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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: -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.

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