Word: freight
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...stop, idling three General Motors plants, stranding goods and produce on their way to market and even causing the cancellation of a performance by the Ringling Bros. and Barnum & Bailey Circus. Outside the Northeast, Amtrak passengers scrambled for rental cars and airline tickets as service that normally runs along freight lines was disrupted. The strike, however, was temporarily ended 48 hours after it began when Congress approved a bill calling for an arbitrator to settle the disagreement...
...shutdown was triggered by a dispute between the machinists union and CSX Transportation, one of the nation's largest freight railroads, over wages and work conditions. Most other freight companies ceased operations, claiming that their many interconnections made it impossible for them to work without CSX. The unions countered that it was a lockout. The disagreement involves unions representing only about 20,000 workers, but 200,000 other rail workers were thrown out of work, and hundreds of thousands more were affected by the shutdown...
...case, Congress proved it can move quickly if necessary, taking just two days to pass a bill calling for a 35-day cooling-off period and a list of government-approved arbitrators to settle the conflict. Freight railroads restored full service by the end of last week. "I'm sure that members are glad to see that we're getting back to work," said David Turner, chairman of Local 612 of the machinists union, in Lincoln, Neb. "But the only drawback is that it's not resolved...
...Hours, Dick Tracy, Days of Thunder and Die Hard 2) opened in five weeks -- overloading even a male teenager's adrenaline system, it was thought -- and pulled in an average of $100 million. People will pay to see them, but studios don't want to pay the huge freight: $60 million or more, plus mammoth marketing campaigns. That's why this summer, except for the behemoth sequels, looks to be the most pacific in recent movie history. The moguls would rather crank out a succession of $12 million teen-targeted comedies and pray that one or two will...
Admissions officials say that unless the government provides more financial support, growing numbers of youngsters, particularly in the middle class, may not be able to attend the schools of their choice. "Low-income students get fully funded, and high-income students pay full freight, but it's the middle class that really has a hard time," says Rosovsky. Increasingly, institutions are divvying up their limited funds into skimpy partial-aid packages rather than full grants -- a practice known as gapping. This leads students to overextend themselves by taking on unadvisably large loans or excessively demanding jobs. Both Reed College...