Current:Home > MyHow three letters reinvented the railroad business -Profound Wealth Insights
How three letters reinvented the railroad business
View
Date:2025-04-16 21:39:21
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
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Rihanna Steps Down as CEO of Savage X Fenty, Takes on New Role
- Shop J.Crew’s Extra 50% Off Sale and Get a $100 Skirt for $16, a $230 Pair of Heels for $28, and More
- Adidas reports a $540M loss as it struggles with unsold Yeezy products
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- In Three Predominantly Black North Birmingham Neighborhoods, Residents Live Inside an Environmental ‘Nightmare’
- Miranda Lambert paused a concert to call out fans taking selfies. An influencer says she was one of them.
- Requiem for a Pipeline: Keystone XL Transformed the Environmental Movement and Shifted the Debate over Energy and Climate
- Why members of two of EPA's influential science advisory committees were let go
- Adele Pauses Concert to Survey Audience on Titanic Sub After Tragedy at Sea
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- California toddler kills 1-year-old sister with handgun found in home, police say
- Amber Heard Makes Red Carpet Return One Year After Johnny Depp Trial
- Getting a measly interest rate on your savings? Here's how to score a better deal
- Meta releases AI model to enhance Metaverse experience
- Deaths of 4 women found in Oregon linked and person of interest identified, prosecutors say
- While The Fate Of The CFPB Is In Limbo, The Agency Is Cracking Down On Junk Fees
- Consent farms enabled billions of illegal robocalls, feds say
Recommendation
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
The West Sizzled in a November Heat Wave and Snow Drought
Indigenous Land Rights Are Critical to Realizing Goals of the Paris Climate Accord, a New Study Finds
Baltimore Aspires to ‘Zero Waste’ But Recycles Only a Tiny Fraction of its Residential Plastic
Meta releases AI model to enhance Metaverse experience
Bebe Rexha Is Gonna Show You How to Clap Back at Body-Shamers
Here Are 15 LGBTQ+ Books to Read During Pride
Inside Clean Energy: What Lauren Boebert Gets Wrong About Pueblo and Paris