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US TO SEEK SANCTIONS IF IRAN IGNORES UN
(Ap) |
With U.S. warships ready to begin escorting Kuwaiti tankers in the Persian Gulf, the Reagan administ
Maritime
FRENCH NAVY WON'T ESCORT TWO TANKERS
(Ap) |
Defense and Foreign Ministry officials said Tuesday that France does not intend to send warships int
Maritime
UN RESOLUTION DRAWS PRAISE AND SKEPTICISM
(Ap) |
The United Nations resolution calling for a cease-fire in the Iran-Iraq wardrew qualified pr
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
Car Rental Firms Win Court Battle in Calif.Car rental companies have won a court battle over
TRANSPORT EARNINGS ARKANSAS BEST REPORTS LOWER EARNINGS
Journal of Commerce Staff |
Arkansas Best Corp.'s second quarter earnings fell to $1.9 million, or 18 cents a share, from $7.3 m
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
Strike by Dockworkers Continues in BombayBOMBAY, India - A 6-day-old strike by Bombay dockwo
Maritime
PERSIAN GULF CIRCUIT PACKED WITH DANGERS
Juan O. Tamayo |
When a flotilla of U.S. warships begins escorting a reflagged Kuwaiti tanker into the war-roiled Per
Maritime
HISTORY REPEATING ITSELF IN PERSIAN GULF?
Juan D. Tamayo |
The superpower's mighty armada raced into the Persian Gulf, eager to protect commercial shipping fro
Maritime
PRODUCER PREDICTS PRICE WAR OVER ANTI-LOCK BRAKE SYSTEMS
Michael S. Lelyveld |
With manufacturers rushing to bring new anti-lock brake systems to the heavy- truck market, there al
Trucking News
CANADIAN MERGER PROPOSAL HIT
Marcia Stepanek |
Michigan and California officials, fearing higher energy prices for thousands of farmers and homeown
DEBATE EMERGES OVER JOB SAFETY
Boston Globe |
When James Brown's right hand was mangled on a machine used to cut submarine insulation, the 35-year
TRUCKING RIEFS
From Wire and Staff Reports |
General Tire to Build Warehouse in GeorgiaGeneral Tire said it will break ground this month
Trucking News
EARNINGS
JOC Staff |
Net Income Up At GallagherROLLING MEADOWS, Ill. - Arthur J. Gallagher & Co. said second quar
TEXACO OFFICIALS SCORN PENNZOIL'S PAYMENT PLAN
(Ap) |
Officials for Texaco Inc. scorned a draft plan presented by Pennzoil Co. that called for a $4.1 bill
HOUSE SCHEDULED FOR VOTE TODAY ON HEALTH CARE
Leah Young |
A confident House Speaker Jim Wright, D-Tex., emphasized Tuesday that he ''would expect the administ
GETTY PETROLEUM SUSPENDS TALKS ON BUYING CLARK OIL
(Ap) |
Getty Petroleum Corp. said that it is unable to agree to certain terms for a definitive agreement to
BRITISH PETROLEUM SETS STOCK OFFERING
(Ap) |
British Petroleum Co. said Tuesday it plans to raise about 1.5 billion (US$2.4 billion) by selling
VENEZUELAN FIRM CONFIRMS OIL FIND
(Ap) |
A huge oil field with reserves of 819 million barrels of light crude was found in the western Lake M
ENERGY BRIEFS
Wire and Staff Reports |
Transco Exploration Sets Drilling VentureTransco Exploration Partners Ltd. announced a $135
LOS ANGELES COUNTY SCRAPS PLANNED WASTE-TO-ENERGY PLANT
(Ap) |
A controversial plan to build a $165 million waste-to-energy plant in Pomona was scrapped by directo
SMITH CREDITORS AGREE TO PLAN
(Ap) |
Smith International Inc., an oil-field services concern, says its creditors have agreed to a reorgan
RIG COUNT UP 31
(Ap) |
The total number of working oil and gas rigs in the United States this week totaled 922, up 31 from
LET THERE BE (ENERGY-EFFICIENT) LIGHT
Journal of Commerce Special |
Free light bulbs? On one side of the New England Energy debate, consumer and public interest
S. KOREAN MINERS STAGE SIT-DOWN DEMONSTRATION
(Ap) |
About 400 coal miners on the second day of a strike demanding pay hikes began a sit-down demonstrati
NEW ENGLANDERS CLASH OVER FUTURE POWER SOURCES
David R. Francis |
New Englanders are in a heated debate over how the region should meet the electric ity needs of its
UK 'TEMP' FIRM TARGETS WORKERS IN UNITED STATES
Kevin Commins |
After conquering the United Kingdom in less than five years, Blue Arrow PLC, a London-based employme
ON THE MOVE CONTINENTAL PUTS LORENZO IN CHARGE
-Staff Report |
Thomas G. Plaskett, president and chief executive of Continental Airlines, resigned and Frank Lorenz
SENATORS BELIEVE REAGAN WILL OK TRADE MEASURE
Keith M. Rockwell |
Leading senators said that a conference between the House and Senate will produce a trade bill Presi
NEWS SUMMARY
JOC Staff |
AVIATION The DOT's order for Boeing to file notice before converting Allegis notes to stocks
MARKET CONDITIONS MAY LIMIT COMMODITY FUND
Anne Meade |
A United Nations fund to support commodity prices, first proposed by developing countries 11 years a
CHRYSLER INCOME FELL 12.2 PERCENT IN 2ND QUARTER
(Ap) |
Chrysler Corp. said its second-quarter profit fell by 12.2 percent from the same period last year, w
1.3 MILLION LOST JOBS DUE TO PLANT CLOSINGS
Marcia Stepanek |
More than 1.3 million Americans, including 176,000 service industry workers, lost their jobs due to
WORLD TODAY
From Wire and Staff Reports |
Crude Prices Plunge As Supply Fears EaseCrude oil prices plunged on the New York Mercantile
KNIGHT-RIDDER BOOSTS EARNINGS
JOC Staff |
Knight-Ridder Inc. reported net income of $43 million, or 73 cents a share, in the second quarter, u
CONSULTANT GIVES ADVICE ON HOW TO MOVE GOODS
Andrea Chancellor |
A freight forwarder once charged a customer three times for the same service under three different c
INCREASE IN TOLLS ON PANAMA CANAL LIKELY IN 1989
Robert F. Morison |
Lagging traffic and rising costs are likely to produce an increase in Panama Canal tolls in 1989.
WWII MARINERS WIN BATTLE ON BENEFITS
Robert F. Morison |
A federal judge has awarded a victory to World War II merchant seamen who have waged a long fight fo
FEDERAL RESERVE EMPHASIZES STABLE CONTROL OF ECONOMY
John Boyd |
Stability is the watchword for Federal Reserve policy, both the board's present and future chairmen
VETO LEAVES USL VESSELS IN LIMBO
Joseph Bonney |
United States Lines' big Econships remain in limbo following the MaritimeAdminis tration's refusal t
TRADE LEGISLATION HEADS FOR CONFERENCE DEBATE
Keith M. Rockwell |
With both House and Senate trade bills completed, lawmakers move on to conference, probably in Septe
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