By Ben Thrower, Contributor, Freight Waves; November 1, 2019
The railroads have been riding a bumpy track for the past several years, and for some of them it continues.
FreightWaves reported on the late Hunter Harrison’s methods to increase efficiency in the railroading business after he took the helm of CSX in 2016. Harrison introduced the practices of precision scheduled railroading (PSR) that he had used successfully at the Illinois Central Railroad, Canadian National Railway and Canadian Pacific Railway. Harrison’s actions began to transform CSX, the nation’s third-largest railroad, from a hub-and-spoke system to a more direct point-to-point system.