Word: freight
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Dates: during 1930-1939
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Through the night the long windows of Pratt & Whitney's aircraft engine plant glow with an eerie, blue-green light. Through the streets of East Hartford, Conn., freight cars lumber along old trolley tracks from the plant to the New Haven Railroad. The air of the whole neighborhood palpitates with the muffled thunder of Wasps and Hornets on test stands in the research buildings. And every six seconds the white finger of the airport beacon flicks over the fleshening skeleton of a huge new factory extension growing from the main plant...
...night last week the members of the New York Railroad Club sat down to their 67th annual dinner in Manhattan's Hotel Commodore. For topflight railroad executives it was a relatively cheery meal. They were still chortling because freight carloadings rose 30% between Sept. 9 and Oct. 21 -the largest increase over the shortest period in U. S. history. Phrases like "this augurs well" cropped up in more than one of the evening's speeches. But to thoughtful men among them, the carloading boom was an ugly fact to face. For it demonstrated that their huge industry cannot...
...such entrenched unions as the railroad brotherhoods, which resolutely resist the march of technological progress. Even when improvements sped up schedules the brotherhoods prevented any savings and successfully insisted on "featherbedding" which means paying crews on a mileage basis. They draw eight hours pay for 100 miles on a freight, 150 miles on a passenger train. Many "featherbed" crews now draw eight hours pay for runs of less than four hours...
Three weeks ago Port of New York Authority pointed out that while Manhattan's railroad freight tonnage had dropped 50% to 4,000,000 tons a year since 1919, trucking to & from the city had zoomed to the point where trucks were hauling two tons of freight to the railroads' one. So serious was this turnabout that the Authority warned motor carriers that they had better build big motortruck terminals in order to cut operating costs and reduce traffic congestion...
Phelps Dodge's Louis Gates is pitting new U. S. smelting practice against the rutted methods of the British trust. Freight, insurance and greater demand have so far pushed the New York tin price approximately 29% above London. In spite of the ore handicap, Phelps Dodge can more than break even with tin at about 46?, which is more than 10? higher than the British break-even point. This should keep Phelps Dodge in the tin business even come peace. American Metal has the same economic problem. Meantime in Argentina, National Lead Co., St. Joseph Lead Co., and Patino...