Word: regain
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Despite the all-out opposition of James Hoffa's Teamsters Union, U.S. railroads last week won a crucial battle in their campaign to regain some of the business they have lost to the trucking industry. By a vote of 10 to 1, the Interstate Commerce Commission ruled that the railroads could offer cut rates on piggybacking-the carrying of freight-loaded truck bodies on railroad flatcars-in cases where the shipper himself provides either the trailer or trailer and flatcar...
Even before the ruling, piggybacking volume had trebled since 1955. While other carloadings were declining, there were 554,000 flatcar piggyback trips last year. Barring a reversal in the courts, the new decision should enable the railroads to regain a substantial percentage of the nation's freight business. Railroad men see almost unlimited possibilities for a sensible idea with the awkward name of "containerization"-moving a sealed cargo container from door to door without any repackaging of its contents. Though the Teamsters charge that piggybacking is designed to destroy the trucking industry entirely, the railroads are already cooperating with...
...more abruptly than it began, the Kennedy criticism was drowned in the thunder of cheers that ac companied Astronaut Alan B. Shepard Jr. on the U.S.'s first successful manned flight into space (see SCIENCE). In the reflected glory of this accomplishment, the beleaguered President could hope to regain some of his lost prestige...
Putting their fingers to the wind, after first running their eyes up and down the latest charts, Government economists last week set the date when they expect the recovering economy to regain its former peak: the end of August. If their calculations are right, the recovery would be one of the swiftest in recent U.S. history, following a recession that already ranks (in percentage of decline) as the mildest. Measured by the Federal Reserve Board index of industrial production, recoveries to pre-recession highs since 1919 have taken between five months and 17 months (see chart). If the present recession...
...last three games the Crimson pitching seems to have righted itself. If Garibaldi can regain his early-season form today, and the hitters keep it up, the Crimson will be trouble for the rest of the season...