Word: shipper
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While other shippers shied away from Government cargoes (rates about half commercial rates), Tom Cuffe grabbed them. He knew a shipper could pick up a full Government cargo at one dock, thus cut down on the money-losing time a ship spends in port picking up a few crates here and there. Cuffe also hired go-getting Sales Manager Al Papworth to bring in private cargoes. He did so by finding buyers and sellers for goods Pacific could carry. Examples: a Philippine glassmaker who was having trouble finding the right kind of sand was persuaded to import it from...
...also has 1,600 acres in groves of his own. In the state's growing cattle business, the biggest force is Florida's Lykes family, headed by John Wall Lykes (66) and nephew Charles (37). The Lykeses who also own the Lykes Bros. Steamship Co., Inc., largest shipper under the U.S. flag (54 cargo ships operating out of Gulf ports), have recently started to concentrate on concentrates. They control Dade City's $15 million Pasco citrus-processing plant, biggest in the state, which in 24 hours can turn out enough fruit products to fill three...
...Government lawyer, Brownell charged Bergson had prosecuted a price-fixing and monopoly suit against the Minnesota Mining & Manufacturing Co. and the Carborundum Co., and had refused to permit the U.S. Pipe Line Co. to offer price differentials to oil shippers on a proposed new pipeline. Later, as a private attorney, Bergson got a Justice Department clearance for a merger between Minnesota Mining and Carborundum (which did not take place), and worked out a method of getting the price differential permission for U.S. Pipe Line by guaranteeing that no shipper would use more than 20% of the line's capacity...
Foreign shipyards are having a peacetime boom. A shipper who wanted to order a freighter, tanker or liner in England, Norway or even Germany last week, might have to wait as long as six years for delivery. Under construction were a whopping 1,152 ships (a total well over 6,000,000 gross tons), 35% of them in the United Kingdom...
Actually, not all outsiders want subsidies. The reason is that once a shipper gets a subsidy he is straitjacketed by a host of rules. Examples: he cannot quit a subsidized route even if it turns out to be a money loser; he must replace old ships with vessels made in U.S. yards; he cannot embark on any auxiliary or any new enterprise not connected with shipping...