Word: freighting
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Dates: during 1940-1949
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...trouble began when the powerful semi-official National Federation of Coffee Growers of Colombia urged exporters to ship only on the eight vessels of the Great Colombia Fleet (Flotá Mercante Gran Colombiana). Coffee exporters were glad to go along; they did not like the recent 25% increase in freight rates by U.S. lines. Besides, like most Colombians, they are proud of the fleet, which began operations last spring (TIME, May 5) under the joint sponsorship of Colombia, Venezuela and Ecuador, to break what was regarded as a U.S. shipping monopoly. The Colombian Government has helped with exemption from income...
...thought that many of them were caused by the bungling of inexperienced SCAP supervisors. According to some traders, SCAP officials thumbed through Montgomery Ward and Sears, Roebuck catalogues, knocked off perhaps 10% for profit, announced the result as the world market price-giving not a thought to charges for freight, handling, duty, etc. that the foreign buyer would have to pay. A story making the rounds told of one SCAP official who handed a pair of gloves to his secretary, asked her, "What would you pay for that in New York?" He established her answer as the official price...
...after ICC granted the Pullman boosts, all U.S. railroads were at its door with a new request for freight increases- needed, they said, to make up for a 15½?-an-hour wage raise to 1,000,000 employees. The railroads, which had asked ICC in July to increase rates an average of 16.7%, now asked that this be raised to 27%. The proposed new rates would cost the nation's shippers...
...effort by some airlines to attract more aerial freight cargo, United, American, and Pennsylvania-Central last week were pressing the Civil Aeronautics Board for permission to reduce their freight rates on a number of commodities an average of 33⅓%, putting them just a few cents higher than those on railway express...
...Young was rapped himself last week by the Office of Defense Transportation. In nationwide advertising last month, Young had cried that some railroads, particularly those with routes between Chicago and California, deliberately slow down freight trains by mutual agreement to eliminate competition. Replied ODT: in the first half of 1947, all Western roads maintained faster freight-train speeds than Young's C. & O. Countered Young: "Statistical lies," inspired by the prejudiced ICC, of which ODT Director J. Monroe Johnson is a member...