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Conrail #251367

CBS Evening News for Friday, Apr 01, 1977
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(Studio) Federal judge in Philadelphia extends order barring strike by Conrail workers till May 3.
REPORTER: Walter Cronkite

(Newark, New Jersey) Conrail spent 1st year just getting self going. [Conrail chairperson Edward JORDAN - says losses railroad incurred in 9-mo. period is $90 million less that United States Railway Association projected.] RR's move to modernize noted; General Motors Corporation says service better and more reliable now. But for small businesses on branch lines there may be problems because railroad loses money there. Whitacre and Greer brickyard on Waynesburg, Ohio, branch noted. [John WHITACRE - says they can't exist that way for long, because can't remain competitive and pass cost to customer.] Even with problems, Conrail has had success.
REPORTER: Gary Shepard

Reporter(s):
Cronkite, Walter;
Shepard, Gary
Duration:
00:02:50

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