Word: freighting
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Dates: during 1940-1949
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...root of the trouble is the acute, continent-wide shortage of railroad freight cars. Lately there have been many more Canadian boxcars lagging in the U.S., awaiting return, than U.S. boxcars in Canada. But in gondolas, the open-top cars that at this season bring in Canada's winter coal supply, Canada currently owes the U.S. railroads about 14,800 cars...
Bouncing in & out of the mudholes and dodging the landing planes, a sleek car carried a plump, moonfaced man who was trying to watch everything at once. Fred L. Wehran, Teterboro's owner, was fighting to make Teterboro the biggest air freight field in the U.S. (With 1,000 plane movements a day it was already the busiest privately owned airport...
...Army used his field during the war, so it was not till V-J day that Wehran settled down to making it a freight center. Air freight, he thought, had a big future. Moreover, he liked the spunk of the fledgling air-freight flyers. "Nobody can tell them they can't make a go of it," he said. "Give them 99 reasons why they can't, and they'll give you one reason they can-and you've lost the argument...
...Easy Way. Today he has six flying schools, more than 300 private planes and some 35 freight-flying lines at his field. No matter how harebrained their plans, Wehran is willing to let the freight flyers set up shop at his field. Some ex-Navy pilots flew in a folding-wing torpedo bomber a fortnight ago. In delivering freight, they plan to fold the wings, run the plane through the streets to their destination...
Before long, Teterboro will have a new $1,000,000 freight terminal building, with refrigerated warehouses, maintenance shops for all types of planes and bunkrooms for pilots. Last year, Wehran made his first profit. This year, he expects to net $150,000. As a recipe for success, he could truthfully quip: "It's easy. Just go into partnership with Standard...