Current:Home > InvestHow three letters reinvented the railroad business -Finovate
How three letters reinvented the railroad business
View
Date:2025-04-16 05:33:19
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! (6673)
Related
- The Daily Money: Spending more on holiday travel?
- 35 children among those killed in latest Sudan civil war carnage, U.N. says
- BBC Presenter Dr. Michael Mosley Found Dead at 67 on Greek Island
- FBI releases O.J. Simpson investigation documents to the public
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Stanley Cup Final Game 1 Panthers vs. Oilers: How to watch, betting odds
- Trust your eyes, Carlos Alcaraz shows he really is a 'mega talent' in French Open victory
- Search underway for Michael Mosley, TV presenter and doctor who is missing after going for walk in Greece
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Glen Powell on navigating love and the next phase: I welcome it with open arms
Ranking
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- If your pet eats too many cicadas, when should you see the vet?
- Rodeo bull hops fence at Oregon arena, injures 3 before being captured
- Body of missing British TV presenter Michael Mosley found on Greek island
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Youth sports' highs and lows on full display in hockey: 'Race to the bottom'
- Martha’s Vineyard is about to run out of pot. That’s led to a lawsuit and a scramble by regulators
- Inflation data this week could help determine Fed’s timetable for rate cuts
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Body of missing British TV presenter Michael Mosley found on Greek island
Inside Huxley & Hiro, a bookstore with animal greeters and Curious Histories section
India defends 119 in low-scoring thriller to beat Pakistan by 6 runs at T20 World Cup, Bumrah 3-14
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Peak Performance
Costco is switching up how it sells books. What it means for shoppers.
Max Verstappen wins 3rd straight Canadian Grand Prix for 60th Formula 1 victory