Word: freights
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Dates: during 1940-1949
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...unknown comfort, a far cry from the jolting realities of everyday railroad travel. The truth was that the U.S. citizen, in his capacity as a passenger, had generally been regarded by the railroads as a damn nuisance. Until very recent times, the railroads have been mainly interested in freight. Empire Builder Jim Hill, gloomily contemplating one of his Great Northern Railway's Limiteds, once remarked: "A passenger train is like the male teat-neither useful nor ornamental...
...special low export rate. During the war the nation's biggest export shipper was the Government; but its shipments never carried their foreign destination, and were often held for weeks at inland storage points to prevent port jams. Says the Government: it usually paid the full freight rate. For such "overcharges," Attorney General Tom Clark last week asked the Interstate Commerce Commission to make U.S. railroads refund "between $1 and $3 billion...
...Antwerp and Rotterdam. Some carry only a tenth of their cargo capacity, and many lose money on the run. But all the lines have the same idea: to entrench themselves for the day when the U.S.-Lowlands route may carry as much as 3,000,000 tons of freight a year between the U.S. and a restored Western Europe...
...boom began in World War II, when the river took some of the strain off the overworked railroads. The 40% postwar rise in rail freight rates was a greater spur. Now a ton of oil can be shipped on the river from Baton Rouge to Pittsburgh for $6.02 (compared to $12.62 by rail), a ton of steel from Chicago to Houston for $6.04 (compared...
Mississippi River traffic is booming as never before. The river's 6,600 boat-barge fleet has grown 20% since prewar, and this year will haul an estimated 150 million tons of freight (enough to fill 57,000 freight trains of 50 cars each). At an average $1.50 a ton, that means a record gross of some $225 million...