Passport Research: PSR’s past and future

The modern operating strategies known collectively as precision scheduled railroading (PSR) have driven profound changes in the way railroads think about their workforces, revenue growth, assets, facilities, networks and customer service.

In this piece, we explore the past, present and future of PSR through two decades of railroad industry financial and operating data.

First, we define what we believe are the core features of PSR. Because railroads’ networks and customer portfolios differ, and...

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