Current:Home > ScamsHow three letters reinvented the railroad business -Global Capital Summit
How three letters reinvented the railroad business
View
Date:2025-04-15 17:46:45
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! (466)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- 'Normalize the discussion around periods': Jessica Biel announces upcoming children's book
- Amy Schumer Is Kinda Pregnant While Filming New Movie With Fake Baby Bump
- Handmaid's Tale Star Madeline Brewer Joins Penn Badgley in You Season 5
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Officers need warrants to use aircraft, zoom lenses to surveil areas around homes, Alaska court says
- Alabama woman set for a plea hearing months after police say she faked her own kidnapping
- NHL trade grades: Champion Golden Knights ace deadline. Who else impressed? Who didn't?
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Baltimore Ravens DT Justin Madubuike agrees to four-year, $98M contract extension
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Michigan residents urged not to pick up debris from explosive vaping supplies fire that killed 1
- How James Crumbley's DoorDash runs came back to haunt him in Michigan shooting trial
- Appeal canceled, plea hearing set for Carlee Russell, woman who faked her own abduction
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Students lobby to dethrone Connecticut’s state insect, the voraciously predatory praying mantis
- Roswell police have new patches that are out of this world, with flying saucers and alien faces
- Authorities investigate oily sheen off Southern California coast
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
A surge of illegal homemade machine guns has helped fuel gun violence in the US
As the Presidential Election Looms, John Kerry Reckons With the Country’s Climate Past and Future
Bracketology: Alabama tumbling down as other SEC schools rise in NCAA men's tournament field
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
How Barry Keoghan Paid Tribute to Sabrina Carpenter at Pre-Oscars 2024 Parties
Need help with a big medical bill? How a former surgeon general is fighting a $5,000 tab.
Russell Wilson visits with Steelers, meets with Giants ahead of NFL free agency, per reports