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INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Sumitronics to Sell Calif. Firm's SoftwareSUNNYVALE, Calif. - Creative Visual Software Inc.
Maritime
TRADE RECIPROCITY BACKED
Bill Mongelluzzo |
The best trade policy for the United States would be based on reciprocity, Rep. Glenn Anderson told
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
BANKINGThe Supreme Court let stand previous rulings allowing banks to sell mutualfun
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Hydrofoil Burns, Sinks In the River PlateBUENOS AIRES, Argentina - Almost 20 people were fea
Maritime
HALCO CUTS LAKES FLEET FIRM SELLS TANKERS, SEEKS TO CONTRACT OUT BULKERS
Leo Ryan |
A long-established Canadian Great Lakes operator, Halco Inc. of Montreal, announced an agreement to
Maritime
APL EXPANDS OPERATIONS
Journal of Commerce Staff |
American President Lines extended its cross-trade cargo operations to include container service link
Maritime
REINSURERS FORM NEW TRADE GROUP
C.A. Carpenter |
Pitfalls in the growing use of syndication in the U.S. reinsurance industry have led to the formatio
VERMONT SCHEDULES HEARINGS ON COMMERCIAL AUTO RATES
Journal of Commerce Staff |
State insurance commissioner Thomas P. Menson has summoned commercial auto insurers to a public hea
EARNINGS
JOC Staff |
Continental's Profits Tripled in 3rd QuarterNEW YORK Continental Corp. reported third quart
MUTUALS ESTABLISH D&O FIRM
Journal of Commerce Staff |
A dozen mutual life insurance companies formed their own directors and officers liability insurance
INSURANCE BRIEFS
From Wire and Staff Reports |
$1.65 Million Lawsuit May Spur Class ActionA $1.65 million lawsuit, described as the beginni
SUPREME COURT HEARS AIRLINE TAX ARGUMENT
Helen Ericson |
The Supreme Court took another step toward a decision on how states must interpret a federal law bar
SUPREME COURT RULES ON WRONGFUL DEATHS
Leah R. Young |
The Supreme Court ruled that federal wrongful death awards to the families of slain police officers
AIG RAISING FUNDS TO FORM NEW UNIT
JOC Staff |
American International Group Inc. said it is attempting to raise at least $100 million to form a gen
TEXAS AIR CHANGES TERMS OF PEOPLE PACT
(Ap) |
People Express Inc.'s sagging finances have forced it and Texas Air Corp. tocut $24 million
AVIATION BRIEFS
From Wire and Staff Reports |
Travel in Last Year 54 percent for PleasureMore than half the flights taken by U.S. traveler
EARNINGS
From Wire and Staff Reports |
Boeing Cites Interest, Sales for Earnings RiseBoeing Co. reported 1986 third quarter earning
SCHIPHOL CARGO TRAFFIC UP 9 PERCENT IN THIRD QUARTER
Simon Cameron Moore |
Air cargo transported via Amsterdam's Schiphol airport totaled 327,900 metric tons in the third quar
IATA EXPECTS BIG LOSSES RED INK SEEN DESPITE SIGNS OF RECOVERY
Journal of Commerce Staff |
The International Air Transport Association is projecting that its 147 airline members will lose a t
ICC REBUFFS BUREAU'S RATE PLAN
Journal of Commerce Staff |
The Interstate Commerce Commission ordered Pacific Inland Tariff Bureau to cancel a planned restruct
BORDEAUX LOOKS FOR FREIGHT
Howard Schissel |
Bordeaux's Merignac airport is counting on a growth in express package services in 1987 to provide a
SHIPPER GROUPS SCORE CHARGE PROPOSAL
Journal of Commerce Staff |
Shipper groups sharply attacked a trucking industry proposal to require special charges if refusal t
CONRAIL LABOR SAYS LAYOFFS UNDER WAY
Tom Belden |
Conrail is considering ways to cut its labor costs by about 6 percent to 10 percent and already is e
CONRAIL NET INCOME DECLINES IN QUARTER
Journal of Commerce Staff |
Consolidated Rail Corp. reported net income of $107 million or $3.82 a share for the third quarter a
BN TO SELL SEATTLE TRACK STRIP TO BE USED FOR WATERFRONT REDEVELOPMENT
Gloria Joseph |
Tracks belonging to Burlington Northern Railroad are being offered to the city of Seattle so that a
GREECE, ISRAEL JOIN TO ATTRACT US TOURISTS
Victor Walker |
Responding to travel industry pressure, Greece is to join Israel in a common effort in the United St
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Truckers Target Calif. For Lobbying EffortsThe Interstate Carriers Conference urged federal
REPORTS SHOW PROBLEMS WITH S. CALIF. RADAR
JOC Staff |
Complaints of malfunctions in radar equipment used to track planes over Southern California have bro
BARGE CALL RATES
Knight-Ridder Financial |
The following are the results of Monday's St. Louis Merchants Exchange call session for barge freig
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
AFRICAN STATES WOO INVESTORS
(Ap) |
Nine southern African states, seeking to cut their dependence on white-led South Africa, launched a
Maritime
FOREIGN DEBTS TOTAL $1.2 BILLION IN LIBERIA
(Ap) |
Poverty-stricken Liberia's economy continues to worsen, and the west African nation's foreign debts
Maritime
ACCORD EXPECTED ON MEXICO LOAN APPROVAL LIKELY WITHIN WEEK ON MULTIBILLION-DOLLAR PACKAGE
Rose A. Horowitz |
Agreement from Mexico's commercial creditors on a multibillion-dollar loan package is expected to be
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Cobra Inhabits Factory NEW DELHI, India - An engineering factory near the beach resort of Go
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Israeli President's Tour TEL AVIV, Israel - President Chaim Herzog began an 18-day tour of A
Maritime
DOLLAR STRETCHES FURTHER IN EUROPEAN COUNTRIES
(Ap) |
Despite its sharp decline against the European currencies, the U.S. dollar still buys more here than
Maritime
BRAZIL EYES FALL IN SHOE EXPORTS
James Bruce |
Shortages of leather and specialized labor plus a booming domestic market threaten the Brazilian sho
Maritime
INDONESIA EASES INVESTMENT PATH
P.T. Bangsberg |
Foreign businesses operating in Indonesia gave a generally warm welcome to further government moves
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
ITT, CGE Agree To Expand VentureITT Corp. and France's state-owned Compagnie Generale d'Elec
Maritime
AUTOMATED DATA EXCHANGE ENHANCES WORLD TRADE
Bill Mongelluzzo |
The international trade community has made significant progress in expediting the exchange of docume
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