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Word: transhipment (lookup in dictionary) (lookup stats)
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...ports, isolated free trade areas, were once prevalent in Europe, included such cities as Naples, Leghorn, Hamburg, Marseille. Today, sprinkled over the globe from Copenhagen to Curaçao, are some 40 free ports, walled off on the seaward side of customs barriers, where shippers can unload, store and tranship goods without red tape. Stapleton is well suited for such a purpose for there New York's late Mayor John F. Hylan spent some $30,000,000 to build a row of enormous piers which have failed to earn their upkeep. New York's present Mayor Fiorello LaGuardia...

Author: /time Magazine | Title: People: Free Port | 2/15/1937 | See Source »

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