Word: returns
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Dates: during 1970-1979
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...visiting the U.S., even though Washington had already arranged special security measures for him at the Palm Springs, Calif., estate of Millionaire Publisher Walter H. Annenberg. One reason given was that the Shah wanted to stay near Iran until the consequences of the Ayatullah Khomeini's return home became clear; if events went against the Shah, he might then take up residence somewhere in Europe. Privately, the Shah fears that he might be treated in the U.S. as a rich refugee rather than a visiting head of state. He also believes that he would be politically compromised by fleeing...
...antitrust exemption granted by Congress in 1948 truckers have been allowed to set their own rates, and they have prospered greatly. Indeed, over the past eight years the eight largest truck lines have earned an average of more than 20% a year on shareholders' equity, a return higher than that enjoyed by the leading firms in such high-profit industries as oil refining, auto, drug and computer manufacturing...
...Neal has been moving to dismantle this structure. The ice has abolished a rule preventing companies that haul their own goods-Sears or Safeway, for example-from picking up cargo from other shippers. Partly because this rule forced company trucks to return empty from hauls between warehouse and factory or store, one of every ten truck-miles driven in the U.S. has been "deadheaded." O'Neal has further decreed that organizers of a new truck line need prove only that they will "serve a useful public purpose" to be allowed to operate. He has also scrapped an ancient...
Most important, the ICC last fall turned down a rate increase proposed by the southern trucking conference that would have allowed the lines involved a 23.96% annual profit on stockholders' equity, and approved one that will hold the return to 14.78%. Its reasoning: truckers should not get a return greater than the average for manufacturers. That ruling is still sending shock waves through the industry, and O'Neal expects a lawsuit over it. Undaunted, he wants to set maximum and minimum charges and within those limits allow truckers to post any rates dictated by competition...
...brought in on a trial basis If stocks are still not being rebuilt, rationing would be imposed. Each car owner would be sent ration checks every three months specifying the number of gallons he could buy. The checks could be turned in at banks or other financial institutions in return for coupons that would have to be handed over at gas stations. The coupons might also be sold openly for whatever someone is willing to pay for them thus allowing drivers to get extra gasoline without having to ask DOE for special dispensations...