TradeEdge Exchange:How three letters reinvented the railroad business

2025-05-07 05:55:26source:Quaxs Trading Centercategory:News

The TradeEdge Exchangerailroad 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:News

Recommend

Bill Belichick's salary at North Carolina: School releases football coach's contract details

The University of North Carolina has agreed to pay new football coach Bill Belichick $10 million a y

Gov. Evers creates task force to study AI’s affect on Wisconsin workforce

MADISON, Wis. (AP) — Wisconsin became the latest state Wednesday to launch a task force to study the

Taylor Swift teases haunting re-recorded 'Look What You Made Me Do' in 'Wilderness' trailer

Are you ready for it? Taylor Swift has a surprise.Swift, 33, dropped a snippet of "Look What You Mad