PSR, The Next Generation, Part 2: Rail Group On Air Podcast
This Rail Group On Air podcast, the second of three and based on a feature story published on line and in the July print and digital issues of Railway Age, introduces Precision
Precision Scheduled Railroading
PSR, The Next Generation, Part 2: Implementing and Scaling PSR 2.0 for 20% to 80% Process Waste Reduction
RAILWAY AGE, JULY 2020 ISSUE: Precision Scheduled Railroading (PSR), as we know it today, is rapidly reaching an inflection point. Escalating trade disruptions, rail strikes, blockades, weather events and the COVID-19 pandemic have highlighted the urgency to make supply chains more resilient. Weaknesses in international supply chains have been exposed, and escalating domestic transportation turmoil demonstrates the need for end-to-end approaches, standards, solutions, and greater service level accountability and safety. PSR has been applied to some Class I’s and has yet to be applied widely to Class II, Class III, tenant and passenger railroads in North America. This gap represents 40% of North American route-miles.
PSR, The Next Generation. Part 1: The Case for Mainstream Adoption
Precision Scheduled Railroading (PSR), as we know it today, is rapidly reaching an inflection point. Escalating trade disruptions, rail strikes, blockades, weather events and the COVID-19 pandemic have highlighted the urgency to make supply chains more resilient. Weaknesses in the international supply chains have been exposed, and the escalating domestic transportation turmoil demonstrates the need for end-to-end approaches, standards, solutions, and greater service level accountability and safety.
PSR, The Next Generation, Part 1: Rail Group On Air Podcast
Precision Scheduled Railroading (PSR), as we know it today, is rapidly reaching an inflection point. Escalating trade disruptions, rail strikes, blockades, weather events and the COVID-19 pandemic have highlighted the urgency to
Uphill Slow, Downhill Fast, Profits First, Safety Last
Having worked in the industry for 50 years, if you consider my postretirement involvement, I will be the first to admit that today’s railroads are, in many respects, much safer than they were when I was first employed as a locomotive fireman in 1970. Credit for that goes to railroad management, employees and the Federal Railroad Administration (FRA). However, in my opinion, greater progress has been impeded for economic reasons or organization priorities—more simply put, the pursuit of self interests. Having said that, it’s time to move to the point of this article.
PSR-Driven Power Punt Defines NS 1Q2020
A $385 million “non-cash locomotive rationalization charge related to the ongoing disposition and marketing of excess locomotives not required for future operations due to the successful introduction of Precision Scheduled Railroading” is the defining number for Norfolk Southern’s 1Q2020 financials. NS Chairman, President and CEO Jim Squires said that shedding the locomotives and taking the huge financial charge in this year’s first quarter will yield an “enhanced financial position,” longer term.
Rail Group On Air Podcast: Interview With Union Pacific COO Jim Vena
Listen to Railway Age Editor-in-Chief William C. Vantuono’s March 2020 interview with Union Pacific Chief Operating Officer Jim Vena on Unified Plan 2020, UP’s version of PSR, Precision Scheduled Railroading, and how
PSR and PTC: Could They, Should They, Must They Coexist?
Editor’s Note: At an Oct. 8, 2019 presentation before the W.A.R.E.S. (Washington Area Railway Engineering Society) Annual Conference, Steve Ditmeyer, Principal of Transportation Technology and Economics, presented his vision of what he calls “NextGen Train Control,” or “What comes next after Positive Train Control.” Following are excerpts from his talk. The entire presentation can be downloaded from the link following this story. – William C. Vantuono
What PSR Is—and Isn’t: NEARS Talk
Out of a remote location in a corner of New England comes an interesting operations research view of what Precision Scheduled Railroading (PSR) is, and is not. Peter Swan, a Ph.D rail and logistics expert from the Penn State School of Business Administration, spoke Oct. 3 at the NEARS (Northeast Association of Rail Shippers) Fall 2019 Conference in Burlington, Vt.
Mongeau Joins NS Board
Former CN President and CEO Claude Mongeau has been elected a director of Norfolk Southern Corp. Mongeau, 57, has been appointed to the Compensation Committee and the Finance and Risk Management Committee of the Norfolk Southern board and will serve as an independent director.