As much as the praising of Precision Scheduled Railroading is annoying to me and reads like a pacifier for money-hungry shareholders, the promise of putting safety back to the top of the priority list and putting more rail and transportation experience into management seems good.
They’re full of shit. It’s a short-term boost to stock price via slashed operational costs. They’ll bail as soon as the momentum starts to derail. Improving safety doesn’t start with reducing maintenance resources. Precision railroading is a scam that investors buy into because it sounds good on paper, but keeps proving to be a disaster when all the minor shortcomings stack up into a collapse of performance - every sick day, every repair delay will cause a larger ripple than before. Safety isn’t lucrative in the short timeline of a pump and dump.
railwayage.com
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