Word: freight
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Though Sandburg's "hog butcher for the world'' is no more (many of the slaughterhouses have moved out), Chicago remains a mercantile and industrial center for the nation. Its wholesale and retail trade runs better than $33 billion a year. The city handles more freight cars daily-26,000-than New York and St. Louis combined, boasts terminals for 20 rail lines. Its motor arteries are clogged by 800,000 truck trips daily. Its McCormick Place is the nation's biggest convention hall, plays host to organizations that spend more than $200 million a year...
...London. By feverish effort, he learned the tangled ramifications of world oil, emigrated to the U.S. in 1941. There, his talents won him a presidential citation for work as a wartime Government adviser. One achievement: pinpointing Nazi oil targets for the Air Force by tedious study of German railroad freight rate reductions. In postwar assignments he had a key role in charting U.S. oil policy, and opened his own one-man consulting service in 1949. His counsel has been sought by almost all major U.S. oil companies, including Caltex, Sinclair. Atlantic Refining and Socony, as well as by foreign firms...
...many a little town across the U.S., the basic economic resource was the railroad. Competition from trucks has made short-haul, small-load freight uneconomic for railroads, and many small-town stops have been abandoned. The Central of Georgia used to stop at Coffee Springs, Ala., and the town made a living by ginning and shipping cotton. But the railroad ripped out the tracks that ran through Coffee Springs, and today weeds grow in what used to be busy streets. "We're going nowhere," says a longtime Coffee Springs resident. "There's nowhere we want to go." Similarly...
...their biggest boost from the steady spread of suburbia, which has created a need for more and more light and compact delivery trucks; last year such trucks accounted for three-fourths of all truck sales. Other segments of the industry are also growing fast. The share of long-distance freight transported by truck has risen to 23% from less than 10% 20 years ago, a trend that means a growing market for heavy-duty haulers. The healthy construction industry and the federal highway program increase the demand for big trucks...
...best a point of academic interest last week. A four-week-old strike by the International Longshoremen's Association had laid off 62,000 dockworkers from Maine to Texas, left 600 ships lying useless at anchor in Atlantic and Gulf Coast ports, and backed up some 14,000 freight cars under a pier embargo...