Word: freights
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Dates: during 1950-1959
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...workers, members of 15 non-operating unions (clerks, signalmen, freight handlers, etc.), had asked for a 25?-an-hour boost, retroactive to Dec. 1. The railroads met them half way with 12½, but wanted it retroactive only to March 1. The final agreement, engineered by Presidential Assistant John Steelman: 12½ retroactive...
Murphy, on the receiving end of punches that blackened Matthews' fists and swelled them to almost twice normal size, confirmed the fact that Harry had certainly learned the knack, whatever it is. Said Murphy: "He's terrific. It's like being hit with a freight train." Matthews, a lantern-jawed ex-G.I. with a wife and two children, takes a serious pride in his work. Says Hurley: "He works harder at it than any fighter I ever...
This direct approach has always made sense to Carrol Shanks. To get himself through school, he worked as a pipe fitter's helper, as a laborer in a brickyard, once bummed his way halfway across the U.S. in a freight car, taking odd jobs. He got an LL.B. from Columbia Law School in 1925, was hired by Prudential to help reorganize the bankrupt railroads in which the company had investments. Shanks later took over the job of employee relations, did so well that he was made executive vice president. He was made president of Prudential...
Ground Loops. Slick and his hard-flying airmen had turned the corner none too soon. Though they had proved they could drum up a lot of freight business-from 11 million ton-miles in 1946 to 26.4 million in 1949-they had trouble proving they could make it pay. Several times they had edged into the black only to groundloop into operating losses that totaled $2,440,000. If Earl Slick had not been able to tap his family's Texas oil millions, the airline probably would have cracked...
...tonnage soared from 2,900,000 ton-miles in June to almost 6,000,000 in December. Slick knows there may be plenty of bumps ahead, but thinks he has weathered the worst. "This business is just in its infancy," says he. "All the U.S. domestic air freight hauled last year amounted to only 172,500,000 ton-miles, yet CAB itself estimates the potential at 1 billion...