Word: freight
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Once little more than an industry sideline, air freight is coming in for VIP lounge-style treatment of its own. United Air Lines opened a highly auto mated, $2,000,000 freight terminal two weeks ago in San Francisco. Eastern Air Lines is building something to match it in Atlanta. Using show biz, Pan American has run a TV ad in which a Caribbean calypso band rides pushbutton-directed pallets for a merry swing through the company's gleaming new $8,500,000 computerized terminal...
From Bras to Tractors. Air cargo is indeed swinging. Outstripping the phenomenal growth in passenger business, cargo ton mileage has quadrupled since 1956, last year accounted for 12% of the airline industry's $4.9 billion total revenues. The Civil Aeronautics Board predicts that freight traffic will continue to rise by from 20% to 25% a year as against about 13% for passenger traffic...
...parks seem to thrive. If he is a businessman, the cost of inefficiency may be high. A 65-m.p.h. train can move steel slabs from the furnaces of Lackawanna, N.Y., and deliver them still hot at an Indiana rolling mill, but mix-ups and wrongly thrown switches sometimes cause freight cars to get lost for as much as seven weeks. High-speed, $15 million ocean ships lie idle for days in port while they are loaded by means of archaic slings. No less an authority than Najeeb Halaby, former head of the Federal Aviation Agency, insists that the U.S. really...
...than both competitors combined. Despite the 43-day midsummer strike, they feel confident enough of the future to have ordered $3.5 billion of new jets for delivery by 1969 and more than 100 supersonic craft for the years beyond that. One reason is their recent hefty gains in air freight, now increasing one-third faster than passenger travel and promising to pass it as a source of income by 1975. Whether the airlines will have enough terminal facilities for all that business is another matter. Travelers already grumble at ticketing and baggage delays, and tomorrow's jumbo jets will...
...central point of the court hearing, however, was what is to become of the Erie-Lackawanna, the Boston & Maine and the Delaware & Hudson. All of the Eastern railroads are more interested in maintaining freight revenues than in picking up passengers; the ICC, in approving the Pennsylvania and Central's request to merge, has ordered that the bigger line continue current freight interchanges with the smaller railroads in order to guarantee their revenues. The three small roads are destined to eventually end up in a second merger that will link them with the Norfolk & Western...