Current:Home > MarketsHow three letters reinvented the railroad business -Visionary Wealth Guides
How three letters reinvented the railroad business
View
Date:2025-04-16 22:53:16
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! (7)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Crumbling contender? Bills make drastic move with Ken Dorsey, but issues may prove insurmountable
- GOP Sen. Markwayne Mullin challenges Teamsters president Sean O'Brien to fight at Senate hearing
- Kourtney Kardashian Subtly Hints She Welcomed Baby Boy With Travis Barker
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- College Football Playoff ranking winners and losers: Texas, Georgia get good news
- US Catholic bishops meet; leaders call for unity and peace amid internal strife and global conflict
- House passes short-term funding plan to avert government shutdown
- Former longtime South Carolina congressman John Spratt dies at 82
- Donna Kelce Reveals How Son Travis Kelce Blocks Out the Noise
Ranking
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Florida's 2024 Strawberry Festival reveals star-studded lineup: Here's who's performing
- Thousands march for major Mexican LGBTQ+ figure Jesús Ociel Baena, slain after getting death threats
- Shop the Best Bags from Loungefly’s Holiday Collection That Feature Your Favorite Character
- All That You Wanted to Know About She’s All That
- The Taylor Swift economy must be protected at all costs
- Jennifer Aniston Shares Text From Late Friend Matthew Perry in Moving Tribute
- Jury finds Wisconsin woman guilty of poisoning friend with eye drops
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Some of the 40 workers trapped in India tunnel collapse are sick as debris and glitches delay rescue
Finance may be junked from EU climate law, leaked memo shows. Critics say it could be unenforceable
Discrimination charge filed against Michigan salon after owner’s comments on gender identity
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Texans LB Denzel Perryman suspended three games after hit on Bengals WR Ja'Marr Chase
Suspicious letter prompts Kansas to evacuate secretary of state’s building
What is December's birthstone? There's more than one. Get to know the colors and symbolism