Current:Home > MyHow three letters reinvented the railroad business -WealthX
How three letters reinvented the railroad business
View
Date:2025-04-12 01:31:56
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! (6246)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Steve Lawrence, half of popular singing and comedy duo Steve & Eydie, dies at 88
- Stock market today: Asian shares rise after Wall Street sets another record
- San Francisco mayor touts possibilities after voters expand police powers, gets tough on drug users
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Steve Lawrence, half of popular singing and comedy duo Steve & Eydie, dies at 88
- Thousands of self-professed nerds gather in Kansas City for Planet Comicon’s 25th year
- The best Oscar acceptance speeches of all time, from Meryl Streep to Olivia Colman
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- US jobs report for February is likely to show that hiring remains solid but slower
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- February 2024 was the hottest on record, with global temperatures surpassing critical climate threshold
- New Jersey high school goes on legal offensive to overturn game it lost on blown call
- Kylie Kelce Proves She’ll Always Be Jason Kelce’s Biggest Cheerleader in Adorable Retirement Tribute
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- 2024 designated hitter rankings: Shohei Ohtani now rules the NL
- Minneapolis Uber and Lyft drivers due for $15 an hour under council’s plan but mayor vows a veto
- NFL trade candidates 2024: Ten big-name players it makes sense to move
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Maryland Senate OKs consumer protection bill for residential energy customers
New Jersey high school goes on legal offensive to overturn game it lost on blown call
Trading national defense info for cash? US Army Sgt. accused of selling secrets to China
Meta releases AI model to enhance Metaverse experience
Evercross EV5 hoverboards are a fire risk — stop using them, feds say
How old is William, Prince of Wales? Fast facts about the heir to the Royal throne.
Natalie Portman and Benjamin Millepied Privately Divorce After 11 Years of Marriage