Current:Home > StocksHow three letters reinvented the railroad business -Summit Capital Strategies
How three letters reinvented the railroad business
View
Date:2025-04-11 12:39:59
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! (38393)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Trump sneakers, with photo from assassination attempt, on sale for $299 on Trump site
- Patrick Mahomes explains why he finally brought TV to Chiefs camp: CFB 25, Olympics
- Army private who fled to North Korea is in talks to resolve military charges, lawyer says
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Amazon Prime Day Deals on Cute Athleisure & Activewear That Won't Break a Sweat, up to 58% Off
- Katey Sagal and Son Jackson White Mourn Death of His Dad Jack White
- Claim to Fame: See Every Celebrity Relative Revealed on Season 3
- The company planning a successor to Concorde makes its first supersonic test
- Former Mozambique finance minister on trial in US over ‘tuna bond’ scandal that spurred debt crisis
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Thousands of Nebraskans with felony convictions could be denied voting rights under AG’s opinion
- Exiled Chinese tycoon Guo Wengui convicted in billion-dollar fraud scheme
- Blade collapse, New York launch and New Jersey research show uneven progress of offshore wind
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Georgia Appeals Court to hear arguments in December in Trump effort to disqualify Fani Willis
- Her hearing implant was preapproved. Nonetheless, she got $139,000 bills for months.
- Jon Gosselin and Daughter Hannah Detail 75 Lb. Weight Loss Transformation
Recommendation
B.A. Parker is learning the banjo
EPA watchdog investigating delays in how the agency used sensor plane after fiery Ohio derailment
'Protect her at all costs': A'ja Wilson, Aces support Kate Martin after on-court injury
Biden considering proposals to reform Supreme Court
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Mauricio Umansky Spotted Kissing New Woman Amid Kyle Richards Separation
The body of a man who rescued his son is found in a West Virginia lake
Supreme brand to be sold to Ray-Ban maker EssilorLuxottica