Word: shippers
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...campaign to regain some of the business they have lost to the trucking industry. By a vote of 10 to 1, the Interstate Commerce Commission ruled that the railroads could offer cut rates on piggybacking-the carrying of freight-loaded truck bodies on railroad flatcars-in cases where the shipper himself provides either the trailer or trailer and flatcar...
...Government charged that G.M. used its position as a major U.S. shipper of goods to coerce railroads into buying G.M. equipment, had even gone so far as to threaten the Gulf, Mobile & Ohio Railroad that certain traffic would be diverted to lines that had bought more G.M. locomotives. The trustbusters also contended that G.M. at times sold locomotives at a loss to win a sale. As a result, charged the Government, two of G.M.'s chief competitors-Fairbanks, Morse & Co. and Baldwin-Lima-Hamilton Corp.-have been forced out of the field, and G.M. has cornered...
Athina ("Tina") Onassis, 29, sued Shipper-Dealer Aristotle Socrates Onassis, 53, for divorce in Manhattan. She availed herself of New York's restrictive laws on divorce grounds to invoke the untidy one of adultery, named one "Mrs. J.R." as corespondent. To Tycoon Onassis, Tina's legal blockbuster came as a "surprise." For Soprano Maria Callas, 36,, for weeks in print as a friend of Onassis, and separated from Italian Industrialist Giovanni Battista Meneghini, the suit triggered a quick conference with Onassis in Monte Carlo. Then Maria flew back to her villa in Milan, pleading innocence...
Last week the German press lifted the well-kept secret of the Hanseatic's financial backers, revealed that the Hamburg-Atlantic Line is 60% owned by Greek Shipper Nicos Vernicos-Eugenides, president of Home Lines, one of the world's biggest transatlantic carriers, and 40% owned by wealthy German Cigarette Maker Philipp F. Reemtsma. Vernicos and Reemtsma put up $2,400,000 of their own money, borrowed the rest from German banks, got the big Hamburg-American Line (which has 41 freighters, one passenger ship) to manage the Hanseatic. In a poll of transatlantic traffic, they discovered...
...week a young mother walked into the newly opened Rollins Charge-A-Car Co., put down $12 and rented a baby buggy for three months. In San Francisco a businessman was negotiating to rent two four-engined planes, worth $4,500,000, through Commercial-Pacific Corp. In Pittsburgh a shipper was dickering with National Equipment Leasing Corp. to rent a 15-tanker fleet costing $126 million. On land, sea and air there is a nationwide boom in equipment leasing, and rental companies are sprouting across the U.S. to supply everything from oil barges to a fleet of diesel engines...