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Rumors abound that the pride of the merchant fleet, the United States, will be mothballed at the end of the year, when its annual Government subsidy of about $12 million runs...

Author: /time Magazine | Title: Shipping: Requiem for Heavyweights | 10/24/1969 | See Source »

...ships "designed for production, not as works of art." Though Gibson agreed with the proposition that efficient ships can compete internationally without an operating subsidy, he admitted that the end of Government aid was far away. Last year the Government spent $206 million to subsidize the merchant fleet...

Author: /time Magazine | Title: Shipping: Requiem for Heavyweights | 10/24/1969 | See Source »

...still a lot of military people," says Bernard Ruskin, an official of the National Maritime Union, "who think that a ship like the United States, which can carry a full division and can outrun any submarine, ought to be kept up." But after taking account of its huge fleet of transport planes, the Defense Department announced several years ago that it had no need for passenger ships to carry troops...

Author: /time Magazine | Title: Shipping: Requiem for Heavyweights | 10/24/1969 | See Source »

...system has not solved a key problem: the bulky gas cylinders require most of a car's trunk space. The $300 charge for converting a car to natural gas is also likely,to deter all but ardent conservationists.'Still, the prospect of greater operating economy could attract fleet owners, start mass production, and eventually lower the conversion charge. If all U.S. vehicles ran on natural gas, its advocates claim, smog could be reduced by as much...

Author: /time Magazine | Title: Air Pollution: Toward a Cleaner Car | 10/17/1969 | See Source »

...military communications, founded an electronics company that recorded $1,500,000 in sales last year. Another ex-colonel, Arieh Shachar, took over the money-losing government trucking company called Mifalei Tovala, promising to turn a profit within a year or close down the company. He replaced its ancient fleet of trucks and fired 70% of the headquarters staff, starting at the top "to show the workers that the reforms were just." Shachar also negotiated a new labor contract that increased the drivers' work hours by 15%, with no raise in pay; he accomplished that by holding out an offer...

Author: /time Magazine | Title: Israel: The Generals Mean Business | 10/17/1969 | See Source »

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