address the daunting challenges the freight rail industry faces as the 21st century enters its third decade—from operations and technology to marketing and growth.
Midlands Voices: Omaha area is a great fit for Space Command's needs
Midlands Voices: Omaha area is a great fit for Space Command's needs An artist’s rendering of a DMSP-series military satellite. AIR FORCE SPACE COMMAND James Blackledge and Lance Fritz With our headquarters here, Union Pacific and Mutual of Omaha employees are proud to call Omaha our home, and we invite U.S. Space Command (USSPACECOM) to do the same.
Midlands Voices: Embracing diversity is vital for Nebraska's future
The writer is chairman, president and CEO of Union Pacific. Recent events have brought racial injustice and inequality to the forefront. The mistreatment occurring within our country deeply saddens and sickens me as an American, a father and a business leader. While protesters are sharing their stories, families are having serious conversations around the dinner table, and businesses are re-evaluating policies and practices to see how we might influence outcomes.
We Don't Coast: 2019 magazine showcases Greater Omaha, immersed in building momentum
The challenge in producing the Greater Omaha Chamber's award-winning annual print and digital publication “Omaha: We Don’t Coast” isn’t finding extraordinary people, places and deeds to profile. The challenge is narrowing the list. As you flip through our 2019 collection, we hope you’ll gain a better sense of who we are and how we operate, and by immersing in our stories, you’ll come to see how living in Greater Omaha can elevate your life, career and business, as well.
Lance Fritz: New North American trade accord deserves passage
The writer is chairman, president and chief executive officer of Union Pacific. As a freight transportation industry leader, we understand better than most how important the U.S.-Mexico-Canada Agreement (USMCA) is to our country’s economy. The significant progress made in just the last few weeks on the USMCA puts a deal within striking distance.
Instead of Tariffs on Mexico, U.S. Policymakers Should Prioritize USMCA Ratification
by Lance M. Fritz Chairman, President and Chief Executive Officer Union Pacific Trade with Mexico and Canada supports 11 million jobs across the United States including well-paying jobs for American railroaders, who earn an average of $125,400 per year in total compensation. Approximately 50,000 of these rail jobs, worth more than $5.5 billion in annual wages and benefits, depend directly on international trade.
WIRE COLUMN: Leaving NAFTA would undo progress
As the chief executive officer of the United States' largest publicly traded railroad, I have a comprehensive view of the nation’s economy. Freight railroads are the bloodstream of U.S. business, supporting the livelihoods of employees in nearly every sector of the economy.
Lance Fritz: Why we need NAFTA
As the chief executive officer of the United States’ largest publicly traded railroad, I have a comprehensive view of the nation’s economy. Freight railroads are the bloodstream of U.S. business, supporting the livelihoods of employees in nearly every sector of the economy. Increases in demand for autos, grain, plastic, beer and thousands of other products often register in Union Pacific car-loadings long before they are reflected in broader economic statistics.
A threat that could upend the economy
As the chief executive officer of the United States’ largest publicly traded railroad, I have a comprehensive view of the nation’s economy. Freight railroads are the bloodstream of U.S. business, supporting the livelihoods of employees in nearly every sector of the economy. Increases in demand for autos, grain, plastic, beer and thousands of other products often register in Union Pacific car-loadings long before they are reflected in broader economic statistics.
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