Word: share
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Dates: during 1970-1979
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...more of the multibillion-dollar business of hauling seaborne international cargo. Since the early 1970s, the Soviets have raised havoc in international shipping conferences-cartels that fix rates on virtually every commodity and allocate cargoes-by cutting rates from 5% to 69%. They are gaining an ever increasing share of trade on lucrative routes, such as those across the North Atlantic and to and from the Far East and East Africa. On U.S. routes alone, the annual dollar value of Soviet-hauled trade has leaped from zero in 1971 to $2.7 billion, or 1.8% of total U.S. trade...
...rate shaving is hurting foreign lines much more than it is the U.S. merchant fleet, whose share of world commerce has long been dwindling anyway. Not surprisingly, condemnation of Soviet tactics is widespread among shipowners. In the U.S., James Barker, chairman of the Moore-McCormack Lines and head of the National Maritime Council, is livid. "In effect, the Soviets are dumping by their price cutting, while there is no serious coordinated policy in Washington," he charges. Managing Director Carl-Thomas Hubrich of the Deutsche Afrika-Linien in Hamburg laments: "We're still there, but our backs...
...trendy Bloomingdale's; Korvettes, Abraham & Straus and Alexander's, which cater to the traditional Macy's budget-type customer, pulled ahead with jazzy promotions. Macy's sales limped along and Wall Street analysts believe the store actually lost money in some years. It did not share in the growth of parent R.H. Macy & Co.'s 74 other stores around the U.S., which for the year ended last July 30 earned $53 million on sales of $1.7 billion. Worse still, the New York store was in a deteriorating part of the city: only two blocks away...
...driveway and back, the dogs surging around us as we move. Dogs are good, he tells us; they are the most loyal creatures in the world. He has had 9 children by two marriages; the oldest ones are around 50 and the youngest, whose room my brother and I share, is 18. None, except the two grandchildren, have come home for Thanksgiving, although they phone often and return on weekends regularly. Each time one child left the house, he replaced it with a dog or two. He doesn't mind his granddaughter coming home for the holiday, he tells...
...moratorium does not legally prevent Radcliffe from building the gym, residents hope Radcliffe will share their concern and not "simply concern itself with legalities," Riseman said...