Current:Home > reviewsHow three letters reinvented the railroad business -WealthSphere Pro
How three letters reinvented the railroad business
View
Date:2025-04-11 20:29:22
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! (69521)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Abortion pills should be easier to get. That doesn't mean that they will be
- Video: As Covid-19 Hinders City Efforts to Protect Residents From the Heat, Community Groups Step In
- A Call for Massive Reinvestment Aims to Reverse Coal Country’s Rapid Decline
- Intel's stock did something it hasn't done since 2022
- Inside Clean Energy: Tesla Gets Ever So Close to 400 Miles of Range
- Untangling Exactly What Happened to Pregnant Olympian Tori Bowie
- Police Officer Catches Suspected Kidnapper After Chance Encounter at Traffic Stop
- 'We're reborn!' Gazans express joy at returning home to north
- This Frizz-Reducing, Humidity-Proofing Spray Is a Game-Changer for Hair and It Has 39,600+ 5-Star Reviews
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- Abortion pills should be easier to get. That doesn't mean that they will be
- American Ramble: A writer's walk from D.C. to New York, and through history
- Paying for Extreme Weather: Wildfire, Hurricanes, Floods and Droughts Quadrupled in Cost Since 1980
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- In Florida, Environmental Oversight Improves Under DeSantis, But Enforcement Issues Remain
- Inside Clean Energy: Tesla Gets Ever So Close to 400 Miles of Range
- Orlando Aims High With Emissions Cuts, Despite Uncertain Path
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Americans are piling up credit card debt — and it could prove very costly
Chinese manufacturing weakens amid COVID-19 outbreak
Exxon Touts Carbon Capture as a Climate Fix, but Uses It to Maximize Profit and Keep Oil Flowing
Why members of two of EPA's influential science advisory committees were let go
Farmworkers brace for more time in the shadows after latest effort fails in Congress
Ryan Reynolds, Bruce Willis, Dwayne Johnson and Other Proud Girl Dads
New York opens its first legal recreational marijuana dispensary