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ASHLAND EARNINGS DOWN FOR QUARTER
Journal of Commerce Staff |
Ashland Oil Inc. reported earnings of $40 million or $1.32 a share for the quarter ended June 30, 19
FORD PROFITS JUMP 39 PERCENT WHILE GM'S DIP
(Ap) |
General Motors Corp. said its second quarter earnings fell by 3.9 percentfrom a year earlier
TRUCKING BRIEFS
Wire and Staff Reports |
Pacific Eastern Nears 3 L's Inc. AcquisitionHOUSTON - Pacific Eastern Corp., a Houston-based
Trucking News
HOUSE PANEL ENDORSES BILL ON PENSIONS
Leah R. Young |
The House Labor Management Relations Subcommittee Thursday endorsed new pension legislation that wil
PLASTICS CORNER EXXON TO BUILD COPOLYMERS PLANT
Journal of Commerce Staff |
Exxon Chemical Co. announced that a new facility for the manufacture of polypropylene impact copolym
RAIL BRIEFS
Wire and Staff Reports |
New Steel Train Runs To Reduce Travel TimeThe Indiana Harbor Belt Railroad Co. started a new
Rail News
BALTIC FREIGHT INDEX
JOC Staff |
969.5 (July 23) Previous day - 966.5 The Baltic International Freight Futures Exchange in Lo
Maritime
ARGONAUT PONDERS BID FROM CLARENDON
C.A. Carpenter |
Clarendon Group Ltd. described as a tough" call whether it might be willing to sweeten its bid even
ENERGY BRIEFS
Wire and Staff Reports |
American Petrofina's Net Soared in QuarterAmerican Petrofina Inc. announced that it earned $
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
MERCEDES MAKER NAMES NEW CHIEF
JOC Staff |
Edzard Reuter has been appointed chairman of Daimler Benz, manufacturer of the famed Mercedes automo
LINES ALLOWED TO EXTEND SERVICES
Journal of Commerce Staff |
The Maritime Administration agreed to permit both Lykes Bros. Steamship Co. Inc. and Farrell Lines I
Maritime
DOLLAR SLIPS ON GNP RUMOR
Knight-Ridder Financial |
The U.S. dollar declined against most major currencies Thursday in moderate activity. Most t
WHARF HOLDINGS EARNINGS SPURT
P.T. Bangsberg |
Wharf (Holdings) Ltd., the diversified trading arm of Sir Yue-Kong Pao's commercial empire, reported
HONG KONG BANK DIRECTOR FACES MULTIPLE CHARGES
P.T. Bangsberg |
A second director of failed Ka Wah Bank Ltd. appeared in court Thursday to face an array of fraud ch
NEW ORDERS FOR COAL CARS FAIL TO MEET EXPECTATIONS
Andrea Chancellor |
Demand for steel and aluminum railroad cars to haul coal has not met the expectations of car manufac
Rail News
OIL INTERESTS PROPOSE STREAMLINING AT GENOA
Andrew Mutter |
A proposal for the extensive restructuring of the leading Italian port of Genoa has been presented t
Maritime
WORKERS' COMP COSTS DRIVE MINN. TRUCKER TO SOUTH DAKOTA
Gregory S. Johnson |
Most truckers don't mind rolling their rigs a few more miles for some extra bucks. But seein
Trucking News
EXPORT BRIEFS
Wire and Staff Reports |
Ex-Im Bank Examining Local Level AuthorityThe Export-Import Bank is examining whether to giv
Maritime
LEFTIST FARMERS TO FIGHT PHILIPPINE LAND REFORM
(Ap) |
Leftist peasants denounced President Corazon Aquino's land reform program. Mrs. Aquino signe
Maritime
DELTA NAMES NEW CHIEFS
Journal of Commerce Staff |
R.W. Allen was elected chairman and chief executive of Delta Air Lines Inc., effective Aug. 1. He re
NEWS SUMMARY
JOC Staff |
AVIATION Britain's Civil Aviation Authority defends its safety record. 5BA Texas Air Corp. s
DALLAS EDGES OUT HOUSTON IN POPULATION GROWTH LIST
(Ap) |
Dallas edged past Texas rival Houston in the Census Bureau's latest population estimates for the nat
COST OF CREDIT
JOC Staff |
Thu., July 23, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FINANCIAL BRIEFS
Wire and Staff Reports |
BankAmerica Posts $1.1 Billion LossSAN FRANCISCO - BankAmerica Corp., the nation's second-la
FIRM GETS PACT TO MOVE SUPER HEAVY TRUCKLOADS
Andrea Chancellor |
A Chicago Heights specialty trucking company got a contract to move three major shipments of million
Trucking News
AVIATION BRIEFS
Wire and Staff Reports |
Testimony Continues In Merger HearingsAfter an administrative law judge moved swiftly to sch
Air Cargo
BOWERS GETS ILA'S TOP SPOT
Marie Prat |
John M. Bowers, a fifth-generation dockworker who has served 24 years as the No. 2 man in Thomas W.
Maritime
NAVAJO ECONOMIC SUMMIT A FIRST
Paul Weingarten |
A fierce wind tore across the desolate high desert, kicking up a blinding dust storm, spooking the g
THREE US OIL MAJORS BID FOR BLOCKS OFFSHORE INDIA
Neel Patri |
Three U.S. oil majors are among bidders on the final list for offshore exploration contracts India p
ARCTIC LAND SWAP PUT ON HOLD
(Ap) |
The Interior Department has placed a hold on its plan to trade away oil rights in a portion of the A
NEW PRODUCTS MARKETPLACE DO-IT-YOURSELF KIT IS BATTERY-OPERATED
JOC Staff |
Edutech, a company in India, has manufactured a portable educational electronic do-it-yourself kit t
Maritime
TAX CUTS HELP ARGENTINE CRUSHERS
Journal of Commerce Staff |
Argentina's oilseeds processing industry appears to be the biggest winnerfrom across-the-boa
Maritime
DURABLE GOODS ORDERS CLIMBED 1.4 PERCENT IN JUNE
(Ap) |
Orders for "big ticket" durable goods, bolstered by a sharp rise in demand for military hardware, cl
US NAVY REPOSSESSES SUBMARINE MUSEUM
(Ap) |
The U.S. Navy is repossessing a decommissioned World War II submarine that has been a tourist attrac
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Toxic Fluids Seized From Italian VesselFinance police in the Italian port of Genoa have sequ
Maritime
CANADIAN DIVERSIONS DECLINE
Robert F. Morison |
The Maritime Administration has reported That the value of U.S. export and import traffic moving thr
Maritime
TAIWAN SET TO REVISE HARBOR TAX
(Ap) |
Taiwan will reintroduce a harbor tax on exports and reduce a tariff on imports to raise funds for po
Maritime
US NAVY TO ABANDON ALUMINUM DECKHOUSES
(Ap) |
The U.S. Navy has virtually abandoned the use of aluminum superstructures for newly designed warship
Maritime
MACK, UAW MIGHT REACH NO-WIN STAGE
Michael S. Lelyveld |
The dispute between Mack Trucks Inc. and the United Auto Workers may be turning into a fight no one
Trucking News
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