The Collaborative International Dictionary of English v.0.48:

Rafting \Raft"ing\, n.
   The business of making or managing rafts.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Raft \Raft\, v. t. [imp. & p. p. Rafted; p. pr. & vb. n.
   Rafting.]
   To transport on a raft, or in the form of a raft; to make
   into a raft; as, to raft timber.
   [1913 Webster]