Word: boxcar
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Bull. It won Glenn Morris a job playing Tarzan in the movies. It turned Bob Mathias, a 17-year-old high-schooler, into a national hero, and it earned a college education for a Negro lad named Rafer Johnson whose family were so poor that they lived in a boxcar on a railroad siding. The only thing the two-day, ten-event contest has done for California's Bill Toomey, 27, and Russ Hodge, 26, is run up their doctors' bills. Bill suffers from shin splints and heel spurs; Russ has bursitis in his elbow, tendinitis...
Peculiar Arrangement. U.S. railroads presently own nearly 600,000 boxcars, and are retiring 30,000 cars more a year than they are replacing. Beyond this rate of attrition there is an even bigger reason for the boxcar shortage. It is one of the most peculiar industry arrangements...
Railway companies have their own trade association-the Association of American Railroads. Under association rules, all lines must lend their boxcars to other companies if the demands of traffic so require. But, also under association rules, if the borrowing company wants to keep a boxcar for a while, it need only pay a nominal daily "rental" fee of something less than...
...Western railroads get the worst of this arrangement. In the U.S., the heaviest flow of bulk-product rail traffie moves from West to East, as Western states ship their grains and other raw materials eastward for finishing. Once a Western-owned boxcar has ar rived in, say, New York, an Eastern operator simply takes it over and keeps it-paying that nominal rental fee dictated by the Association of American Railroads. The two lines currently hardest hit by this system are the Great Northern, which owns 22,800 boxcars but now has only about 48% of that number...
...Rent Imprimatur. The Interstate Commerce Commission, well aware of the perennial boxcar shortages, has long fought the low-rental rules laid down by the Association of American Railroads' imprimatur. Indeed, a bill giving the ICC greater rate-setting leeway last year passed the Senate, now is stalled in the House. Still undaunted, the ICC ordered that all railroads receiving boxcars from the Great Northern or the Northern Pacific promptly unload them and return them to their corporate owners within 24 hours. If the receiving rail lines ignore this order, the ICC will probably have to go into the courts...