Current:Home > reviewsHow three letters reinvented the railroad business -Wealth Pursuit Network
How three letters reinvented the railroad business
View
Date:2025-04-13 17:37:20
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! (4)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Labor union asks federal regulators to oversee South Carolina workplace safety program
- Palestinians crowd into ever-shrinking areas in Gaza as Israel’s war against Hamas enters 3rd month
- Drought vs deluge: Florida’s unusual rainfall totals either too little or too much on each coast
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- University of Michigan launches new effort to fight antisemitism
- Adele delivers raunchy, inspiring speech at THR gala: 'The boss at home, the boss at work'
- Massachusetts Just Took a Big Step Away from Natural Gas. Which States Might Follow?
- 2025 'Doomsday Clock': This is how close we are to self
- Armenia and Azerbaijan announce deal to exchange POWs and work toward peace treaty
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Ex-Philadelphia labor leader convicted of embezzling from union to pay for home renovations, meals
- Four women got carbon monoxide poisoning — from a hookah. Now, they're warning others.
- Pregnant Ciara Decorates Her Baby Bump in Gold Glitter at The Color Purple Premiere
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Ex-Ohio vice detective pleads guilty to charge he kidnapped sex workers
- The UK says it has paid Rwanda $300 million for a blocked asylum deal. No flights have taken off
- Denny Laine, Moody Blues and Wings co-founder, dies at age 79
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
John Lennon was killed 43 years ago today: Who killed him and why did they do it?
'He never made it': Search continues for Iowa truck driver who went missing hauling pigs
Judge says ex-Alaska Airlines pilot who tried to cut plane’s engines can be released before trial
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Target is offering holiday meals again for under $25 for Christmas: What does it include?
The absurd way the 2-10 New England Patriots can still make the NFL playoffs
No reelection campaign for Democratic representative after North Carolina GOP redrew U.S. House map