WebSep 16, 2024 · PSR is a system dreamed up in 1993 by the late E. Hunter Harrison, who at the time was chief executive of CSX Corp., the legacy company of the old Chesapeake & Ohio Railway. PSR isn’t about ... WebJul 2, 2024 · This three-part Railway Age series introduces PSR 2.0, which will take PSR to the next level, within individual railroads and across railroad and transportation “ecosystems.” It demands an entrepreneurial culture, and is geared toward increasing relevancy in a world rife with existential economic threats, increased competition and …
Forwarders demand change on US railways, as PSR
WebApr 12, 2024 · Ron Kaminkow, the general secretary of Railroad Workers United, described PSR as a “misnomer”. “The trains do not run on schedule. The chances of a much longer, heavier, underpowered train departing its terminal on time and arriving at its destination on time are greatly reduced. The only thing precise about it is that is precisely using ... WebFeb 4, 2024 · Wall Street took notice of railroads’ growing market power and pushed them to implement PSR, which meant running faster, longer trains, and skimping on service, spare capacity, systemwide resilience, and safety. When Union Pacific closed Global 3, the railroad was implementing PSR. inherited italian blood disease
What is Precision Scheduled Railroading (PSR)?
WebMay 14, 2024 · The PSR model has become widespread among U.S. railroads. CSX, Union Pacific, Norfolk Southern, and KCS have each adopted elements of the model. Adopters of the model say they seek to improve service and reliability, reduce dwell time and increase train speed to compete with other modes of transport, such as trucking. WebApr 18, 2024 · Kansas City Southern (KCS) executives detailed a customer-centric version of precision scheduled railroading (PSR), a now-common operations strategy among Class I railroads. Improving service through PSR is the number one priority for the railroad, executives said on an earnings call Wednesday, WebOct 30, 2024 · The large, network version of Conrail (sometimes called “Big Conrail”) went into operation on April 1, 1976. Among its cost reduction achievements were: Reduced work force (from about 94,000 in 1977 to about 20,000). Reduced major railroad yards from more than 250 to fewer than 50. Reduced track-miles by about half (from 40,700 miles to ... inherited item 8