Word: freight
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...Steelmakers plan to operate at about 95% of capacity this week, and output should top the industry's alltime record reached last April. Imports of steel also eased slightly in October, but stayed at a high level of 362,000 tons for the month. ¶ Freight carloadings rose 75,513 cars above the previous week, outpacing the same week in both...
FIRST ALUMINUM freight cars started service for the Southern Railway System. The cars are lighter, cheaper to operate; Southern has ordered 1,205 for some $24 million...
...Snow Train. The New York Central Railroad developed a snow blower that harnesses the exhaust of a B-36 jet bomber engine to blast its freight-yard tracks and switches free of snow. Mounted on a modified caboose with a huge nozzle, the engine can blow away snow...
First to be warmed was the railroad industry. Freight-car loadings jumped 14% for the week to 638,408 cars, the largest traffic since the 697,633 cars loaded in the last week of June. Even the steel industry's biggest and hardest-hit customer, the auto industry, began to thaw. General Motors, which had shut down its plants, began to call workers back to resume making parts. Ford put its operation on five days, and scheduled overtime on the Falcon, Thunderbird and Lincoln. (But Chrysler laid off more workers, stopped production of its Valiant.) With American Motors...
...FARE CUTS will come fast next year on international routes. Starting in April, British European Airways will chop prices an average 17% on 400 fares throughout routes in Britain, Europe and the Middle East. Scandinavian Airlines (SAS) will cut air-freight rates as much as 80% next spring...