Book Description

Excerpt from 68th Annual Report of the Interstate Commerce Commission: November 1, 1954 On the other hand, a great modernization program, employing many advances in technology, has been in progress in nearly all areas of transportation, and carriers, especially the railroads and motor common carriers of general freight, needed as great a volume of traffic as possible in order to reap the maximum advantage in lower unit costs which the new facilities made possible and to support the invest ments so made. High costs, particularly for retail types of traffic, the large passenger-train service deficit, the continued unsatisfactory condition of certain branches of water transportation, uncertainties as to future labor costs, high levels of taxes, and far-reaching inter agency competition were only some of the problems of a continuing nature. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.