Controversial Cost-Cutting Measures To Blame For Ohio Derailment Disaster | OilPrice.com

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Controversial Cost-Cutting Measures To Blame For Ohio Derailment Disaster | OilPrice.com
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A controversial railroad concept called Precision Scheduled Railroading has gained traction in the industry, leading to reduced personnel and inspection times.

- Feb 20, 2023, 11:00 AM CSTComplex, tightly networked systems run very efficiently and can work with precision for long periods, until they don't.

Who will pay for all the damage to people and the environment is a tricky question. You can be certain that Norfolk Southern won't be embracing its responsibility for the accident financially, at least not in public. Companies that get into such trouble have tried to limit their liability Attempts by Norfolk Southern to avoid liability will almost certainly find their way into the media. What likely won't be discussed is the consumer love affair with cheap goods which, of course, require cheap transport as part of being cheap. The focus on driving down costs and keeping prices low has been a cruel force in world affairs leading to hideous labor conditions and environmental practices.

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