Word: norfolk
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Dates: during 1980-1989
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...Chicago Regional Transportation Authority, estimates that the decline in diesel-fuel prices could save his agency as much as $7 million in 1986. But for American railroads, the oil-price drop is a mixed blessing. The good news is that most U.S. freight trains are diesel powered; at Norfolk Southern Corp., in Norfolk, Va., for example, executives expect that saving from the decrease in diesel prices will be substantial. The bad news for Norfolk Southern is that some 35% to 40% of its freight is coal, and as oil prices have fallen, the volume of domestic coal traffic has begun...
...underline the law's value, civil RICO proponents point to cases like that of Barney and Donna Millsaps. Six years ago, a door-to-door salesman talked them into adding a room to their home in Norfolk, Va., assuring them loan payments would amount to no more than $50 a month. Instead, they wound up with a second mortgage and monthly payments of $148 for 15 years, a burden that strained their modest income until, less than a year later, they had lost their house. But the Millsapses along with eight other families that were hustled in the same scheme...
...carrier left its home port of Norfolk, Va., on October...
...considerably larger. A U.S. aircraft carrier displaces up to 90,000 tons and carries enough conventional firepower to level all the airfields in, say, Libya. Normally, the U.S. Sixth Fleet has at most two carriers in the Mediterranean, but soon there will be three. This week, the America leaves Norfolk, Va., to join the Saratoga and the Coral...
...Grass-roots organizations sometimes collide. Lobbyist Jack Albertine recently established the Coalition to Encourage Privatization. Its public policy purpose: to enable private enterprise to run services now performed by the Government. Its more immediate goal: to persuade Congress to sell Conrail to the Norfolk Southern railroad. In the meantime, Anne Wexler has been building the Coalition for a Competitive Conrail, a farm-dominated group pushing for Morgan Guaranty as the prospective purchaser...