Word: piggybacks
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...PIGGYBACK BOOM...
...steep, truck-clogged grade in California's Sierra Nevada moun tains, the Southern Pacific Railroad recently erected a sign: "Take the trucks off the highway. Put the trucks on piggyback." The railroad's sign symbolized a growing problem for the U.S. trucking industry. Piggybacking, which was originally envisioned as a happy marriage between trucks and railroads, has zoomed 180% (to some 210,000 carloadings annually) since 1954, and the outlook is for a $1 billion business by 1965. But so far, railroads have puffed off with most of the profits. Of 39 roads offering some form of piggyback...
...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...
...PIGGYBACK SHIPPING will get a big boost from the Office of Defense Mobilization. ODM has set an expansion goal of 25 "roll-on, roll-off" oceangoing vessels to be used to ferry either trailer trucks or railroad freight cars, will grant fast tax write-offs to firms building the ships until Dec. 31, 1956. Three shipping companies have already signed up to build five ships worth $14.5 million...
...PIGGYBACK TRANSPORT of truck trailers on railroad flatcars is working so well that Santa Fe and Chicago & North Western, which previously offered only limited service, will expand it greatly. Santa Fe is adding a Chicago-Kansas City run and a Los Angeles-San Diego service; Chicago & North Western will extend its Chicago-Milwaukee run to Minneapolis...