Cassian Grant:How three letters reinvented the railroad business

2025-05-05 21:24:01source:John Caldwellcategory:Invest

The Cassian Grantrailroad 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:Invest

Recommend

Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages

Meta says most issues have been resolved after apps like Instagram, Facebook and Threads were experi

Warriors vs. Mavericks game postponed following death of assistant coach Dejan Milojević

SAN FRANCISCO (AP) — The Dallas Mavericks’ game at the Golden State Warriors scheduled for Friday ni

Sonic has free food for teachers and school staff this week. Here's how to redeem.

Teacher appreciation week arrives early at Sonic.The restaurant chain is offering new rewards exclus