Word: freighting
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Dates: during 1940-1949
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...best hope for uniting the nations of Central America was the still uncompleted Inter-American highway. Binding together the five mountain-bound capitals, carrying goods and ideas as daily freight, it might win where a century of diplomacy had failed...
...modest. The market drop was far sharper than after World War I (see chart] because the shock of disillusionment in the "postwar boom" was greater. Biggest shocker: the Pennsylvania Railroad would lose money this year for the first time in its loo-year history, unless it got a 25% freight increase (estimated loss: $14,616,000 after carryback tax credit...
Britt, Iowa, hung its bunting out again last week; the hoboes were coming to town. They cannonballed from east & west, bedded down in the town park, the jungle under the railroad water tank, in freight cars. Scholarly Roger Payne, 72, and plump Polly Pep were exceptions. Payne slept in the school doorway; Polly, the only woman delegate to the bindle stiffs' first postwar convention, picked a haystack...
...only two weeks' supply of scrap on hand, might have to shut some mills soon. The biggest threat was a shortage of the railroad cars on which most of U.S. business rolls. Example: in Auburn, N.Y., International Harvester Co. was producing enough farm machinery to fill 45 freight cars a day, but only two empty cars a day were backing onto its sidings. The tremendous job of moving the bumper crops made the shortage worse. Millions of bushels of wheat were lying around on farms or spilling on the ground beside elevators (see cut) for lack of cars...
...nominal cost Schenley bought 80% of southern California's 7,000,000-bushel surplus, hauled them to an old Army air field, dumped them on the runways, squashed them with rollers. The hot dry air absorbed most of the water out of them, cut the cost of freight to distilleries by thousands of dollars...