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TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe U.S. economy will enjoy at least two more years of moderate economic growth,
DEPRESSION IN THE SHIPPING INDUSTRY ALMOST OVER, SAYS LEADING BANKER
Janet Porter |
The depression in the shipping industry is almost over, according to a leading shipping banker.<
WORLD TODAY
From Wire and Staff Reports |
Dystrophy Gene Found NEW YORK - Researchers have found the long-sought gene responsible for
TRANSPORT BILLS FACE DEADLINE IN CONGRESS
David M. Cawthorne |
Bills with a range of provisions affecting the trucking and railroad industries are caught up in the
SHIP PROVISIONS REMOVED FROM SPENDING BILL
Robert F. Morison |
House and Senate conference committee members removed a package of maritime provisions from the big
BANKRUPTCIES TIED TO RISE IN YEN GROW
A.E. Cullison |
Corporate bankruptcy cases linked to the sharply appreciating yen continued to increase in September
CONN. WATCHDOG UNIT MONITORS P/C RATES
James Nolan |
A Connecticut Insurance Department watchdog unit has been formed to see that property/casualty under
NEW ORLEANS ILA LOCAL VOTES PACT, CAN'T WORK
Joseph Bonney |
The largest International Longshoremen's Association local in New Orleans voted to end a six-day-ol
WEST COAST EXPORTS DROP DESPITE WEAKER DOLLAR
John Davies |
Nobody has to tell John Fratt, Kalama's port director, that West Coast exports are down. Mr.
MAN CHARGED WITH MURDER IN FRAUD CASE
(Ap) |
A man allegedly killed his 5-year-old daughter with an overdose of medicine and suffocated his lover
CORNELL RESEARCHERS FOCUS ON AGRICULTURAL PROJECTS
(Ap) |
While Cornell is internationally renowned for its Nobel Prize laureates and famed authors, New York'
WEATHER HURTS US COTTON CROP
(Ap) |
By harvest's end, the 1986-87 U.S. cotton crop could drop to 9.5 million to 9.6 million bales, sever
I.C.H. TO BUY SHARES OF FIRST EXECUTIVE CORP.
JOC Staff |
I.C.H. Corp., a Louisville, Ky.-based insurance holding company, said it is acquiring 9.9 percent of
AUTO COVER REFORM SEEN COMING IN CALIF.
(Ap) |
Auto insurance rates can vary as much as 300 percent in California, depending on where the driver li
INSURANCE BRIEFS
From Wire and Staff Reports |
NJ Youths Write Rap On Seat Belt UseNEWARK, N.J. - Three eighth graders from the Bergen St.
8 PERCENT RISE REPORTED IN SERIOUS CRIMES
(Ap) |
The number of serious crimes reported to police rose 8 percent in the first half of 1986, the bigges
KILLINGS CALLED JUST A COINCIDENCE
(Ap) |
One burglar's skull was smashed with an ax handle. An electrified booby trap killed a thief leaving
COUNCIL PROTESTS DILLINGHAM PACT UNION LEADERS REJECT STRIKE ON FEARS OF OUTSIDE LABOR
Journal of Commerce Special |
Dillingham Ship Repair unilaterally put a new work contract into effect this week, triggering a prot
Maritime
RISING HEALTH CARE COSTS TOPIC OF DEBATE IN CONN.
TOM McNIFF Jr. |
Stung by an average 18 percent authorized increase in hospital rates, various segments of Connecticu
IRGENS LARSEN TO TAKE OVER THREE REEFERS
Journal of Commerce Special |
Irgens Larsen A/S of Oslo will take over the operation of three advanced refrigerated ships ordered
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Thailand to Barter Rice For Iranian Crude OilNICOSIA, Cyprus - Surat Osathanukroh, Thai comm
NEW REGISTRY FOCUS OF DEBATE HONG KONG OWNERS DISPUTE SOME KEY POINTS OF PROPOSAL
P.T. Bangsberg |
Proposals for an independent shipping registry generally have been welcomed by local shipowners, tho
Maritime
HIJACKED HAITIANS RETURN FROM CUBA
(Ap) |
Several hundred Haitians, who have been in Cuba since their ferry was hijacked two months ago, were
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Portland, Dallas Named Air Gateways to TokyoPORTLAND, Ore. - As expected, President Reagan h
Maritime
INDIAN LAND TALKS STALLED
Bruce Johnson |
An effort to revive land claim settlement negotiations between the Puyallup Indian Tribe and the por
Maritime
ASEAN WANTS MORE ACCESS TO EUROPEAN MARKET
(Ap) |
The Association of Southeast Asian Nations will lobby for greater market access to the European Comm
Maritime
CON ED ENJOYS BENEFITS OF INCREASED POWER USE
Kirby V. Freeman |
Consolidated Edison Co. of New York said increases in electricity use among commercial and office cu
ARGENTINA CLINCHES INVESTMENTS
Jeremy Morgan |
The head of Yacimientos Petroliferos Fiscales, Argentina's state oil corporation, claimed investment
YAMATO OPENS DOOR FOR UPS IN FAR EAST
Larry Sterne |
A pact between United Parcel Service and Yamato Transport Co., a Japanese package carrier will allow
TRAFFIC BRIEFS
From Wire and Staff Reports |
Iveco Trucks Offers Rebates on PurchasesBLUE BELL, Pa. - Beginning Oct. 15, Iveco Trucks wil
AVIATION BRIEFS
From Wire and Staff Reports |
Swissair Picks Atlanta For New US GatewaySwissair has chosen Atlanta, the second largest air
REFINING AN INDUSTRY BRIGHT SPOT - FOR NOW
Dallas Morning News |
Refining has turned out to be the bright spot in the petroleum industry's year of the great price co
NISSAN INTRODUCING NEW TRACTOR TO US
Michael S. Lelyveld |
Nissan Diesel America Inc. announced it will introduce a Class 7 tractor to the U.S. market. The new
PEOPLE'S FUTURE UNSURE TEXAS AIR'S INTENT UNKNOWN DESPITE DOT ACTION
Tim Neale |
The future of People Express Corp. remained uncertain following the government's tentative approval
IML READIES US EXPANSION PLANS
Larry Sterne |
IML Air Courier, a London-based unit of British & Commonwealth Holdings PLC, is planning to use its
GELCO UNITS UP FOR GRABS LEASING GROUP SAYS BUYERS AVAILABLE FOR DIVISIONS
Michael S. Lelyveld |
Gelco Corp. said it has found potential buyers for five of the company's units that it intends to se
TRUCK SALES DECLINED IN SEPTEMBER
Michael S. Lelyveld |
Retail truck sales fell in September for all but the lightest classes of trucks, according to the Mo
ALASKA AIR GROUP EARNINGS INCREASE
JOC Staff |
Alaska Air Group Inc. reported third quarter net income increased to $17.9 million, or $1.43 a share
TRANSPORT CALENDAR
JOC Staff |
Air Cargo Association, monthly meeting. Oct. 16, Viscount Hotel at JFK International Airport. Speak
IT'S THE END OF THE ROAD FOR CABOOSES
Bob Wiedrich |
The little red caboose is going the way of the little red schoolhouse. And if railroad manag
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