L&D PREVENTION: THE TREND IS RIGHT FOR RAILROADS--AND FOR THEIR CUSTOMERS

Freight claim payout, which peaked at pretty close to $235 million in 1971 may show a drop to around $230 million when all the 1972 figures are in. The real cause for elation in L&D prevention offices across the nation would have to be the all-important ratio of L&D to revenues. At the end of the first nine months of 1972 that ratio had dipped to 1.80 ($1.80 paid out in claims for every $100 of freight revenues. Behind this sudden turn of events is the fact that railroads and the shippers are now doing a lot of things right on behalf of L&D prevention: evidence of improvement in materials handling and carloading methods, more specially-equipped box cars, increased use of piggyback, improved designs of cars for hauling automobiles and parts, better and more car cushioning, more effective load-restraining devices and a host of other equipment innovations. The role of the Government and of research are also discussed.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/1586268
• Corporate Authors:

  Simmons-Boardman Publishing Corporation

  P.O. Box 350
  Bristol, CT  United States  06010
• Publication Date: 1973-3-26

Media Info

• Features: Figures;
• Pagination: p. 14-16
• Serial:
  • Railway Age
  • Volume: 174
  • Issue Number: 6
  • Publisher: Simmons-Boardman Publishing Corporation
  • ISSN: 0033-8826
  • Serial URL: http://www.railwayage.com

Subject/Index Terms

• TRT Terms: Costs; Freight service; Loss and damage
• Subject Areas: Finance; Freight Transportation; Railroads;

Filing Info

• Accession Number: 00044086
• Record Type: Publication
• Source Agency: Railway Age
• Files: TRIS
• Created Date: Jun 15 1973 12:00AM