Current:Home > reviewsHow three letters reinvented the railroad business -Clarity Finance Guides
How three letters reinvented the railroad business
View
Date:2025-04-15 03:27:54
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! (25793)
Related
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Texas woman Tierra Allen, social media's Sassy Trucker, trapped in Dubai after arrest for shouting
- Video shows bear stuck inside car in Lake Tahoe
- Some will starve, many may die, U.N. warns after Russia pulls out of grain deal
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Amid Glimmers of Bipartisan Interest, Advocates Press Congress to Add Nuclear Power to the Climate Equation
- Selena Gomez Confirms Her Relationship Status With One Single TikTok
- Tony Bennett remembered by stars, fans and the organizations he helped
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Pittsburgh Selects Sustainable Startups Among a New Crop of Innovative Businesses
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- UN Water Conference Highlights a Stubborn Shortage of Global Action
- Patrick Mahomes Is Throwing a Hail Mary to Fellow Parents of Toddlers
- Western Firms Certified as Socially Responsible Trade in Myanmar Teak Linked to the Military Regime
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Will Smith, Glenn Close and other celebs support for Jamie Foxx after he speaks out on medical condition
- Jamie Foxx addresses hospitalization for the first time: I went to hell and back
- Pittsburgh Selects Sustainable Startups Among a New Crop of Innovative Businesses
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
20 Top-Rated Deals Under $25 From Amazon Prime Day 2023
38 Amazon Prime Day Deals You Can Still Shop Today: Blenders, Luggage, Skincare, Swimsuits, and More
Indoor Pollutant Concentrations Are Significantly Lower in Homes Without a Gas Stove, Nonprofit Finds
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Imagining a World Without Fossil Fuels
U.S. cruises to 3-0 win over Vietnam in its Women's World Cup opener
Texas woman Tierra Allen, social media's Sassy Trucker, trapped in Dubai after arrest for shouting