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HOUSE DEBATES $28.5 BILLION AVIATION BILL
(Ap) |
The House began considering legislation Thursday to provide $28.5 billion to improve the nation's ai
Air Cargo
AFRICA PINS HOPES ON PLAN TO LAUNCH EXPORT-IMPORT BANK
Rosalind Rachid |
The African Development Bank plans to launch the continent's first Export- Import Bank in the next t
EXPORT BRIEFS
Wire and Staff Reports |
Report: Sanctions Against S. Africa FailEconomic sanctions that the Reagan administration re
Maritime
NEW ORDERS FOR FACTORY GOODS SHOW FIRST DROP SINCE JANUARY
Knight-Ridder Financial |
New orders for goods from U.S. factories fell 1.7 percent in August to a seasonally adjusted $202.53
FAILED BANKS' LOANS TO BE AUCTIONED OFF
(Ap) |
The Federal Deposit Insurance Corp. has decided to use a new method to rid itself of the loan portfo
TRUCKERS PAY MORE ATTENTION TO QUALITY OF DIESEL FUEL
Michael S. Lelyveld |
When 58 Kroger trucks stopped dead in their tracks at one terminal, and then, two days later, more K
INSURANCE BRIEFS
From Wire and Staff Reports |
Second Report Backs Agent Orange FindingA new congressional report seconds the findings of a
SUBSIDIARIES OF TRANSAMERICA, CONTINENTAL SET CARGO DEAL
Mark W. Lyon |
A freight unit at Continental Airlines reached an agreement with a Transamerica Corp. subsidiary tha
Air Cargo
AIR FARE PRICE CUTS BEGIN
Journal of Commerce Staff |
The regular round of fall price cuts has begun, with Continental Airlines, Piedmont and USAir all sl
Air Cargo
BALTIMORE ERECTING CRANE FROM JAPAN
Journal of Commerce Staff |
A $3.3 million, Japanese-built container crane is being erected at the port of Baltimore's South Loc
Maritime
STAGE IS SET FOR NEGOTIATIONS TO IMPROVE GLOBAL ECONOMY
Richard Lawrence |
A series of negotiations to improve the global economic system is in prospect, in the wake of the an
SEAFOOD FIRM BASKS IN US SUCCESS
Bill Mongelluzzo |
Ocean Garden Products Inc., a Mexican-owned seafood company, had much to celebrate in May on its 30t
Maritime
CHEMICAL MARKETS
JOC Staff |
Staley Manufacturing Hikes Price of StarchJournal of Commerce StaffDECATUR, Ill. - T
PLASTICS CORNER MONTEDISON TO BUILD HUNGARIAN PP PLANT
Journal of Commerce Staff |
The Montedison group Technimont has won a contract to build a 60,000 ton polypropylene plant in Hung
TUGBOAT DISPUTE HEATS UP IN NY
James Nolan |
Fourteen harbor docking pilots recently quit McAllister Bros. Inc., one of the largest towing compan
Maritime
YEN BOND PRICES PLUNGE ON RUMORS
Knight-Ridder Financial |
Yen bond prices plunged Thursday as numerous rumors about whether the Bank of Japan would raise its
WORLD TODAY
From Wire and Staff Reports |
BULLETIN The House of Representatives voted, 393-0, late Thursday to reauthorize the aviatio
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
QUAKE TOLL ESTIMATED AT $5 MILLION
Laura Raley Borda |
The earthquake that struck Southern California early Thursday left about $5 million worth of propert
DAIRY GROUP LAPS UP SELF-PRAISE
Dirck Steimel |
When it comes to self-praise, it's hard to compete with the National Dairy Promotion and Research Bo
GPU SEEKS STOCK ISSUE
Journal of Commerce Staff |
General Public Utilities Corp. said that it would seek permission to issue new stock as a way to ins
AVIATION BRIEFS
From Wire and Staff Reports |
Flying Tiger Connects Ohio Hub, RichmondFlying Tiger Line Inc. began daily service between R
Air Cargo
FREIGHT RATE FUTURES
JOC Staff |
Oct. 1 Baltic International Freight Futures Exchangeprev.Close High Low
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1052.0 (Oct. 1) Previous day - 1045.0 The Baltic International Freight Futures Exchange in L
Maritime
SEAWAY STRIKE INEFFECTIVE
Leo Ryan |
Not a single vessel has been tied up since the marine officers union began a strike Monday, said Geo
Maritime
FARM CRISIS FADES FROM CONSCIOUSNESS
Randall Mikkelsen |
For almost three years the financial collapse of the farm economy, popularly known as the "farm cris
HOW TO BUILD A SUCCESSFUL TRADE CENTER
Mark Magnier |
Cities and regions hoping to establish a local world trade center to boost area export activity must
Maritime
DELEGATES BULLISH ON COFFEE PACT
Knight-Ridder Financial |
International Coffee Organization delegates remain optimistic producers and consumers will agree on
Maritime
NC SCRAPS PLANS FOR OFFICE IN JAPAN
Journal of Commerce Special |
The state General Assembly's refusal to fund expanded business recruitment efforts in the Pacific Ri
Transport, Trade and Regulation News
COMPANY TARGETS DILEMMA OF WASH. HAZARDOUS TRASH
Gloria Joseph |
William D. Ruckelshaus, former administrator of the U.S. Environmental Protection Agency, hopes his
LUMMUS CREST TO SUPPLY CHINA PLANT
Journal of Commerce Staff |
Lummus Crest Inc. has announced that it will supply basic design engineering and technology for the
RAIL BRIEFS
From Wire and Staff Reports |
Ohio River Barge Rates Plunge About 30 PointsBarge freight rates on the Ohio River plunged a
Rail News
STUDY SEEKS TO UPGRADE ITALY'S PORT OF TRIESTE
Andrew Mutter |
Fiat Engineering has been commissioned to prepare a draft feasibility study detailing modernization
Maritime
CSX EARNINGS ROSE 23 PERCENT IN 3RD QUARTER
Journal of Commerce Staff |
CSX Corp. reported earnings of $95 million, or 61 cents a share, for the third quarter, up 23 percen
Rail News
CALIF. PROPOSALS WOULD BAN RUSH HOUR TRUCK TRAFFIC
(Ap) |
Plans to ban trucks from some Southern California freeways during rush hours are gaining support, bu
Trucking News
COST OF CREDIT
JOC Staff |
Thu., Oct. 1, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
EVERGREEN GROUP AND TAIWAN TO PRODUCE SPECIALTY STEEL
JAMES McGREGOR |
The Evergreen group, as part of its new effort to diversify outside the shipping business, has agree
13 SHIP LINES AGREE TO SETTLE WITH US CARRIERS AGREE TO ACCEPT TIGHTER LAWS
Robert F. Morison |
Thirteen trans-Atlantic carriers agreed to a $2 million settlement with the Federal Maritime Commiss
OZONE LAYER LOSS OVER ANTARCTICA HIGHEST ON RECORD, SCIENTISTS SAY
(Ap) |
More of the earth's protective ozone layer disappeared over the Antarctic continent in September tha
IRAQ ATTACKS SHIP OFF IRAN
(Ap) |
Iraq said its warplanes attacked a tanker off Iran Thursday, and two Iranian speedboats carried out
Maritime
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