White House orders for a 2,000,000-ton shipping pool for aid to Britain last week (see p. 15) caught U.S. ship lines in the midst of their busiest, most harassed period in history. On all the seven seas except the North Atlantic, U.S. shipping has tried to take over from the flagging British the great task of moving the bulk of the world's freight. Before war began the U.S. overseas fleet (then 1,749,689 active tons, 87% over age) often ran almost empty on its Government subsidies, carried only around 30% of the nation's...
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