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Railway Age 1978 November 27 Budget planning Iowa grain shippers help
Railway Age November 27 1978 Vol 179 No 22
CONTENTS
FEATURES
26 Budget planning 1979: Capital investment in railroad freight equipment and fixed plant will be at an all-time record high of $5 billion in 1979,- up 25% from this year, a Railway Age survey of both buyers and builders indicates. Freight-car construction atone could be a $3-billion item, provided a severe shortage of castings can be averted by imports. Locomotive builders will be working at capacity. And roadway capital spending could hit $1 billion for the first time.
34 Iowa grain shippers help themselves by helping railroads Elevator operators (and their state) give railroads interest-free loans to upgrade their branch-line tracks; the improvements pay the shippers dividends in expanded markets and higher prices for their grain.
44 A new way to measure railroad performance-and what it shows A well-known authority on railroad finances explains a new approach to performance analysis and suggests that if rail managers continue to succumb to dividend pressures, the railroads will eventually stagnate.
NEWS
4 Short and Significant
10 Chessie and SCLI: A successful courtship
12 Watching Washington
12 ICC: A way to beat Old Man Winter?
15 CN expands training facility
70 The Railroad Market
COMMENT
3 Inside
18 Lines on Labor
DEPARTMENTS
70 Carloadings
64 Industrial Traffic
66 Letters
76 New Literature
52 100 Years Ago
54 People in the News
76 Products Report
62 Suppliers
75 Guide to Advertising
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