Current:Home > StocksHow three letters reinvented the railroad business -Wealth Momentum Network
How three letters reinvented the railroad business
View
Date:2025-04-14 13:38:13
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! (9)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Russia's nixing of Ukraine grain deal deepens worries about global food supply
- How Should We Think About the End of the World as We Know it?
- Las Vegas Is Counting on Public Lands to Power its Growth. Is it a Good Idea?
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Zayn Malik's Call Her Daddy Bombshells: Gigi Hadid Relationship, Yolanda Hadid Dispute & More
- New York City Begins Its Climate Change Reckoning on the Lower East Side, the Hard Way
- Delivery drivers are forced to confront the heatwave head on
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- One Man’s Determined Fight for Solar Power in Rural Ohio
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Residents Fear New Methane Contamination as Pennsylvania Lifts Its Gas-Drilling Ban in the Township of Dimock
- Across New York, a Fleet of Sensor-Equipped Vehicles Tracks an Array of Key Pollutants
- Pennsylvania Advocates Issue Intent to Sue Shell’s New Petrochemical Plant Outside Pittsburgh for Emissions Violations
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- How to Watch the 2023 Emmy Nominations
- Expedition Retraces a Legendary Explorer’s Travels Through the Once-Pristine Everglades
- 10 years ago Detroit filed for bankruptcy. It makes a comeback but there are hurdles
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
New York City Begins Its Climate Change Reckoning on the Lower East Side, the Hard Way
Las Vegas could break heat record as millions across the U.S. endure scorching temps
Army Corps of Engineers Withdraws Approval of Plans to Dredge a Superfund Site on the Texas Gulf Coast for Oil Tanker Traffic
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Denied abortion for a doomed pregnancy, she tells Texas court: 'There was no mercy'
Turning unused office space into housing could solve 2 problems, but it's tricky
Decarbonization Program Would Eliminate Most Emissions in Southwest Pennsylvania by 2050, a New Study Finds