Word: cargos
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Dates: during 1960-1969
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...course these three do have one unfortunate blemish: the modest population of their states. Despite their impressive records and obvious voter appeal at home, they have to work awfully hard for national attention-as do Oregon's Tom McCall and New Mexico's David Cargo, a pair of attractive Republican Governors elected last November...
What undoubtedly frustrates all the small-state Governors is the rise of California's Reagan. He took office at the same time as Cargo and McCall and now has a lifetime total of six months of governmental experience. Without any visible effort, he has become a major factor in 1968-conceivably the candidate, at the least a man with a big say at the convention...
...airline industry has soared far past the railroads in the passenger business, but so far it has been low and slow on freight. Of all cargo transported in the U.S., 43% is still carried on the rails, only 1% in the air (trucking gets 23%, shipping 15% and pipelines 18%). So it was a neat move last week when the Flying Tiger Line, the nation's biggest all-cargo airline, reached into railroading's highest corporate ranks to name Wayne M. Hoffman, 44, the No. 2 man at New York Central, as its new board chairman. In making...
...volunteer American pilots who flew for China early in World War II. Disbanded as a unit 25 years ago last week, most of the Tigers began ferrying supplies for the China National Aviation Corp., an enterprise that inspired one of them, Robert W. Prescott, to found his own U.S. cargo line...
With Prescott, now 54, still its president, Flying Tiger expects this year's revenue to reach a record $100 million. Nonetheless, the company's fortunes remain creased with uncertainty. For one thing, the fact that air cargo is much higher-priced than surface freight leaves it vulnerable to more severe effects of economic slowdowns. Making the business even more unpredictable is the heavy dependence on Government contracts. Flying Tiger's first big business came when it landed a six-month Government contract for hauls to Ja pan in 1946; later it profited in a major way from...