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MSNBC Katy Tur Reports July 6, 2024

derailment have been prevented? if so, how? the answer to that question will eventually come from the ntsb, which is currently investigating the crash, but we can and should take a look at the conditions of rail freight across this country and the allegations that across the industry safety is being sacrificed for profit. we spoke with one 40-plus year veteran railroader and certified accident investigator who told us what happened in east palestine was the logical outcome of precision schedules railroading. and that without change it will happen again. we re going to explain what that means in a moment with greg reagan, the president of the transportation trades department of aflcio. it s important to understand the operating conditions because the crash itself is becoming a political football. donald trump is touring the derailment site, and the mayor of east palestine who told us on this show the other day that he didn t want president biden to visit because the secu ....

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MSNBC Katy Tur Reports June 4, 2024 20:06:00

Here. what is that? it s really a business operating model that s designed to maximize the profits of the railroad systems. that s pretty much all it is. it s not precise, and not necessarily scheduled. what we have seen from a tangible outcome is 30% of the work force caught in eight years. we have seen record profit was in the industry. so record profits and not hiring new employees or paying new employees more, is that what you re saying? yeah, just drastic cuts across the crafts and classes in the railroad industry. the result of it is we have people essentially on call 24/7 to do their jobs. they do not have an opportunity to catch their breath. sick leave became an important issue during the bargaining unit. people did not have the opportunity to take their allotted leave. they re expected to be on call all the time. when you add more cars to a ....

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Role of operational excellence in financial services industry

The Covid-19 pandemic has imposed previously unfathomed challenges on firms to maintain operational excellence including those in the financial services industry. ....

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