Word: freighting
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Dates: during 1950-1959
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PACIFIC Intermountain Express Co. (TIME, Jan. 2, 1950) expects to jump from eighth to first place among U.S. truckers if a deal to buy West Coast Fast Freight, Inc. is okayed by the I.C.C. With a combined fleet of more than 3,000 trucks, operating between Chicago and the West Coast, P.I.E. expects the companies' combined gross to hit $45 million this year, $4,600,000 more than the No. 1 U.S. trucker, Associated Transport, Inc., took in last year...
...this much food, every five acres of U.S. land must produce as much as six acres today-creating a tremendous need for more tractors, fertilizer, soil conditioners and other means of increasing food production. Millions of new houses, telephones, appliances and autos, plus more schools, railroad passenger cars and freight cars, will be needed. Government experts estimate a minimum need of 1,400,000 new or rebuilt housing units a year for the next decade, just to keep abreast of growth. Many of the houses themselves will have to be bigger, for the size of families is increasing (the number...
...TIME did not use a limited figure, but one for all freight, supplied by the U.S. Bureau of Roads for 1951, the latest statistics available. The bureau took the total tonnage of each carrier (e.g., trucks, boats and railroads) and multiplied it by the miles carried, thus got a comparative ton-mile figure for all carriers for all freight. On this basis, railroads totted up 672 billion ton-miles, river and harbor boats 182 billion ton-miles, and trucks 152 billion, or 15% of the total...
Coal has been priced out of its market by: 1) rising freight and materials charges and 2) a never-ending series of wage boosts gained by John L. Lewis' United Mine Workers. Since World War II ended, the mineworkers have won wage and welfare increases totaling $9.32 a day. Their average daily wage of $19.67 is the highest in big U.S. industry (auto and steel workers get $16.80). Even on a short week, their take-home pay stacks up well...
Tough as coal's problems are, they are not insurmountable. High freight costs can be reduced by technology. As long as four years ago, for example, Ohio's Riverlake Belt Conveyor Lines, Inc. was ready to spend $210 million on a 130-mile overhead conveyor belt to carry coal from Ohio River mines to West Virginia, Ohio and Pennsylvania steel plants, thus cut freight costs in half. But the required state legislation has not yet been passed. Coal can be transported in other ways, e.g., by converting it into electricity near the mine site, by converting it into...