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NEWS SUMMARY
JOC Staff |
AIR CARGO Customhouse brokers charge U.S. Customs regulations favor express couriers. 1AA s
EUROPEAN SHIPBUILDERS SEEK LARGER SUBSIDIES SANCTIONS AGAINST JAPAN, S. KOREA ALSO SOUGHT
Bruce Barnard |
The European Community's longest-running sideshows will be played out here next week when European s
RAIL BRIEFS
From Wire and Staff Reports |
Court Nominee Admits Document DestructionSupreme Court nominee Douglas H. Ginsburg acknowled
Rail News
INTEREST RATE SWAP VOLUME CONTINUES TO GROW RAPIDLY
Journal of Commerce Staff |
Interest rate swap volume rose to a record $67.6 billion in the second quarter of 1987, bringing vol
STOCKS OF UK EXPORTERS DECLINE AS STERLING GAINS
Janet Porter |
Stock prices of some of Britain's biggest exporters showed particularly large falls Wednesday as ste
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
NORWEGIAN SHIPPING LINE RENEGOTIATING CREDIT PACT
Journal of Commerce Special |
Jebsen Group, a large Bergen-based Norwegian shipping company, is in the midst of negotiations with
Maritime
HOUSTON APPROVES PORT BOND ISSUE
Gary Taylor |
Local voters have given 2-to-1 approval to a $100 million bond issue for port expansion and improvem
Maritime
CONSOLIDATED NATURAL MOVES TO NEW OFFICES
Journal of Commerce Staff |
Consolidated Natural Gas Co. has moved to new offices. The address is CNG Tower, Pittsburgh, Pa. 152
SENATORS CITE FAILINGS FOUND IN DEREGULATION
Dave Higdon |
Alfred E. Kahn, the father of airline deregulation, Wednesday blamed the federal government's abdica
Air Cargo
MARITIME BRIEFS
From Wire and Staff Reports |
Strike Halts Loading Of Grain in ArgentinaBUENOS AIRES, Argentina - A nationwide strike call
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1171.5 (Nov. 4) Previous day - 1172.0 The Baltic International Freight Futures Exchange in L
Maritime
CONGRESS LOOKS AT EASING ARMS SALES
(Ap) |
The White House has asked Congress to make it easier for U.S. weapons producers to sell arms oversea
Maritime
MEXICO'S REMOVAL OF IMPORT BARRIERS COMES UNDER FIRE
WILLIAM A. ORME Jr. |
The government's strategy of fighting inflation by lowering import barriers is under attack from ind
Maritime
WIS. GOVERNOR, MANSFIELD AGREE ON US-JAPAN TRADE
(Ap) |
Wisconsin Gov. Tommy G. Thompson met with U.S. Ambassador Mike Mansfield Wednesday and agreed U.S. i
Maritime
FORD UNIT SALES RISE 15 PERCENT
(Ap) |
Ford Motor Co. Wednesday reported higher sales for the last 10 days of October, prompting Vice Chair
JOBLESS RATE FALLS IN BELGIUM
(Ap) |
Belgium's unemployment rate fell to 12.1 percent of the work force in Octoberfrom 12.2 perce
FUEL OIL DEALERS FEAR PROPOSED RULE WOULD SLICE ASSETS
John Maggs |
Fuel oil dealers say their retirement plans and dreams of expansion could be dashed by a new tax pro
ON THE MOVE PACIFIC GAS NAMES GLYNN VP, POWER
Journal of Commerce Staff Report |
Pacific Gas and Electric Co., reorganizing itself into newly defined functional units, named Robert
INSURANCE BRIEFS
From Wire and Staff Reports |
Amway Gives Consent To Pension DirectiveThe Amway Corp., its employee profit-sharing plan an
PORT PROPOSES TAX HIKE
Marie Prat |
The port of New Orleans is proposing a property tax increase for a five-year $101 million maintenanc
Maritime
REPUBLICANS EYE ALTERNATIVE HEALTH PLAN
Leah R. Young |
Senate Republicans are seeking an alternative health insurance plan for the uninsured to counter pro
REAGAN BLAMES DEMOCRATS FOR DEFICITS
(Ap) |
President Reagan Wednesday blamed Democrats for "having created all these deficits," even as a White
INSURANCE EARNINGS
From Wire and Staff Reports |
Operating Income At MBIA RisesWHITE PLAINS, N.Y. - MBIA Inc. reported that operating income
OHIO BLUES INTRODUCES NEW HOSPITAL PROGRAM
Journal of Commerce Staff |
Blue Cross & Blue Shield of Ohio expects to save an estimated $50 million over the next two years us
HONG KONG TO HASTEN COMPUTERIZED CLEARING
P.T. Bangsberg |
The timetable for creation of a computerized central clearing system on the local stock exchange wil
STOCK CRASH CLOUDS FINANCIAL OUTLOOK OF EUROPEAN FIRMS
Journal of Commerce Staff |
European chemical companies that are heavily tied to U.S. investments and markets may have to weathe
CHEMICAL MARKETS
Journal of Commerce Staff |
Emery Hikes Oleic, Linoleic Acid PricesEmery Chemicals increased list prices for all grades
MAINE YANKEE SURVIVES SHUTDOWN ATTEMPT
(Ap) |
Maine Yankee, the state's only nuclear power plant, weathered a shutdown drive for the third time th
TMI SETTLEMENT OPENS DOOR TO $28 MILLION IN REFUNDS
(Ap) |
State officials and utility representatives ended a seven-year tax dispute stemming from the Three M
PACIFIC GAS SEES MART IN CALIF. OIL FIELD
Journal of Commerce Staff |
Pacific Gas & Electric Co. says an important new market for natural gas is developing in California'
OIL PRICES DROP SHARPLY ON NYMEX
Journal of Commerce Staff |
Oil prices fell sharply on the New York Mercantile Exchange Wednesday in response to reports of a su
WARNING SYSTEM WINS APPROVAL OF HOUSE
(Ap) |
The sponsor of a House-passed bill requiring U.S. airliners to have a device that warns pilots of im
Air Cargo
TRUCKING BRIEFS
From Wire and Staff Reports |
Sales of GMC Trucks Increase in OctoberPONTIAC, Mich. - GMC Truck dealers sold 25,746 trucks
Trucking News
JOINT US-JAPANESE BUSINESS VENTURES URGED
William Armbruster |
Joint ventures may be the best way that U.S. companies can tackle the Japanese market, a prominent U
MOST MANUFACTURERS IN US STILL OPTIMISTIC DESPITE STOCK CRASH
Keith M. Rockwell |
U.S. manufacturers remain upbeat about the prospects for the nation's economy despite last month's s
CHANCES SLIM FOR MENSAH IN FAO RACE
Andrew Mutter |
West African Moise Mensah, the widely acclaimed Western candidate bidding for leadership of the Unit
BRAZIL HAS A BARGAIN FOR EVERYONE AT THE CORNER PIRATED-SOFTWARE STORE
James Bruce |
In this country where computer program copyright protection is still a controversial maybe, pirated
BROKERS CHARGE CUSTOMS RULES FAVOR COURIERS
Bill Mongelluzzo |
Express couriers are carving out a niche for themselves in the lower end of the air freight market a
SHIP AGENCY HELD SOURCE FOR SOLUTIONS
Journal of Commerce Staff |
Trucking industry executives seeking to escape from the electronic maze ''should take a look at what
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