Word: transport
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Dates: during 1980-1989
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Extensive air-transport service in and out of Miami International Airport has made that city a key jumping-off point for companies doing business in South America. In recent years, more than 100 multinational corporations, including Alcoa, Du Pont, Goodyear and Borden, have opened regional offices in nearby Coral Gables, a ten-minute drive from the airport...
...transport spurred the development of business in both Hawaii and Alaska and helped to open them to statehood. It also fueled the growth of Puerto Rico and made it a leading business center of the Caribbean...
...well as businesses by the tens of thousands, would suffer jolts aplenty if protracted and real chaos wrecked the smooth functioning of commercial aviation throughout the U.S. Says Robert Joedicke, an airlines industry expert with New York City's Lehman Bros. Kuhn Loeb investment-banking firm: "Air transport is the nation's only basic means of transportation beyond 500 miles. Without air transport, you absolutely hamstring the economy." Just how much it is hamstrung will depend on the duration of the turmoil in the skies...
...world's largest poultry firms. Every 24 hours it ships as many as 50,000 day-old chicks to clients around the globe, some of them in the U.S. Newborn chicks can live for no more than three days without feeding, which is prohibitively expensive during transport. Thus air freight is essential for Shaver's business. Says a company official: "For the moment we are managing, but if U.S. flights halt, that could start backing up Canadian flights, and we would be in trouble...
Another business anxiously watching the strike is health-care services, which in recent years has become more and more dependent on air transport. The Greater New York Blood Program, the largest such nonprofit blood bank in the world, now receives nearly one-third of its daily blood needs on overnight flights from suppliers in Europe. The Cleveland-based Organ Recovery Inc., a regional clearinghouse for transplant operations, relies essentially on air carriers to get kidneys, livers and other organs quickly to those in need...