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AUSTRALIA FIGHTING FOR AVIATION PACT
Vincent W. Stove |
"Australia is in the position of being in a David and Goliath fight against one of the world's large
Air Cargo
RAIL BRIEFS
Wire and Staff Reports |
Escanaba & Northern To Buy C&NW TrackCHICAGO - Chicago and North Western Transportation Co.
Rail News
INVESTOR GROUP PLANS TO TAKE OVER ALLEGIS
(Ap) |
An investor group led by Coniston Partners said it had acquired a 13 percent stake in Allegis Corp.,
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
Dole Warns '88 Budget Would Hurt Air ServiceTransportation Secretary Elizabeth Dole is warni
Air Cargo
HIGH COURT REJECTS MILWAUKEE ROAD BID
Helen Ericson |
The Supreme Court Tuesday refused to review a lower court ruling that bars Milwaukee Road shareholde
Rail News
AID PUTS PACT WITHIN VERSATILE'S REACH
Mark Wilson |
A Canadian merchant bank has come to the aid of cash-strapped Versatile Corp. of Vancouver, which is
Maritime
GRAIN, CHEMICALS BOOST RAIL TRAFFIC
Michael S. Lelyveld |
Strength in grain and chemical loadings in the first quarter of this year led rail traffic through t
Rail News
WATERMAN OBJECTS TO LYKES EXPANSION
Journal of Commerce Staff |
Waterman Steamship Corp. objected to a proposed doubling of service by Lykes Bros. Steamship Co. bet
Maritime
HIGH COURT RULES US LAW CONTROLS SUITS ON SAFETY
Leah R. Young |
The Supreme Court ruled that federal labor law, not state tort law, controls suits by workers agains
HOME SALES SLIPPED 1.4 PERCENT
(Ap) |
Sales of existing homes edged down 1.4 percent in April, a private real estate group said. T
JAPAN'S NET FOREIGN ASSETS SOAR
A.E. Cullison |
Japan's net foreign assets skyrocketed to an unprecedented high of $180.4 billion last year, officia
SOVIET SHIP BELIEVED POSSIBLY TARGETED
(Ap) |
An explosive device that crippled a Soviet oil tanker in the Persian Gulf on May 17 may have been de
Maritime
USDA INSPECTORS GET GOOD MARK ON JOBS
(Ap) |
Federal inspectors generally are doing a good job protecting the nation's meat and poultry supplies,
EC SHELVES TAX DEBATE ON OILS, FATS
Bruce Barnard |
The threat of another trade war between Europe and the United States was lifted, at least temporaril
MEXICO MAY WIDEN DEBT SWAP PROGRAM
WILLIAM A. ORME Jr. |
Mexican finance officials said they are designing mechanisms to allow Mexican nationals to participa
FLAG ISSUE STILL ALIVE IN CONGRESS
Robert F. Morison |
Congress clearly hasn't lost interest in the increasingly touchy proposal for the U.S. Navy possibly
'K' LINE ACTS TO REGAIN FIRM FOOTING
A.E. Cullison |
Kawasaki Kisen Kaisha, one of Japan's biggest shipping lines, launched an emergency rationalization
WORLD TODAY
From Wire and Staff Reports |
South Korean Cabinet Loses Eight MembersSEOUL, South Korea - President Chun Doo Hwan dismiss
TECHNIQUE EXPEDITES HONG KONG PORT JOB
P.T. Bangsberg |
One of two major projects to expand Hong Kong's containerport is running ahead of schedule, thanks t
COMP COST HIKE OPPOSED
(Ap) |
California employers are opposing a new request for a 12.2 percent rate increase for state workers c
HUNGRY SHARKS MAKING TOO MANY CABLE 'CALLS'
Noel Fletcher |
Mankind's latest telecommunications technology is falling victim to one of the oldest creatures on e
CHINA EXPERIMENTING WITH BANKRUPTCY
Noel Fletcher |
The auctioneer's hammer is falling on debt-ridden companies in Liaoning as the Chinese experiment wi
US SPRINT BETS ON FIBER OPTICS
Chicago Tribune |
Charles Skibo, the president of US Sprint Communications Co., is riding on a lightwave of optimism t
OUTLOOK FOR REINSURERS CLOUDY BY PAULA L. GREEN
Journal of Commerce Staff |
Although optimistic about the domestic reinsurance industry's first-quarterfinancial results
NEW PRODUCTS MARKETPLACE
JOC Staff |
British Firm Develops Motor-Testing DeviceMotech, a bench-top instrument used for laboratory
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
INDIA PLANS TO BOOST ENGINEERING EXPORTS
Neel Patri |
A government-backed body is working out a three-year plan to boost exports of light-engineering prod
Maritime
IMPORT FAIRS
Wire and Staff Reports |
Franchise Expositions Set for Eight US CitiesThe International Franchise Association will ho
Maritime
AUSTRALIANS SEEK DDT BAN
Knight-Ridder Financial |
Australian cattle producers have called for a ban on DDT insecticide after reports that traces of th
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Indian Bargemen Slow Jute Product ExportsNEW DELHI, India - Deliberate slow working by some
Maritime
LONDON PORT PROFITS FELL LAST YEAR
Janet Porter |
The Port of London Authority, which operates Britain's largest general cargo port, reported slightly
Maritime
JAPAN LINE POSTS BIG PRETAX LOSS
Knight-Ridder Financial |
Japan Line, one of the world's leading tanker operators, reported that its unconsolidated pretax los
Maritime
MARK MAGNIER'S INSIDE TALK ON SHIPPING
Mark Magnier |
A TORRENT OF PAPER crosses the journalist's desk each day from companies, associations and governmen
Maritime
US JONES ACT HIT IN CANADA
Leo Ryan |
Quebec Foreign Trade Minister Pierre MacDonald struck out against the Jones Act, which limits U.S. d
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INDONESIA'S GOLD PRODUCTION ROSE SHARPLY THROUGH APRIL
P.T. Bangsberg |
The amount of gold mined in Indonesia in the first four months of the year exceeded that for all of
DOLLAR SURGES ON BULLISH FEELING
Knight-Ridder Financial |
The U.S. dollar surged upward against most major foreign currencies Tuesday on what analysts describ
BLANCHARD PREDICTS $700 PLATINUM BY JULY
Journal of Commerce Staff |
Platinum prices should top $700 an ounce by July, according to James U. Blanchard, chairman of Blanc
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BOFA MAY SEEK HELP FROM JAPANESE BANKS
A.E. Cullison |
BankAmerica Corp. Chairman A.W. Clausen will seek Japanese financial assistance next week for fundin
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