Word: freights
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Dates: during 2000-2009
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...that advises minority shareholding groups, warns: "More than ever, you have to wonder about Eurotunnel's survival." It has been a slow, dark journey. Construction of the "Chunnel" took from 1987 to 1994 - a year longer than planned - and costs hit twice the initial forecast. Estimates for passenger and freight business were overly optimistic...
Despite a staid reputation, the top railroads have dramatically upgraded their technology. BNSF has been quietly investing nearly $275 million annually in new IT to stay competitive. Chief information officer Jeff Campbell says BNSF's network center astonishes visitors with its ballroom size and sophisticated monitors. "While freight cars and locomotives haven't changed in two decades," he says, "most people have not seen an ops center like ours, not even at NASA in Houston." Automated readers, located every 30 miles along the 33,000-mile system, scan the bar codes of passing cars and locomotives--basically the rail version...
...They marvel, he says, at technological innovations like BNSF's intermodal transport system, which moves containers from faraway ports to inland rail yards, where cranes can quickly off-load them for trucks to deliver to retail warehouses. BNSF, which handles one-fourth of the nation's rail freight, posted double-digit increases in its intermodal business in 2003, with revenues up nearly 11% and total cars up 12.6%, to 4 million...
Forget those traffic-clogged motorways: if you really want to see into Britain's soul, hire a narrow boat and putter gently along some of the country's 3,200 km of languorous waterways. Britain's 200-year-old canal system, once the country's most important method of freight transport, fell into disrepair by the 1960s as roads and rail transport took traffic away. But over the past 15 years, more than $935 million has been invested in canal restoration, so today visitors can rediscover the joys of a bygone pace of life in city and countryside alike...
Forget those traffic-clogged motorways: if you really want to see into Britain's soul, hire a narrow boat and putter gently along some of the country's 3,200 km of languorous waterways. Britain's 200-year-old canal system, once the country's most important method of freight transport, fell into disrepair by the 1960s as roads and rail transport took traffic away. But over the past 15 years, more than $935 million has been invested in canal restoration, so today visitors can rediscover the joys of a bygone pace of life in city and countryside alike. Canal...