Current:Home > MyHow three letters reinvented the railroad business -Zenith Investment School
How three letters reinvented the railroad business
Ethermac View
Date:2025-04-07 08:23:25
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! (678)
Related
- B.A. Parker is learning the banjo
- Chris Martin Serenading Dakota Johnson During His Coldplay Concert Will Change Your Universe
- The debt ceiling, extraordinary measures, and the X Date. Why it all matters.
- Transcript: Mesa, Arizona Mayor John Giles on Face the Nation, July 16, 2023
- Travis Hunter, the 2
- To Flee, or to Stay Until the End and Be Swallowed by the Sea
- How Biden's latest student loan forgiveness differs from debt relief blocked by Supreme Court
- Driven by Industry, More States Are Passing Tough Laws Aimed at Pipeline Protesters
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Dozens of U.K. companies will keep the 4-day workweek after a pilot program ends
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- For the Second Time in Four Years, the Ninth Circuit Has Ordered the EPA to Set New Lead Paint and Dust Standards
- Mark Zuckerberg Accepts Elon Musk’s Challenge to a Cage Fight
- The maker of Enfamil recalls 145,000 cans of infant formula over bacteria risks
- South Korean president's party divided over defiant martial law speech
- Is the Controlled Shrinking of Economies a Better Bet to Slow Climate Change Than Unproven Technologies?
- DNA from pizza crust linked Gilgo Beach murders suspect to victim, court documents say
- Extreme Heat Risks May Be Widely Underestimated and Sometimes Left Out of Major Climate Reports
Recommendation
All That You Wanted to Know About She’s All That
Soft Corals Are Dying Around Jeju Island, a Biosphere Reserve That’s Home to a South Korean Navy Base
ESPYS 2023: See the Complete List of Nominees
For Farmworkers, Heat Too Often Means Needless Death
B.A. Parker is learning the banjo
The U.S. could run out of cash to pay its bills between July and September
Iowa's 6-week abortion ban signed into law, but faces legal challenges
Suspect charged in Gilgo Beach serial killings cold case that rocked Long Island