Current:Home > MyHow three letters reinvented the railroad business -TruePath Finance
How three letters reinvented the railroad business
View
Date:2025-04-13 10:48:45
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! (61)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- John Stamos Jokes Son Billy's Latest Traumatic Milestone Sent Him to Therapy
- Giants on 'Hard Knocks': Free agency frenzy and drama-free farewell to Saquon Barkley
- Brad Pitt seeks dismissal of Angelina Jolie's request for messages about plane incident
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- How Freedom Summer 60 years ago changed the nation forever
- Billy Ray Cyrus Granted Emergency Motion to Stop Ex Firerose From Using Credit Cards
- Rural Nevada judge who once ran for state treasurer indicted on federal fraud charges
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Billy Ray Cyrus Granted Emergency Motion to Stop Ex Firerose From Using Credit Cards
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- The Top 40 Amazon Prime Day 2024 Pet Deals: Save Big on Earth Rated, Purina, Blue Buffalo & More
- 3 Montana inmates die in Cascade County Detention Center in 2 weeks
- Two people intentionally set on fire while sleeping outside, Oklahoma City police say
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Prime Day 2024 Fashion Deals: Get the Best Savings on Trendy Styles Up to 70% Off on Reebok, Hanes & More
- Forest fire at New Jersey military base 80% contained after overnight rain
- DNA breakthrough solves 1963 cold case murder at Wisconsin gas station
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Not Sure How To Clean a Dishwasher or Washing Machine? These Pods Are on Sale for $13 & Last a Whole Year
2024 RNC Day 2 fact check of the Republican National Convention
After heavy June rains, a buildup of manganese is discoloring a Louisiana city’s water supply
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Fisherman breaks NY state record for species considered living dinosaur
Aging bridges in 16 states to be replaced or improved with $5 billion in federal funds
Longer lives, lower pay: Why saving for retirement is harder for women