Word: freight
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...yachts, ski weekends and Caribbean vacations, Americans spend more of their income (10%) on transportation than any other people. This $50-billion-a-year penchant for going places has created a healthy tail wind for the nation's airlines, which last year ticketed more passengers, carried more freight and made more money than ever before...
...corporation and the world's largest transportation company: It would include 19,475 miles of road stretching from Virginia to Canada and west to St. Louis; initially, at least, it would also have 109,000 employees and 182 subsidiaries that do everything from mining coal to making freight cars. Yet even the Justice Department, which alone has opposed the merger for the usual antitrust reasons, is prepared to accede to it now. One reason: after deciding to make his run for the U.S. Senate, former Attorney General Robert F. Kennedy took one look at the railroad problem...
...Norfolk & Western with the Wabash and Nickel Plate. Even the bankrupt New Haven has found a partner. Two days after last week's Penn-Central finding, in accordance with the examiners' recommendation, the two roads agreed to take over the New Haven's red-ink freight business for $140 million in stock, bonds and cash. They want no part of its commuter business, which lost $11.5 million last year on 25,000 daily passengers to New York and Boston. In approving the proposed sale, the ICC examiners hinted that New York, Connecticut, Rhode Island and Massachusetts should...
...year or so that they have already begun to carry out major joint projects. Along with scheduling layoffs, they have altered 1,514 diesel locomotives so that those of each line will be able to couple electrically with those of the other. They have plans under way to alter freight yards, lay necessary connecting tracks and mesh services at major passenger stations. Few of the plans involve improvements in service for hapless passengers. The only solution there, as far as most railroadmen are concerned, is to take them off the trains altogether...
...computer center now processes information for customers while they wait, much as in a Laundromat. The New York Central recently scored a first among the world's railroads by installing computer-fed TV devices that will provide instant information on the location of any of the 125,000 freight cars on the road's 10,000 miles of track...