Word: freight-car
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...foreigners had been allowed on the 2,300-mile stretch from Irkutsk to Khabarovsk, which runs straight through what is presumed to be Russia's new belt of atomic plants and missile sites. Presumably, by taking careful note of such clues as power lines, spur tracks and freight-car types, a trained military observer could get an excellent idea of precisely what kinds of installations were where. And presumably the four Western attachés did precisely that-and more...
...year, if only because the Supreme Court's ruling against featherbedding will lower labor costs. Traffic is also rising. So far this year, the roads have carried 5% more freight than in the same period of 1963, and shortages of rail cars are cropping up in some places. Freight-car makers are busier than at any time in the last six years, and their backlogs of unfilled orders for new cars are rising...
...coal industry itself began to talk of laying coal pipelines* to cut transporting costs, the railroads got busy improving their service. They modernized their equipment, studied the needs of the coal industry, began running fast, "unitized" freights of coal straight from mine to market, thus cutting much of the yard operations and interchanges that account for one-third the cost of all freight-car movements on eastern railroads. The eastern carriers only a month ago passed on their savings by cutting coal freight rates by a third, enabling coal companies to reduce delivery prices by 15%. In the first month...
...machine tools registered a sharp 49.9% rise in March over February's figure of $46 million. The increase underscored a McGraw-Hill survey indicating that industry had raised its sights on capital equipment expenditures for the year to $35.4 billion, only 1% less than in 1960. Railway freight-car loadings jumped for the fourth straight week. March retail sales soared to a record high of nearly $18 billion, up 2.6% over the previous record, set in March 1960, while the cost-of-living index held steady for the fifth month...
...July held steady at 109 -for the fourth month this year. Auto sales are headed for the best August since 1955, but the steel industry is chugging along at less than 55% of capacity and steelmen now foresee less of a September upturn than they had expected. Weekly freight-car loadings, a favorite of the indicator readers, offered few clues: they edged up 0.9% after a two-week decline. July retail sales dropped i% from June, but personal income in July hit a record annual rate of $407 billion. Housing starts fell almost 10% in July from June levels...