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ILA PROPOSAL WORRIES CANADIAN SHIP INTERESTS
Leo Ryan |
Shippers, shipowners and port employers in eastern Canada are casting an anxious eye at a concerted
OIL, GAS DRILLING DOWN 38 PERCENT
(Ap) |
Thirty-eight percent fewer oil and gas wells were drilled in the United States in 1986 than in 1985,
ENERGY BRIEFS
From Wire and Staff Reports |
3 Companies Raise Crude Oil PostingsAtlantic Richfield Co. raised its posted purchase price
OPEC SUPPORT GROWS EGYPT, ECUADOR TO RESTRICT OIL PRODUCTION
(Ap) |
Efforts to bolster oil prices by the Organization of Petroleum Exporting Countries continue drawing
ETHICS SEEN ERODING IN CHARTER MARKET
Journal of Commerce Staff |
The reduced flow of worldwide waterborne trade has been accompanied by an erosion of ethical standar
Maritime
COPPER SMELTER CLOSES
(Ap) |
The aging Phelps Dodge Corp. smelter here wheezed to its last gasps Wednesday in a shutdown that cre
FOCUS ON IMPORTS US TO STEP UP SHOE IMPORTS FROM BRAZIL
James Bruce |
U.S. imports of Brazilian shoes should grow by as much as 10 percent this year, even though it will
Maritime
FREIGHT FUTURE TRADING HECTIC IN RECENT WEEKS
Chris Dupin |
Trading of freight rate futures has been hectic in recent weeks as demand for Panamax-size dry bulk
Maritime
MARINE CASUALTIES
JOC Staff |
Managers of the Liberian steam tanker Achilles advised that the vessel is discharging at the Larak I
Maritime
CFTC ASKS CBT TO CLARIFY EVENING TRADING PROPOSAL
Knight-Ridder Financial |
Although the Chicago Board of Trade has not yet submitted a formal proposal to federal regulators re
PLAN FOR RAIL LINK REVIVED
Journal of Commerce Special |
The Brazilian Transport Ministry has rejuvenated a longstanding dream of building an 807-mile railwa
CELANESE FORMS SOFTWARE UNIT
Journal of Commerce Staff |
Celanese Corp. announced the formation of Corporate Class Software Inc., a new subsidiary designed t
ON THE MOVE
Staff Report |
Postal Service AnnouncesAppointmentsThe United States Postal Service has announced t
THE ECONOMY
From Wire and Staff Reports |
Retail Sales Jumped 4.4 percentIn DecemberRetail sales in the United States, bolster
FUEL OIL SUPPLIES SLIP WHILE GASOLINE STOCKS CLIMB
Journal of Commerce Staff |
Supplies of distillate fuel oil declined marginally, while gasoline inventories rose substantially,
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
LILCO FILES SUIT OVER SHOREHAM UTILITY CHARGES CONSPIRACY TO BLOCK OPENING OF PLANT
Journal of Commerce Staff |
Long Island Lighting Co. filed a federal suit challenging the legality of New York state's and Suffo
AVIATION BRIEFS
From Wire and Staff Reports |
Ansett Prepares to Bid For 49 percent Stake in AustralSYDNEY, Australia - Ansett, the Austra
THIEVES GO FOR GOLD AT FEDERAL EXPRESS
Michael S. Lelyveld |
Three men wearing Halloween masks held up a Federal Express terminal at gunpoint Monday afternoon an
PORTS, RAIL CELEBRATE NEW INTERMODAL YARD
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach and the Southern Pacific Transportation Co. today will unve
Maritime
LINEUP SET FOR MERCHANT MARINE PANEL
Journal of Commerce Staff |
The Merchant Marine Subcommittee of the Senate Commerce Committee will have a lineup of two Republic
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
DOT Denies Petition On Electronic RecordersThe Department of Transportation has denied a pet
CONRAIL ENGINEERS SUBJECT OF PROBE
(Ap) |
The investigation into the collision of an Amtrak train and three Conrail locomotives is trying to d
BANKAMERICA DENIES ASKING FOR AID
JOC Staff |
A local spokesman denied a report that BankAmerica Corp. of the United States had informally approa
Maritime
REPORT A HARBINGER OF WAR ON DOLLAR?
Alan Zimmerman |
Although the White House and Treasury have rejected a published report Wednesday that Washington wan
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan's NEC to Build UK Production FacilityNEC Corp., Japan's largest manufacturer of semico
Maritime
TORT REFORM FUELS DEBATE COMMERCIAL LIABILITY ABANDONMENT THREATENED
James Nolan |
Either society will reform the tort liability system, or major insurance companies will abandon the
FLEX RATING HELD DOOMED TO FAIL
Alan Herbert |
The flex rating system, a modified prior approval plan to permit commercial insurance rates to vary
US EPICURES COULD FIND EC TRADE WAR UNPALATABLE
Rose A. Horowitz |
A picnic basket of favorite foods and wines? Brie cheese, white wine and olives with an endive salad
MARITIME BRIEFS
From Wire and Staff Reports |
OOCL Extends Service To Include New YorkOAKLAND, Calif. - Orient Overseas Container Line sai
Maritime
NO PROGRESS REPORTED IN COLOMBIAN CARGO ROW
Robert F. Morison |
The U.S. State Department reported there has been no progress in reaching an accommodation with Colo
Maritime
BRUNEI SAGA CONTINUES
Joyce Quek |
The saga of attempts to collect outstanding funds from National Bank of Brunei enters a new chapter
Maritime
FUTURE LOOKS DIM FOR SMALL RAILROAD
Carl Cahill |
Its general offices are in a house trailer here and its name is little-known outside the Shenandoah
AT&T TRANSFERS PREGNANT WOMEN
JOC Staff |
Responding to a semiconductor industry study finding high miscarriage rates in certain jobs, America
Maritime
WORLD TODAY
From Wire and Staff Reports |
AmTrans Plans Service AmTrans, a unit of Crowley Maritime Corp., announced plans to start a
NEWS SUMMARY
JOC Staff |
GENERAL NEWS U.S. consumers were more confident in December than in many months, the Confere
F.X. COUGHLIN BUYS BELLY SPACE FEDERAL EXPRESS CONFIRMS THREE-MONTH CONTRACT
Kevin D. Thompson |
Federal Express confirmed it has agreed to sell 1.3 million pounds a week of cargo capacity on its t
GOLD INSTITUTE FORECASTS RISE IN WORLD PRODUCTION TO 1989
(Ap) |
World gold production rose 5 percent in 1986 to 50.846 million troy ounces, and will increase every
AETNA UNIT GAINS ACCESS TO TAIWAN
Alan Herbert |
Aetna International has convinced authorities in Taiwan to grant it an unrestricted license to sell
INSIDE TALK ON ENERGY
Andrea Chancellor |
GOOD NEWS FOR SPOT COAL? Two new coal transportation contracts signed by Oklahoma Gas & Electric Co.
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