Word: rails
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Dates: during 1960-1969
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...thrust has come from the airlines' aggressive selling of what Delta Executive Vice President Thomas Miller calls "the total-distribution-by-air concept." Because of cheaper insurance, lighter crating, fewer warehouse charges and, most important, jet-quick delivery, air freight is often less costly than water, rail or road transport-even though air rates are considerably higher. Using air shipment for most of its electronics products, increasingly diversified Raytheon has cut delivery time from ten to twelve days to 48 to 72 hours-and therefore is selling off its field warehouses in the bargain. Sears now supplies its Honolulu...
...railroads, New York Central President Alfred Perlman once explained that for years they had endured the lash of critics who "thought the industry was like the dodo bird-with its head where its tail feathers ought to be." Until recently, the critics seemed to be right. Standpat thinking smothered rail progress for most of the first four decades of the century, while autos, trucks and air travel nibbled away at the railroads' markets. Belatedly realizing that one track that led to greater efficiency was merger, the railroads since 1956 have persuaded the Interstate Commerce Commission to approve 26 mergers...
...railroads are promoting piggyback delivery of truck trailers, adopting computer-controlled operations and bookkeeping, devising special-purpose cars to win back shippers. Multilevel auto-rack cars, for instance, have enabled railroads to regain $100 million of motorcar hauling lost to trucks, while saving automakers $200 million. A few rail lines are even making a bid for passengers. Though two of his routes run parallel to new expressways, Chairman Ben Heineman gambled $50 million on modernizing the Chicago and North Western's commuter service-and won. Patronage is now climbing by 5% a year, and commuter profits this year should...
Whatever future awaits long-distance trains, the rail is being considered a possible solution to the worsening problem of getting people in and out of big cities with dispatch, efficiency and safety. While one lane of a freeway can move only 2,400 persons an hour past a given point, a train can move 30,000. To encourage a revival of mass transit by rail, the Government gave the movement a nudge in 1961 with a law that henceforward mass transportation must be considered a part of city planning. With close to $200 million of loans and grants, Washington...
...year ago, Mireille Mathieu was just another unknown teen-ager trying her luck on a French TV show called The Game of Chance, an amateur tal ent contest sandwiched between the halves of a rugby match. Standing rigid as a rail, she sang one two-minute song, but it was enough to send a shock wave of recognition through thousands of viewers. That vibrant power, that haunting, husky throb. It was Edith Piaf reincarnate. Even her birdlike dimensions-4 ft. 10 in., 90 Ibs.-matched Piaf's precisely...