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ICC TO LIFT STAY ON SOO LINE SALE OF MIDWEST RAILS
Howard S. Abramson |
The Interstate Commerce Commission this weekend will lift the stay on the sale of a 2,000-mile short
Rail News
AUSTRALIAN COAL HEADED FOR FLORIDA
Tim Sansbury |
U.S. coal industry sources closely watching the Gulf of Mexico utility market say more Australian co
BN RAISES DIVIDEND
JOC Staff |
Burlington Northern Inc. earned $127 million in the third quarter, or $1.70 a share, compared with $
Rail News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Sept. 26, total piggyback freight hauled on the nation's major railroads equaled
Rail News
US-CANADA PACT WON'T DISTURB NATURAL GAS RULE
(Ap) |
The proposed U.S.-Canada free trade agreement does not disturb a controversial U.S. regulatory decis
ANR PLANS OPEN -ACCESS TRANSPORT
Journal of Commerce Staff |
ANR Pipeline Co. said it will operate as an open-access transporter of natural gas starting Nov. 1,
CHEMICAL BRIEFS
Wire and Staff Reports |
Marion, Squibb Join In Drug DevelopmentKANSAS CITY, Mo. - Marion Laboratories Inc. and Squib
2 IN OPEC SEE CHANGES IN CEILING, PRICE
(Ap) |
Two OPEC oil ministers indicated that OPEC's production ceiling and bench mark price could be change
TEXACO FACES MOUNTING LAWYER FEES
Journal of Commerce Staff |
Lawyers in the Texaco bankruptcy case have earned nearly $6 million in four months since the giant o
HERE'S THE LATEST UPDATE ON FREQUENT FLYER PLANS
Christopher Lofting |
Keeping track of frequent flyer awards has become a full-time job in itself. These days just when yo
Air Cargo
ARGENTINE GAS SHORTAGE FORCES FEEDSTOCK IMPORTS
Jeremy Morgan |
Argentina is quietly importing feedstock for its petrochemicals sector in response to bottlenecks pr
GROUP BLASTS AIR FORCE SHIPMENTS
Journal of Commerce Special |
Truck shipments of a toxic Air Force rocket propellant are endangering an estimated 11 million peopl
Air Cargo
FEDERAL EXPRESS OUTLINES DETAILS OF NEW PROGRAM
Gregory S. Johnson |
Federal Express Corp. has expanded its emergency parts shipment program to regular routine service.<
Air Cargo
MARITIME CALENDAR
JOC Staff |
The Propeller Club of the United States. 61st annual convention and American Merchant Marine & Marit
Maritime
TANKER LOSS TIED TO LACK OF LOOKOUT
(Ap) |
A British tanker that ran into a rock off Iceland last Christmas and capsized, causing the loss of i
Maritime
HOUSTON APPROVES LEASE BID
Gary Taylor |
With award of a bid on a lease for a revolutionary bagged grain facility, port commissioners Wednesd
Maritime
RETAIL SECTOR USE OF EDI SEEN AFFECTING DISTRIBUTION INDUSTRY
Tony Seideman |
Electronic data interchange will have a significant impact on the way the retailing industry deals w
Air Cargo
BRITISH AIRWAYS TO EXPAND WHOLESALE COURIER OPERATIONS
Phillip Hastings |
British Airways is planning to extend its wholesale courier operations this month to include Chicago
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
Korean Air Orders Two Airbus JetlinersKorean Air Lines ordered two extended-range Airbus Ind
Air Cargo
CORRECTION
JOC Staff |
Voigt & Koutroulis Shipping Co. was appointed Eastern Gulf region agent for Spanish Line, according
Maritime
IBERIA SEES GAINS IN PLAN FOR CHANNEL
Journal of Commerce Staff |
The port of Iberia says it's closer than ever to reaching its years-long campaign to dredge new chan
Maritime
POLISH LINER MAKES LAST MONTREAL SAILING
(Ap) |
The Polish liner Stefan Batory, after carrying more than 125,000 passengers between Montreal and Eur
Maritime
RUSS BANHAM'S INSIDE TALK ON INSURANCE
Russ Banham |
IT'S ALWAYS DARKEST BEFORE THE DAWN, or in the case of the New York Insurance Exchange, better days
BALTIMORE SEEKS TRADE PANACEA
Robert F. Morison |
A troubled Baltimore gamely seeks answers to the nagging question: Is the port of Baltimore ready to
Maritime
COFFEE CARRIER ABSOLVED IN FRAUD
Journal of Commerce Staff |
A Colombian ship line has been held blameless by a U.S. district court in a $125 million coffee frau
Maritime
2010 MAY BE YEAR OF THE HYPERSONIC PLANE
Bill Mongelluzzo |
Commercial air travelers by the year 2010 may be able to fly from Los Angeles to Sydney, Australia,
DOLLAR FALLS SHARPLY, AS TOKYO STOCKS RISE
Knight-Ridder Financial |
The U.S. dollar fell sharply Thursday against all key currencies, ending at a three-week low vs. the
ECONOMISTS FORESEE STEADY RATES, MODERATE GROWTH IN 4TH QUARTER
Knight-Ridder Financial |
U.S. interest rates are expected to hover around current levels amid moderate economic growth in the
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FRIEDMAN HITS BAKER PROPOSAL
Cristina Lee |
Treasury Secretary James A. Baker III's recent proposal to use the price of a basket of commodities,
BURNLEY NOMINATED TO HEAD DOT AGENCY HAS LONG ARM
JOC Staff |
The Department of Transportation is one of the largest of the Cabinet-level federal agencies, with n
BURNLEY NOMINATED TO HEAD DOT BURNLEY: GOP LOYALIST
Journal of Commerce Staff |
James H. Burnley IV, President Reagan's controversial choice to succeed Elizabeth Dole as transporta
LATIN DEVELOPMENT BANK LIKELY TO REDUCE LENDING
Richard Lawrence |
A cutback in Inter-American Development Bank lending to Latin America and the Caribbean now appears
TREASURY SEES CANADIAN DRAFT AS ACE FOR GLOBBAL TRADE TALKS
Keith M. Rockwell |
Senior Treasury Department officials say the U.S.-Canadian draft trade agreement signed this week pr
CANADA FINANCE OFFICIAL OPTIMISTIC ON PROSPECTS FOR PACT'S APPROVAL
William Armbruster |
Canada's finance minister expressed optimism that the Canadian Parliament will approve the historic
INTERNATIONAL BRIEFS
Wire and Staff Reports |
EC Industrial Output Up 1.5 percent in First HalfThe European Community's index of industria
Transport, Trade and Regulation News
STUDY SEEKS TO DEFEAT EXPORT TAX CREDIT CUT
Richard Lawrence |
A Treasury Department proposal to reduce export tax credits could curtail U.S. exports by at least 5
Maritime
OIL IMPORTS HEAD US LIST
JOC Staff |
Imports into the United States from Trinidad and Tobago are lead by petroleum, which takes up 38 of
Maritime
US TO HELP TRINIDAD BUILD A MAJOR FERTILIZER COMPLEX
Rosalind Rachid |
The government of Trinidad and Tobago said a major fertilizer complex will be built in Trinidad with
Maritime
QUOTE TO NOTE
JOC Staff |
On Taxes and International Business: I am inclined to feel that the best that the internatio
Maritime
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