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:
  • Corporate Authors:

    Simmons-Boardman Publishing Corporation

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

Media Info

  • Features: Figures;
  • Pagination: p. 14-16
  • Serial:

Subject/Index Terms

Filing Info

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