Current:Home > MyHow three letters reinvented the railroad business -Blueprint Money Mastery
How three letters reinvented the railroad business
View
Date:2025-04-26 09:11:03
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! (82361)
Related
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Olivia Newton-John's Nephew Shares One of the Last Times His Beloved Aunt Was Captured on Film
- The Daily Money: Back-to-school financial blues
- Hope you aren’t afraid of clowns: See Spirit Halloween’s 2024 animatronic line
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- North Carolina Democrats sue to reverse decision that put RFK Jr. on ballots
- Arkansas standoff ends with suspect dead after exchange of gunfire with law enforcement
- Mexican drug lord Ismael 'El Mayo' Zambada and 'El Chapo' Guzman's son arrested in Texas
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Deadpool & Wolverine Seemingly Pokes Fun at Jennifer Garner and Ben Affleck's Divorce
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Olympics opening ceremony: Highlights, replay, takeaways from Paris
- Who Is Lady Deadpool? Actress Revealed Amid Blake Lively, Taylor Swift Cameo Rumors
- Canadian Olympic Committee Removes CWNT Head Coach After Drone Spying Scandal
- Average rate on 30
- Cute & Comfortable Summer Shoes That You Can Wear to the Office
- SAG-AFTRA announces video game performers' strike over AI, pay
- Nebraska Supreme Court upholds law restricting both medical care for transgender youth and abortion
Recommendation
Tom Holland's New Venture Revealed
WWII veteran killed in Germany returns home to California
A missing 12-year-old Georgia girl is found in Ohio after her community galvanized to locate her
Judge in Trump’s civil fraud case says he won’t recuse himself over ‘nothingburger’ encounter
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Site of 3 killings during 1967 Detroit riot to receive historic marker
Chicago Bears wish Simone Biles good luck at 2024 Paris Olympics
2024 Olympics: Why Simone Biles Skipped the Opening Ceremony in Paris