The derailment of a Norfolk Southern train carrying 20 railcars of toxic chemicals in western Ohio has renewed scrutiny on precision scheduled railroading (P.S.R.)–a controversial management approach that prioritizes profit at the expense of all else. Since its introduction in the early 1990s, the approach became an effortless way for rail executives and shareholders to … Continue reading Norfolk Southern Boosted Shareholder Payouts 4,500%, Slashed Workforce 33% Prior To Ohio Disaster