Current:Home > MarketsHow three letters reinvented the railroad business -WealthRoots Academy
How three letters reinvented the railroad business
View
Date:2025-04-24 19:32:04
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! (4668)
Related
- What to watch: O Jolie night
- How To Decorate Your Dorm Room for Under $200
- 16-month-old dead, 2 boys injured after father abducts them, crashes vehicle in Maryland, police say
- Court orders 4 Milwaukee men to stand trial in killing of man outside hotel lobby
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Louisiana is investigating a gas pipeline explosion that killed a man
- Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates
- Arizona truck driver distracted by TikTok videos gets over 20 years for deadly crash
- 2 killed, 3 injured in shooting at makeshift club in Houston
- East Palestine residents want more time and information before deciding to accept $600M settlement
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Public defender’s offices are opening across Maine. The next step: staffing them.
- Second jailer to plead guilty in Alabama inmate’s hypothermia death
- An Alabama police officer shot and killed an armed man, officials say
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- RFK Jr. to defend bid to get on Pennsylvania ballot against Democrats’ challenge
- A 2-year-old accidentally shot and wounded his mother’s boyfriend, police say
- Old Navy Under $20 Finds – $13 Leggings, $13 Bodysuits, $5 Sweaters & More Unbelievable Deals
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
PHOTO COLLECTION: DNC Protests
As much as 10 inches of rain floods parts of Connecticut. At least 1 person is dead
Joe Jonas Shares Glimpse Into His Crappy 35th Birthday Celebration
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
University of Wisconsin president wants $855 million in new funding to stave off higher tuition
PHOTO COLLECTION: AP Top Photos of the Day Monday August 19, 2024
Old Navy Under $20 Finds – $13 Leggings, $13 Bodysuits, $5 Sweaters & More Unbelievable Deals