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BALTIMORE POSED FOR CARGO BATTLE PORT SEEKS TO REGAIN SHIPMENTS LOST TO VIRGINIA PORTS
Tim Neale |
The port of Baltimore appears to face its biggest challenge since the British Navy shelled Fort McHe
Maritime
OVERLAND EXPRESS BOOSTS EARNINGS
JOC Staff |
Overland Express Inc. earnings for the second quarter rose to $6.9 million, or $4.01 a share, compar
Trucking News
TRUCK GROUP CLEARS HURDLE ON ARK. TAX
Leo Abruzzese |
U.S. Supreme Court Justice Harry Blackmun ordered Arkansas officials to escrow proceeds from a dispu
Trucking News
BOSTON ED WEIGHS UNDERSEA CABLE
Boston Globe |
Boston Edison Co., in a proposal that would generate twice the power of its idled Pilgrim nuclear pl
TEXAS-NEW MEXICO CLEARS HURDLE FOR POWER PLANT
Journal of Commerce Staff |
Texas-New Mexico Power Co.'s plans to build a lignite-fired power plant in central Texas are proceed
GOTAAS-LARSEN REPORTS DROP IN NET INCOME
Journal of Commerce Staff |
Gotaas-Larsen Shipping Corp. reported net income of $7.9 million, or $0.58 a share, on revenues of $
Maritime
ENGELHARD TO BOOST CAPACITY FOR KAOLIN-BASED PRODUCTS
Journal of Commerce Staff |
Engelhard Corp. announced a $40 million expansion project that will boost its capacity to produce hi
NIGERIA ENTERS GLOBAL FERTILIZER MART
HOWARD SCHISSEL Journal of Commerce Special |
Nigeria has become a spot-market player by exporting excess fertilizer production and may attempt to
NORTHWEST LOSSES LIKELY TO REACH $200 MILLION
Paula L. Green |
Northwest Airlines' losses from the air crash that left at least 152 dead outside a Detroit Airport
FINANCIAL BRIEFS
Wire and Staff Reports |
Japan Eases Rules On Bank Bond TradingJapan's Finance Ministry eased regulations restricting
JAPANESE BANKERS DENY BANKAMERICA PACT REACHED
Knight-Ridder Financial |
Japanese banks involved in the negotiations over a BankAmerica recapitalization request Tuesday den
US HOUSING STARTS ROSE 0.9 PERCENT IN JULY
Wire and Staff Reports |
The number of housing units started in the United States in July rose 0.9 percent to a seasonally ad
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
NO SIGN OF BREAKTHROUGH IN CANADIAN RAIL TALKS
Leo Ryan |
Revived talks between Canadian railway management and union representativeswent into their s
Rail News
TRUCKING BRIEFS
From Wire and Staff Reports |
Preston Plans Offering Of 1,500,000 SharesPRESTON, Md. - Preston Corp., a less-than-truckloa
Trucking News
UNIVERSITIES HELP FACTORIES COMPETE
Josh Goldstein |
State university extension programs formerly helped only farmers, but now they're trying to help fac
Maritime
MAJOR TRUCKERS VOTE TO RAISE SOME RATES
Leo Abruzzese |
Profit-poor truckers continued the push for a broad autumn rate increase by approving a 3.25 percent
TODD MAPS PLANS FOR SURVIVAL
Rose A. Horowitz |
Todd Shipyards Corp., which filed for protection from creditors under Chapter 11 of the federal bank
Maritime
UNION PACIFIC BUYS NEW, MORE POWERFUL POWER
JOC Staff |
Union Pacific Railroad ordered 75 General Electric locomotives for delivery starting this year. The
Rail News
BAKER PLAN ALTERS LENDING STRATEGY OF WORLD BANK
Keith M. Rockwell |
Last May, when big U.S. commercial banks set aside billions of dollars in loan loss reserves, the fi
INDEPENDENT OPERATORS MOVE INTO THE MAJORS' TERRITORY
Josh Martin |
In the world of oil terminals, David is beating Goliath. Independent terminal operators are increasi
ENERGY BRIEFS
Wire and Staff Reports |
China, BP Sign Offshore PactThe China National Offshore Oil Corp. and Britain's BP Petroleum
CHEMICAL BRIEFS
Wire and Staff Reports |
Ozone Expedition In Antarctica to BeginA modified spy plane will begin flights from the sout
ARGENTINA WILL IMPORT ETHYLENE, OFFICIALS SAY
Jeremy Morgan |
Officials say Argentina will have to import about 40,000 metric tons of ethylene at a cost of around
INSURANCE BRIEFS
From Wire and Staff Reports |
Study: Nations Forming Retirement ProgramsThe Employee Benefit Research Institute reports th
US, JAPANESE TALKS YIELD AUTO PARTS PACT AIMS AT HIKING AMERICAN SALES
A.E. Cullison |
American and Japanese negotiators ended more than a year of talks on auto parts trade with a bilater
COST OF CREDIT
JOC Staff |
Tue., Aug. 18, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
UNION PACIFIC BUYS NEW, MORE POWERFUL POWER
JOC Staff |
Union Pacific Railroad ordered 75 General Electric locomotives for delivery starting this year. The
Air Cargo
AMERICAN TAKES SAFETY CAMPAIGN TO AIR WAVES
Los Angeles Daily News |
In the wake of criticism of the airline industry over mishaps and delayed flights, American Airlines
Air Cargo
SMALL AGENTS COMPETE WITH EACH OTHER
Richard Malkin |
Conventional wisdom in the air cargo industry holds that between the present and the start of the ce
Air Cargo
LIBERIAN TANKER COMES UNDER IRANIAN GUNFIRE
(Ap) |
An Iranian gunboat fired on a Liberian-flag tanker Tuesday as it sailed out of the Persian Gulf thro
Maritime
TODD SHIPYARDS TRACES ITS ROOTS BACK TO THE CIVIL WAR
Chris Dupin |
Todd Shipyards Corp. was incorporated 70 years ago, but the company claims to trace its roots back t
Maritime
LAUNCH OF ARIANE PUT OFF 4 DAYS
(Ap) |
The first launch of an Ariane rocket in 15 months has been put off until Sept. 15, a postponement of
AFL-CIO CHIEF DENIES AGENDA FOR CONGRESS
Leah R. Young |
AFL-CIO President Lane Kirkland rejected the idea that organized labor is pursuing a labor agenda bu
BULGARIA PUSHES CONSTRUCTION OF REACTORS
(Ap) |
Undeterred by last year's Chernobyl nuclear accident, Bulgaria ispushing ahead with the construction
INSPECTORS FIND EXPLOSIVE CARGO CARRIED BY KLM
(Ap) |
A KLM jetliner with dozens of passengers aboard illegally carried 1,400 kilos (3,080 pounds) of pote
Air Cargo
MACK TRUCKS WINS RIGHT TO HIRE MORE NON-UNION LABOR AT SC PLANT
Michael S. Lelyveld |
Mack Trucks Inc. won the right to hire about 250 more non-union workers at its new plant in Winnsbor
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
Aug. 18 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
LYKES URGES END TO PERU TARIFF PLAN
Journal of Commerce Staff |
Lykes Bros. Steamship Co. Inc. believes retaliating against Peru because of the way it enforces its
Maritime
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