Word: freights
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Dates: during 1950-1959
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...Buffalo last week, General Mills temporarily closed down the world's largest flour mill (3,700,000 Ibs. daily). For lack of freight cars, the company was unable to ship its flour to market. The shortage also hit grain shippers in the Grain sit where old-crop wheat was piling up-one Colorado town with 300 carloads to move could get only 30 cars. The Association of American Railroads said that the U.S. was facing the worst shortage of freight cars in railroading history
Worse still, though Washington's defense planners had set the country's needs at 10,000 new freight cars a month, car-builders had failed to step up production to that rate. Only 5,800 cars were delivered in January, less than 7,000 in February. As a result, NPA, which had allocated car-builders 310,000 tons of steel monthly, cut the allocation 7%, or enough tor about 9,300 cars a month. NPA said it would increase the allocation when car-builders use all the steel they are getting...
Hard-driving Texan Slick was not merely talking Texas-style. Last week, he reported that in 1950 his all-freight airline finally got over the hump, had a $506,608 profit after taxes. It was the first year Slick had been out of the red since he and his fellow pilots from the Air Transport Command started the shoestring line in 1946 (TIME, Jan. 28, 1946). Moreover, they had hauled almost twice as much freight as the year before-45,318,000 ton-miles, 26% of all U.S. air cargo and far more than Slick's closest rival, huge...
South and west of New York City, the Jersey Meadows stretch desolately. On the flat, salt-soaked tidelands, the reed grass is sharp-edged and bitter, and around its roots, the soot is thick in the spongy soil. Freight trains chuff across the flatlands; across them, too, each day, rumble the gritty, hard-seated trains of the Jersey Central and the prosperous Pennsylvania's Bay Head line, carrying commuters to the trim farms and tidy suburbs of New Jersey's shore towns...
...PENNSYLVANIA RAILROAD Co., which ordered during the year more than 20,000 new freight cars, earned $38.4 million, more than treble 1949's profits, and the best since...