Word: freighting
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Dates: during 1960-1969
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...Carney Show (NBC, 8:30-9:30 p.m.). The versatile Carney is now a railroad employee ferrying freight-car barges (and strange cargo) across the Hudson River, in a script suggested by a Wolcott Gibbs short story. Color...
...modernize the road, Perlman is setting up an electronic control system for the major routes on the Central's 10,450 miles of track, has built three electronically automated freight yards. This year he plans construction of two more electronic yards, which cut switching time in half, speed shipments by as much as a day. Under Perlman, the Central has also introduced a coordinated rail-highway service that uses trailers and flatcars for specialized hauling...
...approval of Congress, which now restricts railroads from diversifying into other transportation fields. But Perlman is confident approval will come. As a step toward diversification, the Central has agreed to buy $5,000,000 worth of notes from the Flying Tiger Line, the nation's largest all-freight air carrier, hopes to coordinate a surface-air service...
What Bill Tunner wants is a fleet of swing-tailed jet aircraft that could lift fighting troops or 20 tons of freight nonstop over 4,000 miles. With a new type of big turboprop cargo plane that MATS wants to develop, Tunner says he could haul for 4? to 5? per ton-mile what now costs 23? on the C124 Globemasters. But MATS is in the sniping sights of the civil airlines, which last year got $85 million worth of business from MATS. (The total military business with the airlines last year, including movements of military people under travel orders...
WORKING CONTROL of American Export Lines, Inc. will be bought by U.S. Freight Co., biggest domestic freight forwarder, which will pay more than $9.4 million for 25% of American Export Lines stock now held by Mrs. Josephine Bay Paul, American Export chairman, and her husband, C. Michael Paul...