Current:Home > InvestHow three letters reinvented the railroad business -Pinnacle Profit Strategies
How three letters reinvented the railroad business
View
Date:2025-04-14 23:13:59
The railroad industry is under a microscope after a series of train accidents in East Palestine, Springfield, and Cleveland, Ohio.
Meanwhile, rail workers claim that these sorts of accidents have become more likely in recent years, because of a relatively new management philosophy called precision-scheduled railroading, or PSR.. On today's episode: why PSR is one of the biggest changes to the railroad business in over a century, how it's sparked record profits for the companies but also changed how railroad workers do their jobs.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (4774)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Identity theft takes a massive toll on victims lives, may even lead to suicidal ideation
- What's the connection between climate change and hurricanes?
- Los Angeles Rams downplay notion Matthew Stafford struggling to ‘connect’ with teammates
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Iraq court sentences 5 people to life in prison in killing of US citizen, officials say
- Man charged with hate crime for destroying LGBTQ Pride flags at Stonewall National Monument
- Texas judge rules as unconstitutional a law that erodes city regulations in favor of state control
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Last defendant in Georgia election case released from Fulton County Jail
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- At 61, Meg Ryan is the lead in a new rom-com. That shouldn’t be such a rare thing.
- Brother and sister killed in shooting captured on video in front of courthouse in Puerto Rico
- In ‘Equalizer 3,’ Denzel Washington’s assassin goes to Italy
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Lionel Messi, Inter Miami held to scoreless draw by Nashville SC
- Bear cub with head stuck in plastic container rescued by park manager, shared on Instagram
- Ralph Yarl, teen shot after going to wrong house, set to face suspect in court
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Couple arrested for animal cruelty, child endangerment after 30 dead dogs found in NJ home
Oklahoma deputy arrested in fatal shooting of his wife, police say
How many people died in Maui fires? Officials near end of search for wildfire victims
2 killed, 3 injured in shooting at makeshift club in Houston
Chicago police searching for man who tried to kidnap 8-year-old boy
Nebraska governor signs order narrowly defining sex as that assigned at birth
Man who fatally shot South Carolina college student entering wrong home was justified, police say