When traffic is light, rails become dull with rust. In the past four months bigger trains and more of them have polished up the rails of all U. S. carriers. Weekly car-loadings have run as high as 29% above last year and many an operating deficit has changed to a profit. In the last reported week New York Central loaded 109,000 freight cars against 75,000 twelve months ago. Its June operating income was more than 2,000% above the year beforeĀ$4, 384,000 against $192,000. Average June operating income for the first 75 roads to...
To continue reading:
or
Log-In
