Current:Home > ScamsHow three letters reinvented the railroad business -FinanceMind
How three letters reinvented the railroad business
View
Date:2025-04-16 18:38:13
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! (778)
Related
- Trump's 'stop
- Missouri clinic halts transgender care for minors in wake of new state law
- The myth of the money spider and the power of belief credited for UK woman's lottery win
- Georgia Gov. Kemp declares state of emergency over inflation
- South Korean president's party divided over defiant martial law speech
- Look Back on Kelsea Ballerini and Chase Stokes' Cutest Pics
- E. Jean Carroll's original lawsuit against Trump should be paused, his attorney says
- Second body recovered two weeks after boat sank in Lake Michigan
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- McCarthy directs House panel to open Biden impeachment inquiry
Ranking
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Book excerpt: Build the Life You Want by Arthur C. Brooks and Oprah Winfrey
- Watch Messi play tonight with Argentina vs. Bolivia: Time, how to stream online
- Meghan Markle’s Update About Archie and Lili Is Sweet as Sugar
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- The complete VMAs winners list, including Taylor Swift and Stray Kids
- CDC panel recommends updated COVID vaccines. Shots could be ready this week
- Ukrainian pilots could be flying F-16s in three months, Air National Guard head says
Recommendation
Why members of two of EPA's influential science advisory committees were let go
How umami overcame discrimination and took its place as the 5th taste
Columbus Blue Jackets coach Mike Babcock, Boone Jenner dispute privacy violation accusation
Jets turn to Zach Wilson at quarterback in wake of Aaron Rodgers' injury
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
‘Rustin’ puts a spotlight on a undersung civil rights hero
Matthew McConaughey says he's 'working on the riddle of life' in new book 'Just Because'
When does 'Saw X' come out? Release date, cast, trailer, what to know