Word: railroadmen
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...train pulls out past the Santa Fe's year-old Argentine sorting yard, equipped with one IBM System 360 Model 30 and two Honeywell DDP-516 computers, which have speeded up car movements through the yard by about 50%. Two delegations of Japanese railroadmen have inspected the new yard, and one print of a Santa Fe film about Argentine even has a soundtrack in Japanese...
...able to couple electrically with those of the other. They have plans under way to alter freight yards, lay necessary connecting tracks and mesh services at major passenger stations. Few of the plans involve improvements in service for hapless passengers. The only solution there, as far as most railroadmen are concerned, is to take them off the trains altogether...
...strike has already dealt the U.S. economy a $2.2 billion blow-$67 million for each day of the strike. Commerce Secretary Connor estimated that 191,000 workers were idled by the strike: not only the 60,000 striking longshoremen, but 38,000 seamen and other maritime workers, 45,000 railroadmen, 48,000 truckers. With 855 ships tied up, U.S. ocean shippers were deprived of 161 million tons of freight. The nation's strangled lines of trade also cost highway carriers 9,000,000 tons of business, railways 7,000,000 tons, and inland waterways 500,000. With exports...
...Railroadmen aim at having on hand the equivalent of the number of boxcars they own, even though they may be someone else's. They use a "percentage of equivalent ownership" to show their boxcar wealth, worry when equivalence drops below 90%. While such Eastern roads as the Pennsylvania had a 137.4% rate in March, the New Haven 164.8%, and the Reading 182.2%, many Western roads were clearly suffering: the Burlington had only 66.6%, the Northern Pacific 62.3%, the Great Northern...
...fall in auto sales. Building permits for new housing, which rose last winter to foretell this spring's burst of construction activity, are now trailing off. Railroad carloadings-often considered a key index of business activity-ran below last year's levels for most of June, and railroadmen look for July's seasonal decline to be worse than usual...