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Discipline and organization inside the shipyard were remarkable. Workers with red-and-white armbands were stationed at the gate, screening all who entered. Small trucks that normally haul shipbuilding materials shuttled back and forth with food and drink. Beneath a sign, THANK YOU FOR GOOD WORK, thousands of workers lounged and read a strike newspaper called Solidarity...

Author: /time Magazine | Title: World: Fervent Unity, and a Ban on Vodka | 9/8/1980 | See Source »

Even if it could get the coal out of the ground, however, the U.S. lacks the transportation network to move it rapidly and inexpensively. Coal already is piling up, waiting for barges, railroad cars or ships to carry it. Railroads haul 65% of coal, and the Department of Transportation estimates that the industry will have to spend about $12 billion by 1985 to replace ancient equipment and improve track roadbeds. Yet the railroads are reluctant to spend huge sums until they are certain that the demand for coal will remain strong. Says John Fishwick, president of the Norfolk & Western Railway...

Author: /time Magazine | Title: Business: Coal Mainly Stands and Waits | 9/1/1980 | See Source »

...short-term future is bleak; if the liberals sacrifice principle, they remain powerless. If they stand on principle, they fall on it as well, for Reagan will do his best, which may be pretty good, to dismantle every useful piece of government legislation ever passed. Over the longer haul, there may be slightly more promise for the liberal wing. Should Reagan win, liberals will consolidate; should Carter win, he must pass the presidency on in four years. It seems unlikely liberals will accept Walter Mondale as his successor, tainted as he is by his vigorous pimping for the president...

Author: By William E. Mckibben, | Title: Waiting for Lefty | 8/15/1980 | See Source »

Similarly, Air Florida, which three years ago was an everglade-hopping intrastate company, has selectively branched out on major long-haul flights, where it undersells the majors. Pacific Southwest Airlines, long noted as a low-cost carrier operating between San Francisco and Los Angeles, has taken advantage of deregulation to expand to Las Vegas. On this route, PSA is demonstrating that a well-run regional can undercut the price of auto travel, the historic enemy of the short-haul airline...

Author: /time Magazine | Title: Business: Fasten Your Seat Belts | 8/4/1980 | See Source »

Perhaps the most damaging effect of ICC controls was that they hindered competition. Companies trying to obtain the right to haul goods between one state and another had to face costly and exhausting ice hearings, where they were obliged to show that they would not hurt existing firms. Truckers already on the road naturally protested that they would suffer. Timothy Person, a black St. Louis mover of household goods, worked for nearly 30 years to have his company licensed to transport goods outside Missouri. Nine national carriers opposed him, but in February Person finally won a nationwide license...

Author: /time Magazine | Title: Business: The Open Road | 7/14/1980 | See Source »

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