Word: freight
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...federal airspace and crashed into the White House two floors below the President's bedroom window at 1:49 a.m. Several federal agencies are furiously investigating the event, in which the 38-year-old pilot, Frank Eugene Corder, was killed. The Secret Service said this afternoon that Corder, a freight truck driver, had "a prior history of mental illness" and had been distraught over the death of his father and the recent breakup of his marriage. They don't believe he had directed the aircraft at Clinton. The President's reply: "We take this incident seriously because the White House...
Along the trade routes in Texas, small border towns are preparing to shed their sleepy roots, and they are getting in position for the new NAFTA era. Laredo is already a service hub, hosting scores of freight forwarders, customs brokers and other outfits that move cargo from country to country. The tide of commerce that passes through Texas starts much farther north, and so far this year it includes more than 20,000 American-made cars and trucks -- up from fewer than 4,000 last year. From January to June, U.S. exports to Mexico rose 17%, to $24.5 billion...
...alias, and she puts out her zine as she hitches rides in the boxcars of America's railway system. "I don't want anyone to know too much about it -- 'cause if they do, then people will think they're Jack London or Steinbeck. They'll go freight hopping and get their legs cut off. Please don't do it." Greta is not just worried about inspiring imitators. Her underground status also allows her to justify her unconventional publishing practices. "If you're mainstream, you can't steal postage. You can't plagiarize. You can't ditch bills...
...than Cyanamid's recent trading price, which made its shareholders the envy of Wall Street. Moreover, the staggering bid arrived while investors were still humming with reports that the Norfolk Southern railroad was in talks to acquire Conrail, once a sickly ward of the government but now a healthy freight hauler, in a deal that would create the second largest U.S. rail carrier...
...announced last month, would create the largest U.S. railroad. The force behind such consolidations is the growing strength of a railroad industry that for years watched truckers drive off with its business. The railroads have cut their payrolls nearly one-quarter since 1987, which helped lower costs and reduce freight charges. The resulting surge in business has boosted their profits. "These mergers are the railroads' way of saying that the enemy is not really one another," says James Higgins, who watches the industry for Brown Brothers Harriman. "The enemy is the highway and the truckers...