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posted by Fnord666 on Friday April 05 2019, @11:17AM   Printer-friendly
from the good-luck-with-that dept.

Morningstar:

Freight railroads generally have operated the same way for more than a century: They wait for cargo and leave when customers are ready. Now railroads want to run more like commercial airlines, where departure times are set. Factories, farms, mines or mills need to be ready or miss their trips.

Called "precision-scheduled railroading," or PSR, this new concept is cascading through the industry. Under pressure from Wall Street to improve performance, Norfolk Southern and other large U.S. freight carriers, including Union Pacific Corp. and Kansas City Southern, are trying to revamp their networks to use fewer trains and hold them to tighter schedules. The moves have sparked a stock rally that has added tens of billions of dollars to railroad values in the past six months as investors anticipate lower costs and higher profits.

Calling all Railroad Tycoons...


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  • (Score: 2) by RS3 on Friday April 05 2019, @10:01PM (1 child)

    by RS3 (6367) on Friday April 05 2019, @10:01PM (#825148)

    Oh this frustrates on so many levels. I used to know a very successful businessman who was very cynical about govt., and he dealt with many: codes, inspections, health, food, licenses, taxes, etc. His degree and years of work was sociology and generally a nice guy and believed in people, but at some point things cross a line and even he gave up on them. He said that govt. workers were "the dregs of society". There are exceptions, but I have to sadly generally agree.

    Yes, I'm sure that SOME people will slow down for narrower lanes. The stupidity in this is overwhelming. Any motion of a car can result in an accident if the car wavers in its path. What about large vehicles? Ever drive a truck, DOT idiot? They don't quite track like an Audi A6 now.

    And like you said, intelligence doesn't seem to come into play until someone dies.

    Someday I hope to understand stupidity (thinking about the Boeing 737 MAX problems as well as many others...)

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  • (Score: -1, Troll) by Anonymous Coward on Saturday April 06 2019, @12:00AM

    by Anonymous Coward on Saturday April 06 2019, @12:00AM (#825191)

    "Someday I hope to understand stupidity (thinking about the Boeing 737 MAX problems as well as many others...)"
    Look much closer to home. It's easy to throw shit at others on the net by reflex while being completely ignorant of the real underlying problems. There's far too much of that going on these days.