Current:Home > StocksHow three letters reinvented the railroad business -TradeCircle
How three letters reinvented the railroad business
View
Date:2025-04-14 15:28:40
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! (87119)
Related
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Inside Hilary Swank's New Life With Her Million Dollar Babies
- Prince William Attends 2024 BAFTA Film Awards Solo Amid Kate Middleton's Recovery
- People's Choice Awards 2024 Winners: See the Complete List
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Celebrate Presidents Day by learning fun, interesting facts about US presidents
- Prince William attends the BAFTAs solo as Princess Kate continues recovery from surgery
- Court video of Navalny in Russian prison day before reported death seems to show Putin critic in good health
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Jaromir Jagr’s return to Pittsburgh ends with his No. 68 being retired — and catharsis
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- NBA All-Star Game again sees tons of points, lack of defense despite call for better competition
- Cómo migrantes ofrecen apoyo a la población que envejece en Arizona
- Is Rooney Mara expecting her second child with Joaquin Phoenix?
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Mega Millions winning numbers for Friday night's $457 million jackpot
- Damian Lillard named MVP of NBA All-Star Game over Tyrese Haliburton
- 75th George Polk Awards honor coverage of Middle East and Ukraine wars, Supreme Court and Elon Musk
Recommendation
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Harry Styles Debuts Winning Haircut During Rare Public Appearance at Soccer Game
Sloane Stephens on her 'Bold' future: I want to do more than just say 'I play tennis.'
What to know about the debut of Trump's $399 golden, high-top sneakers
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Jennifer Aniston Deserves a Trophy for Sticking to Her Signature Style at the 2024 People's Choice Awards
$1 million reward offered by Australian police to solve 45-year-old cold case of murdered mom
Hundreds of officers tried to protect the Super Bowl parade. Here's why it wasn't enough.