By Joanna Marsh, Freight Waves; October 10, 2019
As the third-quarter earnings season kicks off next week for the
Class I railroads, one question will be the degree to which the
railroads’ safeguard themselves against lower volumes as a result of
their cost-cutting measures via precision scheduled railroading (PSR).
Railroads such as Kansas City Southern (NYSE: KSU) have credited PSR, an operating model that seeks to streamline operations and schedules, enabling them to rein in costs, particularly in an environment where rail volumes have trended lower.
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