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Commentary
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MORE AIR FARE WARS SEEN UNLIKELY
Larry Sterne |
The top executive of Piedmont Airlines added his support to those airline officials who believe 1987
TEST CAR EXPERIMENT UNDER WAY IN CANADA
Journal of Commerce Special |
Four major steamship lines have contributed containers for the first railroad revenue trial of a dou
US, PERU SIGN AIR AGREEMENT
Tim Neale |
Direct air service between the United States and Peru may resume June 12 under an agreement signed b
TRANSPORT CALENDAR
JOC Staff |
Transportation Research Board Railroad Transportation Meeting, Jan. 12-15, Sheraton Washington Hotel
LUFTHANSA THROWS MUSCLE BEHIND CAAC
Marion Cotter |
Lufthansa German Airlines is throwing its technological muscle behind CAAC, China's national airline
INFORMAL ALLIANCE HAS RAIL SECTOR'S ATTENTION
David M. Cawthorne |
The railroad industry is worried about an informal alliance of coal, utility and labor interests in
FEDERAL EXPRESS NET INCOME DOWN
JOC Staff |
Federal Express Corp. reported second quarter net income from continuing operations declined to $34.
POLISH COMMUNISTS CALL FOR REFORM
(Ap) |
Poland's Communist Party Central Committee opened a key two-day meeting on the economy and heard a s
Maritime
BAA EXPECTS NEW GROWTH AREAS
Edwin Unsworth |
The British Airports Authority PLC, which manages seven key airports, hopes that its privatization n
FOREIGN HEADLINES
From Wire and Staff Reports |
Marcos Plea Rejected MANILA, Philippines - President Corazon Aquino's government rejected an
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Kato, Lyng to Meet TOKYO - Japanese Agriculture, Forestry and Fisheries Minister Mutsuki Kat
Maritime
ROUTE SHARING IN EUROPE? UK DECISION COULD SWAY AIRLINES' THINKING
Edwin Unsworth |
A decision from Britain's Civil Aviation Authority expected early in the New Year on whether a route
LEVY VOWS TO CONTINUE RENAULT RESTRUCTURING PLAN
(Ap) |
Raymond Levy, the new chairman of France's state-owned Renault car company, said he will continue t
Maritime
REPORT FOCUSES ON US-CANADA TRADE
Journal of Commerce Special |
The top three issues dominating the U.S.-Canada trade scene from July to September this year were th
Maritime
W. GERMANS UNVEIL DATA CURRENT ACCOUNT SURPLUS SHOWS SIGNS OF RECEDING
Jess Lukomski |
Latest figures from West Germany's central bank show the country's current account surplus is begin
Maritime
BELGIAN TUG OWNERS RAP GOVERNMENT
Simon Cameron Moore |
The tug strike in Belgian ports entered its third day Wednesday with tug owners blaming the governme
Maritime
DOLLAR DRIFTS SLOWLY LOWER ON LACK OF NEWS IN MARKET
Knight-Ridder Financial |
The U.S. dollar drifted slowly lower in lackluster trading Wednesday. Analysts said the mark
MARAD WANTS TO ALTER PREFERENCE RATE SYSTEM
Robert F. Morison |
The Maritime Administration wants to change its basis for calculating fair and reasonable rates on g
Maritime
STOCKS DECLINE AFTER TWO GAINS
RIPLEY WATSON Jr. |
Lower stock index futures prices and caution ahead of Friday's triple witching hour combined to push
NEW ZEALAND TO BOOST SHIPPING LINE'S CAPITAL
Journal of Commerce Staff |
A capital boost of more than $100 million will be approved by the New Zealand government this month
Maritime
VENEZUELA SEEKING DEBT RESCHEDULING
(Ap) |
Venezuela has asked creditors to give it until the year 2000 to repay $21 billion of foreign debts
GROUP BIDS FMC LIMIT LEGAL FEES TWRA ASKS FOR CEILING ON REPARATIONS CASE COSTS
Robert F. Morison |
A group of ocean carriers wants the Federal Maritime Commission to put a ceiling on legal fees the F
Maritime
BIG CRANE BARGE LAUNCHED IN ITALY
Thomas Taylor |
The world's largest semi-submersible crane barge for posing offshore drilling platforms was launched
Maritime
CHINA LAUNCHES INTERBANK NETWORK
Knight-Ridder Financial |
Banking reforms have helped China to launch a national network for rural interbank borrowing and len
FINANCIAL BRIEFS
From Wire and Staff Reports |
'No Room to Cut Rates,' Bundesbank SaysThere is no room to cut West German interest rates, t
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
BOONE PICKENS DEFENDS 1-SHARE, 1-VOTE RULE
(Ap) |
A proposal before the Securities and Exchange Commission that would end voting rights for some stock
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 17, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
US COMPUTER FIRMS FIGHT BRAZIL RULES
Journal of Commerce Staff |
U.S. computer companies are apparently taking a harder line toward Brazil's computer trade and inves
YEAR A DISCOURAGING ONE FOR AUSTRALIA'S BANKS
Vincent W. Stove |
This year will not be remembered with much affection by Australia's three major private banks.<
DEFICIT ESTIMATES GROW AS USUAL
John Boyd |
There are some things you can depend on: Night follows day, autumn gives way to winter, and low esti
HOG-CORN RATIO NO LONGER USEFUL
Dirck Steimel |
The hog market has never been better for farmers, according to Agriculture Department statistics. S
FRIDAY GOAL SET FOR LUMBER PACT
Helen Ericson |
U.S. and Canadian negotiators set Friday as the goal for agreement on the softwood lumber dispute, b
TOOL IMPORT THREAT GENERATES CONCERN
Richard Lawrence |
West German and Swiss officials voiced concern over the Reagan administration's threat to impose im
ON THE MOVE
Staff Report |
Port of Toledo Expands JobsOf OfficialsTOLEDO, Ohio - Gary L. Failor, seaport direct
CME ACTS TO CURB STOCK PRICE SWINGS
(Ap) |
The Chicago Mercantile Exchange announced plans to change futures settlement procedures, a move aime
AUSTRALIA TO FEEL PINCH FROM US SUGAR QUOTA CUT
Knight-Ridder Financial |
The Australian sugar industry was disappointed that the U.S. had gone ahead with a 47 percent cut in
WHEAT COUNCIL SEES DROP IN SOVIET IMPORT NEEDS
(Ap) |
Soviet grain imports in the current marketing year could drop to 20 million metric tons, an official
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