Word: freighting
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Dates: during 1960-1969
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...Skyhawks found the train in the morning, destroyed three boxcars, damaged 22 others, and reported a large secondary explosion that meant it was carrying ammunition or oil. About an hour later, more Skyhawks hit it with Bullpup missiles and bombs, knocked out the locomotive and four more freight cars, turned the track in front of it to noodles. Before sunset, the whole train was destroyed-and U.S. airmen had carried out 146 separate missions, a record for a single day over North Viet Nam. The record did not stand for long. By week's end, U.S. airmen had racked...
...Puerto Rico hotels fell 25% below normal; some Miami Beach hotels, shops and restaurants were half empty. American Express reported a sharp drop in travel bookings for the fall and winter. California flower growers, source of a quarter of the nation's floral supply, and dependent on air freight to deliver their fragile crop, lost $1,000,000 a week in sales to out-of-state customers...
...acquiring 85% of Holland's West-Friesland Eurotransport, Inc. West-Friesland is losing money-as Taylor predicted it would for at least five years. The other adjustments involved the bankrupt Yale Express System, which was being managed by DC, and West Coast Fast Freight, which is now under DC management...
...strike by 35,400 members of the International Association of Machinists grounded carriers that fly 61½% of all U.S. airline passenger-miles, carry 70% of the nation's air mail, 73% of its air freight. At the behest of the Civil Aeronautics Board, six other trunk carriers and 13 regional airlines feverishly reshuffled schedules and added what extra flights they could to meet the demand for seats...
...reasons are several. Competition from abroad has eased, as U.S. steelmakers have improved their production techniques. Other steel consumers have moved in where autos used to reign. Example: Railroads plan to build 90,-000 new freight cars this year, against about 65,000 in 1965. In smaller measure, the steel industry is benefiting from an all-out drive to use its products as substitutes for copper, in everything from plumbing to refrigerator tubing. Reason: copper prices have been driven sky-high by copper-rich countries, such as Chile and Zambia, cashing in on a world shortage...