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Word: railings (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...Maxi-Slcirt. Similar in design to smaller hovercraft already being used commercially in Britain (TIME, June 2), the SR.N4 is four times as big as any of its predecessors. When it goes into regular operation for British Rail between Dover and Boulogne, probably in August, it will carry more than 600 passengers-or 30 cars and 250 passengers. It will take only 30 or 35 minutes to cover the 30-mile cross-Channel route, and will reach speeds as high as 70 m.p.h. in calm seas...

Author: /time Magazine | Title: Technology: Success on a Cushion of Air | 2/16/1968 | See Source »

...desperately needed. Stuart Saunders, who became chairman and chief executive of the new Penn Central (TIME cover, Jan. 26), recently reported that the Pennsy's operating earnings for 1967 were off 68.7%, falling from $45,055,320 in 1966 to $14,091,593. Consolidated earnings, which covered non-rail activities, brought the total to $60,344,240, a drop of 33.2%. In the ailing railroad industry, that was not bad at all-and it seemed almost good compared with the Central's performance...

Author: /time Magazine | Title: Railroads: A Need for Profits | 2/9/1968 | See Source »

...have to merge in order to prosper. Saunders paid calls on Central directors, pointed out that their line, unlike the Pennsy, was not widely diversified; he warned that a dip in the general economy would cause the Central painful headaches. Last year's mini-recession proved Saunders right. Rail returns for the less diversified Central during the nine months figured so far showed a $2,640,000 deficit, while Pennsy earnings held up substantially better. Suddenly the Central's merger enthusiasm revived...

Author: /time Magazine | Title: Railroads: Toward the 21st Century Ltd. | 1/26/1968 | See Source »

...Says W. Graham Claytor Jr., new president of the Southern: "The railroads must press hard for the right to sell transportation, not railroad service. Then they must supply it in the most economical form suited to the customer's needs, including in many cases a combination of highway, rail, water and even air." Saunders enthusiastically agrees. "A transportation company," he says, "should be able to offer a customer every kind of shipping service...

Author: /time Magazine | Title: Railroads: Toward the 21st Century Ltd. | 1/26/1968 | See Source »

...increasing enterprise. The Great Northern, Northern Pacific, Union Pacific and Southern Pacific, among others, have opened sales offices in the Far East. The Pennsy, in turn, has opened offices in seven European cities. The aim is to build up a business in containerized shipments that can be handled by rail after they are unloaded from ships. The U.S. railroads are pushing to establish a "land bridge" service by which freight bound between the Far East and Europe would travel by ship to the U.S., go by rail across the country, and on ships again to its final destination. The savings...

Author: /time Magazine | Title: Railroads: Toward the 21st Century Ltd. | 1/26/1968 | See Source »

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