Word: freight
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Dates: during 1930-1939
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Notwithstanding all the country's automobiles, buses, trucks, airlines, pipelines, waterways, lake and ocean shipping, the freight car remains the basic unit in U. S. transportation. And the number of freight cars loaded weekly by the U. S. railroad system remains a basic business index. When the railroads load less than 500,000 freight cars per week the country is depressed. When they load more than 1,000,000 a boom is in full flower. A few years ago when railroad finance looked its worst, statisticians used to put their feet on their desks and say that there...
...Amatique, competing with Puerto Barrios, would be a serious matter, for in the past few years United Fruit has shipped more and more bananas overland from the Pacific Coast to Puerto Barrios on the International. Thus, bananas reach U. S. distributing centres more quickly. On this increased volume of freight International Railways has made money...
...economic side Her Majesty's Government have just moved far toward making peace in the cut-throat Far East freight war between Dutch and Japanese shipping companies. By quiet, patient insistence Premier Colijn has forced both Japanese and Dutch shipmen to agree upon preliminary peace terms and these will now be used by diplomats of Tokyo and The Hague in an effort to make a binding economic treaty between the Empire of Hirohito and that of Wilhelmina...
...income of Class 1 U. S. railroads during the first seven months of 1936 jumped 26% over 1935. The instant use to which a large part of this income was put was precisely what equipment makers had expected. During the first half of 1936 U. S. railroads ordered more freight cars and more steam locomotives than during the entire twelve months of any year since 1930. Orders for the six months totalled 104 steam locomotives, compared to 28 in the twelve months of 1935; 26,560 freight cars compared to 18,699; 107 passenger cars compared...
...deep red of 1935, when it lost $3,323,000 in the first six months, into the shallow but significant black of $113,912 earned this year in the same period. Southern Pacific placed equipment orders totalling $21,000,000-$2,700,000 for locomotives, $8,000,000 for freight & baggage cars, $10,500,000 for refrigerator cars. The Van Sweringen line, Chesapeake & Ohio, placed orders...