Word: budd
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...Philadelphia, train-building Edward G. Budd Manufacturing Co. turned out its millionth aerial bomb. > In Detroit, where Ford and General Motors are getting ready to join Chrysler in producing tanks, the national production rate (now about 25 a day) is expected to reach 100 a day by spring...
Even some railroad men are a little scared. Transportation Commissioner Ralph Budd himself last fortnight wrote a letter to all U.S. shippers calling for "new records in the volume of transportation rendered per unit of serviceable equipment," hinting gently at the possibility of seven-day operations. A.A.R. Vice President Buford has already told members that they will have to reduce the average turn-around on freight cars to 11.8 days, a new low record (best previous: 12 days), made even more difficult by the fact that intercoastal shipping diversion is enforcing much longer hauls...
Estimates of October freight-car supplies and loadings were a dime a dozen last week. Ralph Budd admitted that there would be 20,000 fewer new cars than the roads had planned for; the National Planning Association predicted a 40,000-50,000 car shortage; the latest OPM report figured there would be a deficit of 80,000 cars. But on one score there was clear agreement: the coal movement might be the backbreaking straw...
...their next day's quota reduced. Crux of the coal problem is that the U.S. has never caught up with the coal lost in last April's 29-day strike.* All through late spring and summer the U.S. Government (from wolf-crying Harold Ickes to sanguine Ralph Budd) urged coal consumers to buy ahead, avoid the fall traffic peak. Yet, in the first seven months of this year, with industrial production up 15%, total coal loadings, which usually pace production (especially in boom periods), were up less than 8%; bituminous coal production through mid-September was up only...
Last week railroads, Government men and shippers held their breath to see if the railroads would squeak through October. At best, most of them expected some regional dislocations, brief but perhaps acute, and no one liked to think about the fall of 1942. Ralph Budd had estimated that the 1942 peak would require 160,000 more freight cars than there are now (other estimates went as high as 370,000 new cars). With or without a steel shortage, 160,000 is more new freight cars than have been built in any year since...