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Railway Age Weekly 1958 Sept 8 Men who build the future of Canadian Railroads
Railway Age Weekly 1958 Sept 8 Men who build the future of Canadian Railroads
82 pages
Transportation Act under attack P. 9
The state of New Jersey-in an effort to halt discontinuance of Hudson River ferry service by the New York Central and Erie-has challenged the constitutionality of the new law's interstate service abandonments provision. The outcome could have broad implications for all passenger-carrying roads.
Chicago terminal survey expanded p.76
New study looks toward consolidation of five stations into two-if it is found feasible from engineering and economic standpoints.
Short and Significant
An upturn in freight car orders . . .
is anticipated by ACF President James F. Clark. "We look for a gradual rather than a quick return to profitable operations," Mr. Clark told ACF stockholders at the company's annual meeting. "Knowing that placement of railroad car orders traditionally trails a general business upturn by about six months, we now look for a revival of interest in new railroad cars in the fourth quarter of the calendar year. It is possible that such orders could result in shipments of new cars within our fiscal year."
LIRR is slashing carload rates . . .
on Long Island potatoes virtually in half-from an average $93.60 a car to a flat $50 a car-in an effort to reduce its reliance on passenger business. An LIRR spokesman said the new bargain
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