Word: freight
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...equipment taxes on trucks and buses to bring in another $247 million annually and help defray the additional $5.8 billion that will be needed to finish the 41,000-mile federal highways system. It also asks $240 million more in taxes on aviation fuels and the flourishing air-freight business, and a continuation of the 5% surcharge on airline passenger tickets. Truckers, airlines and inland-waterway operators, the last of which would have to pay a new fuel tax amounting to $7,000,000 a year, will probably oppose most of the measures, as they have before. If Congress approves...
...addition, Johnson proposed to raise some $240 million in new revenues by hiking certain "user" taxes-including an additional 2?-per-gallon levy on commercial aviation gasoline and a new 2% tax on air freight. But above all, the President is counting on increased spending, both private and governmental, to keep the economy in high gear and thus generate increases in taxable personal income and corporate profits...
Plywood is migrating South partly to save freight (the South is nearer to most markets than the Northwest) and partly to take advantage of the South's rising supply of available timber, but it is a new technology that makes the move possible. New glues and dryers developed by the industry have overcome Southern pine's high moisture and pitch content, which made its wood difficult to stick together. Automated loaders and lathes can now handle pine logs, which are much smaller than fir, and peel off layers of veneer...
...only a couch, Joe," one yelled from the window, as he dumped it outside, cushion by cushion. The frame was thoroughly axed in the room, taken downstairs in a freight elevator, and set under an open hydrant on DeWolfe...
...loss will be more than that in the first ten months. And what a Toonerville Trolley it is-57% of the 27,000 miles of track is more than 40 years old and is in bad shape; 30% of the diesel locomotives are out of service; most passenger and freight cars are obsolete...