Word: rails
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Dates: during 1960-1969
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...will probably take about a year. The merger has been opposed by the Justice Department (though ICC decisions are immune from antitrust prosecution), by several states and by some stockholders, but the recent record shows that the ICC usually follows its examiners' recommendations. It has approved six other rail mergers in the last five years and rejected none, seems wisely determined to regroup competition-pressed U.S. roads into a hardier handful of regional superroads...
Across paddyfields, through mountains and over highways last week streaked the world's fastest long-haul train, slithering like an ivory worm along the 320 miles of rail between Tokyo and Osaka. For the first full test run of Japan's $1 billion New Tokaido Line, the super-express Hikari averaged 80 m.p.h. and often went as high as 125 m.p.h. Crowds waved and cheered, highway traffic stopped to watch, and planes of newsmen circled overhead. Japan was greeting not only a new rail service but a symbol of the nation's postwar industrial growth...
...with new ideas, new systems and new equipment. Last week American Machine & Foundry announced that 18 U.S. cities are considering elevated monorail systems. Pittsburgh is building a one-mile experimental "skybus" expressway over which remote-control trains of rubber-tired buses will be guided by an I-shaped center rail. And the President fortnight ago ordered the Commerce Department to study plans for a high speed (about 150 m.p.h.) rail service along the 380-mile "megalopolis" between Boston and Washington. It would cut rail time from 8½ hours to four...
...boomlet has come chiefly from the five big U.S. cities that still have rapid rail transit: New York, Chicago, Boston, Cleveland and Philadelphia. But Atlanta and Washington, D.C., are planning new systems, Philadelphia is already engineering one, and even Los Angeles is toying with the idea. San Francisco, having broken ground for a three-county, $925 million system - the nation's biggest in more than half a century - is testing four systems of computer-controlled train operation proposed by General Electric, Westinghouse Electric, Westinghouse Air Brake and General Signal. With all this going on, industry experts predict that annual...
...Pushed to spread out and diversify by Chairman Courtlandt Gross, company engineers are building a $12 million dam in Wyoming, have developed a monorail system to relieve weary pedestrians at large airports and shopping centers, and are designing shipping containers that can be used interchangeably in truck, rail, sea and air transport. Lockheed is also working on a 300-ton hydrofoil vessel for the Navy, designing a shell-shaped undersea workboat that will carry a crew around the ocean floor in search of oil and minerals, and perfecting an emergency system that will use solid-propellant gas generators to expel...