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Port of Baltimore
- November 2002
"
A Historical Glimpse At The First 85 Years " by M. Sigmund Shapiro
Reprinted
from the Port of Baltimore Magazine - November, 2000
Samuel Shapiro & Co. was founded in August 1915 by
Samuel Shapiro who, at age 20, had three years experience working
for a Customs broker. He opened an office with 'a five dollar roll
top desk' as he used to say, and the first year made a profit of
about $50. A year or so later, he was joined by one of his brothers
and the advent of World War I saw bit a of growth. (He was drafted
in the fall of 1917, but the Armistice came and he didn't need to
report.)
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After the war, the company was appointed by the government to act as
forwarder for grain shipments to war-torn Europe. This traffic
started the company moving toward success. The '20's brought steady
growth and the opening of offices in Norfolk manned by another
brother, and Washington, D.C.
The
depression of the '30's brought the company to a low point,
exacerbated by a breakup among the brothers, and Sam's undertaking
to assume their debts, as he said "for the good of the family name."
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Business grew during the latter part of the decade, but it wasn't
until World
War II that there was any substantial increase. During that period,
Baltimore,
because of its sheltered position, was the primary port for merchant
ships. They could duck into the Chesapeake Bay and avoid the U-boat
threat. Consequently, cargoes for New York, Boston, Philadelphia and
Norfolk were discharged and forwarded to destination by rail.
The company, consisting of four employees, worked day and night.
During that time, the company handled lend-lease cargo and a
substantial amount of traffic from the Soviet Union (ores, licorice
root and other materials) which were in part payment for armament
furnished by the U.S. The postwar period brought the reopening of a
D.C. office in Georgetown - soon to be moved to Dulles International
Airport, and the opening of another airfreight office at Baltimore's
Friendship (now BWI) airport. The company renewed its relationships
with colleagues in Europe that had been developed during the '20's
and '30's and imports from those areas, encouraged by slashing of
duty rates, brought a bounty of 'department store' consumer goods
shipments.
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M.
Sigmund Shapiro succeeded his father as president, but Samuel, who
survived into his 92nd year, remained Chairman and active in the
business until his death in 1987. Sigmund is now Chairman and Chief
Executive Officer.
The container age bought a new set of challenges. And the need for
automation was recognized. The company embarked on a long-range plan
for information exchange with Customs and its clients.
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More offices were opened. The came a rewrite of company information
systems to network all of the locations and at the same time, be
able to offer to its clients a complete logistics package for
traffic management, Customs clearance and computing landed costs for
both export and import movements. The company is poised to expand further to meet the demands of its
expanding client base, always, however, adhering to the philosophy
it feels has contributed to its success to date: old fashioned
personal service - employing, of course, the most modern techniques
to provide it.
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