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USL'S LONG HISTORY ENTERS A NEW CHAPTER
Chris Dupin |
Malcom McLean's grand designs for United States Lines haven't exactly worked out the way he planned,
Maritime
LONG-TERM DEBT OVER $11.7 BILLION
Journal of Commerce Staff |
According to a document filed with the Securities and Exchange Commission recently, McLean has long-
Maritime
MALCOM MCLEAN: FATHER OF CONTAINER IDEA
Chris Dupin |
Many men have played a role in the development of container shipping, but if the idea has a "father"
Maritime
NYSE REVIEWS MCLEAN LISTING
Gordon Platt |
The New York Stock Exchange said it is reviewing the eligibility for continued listing of McLean Ind
Maritime
THE DOLLAR DROPS ON BEARISH NEWS
Knight-Ridder Financial |
The U.S. dollar declined Tuesday because of a disappointing economic report and fresh signs of turmo
UNITED STATES LINES FLEET AS OF FEB. 28, 1986
JOC Staff |
Capacity Vessels: Year (40 ftOwned: Built Speed cntnrs)Round-the-World Service<
Maritime
RIGHT MAN FOR JOB: HILTZHEIMER
Stanford Erickson |
The re-emergence of Charles I. Hiltzheimer comes none too soon for United States Lines. If t
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS The stock market struggled to reach a new record as profit-taking clashed with
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INSURANCE ANALYSTS STILL HOPEFUL WEAK STOCK PRICES SEEN IGNORING FURTHER EARNINGS RECOVERY
C.A. Carpenter |
Growing uncertainty over whether the property and casualty insurance industry's earnings recovery wi
COST OF CREDIT
JOC Staff |
Tuesday, November 25, (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FINANCIAL BRIEFS
From Wire and Staff Reports |
FMC Corp. Considers Lawsuit Against BoeskyFMC Corp., which may have lost $360 million in the
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
NEW YORK COURT DISMISSES PARALYZED JOCKEY'S LAWSUIT
(Ap) |
Former jockey Ron Turcotte, who rode Secretariat when the horse won racing's Triple Crown in 1975, l
MARSH BUYS IDENTITY CONSULTANT
Journal of Commerce Staff |
Marsh & McLennan Cos., the world's largest insurance broker, acquired Lippincott & Margulies Inc., c
TOXIC SPILLS CLOUD AVAILABILITY CLIMATE
Edwin Unsworth |
European chemical companies, already facing sharply escalating insurance rates for liability cover,
SAN FRANCISCO REJECTS BAN ON TOBACCO ADS
(Ap) |
City supervisors have rejected a proposal that would have made San Francisco the first city in the c
IMPROVEMENT LOOMS IN '86 P/C 3RD QUARTER RESULTS ASSURE GOOD YEAR
Alan Herbert |
The property/casualty insurance industry scored a consolidated after-tax income of $3.0 billion for
INSURANCE BRIEFS
From Wire and Staff Reports |
Fraud Legislation Under Way in Pa.HARRISBURG, Pa. - The Pennsylvania Senate, by a vote of 50
OREGON RULES ON USE OF FOREIGN AUTO PARTS
James Nolan |
Oregon auto insurers will be required to tell motorists when their cars are being fixed with parts m
TEXAS EASTERN PLANS PIPELINE COMPANY SEEKS APPROVAL FOR 316 MILES OF GAS LINE
Journal of Commerce Staff |
Texas Eastern Gas Pipeline Co., a Texas Eastern Corp. operating unit, filed for Federal Energy Regul
SPOT PRODUCT PRICES
JOC Staff |
November 25, 1986 U.S. spot oil products price indications, sellers range, in cents per gall
YAMANI TOLD TO STAY IN SAUDI ARABIA
(Ap) |
Sheikh Ahmed Zaki Yamani, who was dismissed last month as Saudi Arabia's oil minister, has been orde
NO OIL PRICE HIKES IN SIGHT
(Ap) |
The oil industry can expect the prices of oil to stay around $15 a barrel during the next six to 12
ALASKA PLAN FACES HOSTILITY IN HOUSE
(Ap) |
The Interior Department's draft plan for development of Alaska's oil-rich, environmentally sensitive
PLATFORM ABLAZE
(Ap) |
An offshore oil platform belonging to the United Arab Emirates was ablaze in Persian Gulf waters, sh
ENERGY BRIEFS
From Wire and Staff Reports |
Iran Says Output Cut Vital to Oil Price HikeNICOSIA, Cyprus - An Iranian government official
EPA FINES CUMBERLAND FARMS
Journal of Commerce Staff |
The Environmental Protection Agency is assessing a $525,000 fine against Cumberland Farms, of Canton
REPORT BOOSTS PIPELINE BACKERS
(Ap) |
Backers of the proposed Iroquois natural gas pipeline are bolstering their position with the release
EUROPE'S FORWARDERS WARNED OF STRUGGLE FOR MARKET SHARE
Richard Malkin |
In the pleasant ambience of a strangely hushed restaurant, with the last vestiges of twilight transf
O'HARE SECURITY OVERHAUL SET
JOC Staff |
The city plans to reduce the number of Chicago police officers at O'Hare International Airport and i
UK REJECTS PUSH TO CUT OIL OUTPUT
(Ap) |
A top British energy official said that his government will continue to reject proposed limitations
CDG'S WHOLESALE CLUB TO EXPAND OPERATIONS
Kevin D. Thompson |
The Cargo Development Group said it will expand its Wholesale Club cargo operations in January to m
FLYING TIGER REFUSES OFFER FROM PILOTS
Journal of Commerce Staff |
Flying Tiger Line pilots offered to buy the financially ailing cargo airline but the company refused
EASTERN MERGER VOTED UNIONS VOW TO PURSUE SUIT TO BLOCK TAKEOVER
(Ap) |
Eastern Airlines abruptly ended a special shareholders' meeting after the gathering turned into a sh
JACKSON-VANIK HELD OBSTACLE TO TRADE
Helen Ericson |
If Congress takes up legislation to aid U.S. international economic competitiveness, it should consi
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Daewoo Will Supply Wing Ribs to BoeingSEOUL, Korea - Daewoo Heavy Industries Ltd. signed an
RULING ON USED OIL EASES TRUCKERS COSTS
Leo Abruzzese |
Truckers may be spared up to $1 billion a year in added costs following a government decision not t
HAULING FOR ALL SEASONS UPS, MACK UNVEIL ALL-WHEEL DRIVE TRACTOR
Michael S. Lelyveld |
There has been many a slip over the past three decades in the development of a tractor capable of h
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