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RAILS WOULD BENEFIT FROM TAX PROPOSAL
Leo Abruzzese |
A tax law change that would save the nation's railroads several hundred million dollars was added to
UNIONS AWAIT HEARING IN BID TO DISSOLVE RAIL STRIKE STAY
Journal of Commerce Staff |
The Pittsburgh & Lake Erie Railroad's unions are awaiting their day in a U.S. appeals court which th
Rail News
PROFIT-SHARING GAINING POPULARITY IN INDUSTRY
Howard S. Abramson |
Profit-sharing is becoming an increasingly popular practice within the short- line and regional rail
Rail News
TVA BUYS COAL UNDER 6 CONTRACTS
Journal of Commerce Staff |
Tennessee Valley Authority said it bought 17,500 tons of steam coal under six spot market contracts
TODD FILLS SEAT ON BOARD
Journal of Commerce Staff |
Todd Shipyards Corp. says a seat on its board of directors has been filled by James E. Sowell, who i
Maritime
FIBER OPTICS FIND NEW HOME IN OLD PIPELINE
(Ap) |
Pipelines that used to carry gasoline and heating oil across the Midwest are carrying something else
NEWS SUMMARY
JOC Staff |
AVIATION The first wave of factual reports on the crash of Northwest Airlines' Flight 255 re
SAUDIS APPEAR READY TO MOVE INTO DOWNSTREAM OIL MARKETS
Bruce Barnard |
Saudi Arabia's apparent interest in buying a substantial minority stake in Exxon's European refining
CROWLEY HOPES TO LURE BACK REGULAR CLIENTS
Gloria Joseph |
West Coast members of the Inland Boatmen's Union have put down their picket signs and returned to wo
Maritime
SFSP WEIGHS SEVEN PROPOSALS FOR PURCHASE OF SOUTHERN PACIFIC
Howard S. Abramson |
The Santa Fe Southern Pacific Corp. will spend the next few weeks weighing the seven offers it has r
Rail News
INSURANCE CALENDAR
JOC Staff |
National Association of Professional Insurance Agents meets Oct. 25-28 in Chicago for annual convent
IMPORT BRIEFS
Wire and Staff Reports |
Toyota, Nissan Report Modest Export GainsJapan's two largest automakers, Toyota Motor Corp.
EAST BLOC NATIONS SPLIT ON TRANSFERABLE RUBLE
(Ap) |
Czechoslovak media criticized the transferable ruble as incapable of reflecting real costs, followin
MEXICAN STOCK MART SUFFERS REVERSAL
William A. Orme |
Mexico's stock market started tumbling last week in its first major reverse in a year of spectacular
TRADERS SEE FEW FACTORS TO SUPPORT THE DOLLAR
Kevin Commins |
Currency traders have become even more bearish toward the dollar in the wake of last week's disappoi
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
BILL SEEKS ALASKAN OIL COMPROMISE
Journal of Commerce Staff |
The chairman of the House Merchant Marine and Fisheries Committee is leading an attempt to break the
Maritime
TRUCKING BRIEFS
From Wire and Staff Reports |
Truck With Explosives Called Moving HazardGUNNISON, Colo. - A truck trailer bound from Utah
Trucking News
CRUDE PRICES TOP $20 A BARREL ON GULF RUMORS
Journal of Commerce Staff |
Crude oil prices topped $20 a barrel on the New York Mercantile Exchange Friday, in anticipation of
TRANSAMERICA INCOME RISES
JOC Staff |
Transamerica Corp. reported operating income from continuing operations of $91.37 million, or $1.16
WHIRLPOOL INKS VENTURE WITH INDIAN COMPANY
William Armbruster |
Whirlpool Corp. announced it has entered into a joint venture agreement to manufacture major applian
Maritime
SEMICONDUCTOR TALKS PROGRESS
Journal of Commerce Staff |
Talks between Japanese and U.S. officials over the removal of $300 million in sanctions on Japanese
LATEST REPORTS CONFIRM CREW SKIPPED CHECKLIST
Dave Higdon |
Exactly two months after the fatal crash of Northwest Airlines Flight 255 killed 156 people, the fir
Air Cargo
TEXACO CREDITOR COMMITTEE CHALLENGED
(Ap) |
The committee representing Texaco Inc. shareholders in the company's Chapter 11 bankruptcy case aske
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
TENTATIVE PACT SET ON SEAWAY GREAT LAKES CARRIERS HAIL AGREEMENT WITH LOCK OPERATORS
Leo Ryan |
Canadian Great Lakes carriers expressed relief at the news of a tentative agreement reached between
Maritime
BIGGEST US HEATING OIL RETAILER USES ANONYMITY AS MARKETING TOOL
Sam Glasser |
Petroleum Heat & Power Co. retails more home heating oil than anyone else in the United States, yet
INVESTORS' TAKEOVER ATTEMPT OF TRUCK LINE TURNS HOSTILE
Journal of Commerce Staff |
Baytree Investors Inc.'s attempt to take over U.S. Truck Lines Inc. has turned hostile. On F
Trucking News
HONG KONG ENCOURAGES ELECTRONICS INNOVATION
John Kelley |
Hong Kong's electronics industry, heavily backed by American money, is striving to shake off its rep
Maritime
'POSITIVE SIGN' SEEN IN ACCORD BETWEEN SAHARA, MINE UNION
Tim Sansbury |
A Wall Street coal industry analyst sees a positive sign for coal management and union labor negotia
RISK NOTIFICATION BILL FACES UPHILL BATTLE IN THE SENATE
(Ap) |
After winning House approval, a $25 million program to warn workers inhigh- risk jobs they face incr
AUSTRALIAN COKING SLUMP ENDED?
Vincent W. Stove |
There is guarded optimism within the Australian coal industry that the coking coal price slump has h
CHEMICAL MARKETS
Journal of Commerce Staff |
Emery Reduces Glycerine PricesEmery Chemicals announced a 3-cent-a-pound roll-back on the li
WEEK AHEAD
From Wire and Staff Reports |
Critical Week for Dow After Record LossesThe stock market faces a critical test this week fo
BRAZIL SOFTWARE LAW NEARS SENATE VOTE OUTCOME MAY SPARK US RETALIATION
James Bruce |
Brazil's Senate may vote as early as Wednesday on a computer software law that is the latest issue i
BALTIC FREIGHT INDEX
JOC Staff |
1088.5 (Oct. 15) Previous day - 1085.5 The Baltic International Freight Futures Exchange in
Maritime
CARGO GROWS 28 PERCENT AT MILWAUKEE
Journal of Commerce Staff |
The port of Milwaukee is reporting a 28 percent rise in cargo tonnage for the year up to September.<
Maritime
DAVE HIGDON'S INSIDE TALK ON AVIATION
Dave Higdon |
OK, GOOD BUDDY, you're cleared to land, 10-4? That type of slang might work between truckers
Air Cargo
COST OF CREDIT
JOC Staff |
Fri., Oct. 16, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
LEO ABRUZZESE'S INSIDE TALK ON TRUCKING
Leo Abruzzese |
THE TRUCKING INDUSTRY'S year-long rate war finally is abating, according to analysts. Althou
Trucking News
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