Current:Home > StocksHow three letters reinvented the railroad business -TrueNorth Finance Path
How three letters reinvented the railroad business
View
Date:2025-04-16 15:54:33
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! (3797)
Related
- Nevada attorney general revives 2020 fake electors case
- Wisconsin woman convicted of intentional homicide says victim liked to drink vodka and Visine
- 25 years after Columbine, school lockdown drills are common. Students say they cause anxiety and fear — and want to see change.
- Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Biden is marking Earth Day by announcing $7 billion in federal solar power grants
- Meg Bennett, actress who played Victor Newman's first wife on 'Young and the Restless,' dies at 75
- ‘Great bravery and resolve.’ Reaction to the death of Terry Anderson, AP reporter held hostage
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Israel strikes Iran with a missile, U.S. officials say, as Tehran downplays Netanyahu's apparent retaliation
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Carnie Wilson says Beach Boys father Brian Wilson warned her about music industry 'sharks'
- QSCHAINCOIN Review: Ideal for Altcoin Traders
- After a 7-year-old Alabama girl lost her mother, she started a lemonade stand to raise money for her headstone
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- India's 2024 election kicks off, with major implications for the world's biggest democracy
- Kevin Costner 'loved' John Mulaney's 'Field of Dreams' Oscars bit: 'He was a genius'
- On the heels of historic Volkswagen union vote, Starbucks asks Supreme Court to curb labor's power
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Valerie Bertinelli and her new boyfriend go Instagram official with Taylor Swift caption
Damian Lillard sets Bucks’ postseason mark with 35 points in opening half vs Pacers
QSCHAINCOIN FAQ
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
How wildlife crossings protect both animals and people
Qschaincoin: What Is a Crypto Wallet?
Celebrity handbag designer sentenced to 18 months in prison for smuggling crocodile handbags