Tag: PSR

Unrehearsed, Unpolished, Inexperienced

Written by David Nahass, Financial Editor for railwayage.com FINANCIAL EDGE, RAILWAY AGE MAY 2022 ISSUE: Sports journalists say they don’t root for teams; they root for stories. At “Financial Edge,” the circumstance is the same. There always needs to be something to write about. Nonetheless, at its heart, “Financial Edge” roots for the railroads. The […]

What’s Next For Class I Railroads After That Tense STB Hearing?

By Justin Franz for railfan.com After a fiery two-day hearing in Washington D.C., about the ongoing Class I service crisis, many in and out of the rail industry are asking “What’s next?”  After receiving an avalanche of complaints from shippers and railroaders about the state of rail service, the U.S. Surface Transportation Board demanded that […]

Should the freight rail industry be overhauled?

‘There’s probably no elegant solution to structurally fix rail service’ By Joanna Marsh for freightwaves.com Service disruptions at the Class I railroads have come to a head in recent weeks, and shippers and the unions representing rail workers are clamoring for changes to the freight rail industry of a magnitude to match the disruptions. Some […]

‘Industries dependent upon the railroads’ service are forsaken’

Unions, ethanol and coal producers join grain shippers in push for STB to address rail service complaints By Joanna Marsh for freightwaves.com The Surface Transportation Board has scheduled a hearing for April 26-27 in response to a letter sent by the National Grain and Feed Association about worsening rail service.  The March 24 letter has gotten support from various rail unions […]

Railroads subcommittee hears views on STB reauthorization

Courtesy of progressiverailroading.com The U.S. House Subcommittee on Railroads, Pipelines and Hazardous Materials earlier this week held a hearing on Surface Transportation Board reauthorization, with speakers testifying on the board’s role in improving rail service. Following are excerpts of some of those who testified. “Activist investors out to make short-term profits with the railroads have gotten nearly […]

The perils of precision scheduled railroading

‘Many things go undetected and it’s starting to show’ By Joanna Marsh for freightwaves.com Although almost all of the Class I railroads have been deploying precision scheduled railroading (PSR), an operational model that seeks to streamline operations, for several years already, a number of issues keep the debate over its value alive. The railroads have argued that […]

PSR: Can We Please Be Honest Here?

Written by Matt Parker for railwayage.com Editor’s Note: This opinion piece is in response to my invitation for “reasonable, fact-based, non-political opinions on Precision Scheduled Railroading by experienced railroaders from both the agreement and non-agreement sectors, to encourage discussion,” in response to “PSR Point/Counterpoint: Fortune,” published July 22 – William C. Vantuono An Oct. 3, 2018 article […]

Shortage of Railroad Workers Threatens Recovery

Struggle to bring crews back draws scrutiny from regulators, who were already concerned about lean operations By Paul Ziobro for wsj.com America’s freight railroads are struggling to bring back workers, contributing to a slowdown in the movement of chemicals, fertilizer and other products that threatens to disrupt factory operations and hinder a rebound from the […]

Wall Street is boosting profits in railroads with new technology. But it’s ignoring the drawbacks

Freight rail doesn’t function without a strong workforce. BY PETER DEFAZIO for fortune.com In a commentary published in Fortuneearlier this month, Ike Brannon and Michael F. Gorman took great liberties in trying to debunk my concerns with precision scheduled railroading (PSR). Please allow me to set the record straight. I have served on the U.S. […]

Class I railroads outline 2021 projections, February weather impacts

Rising fuel prices could eventually help with truck conversions By Joanna Marsh for freightwaves.com All of the publicly traded Class I railroads presented at investment bank JP Morgan’s industrial conference last week. Here are some themes expressed through the multiday event: Weather dents February’s rail volumes and could impact first-quarter results When the Class I […]

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