Current:Home > MarketsHow three letters reinvented the railroad business -GrowthInsight
How three letters reinvented the railroad business
View
Date:2025-04-13 14:17:59
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! (29826)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Handicapping the 2024 Kentucky Derby: How to turn $100 bet into a profitable venture
- Colorado dentist accused of killing wife with poison tried to plant letters to make it look like she was suicidal, police say
- ‘Reprehensible and dangerous’: Jewish groups slam Northwestern University for deal with activists
- In ‘Nickel Boys,’ striving for a new way to see
- When is Kentucky Derby? Time, complete field, how to watch the most exciting two minutes in sports
- What to know about the 2024 Kentucky Derby
- Drake, Kendrick Lamar diss tracks escalate with 'Meet the Grahams' and 'Family Matters'
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- This week on Sunday Morning (May 5)
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Trump Media's accountant is charged with massive fraud by the SEC
- New 'The Acolyte' trailer for May the 4th, plus 'Star Wars' movies, TV shows in the works
- 'SNL' tackles Columbia University protests and spoofs JoJo Siwa as Dua Lipa hosts
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- This week on Sunday Morning (May 5)
- 1 person killed and 23 injured in a bus crash in northern Maryland, police say
- Book excerpt: The Year of Living Constitutionally by A.J. Jacobs
Recommendation
'Most Whopper
5 people die from drinking poison potion in Santeria power ritual, Mexican officials say
Want a stronger, more toned butt? Personal trainers recommend doing this.
‘The Fall Guy’ gives Hollywood a muted summer kickoff with a $28.5M opening
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Warren Buffett’s company rejects proposals, but it faces lawsuit over how it handled one last year
Treat your mom with P.F. Chang's Fortune Cookie Flower Bouquet for Mother's Day
‘Reprehensible and dangerous’: Jewish groups slam Northwestern University for deal with activists