The railroad’s deployment of precision scheduled railroading resulted in faster and longer trains and reduced car sorting, according to the company’s recent sustainability report.
The company says its “disposal’ of 300 locomotives and its plans to sell 400 more are due to precision scheduled railroading.
A report from Boston Consulting Group suggests that the Class I railroads must look beyond precision scheduled railroading and operating ratios if the industry wants to be a competitive transportation mode.
Are there too many railroad freight cars? Jim Blaze writes about many reasons why this is the case.
Jim Blaze writes about the outlook for intermodal rail in 2020.
Improving rail volumes and service are among the crucial issues to look out for as the railroads reveal their 2020 guidance in the coming days.
Precision Scheduled Railroading, or PSR, is the operational method of running a railroad for maximum asset utilization by which freight movements are scheduled and managed on the individual carload (rather than entire train level). That contributes to efficiency improvements by, for instance, using more direct point-to-point routing, bypassing classification terminals, and having the flexibility to use long mixed-commodity trains.
Lockheed Martin rolls out big, slow, low-altitude air transport vehicle’ does Precision Scheduled Railroading run afoul of common carrier requirements?
Ben Thrower writes about the positive and negative aspects of precision scheduled railroading in this commentary article.
Market View commentator Jim Blaze writes about the advantages short line railroads offer to shippers.
Jim Blaze writes about the decisions that will go into determining 2020 capital expenditures by the freight railroads.
Norfolk Southern announced that Claude Mongeau has been elected as a director. The former Canadian National Railway head may be viewed as an effort to improve PSR initiatives or to explore potential opportunities to partner with other Class I railroads.
Market Voice Jim Blaze contents that railroads are using the wrong KPIs to increase volume and capture market share from trucks.
Grain may return with trade growth, but frac sand in structural change.
As railroads cut less profitable routes, shippers should learn as much as possible about railroads plans for future service.
The Class I railroads have reported their second quarter/first-half of 2019 results. Jim Blaze writes about what may happen during the remainder of 2019.
Grain shippers say Congress should take a “fresh look” at railroad policy.
“You’ve heard me say this many, many times – we’re not going to use the lack of volume as an excuse not to make aggressive achievements on our productivity,” Union Pacific chief financial officer Rob Knight said.
The implementation of precision scheduled railroading has contributed to dwindling morale and could result in creating unsafe working conditions should the federal government withhold intervention, according to union witnesses at a June 20th Congressional hearing on rail safety.
Regulators frustrated by carriers’ lack of candor in justifying service fees
