Current:Home > MarketsHow three letters reinvented the railroad business -Dynamic Wealth Solutions
How three letters reinvented the railroad business
View
Date:2025-04-23 19:00:39
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! (65)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Two-time LPGA major champion So Yeon Ryu announces retirement at 33
- Chick-fil-A adds 6 pizza items to menu at test kitchen restaurant: Here's what to know
- Alabama high court authorizes execution date for man convicted in 2004 slaying
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- 12 NBA draft prospects to watch in men's NCAA Tournament
- At least 8 killed as chemical tanker capsizes off Japan's coast
- Riley Strain’s Stepfather Details Difficult Family Conversations Amid Search Efforts
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Hermes lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders
Ranking
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- A hot air balloon crashed into a power line and caused a fire, but everyone is OK
- Jonathan Glazer's controversial Oscars speech and why people are still talking about it
- US men's soccer team Concacaf Nations League semifinal vs. Jamaica: How to watch, rosters
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- NC State riding big man DJ Burns on its unlikely NCAA Tournament run this March Madness
- Mortgage rates unlikely to dip after Fed meeting leaves rates unchanged
- The Book Report: Washington Post critic Ron Charles (March 17)
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
'Survivor' Season 46 recap: One player is unanimously voted and another learns to jump
Pro-Trump attorney returns to Michigan to turn herself in on outstanding warrant
70 million Americans drink water from systems reporting PFAS to EPA | The Excerpt
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
You Only Have One Day To Shop These Insane Walmart Deals Before They're Gone
One of the last remaining Pearl Harbor attack survivors, Richard Dick Higgins, has died at 102
Dodgers fire Shohei Ohtani's interpreter after allegations of theft to pay off gambling debts