Word: freights
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Dates: during 1950-1959
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...Haven shows a $3,300,000 jump in operating income this year, de spite a $1,400,000 drop in passenger revenue. The improvement is at least partly the result of stepped-up freight service, e.g., interline piggyback service (a phrase that wryly amuses sardonic commuters), which was extended last week to the Midwest. The New Haven has laid 27,000 tons of new main-line track in 1955. But it has also shaved its maintenance bill. To maintain 3,200 miles of track and hundreds of bridges and stations, it spent $11,484,819 for the first eight months...
...military junta is only the most spectacular of the Kremlin's penetrations. Syria, Saudi Arabia, Lebanon and Afghanistan are considering similar offers. Last week Soviet commissars signed a treaty of friendship with Yemen and promised to support Libya for a seat in the U.N. The Hungarians are shipping freight cars to Egypt, Poland is wooing Ceylon. East Germany is at work on Lebanon. Czechoslovakia, the most advanced industrial nation in the Soviet orbit, spearheads the trade offensive. The Czechs are providing spare parts for guns to Afghanistan, trucks to Jordan, tractors to Sudan...
Danger in Egypt. The key to the Middle East is restless, revolutionary Egypt, and it is there that the Reds have worked hardest. Hungary is shipping the Egyptians between 50 and 90 locomotives and freight cars to go with them; Russian tankers have delivered the first of some 500,000 tons of Rumanian and Russian oil. The Kremlin has even offered to help build the giant new Aswan dam, which Premier Abdel Nasser believes his country must have or starve (Nasser has already signed up an English engineering firm to design the dam, but so far has been unable...
...FREIGHT-CAR SHORTAGE is finally forcing the railroads to step up car buying, but the steel shortage may delay deliveries until 1957. New York Central will embark on one of the biggest purchasing programs ever launched by a U.S. railroad. With orders already in for 3,200 cars costing some $23 million, Central will buy an additional 14,750 cars...
...began his railroading career in 1943 as an officer of National Carloading Corp., became its president (at 35) a year later. In 1946 he became assistant vice president of the Chesapeake & Ohio Railway, a year later vice president in charge of freight traffic...