Current:Home > MarketsHow three letters reinvented the railroad business -Wealthify
How three letters reinvented the railroad business
View
Date:2025-04-19 00:09:54
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! (24151)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
- Prosecutors to make history with opening statements in hush money case against Trump
- Arch Manning ends first two Texas football spring game drives with touchdowns
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Earth Day: How one grocery shopper takes steps to avoid ‘pointless plastic’
- Powerball winning numbers for April 20 drawing: Lottery jackpot rises to $98 million
- What time does the NFL draft start? Date, start time, order and more to know for 2024
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Harden and Zubac lead Leonard-less Clippers to 109-97 win over Doncic and Mavs in playoff opener
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Dodgers' Shohei Ohtani sets MLB home run record for Japanese-born players
- Michigan woman wins $2M lottery jackpot after buying ticket on the way to pick up pizza
- Appeals court keeps alive challenge to Pittsburgh’s efforts to remove Columbus statue
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Coachella 2024 fashion: See the outfits of California's iconic music festival
- 10-year-old Texas boy tells investigators he killed man 2 years ago. He can't be charged with the crime.
- CIA Director William Burns says that without aid, Ukraine could lose on the battlefield by the end of 2024
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
No Black WNBA players have a signature shoe. Here's why that's a gigantic problem.
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Paper Hat
Qschaincoin: What Is a Crypto Exchange?
See you latte: Starbucks plans to cut 30% of its menu
10-year-old Texas boy tells investigators he killed man 2 years ago. He can't be charged with the crime.
2 brothers condemned to die for the ‘Wichita massacre’ want a new sentencing hearing
Texas boy was 7 when he fatally shot a man he didn't know, child tells law enforcement