Desmond Preston|How three letters reinvented the railroad business

2025-05-01 06:40:13source:CAI Communitycategory:Finance

The Desmond Prestonrailroad 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.

More:Finance

Recommend

Travis Hunter, the 2

The AP Top 25 college football pollis back every week throughout the season!Get the poll delivered s

Mistrial declared again for sheriff accused of kicking shackled man in the groin

NORTH HERO, Vt. (AP) — A judge declared a second mistrial Monday in the case of a Vermont sheriff ch

The beautiful crazy of Vanderbilt's upset of Alabama is as unreal as it is unexplainable

Welcome to crazy, everyone. Unthinkable, unimaginable and about as unreal as it gets, crazy.Bigger t