Current:Home > MyHow three letters reinvented the railroad business -FinanceMind
How three letters reinvented the railroad business
View
Date:2025-04-18 02:45:13
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! (5868)
Related
- North Carolina justices rule for restaurants in COVID
- The Daily Money: Relief for Kia, Hyundai theft victims
- Stephen Baldwin Shares Cryptic Message After Praying for Justin and Hailey Bieber
- Georgia is spending more than $1 billion subsidizing moviemaking. Lawmakers want some limits
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- The Masked Singer Introduces This British Musician as New Panelist in First Look at Season 11
- Eva Longoria, director, producer, champion for Latino community, is Woman of the Year honoree
- 'A true diva in the making': 8 year old goes viral after singing national anthem at NBA game
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Los Angeles Dodgers' Shohei Ohtani Reveals He Privately Got Married
Ranking
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Top 3 tight ends at NFL scouting combine bring defensive mentality to draft
- Police: Man who killed his toddler, shot himself was distraught over the slaying of his elder son
- 50 years ago, 'Blazing Saddles' broke wind — and box office expectations
- This was the average Social Security benefit in 2004, and here's what it is now
- Rihanna and A$AP’s Noir-Inspired Film Is Exactly What You Came For
- Jax Taylor and Brittany Cartwright Separate After 4 Years of Marriage: Look Back at Their Romance
- New Pac-12 commissioner discusses what's next for two-team league: 'Rebuilding mode'
Recommendation
Taylor Swift makes surprise visit to Kansas City children’s hospital
Sally Rooney has a new novel, 'Intermezzo,' coming out in the fall
Authorities capture car theft suspect who fled police outside Philadelphia hospital
Trump, special counsel back in federal court in classified documents case
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Karol G's Private Jet Makes Emergency Landing in Los Angeles
Here's how much money you need to make to afford a home
Private plane carrying Grammy winner Karol G makes emergency landing in Los Angeles