Word: freighting
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Dates: during 1930-1939
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...main Finnish cities. Apparently most came from Russia's new bases in Estonia (see map). They showed ability in reaching their objectives on schedule in formation through low, overcast clouds, but their bombing aim was wretched. At Helsinki, the capital, they aimed at the big central railroad station, freight yards, post office, and at the west harbor (navy yard, transatlantic piers), but mostly hit apartment houses blocks away, shattered the windows of their own legation. Aiming at the city's water supply, they hit the new Olympic Stadium. They killed scores of women & children, put out the city...
During the first six months of 1939 the total operating revenues of 1,050 Class I motor carriers (annual gross of $100,000 or more) were $130,108,000 (up 30% from 1938) on 19,184,000 tons of freight (22% over 1938). Last week American Trucking Associations, Inc. turned loose even more striking figures. Based on returns from 193 firms, it reported that in October, for the third successive month, highway motor trucking hit a new all-time peak. October traffic was up 5.4% from September, 33.4% over 1938, 23.2% over 1937, 51.3% above the 1936 monthly average...
...surprising. For 15 years, whether traffic is good or bad, trucks have tended to do a little better than railroads. In 1925, when anybody with enough spare cash for a second-hand truck could go into the trucking business, trucks carried less than 2% of all U. S. freight. The rest was taken care of by the railroads (76%), waterways (17%), pipe lines (5%). By 1937 trucks were up to 5%, railroads down to 66%, and the process apparently still goes...
...story was going the rounds last fortnight that General Motors liked the railroad equipment business well enough to go in further, thought it was a good idea to put some millions of its enormous resources into buying a piece of Pullman Co. Pullman, No. 1 freight and passenger car builder, can produce 2,370 passenger cars a year, 74,700 freight cars. Conservative railroadmen shuddered, in spite of G. M.'s cheap financing aid, efficient engineering methods, at the idea that an automobile outsider should shoulder into the railroad aristocracy. To not so spry U. S. rail-engineering...
...Chilean ore-at Sparrows Point, Md. Bethlehem Steel takes ores in from Cruz Grande, Chile (4,265 miles away) at a freight cost of $2.50 to $3.00 per ton, plus Panama Canal tolls of $7.20; since no toll need be paid on Chilean ore laid down in Portland (5,739 miles from Cruz Grande), it should be cheaper there...