Everything you need to know about Precision Scheduled Railroading—how it got started, who started it and why, its promises and principles, and what it has become, for better or for worse—is here in this discussion featuring two of PSR’s “founding fathers,” Gil Lamphere and Henry Chidgey, who have more than 75 years of combined railroading experience.
Kansas City Southern reported today that Q2 2020 revenues were $547.9 million, representing a 23% drop in revenues compared to Q2 2019. In addition, carload volumes were down 21% compared to the
Having worked in the industry for 50 years, if you consider my postretirement involvement, I will be the first to admit that today’s railroads are, in many respects, much safer than they
Kansas City Southern (KCS) (NYSE:KSU) reported strong fourth quarter and full year 2019 results, driven by implementation of Precision Scheduled Railroading (PSR) principles. Fourth Quarter 2019 Fourth quarter revenues were $729.5 million,
The Transportation Trades Department of the AFL-CIO released a statement about its view of precision scheduled railroading and the impact it’s having on freight railroads in America. Below are some excerpts from
More railcars all at once might force the Surface Transportation Board (STB) to do something once and for all. For now, the STB is recommending shippers and railroad companies work together to
Freightwaves is reporting the outcome of a precision scheduled railroading discussion held at the FTR 2019 Transportation Conference in Indianapolis from September 10-12. FTR is a freight transportation intelligence company with a
Since shortly after World War II, the number of people employed by the railroad industry has trended downward. Several years saw increases in rail employment. One example was the 2014 traffic boom,
The U.S. House Transportation and Infrastructure Committee held a rail transportation roundtable with shippers yesterday to discuss the problems facing farmers, manufacturers and energy companies stemming from the implementation of precision scheduled
You have 24 hours. That’s it. With precision scheduled railroading now in the driver’s seat, Union Pacific is cracking down on customers who take longer than 24 hours to remove containers at
NORFOLK — Norfolk Southern rolled out the first phase of its precision scheduled railroading (PSR) effort, called the TOP21 operating plan on Friday, June 28. The railroad says the plan will “improve
Norfolk Southern made a key executive appointment as it took another step in its previously-announced plan to implement Precision Scheduled Railroading.
Union Pacific late on Sep. 17 (following Wall Street close of business) announced a new operating plan, “Unified Plan 2020,” that “implements Precision Scheduled Railroading principles” that were deployed over the past
