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Railway Age Weekly 1963 January 21 Suit seeks to force sale of EMD by GM UP Head
Railway Age Weekly January 21, 1963
CONTENTS
1963's big battles: 'three vital fronts'
Work rules, mergers, and legislation will be the principal combat zones in the railroads' fight for modernization this year, AAR President Loomis said last week p.9
Suit seeks to force sale of EMD by GM
The Justice Department has filed a civil anti-trust action based on allegations of monopoly similar to those charged in a still-pending 1961 criminal proceeding against GMp.11
Circular terminal eases REA task
REA reports it has had fewer misroutings of shipments and that loss and damage has been reduced since the new facility was opened at Savannah, Ga. p.13
Aluminum cuts weight of UP headend cars
The cars-costing $6.5 million-have just been placed in service. Built by St. Louis Car, they are made of aluminum from the floor up, except for collision and bolster postsp.16
New P-S hatch car speeds grain flow
The newly designed covered hopper is equipped with a single trough hatch, instead of conventional individual hatches, to facilitate uninterrupted loading p.19
MP spray system cleans locomotives fast
The system, in the road's North Little Rock, Ark., shops, takes only 2.5 minutes to clean a four-unit locomotive. Similar washers are to be installed at St. Louis and Kansas City. p.20
ORC&B Demands 100% pay raise from EJ&E
The road's conductors also are pressing for a basic four-hour day and triple pay for overtime, meanwhile admitting the demands are "outlandish" p.33
The Action Page-Poison in the water supply
Railroad poverty, despite statements to the contrary by the Railway Labor Executives Association, is a wasting disease afflicting fully half the nations railroads p.38
Alco is set to produce diesel-hydraulics ...
with a reported initial order for three units for SP. Hydraulics now operating in the U. S. are German-built, but domestic-builder interest had been noted (RA, Nov. 5, 1962, p. 9).
Failure to include the New Haven ...
in a PRR-NYC merger would prevent the road's reorganization and require its liquidation or nationalization, New Haven is expected to contend at ICC hearings next month.
Oregon railroads ...
will fight this year for elimination of a 50-year-old law requiring six-man crews for most freight trains. Repeal of the law would cut labor costs $1.75 million a year.
B&O has reported 1962 net income . . .
of $1,606,700 contrasted with a 1961 deficit of $31,347,341, the best improvement so far announced by any railroad. Operating ratio of 77.66% was B&O's best since 1944.
Union Pacific has given its blessing . . .
to Illinois Central's plan to sell itself to Illinois Central Industries, Inc., in a move designed to permit more diversified operations. UP is IC's largest single stockholder.
American Trucking Association ...
wants Congress to freeze mergers and investigate railroad finances. It says minimum-rate legislation is sought by rails on the basis of claimed financial peril.
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