Word: freighting
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Dates: during 1950-1959
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...result, though few truckers are being hurt yet, the industry wonders if piggybacking might not eventually do it more harm than good. Says W. Stanhaus, president of Spector Freight System, Inc., which operates some 1,700 tractors and trailers: "Some roads have been prone to discourage cooperation, provide an exclusive service of their own, engage in public relations and power politics campaigns that would indicate that they are primarily interested in the elimination of all forms of competition...
Many railroads are frank to admit that they are out to dominate piggybacking, argue that it is a matter of economic necessity. From 1939 to 1954, the railroads' share of intercity freight slumped from 63% to less than 50%, while the truckers' share jumped from 10% to 19%. Now, with the help of piggybacking, the roads hope to win back lost ground. Last year truck business slipped to 17.7%, while railroads just about held their own. Says Southern Pacific's Assistant General Freight Agent Ray F. Robinson: "Ninetynine percent of our piggyback business is business we never...
...mile from their 30?-per-mile highway costs. By going piggyback, says the Rail-Trailer Co., which solicits business for the railroads, one New York-Chicago trucker was able to chop his trip costs so much that his profit margin quintupled. Eastern Motor Express, Cooper-Jarrett, Mid-States Freight Lines, Spector Freight System, and Denver Chicago Trucking Co. currently use piggyback for some 10% to 20% of all their long-haul trips. Kansas City's Riss & Co., one of the biggest U.S. truckers, ships 600 trailers weekly by piggyback. As a result, the line has laid off some...
...trouble, say truckers, is that piggyback's impressive savings may prove their undoing. They fear that while short-run profits may rise, piggybacking leaves the door open for railroads to steal away bigger and bigger chunks of the freight market with their own trailer fleets. Says the Pennsylvania Motor Truck Association, some of whose members look on piggybacking with a jaundiced eye: "Let's say the ABC trucking company operates a fleet of 1,000 power units and 1,500 trailers from the Midwest to the Eastern seaboard. Then the company decides to use piggyback. It disposes...
...recalled. "There were quite a few athletes in the course, and during the fall lots of them had injuries which forced them to use the elevator for getting to class. Paul used to pull them up. That's how he discovered it. Normally it was just used for freight...