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TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe U.S. economy grew at a minuscule annual rate of 0.6 percent from April throu
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Provision Approved MANILA, Philippines - A panel drafting a new constitution approved a prov
Maritime
BRAZIL TO FREE IMPORTS OF BEEF, PORK AND FISH
JOC Staff |
Brazil decided Wednesday to free the importation of beef, pork and fish through the end of 1987 and
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Foster Wheeler Gets Waste Plant ContractLIVINGSTON, N.J. - Foster Wheeler Passaic Inc., a un
GASOLINE INVENTORIES STAY UP, COUNTER TO TRENDS
Journal of Commerce Staff |
Gasoline inventories continued to run counter to normal seasonal trends and rose for the fourth con
PLASTICS CORNER
Journal of Commerce Staff |
Polysar AcquiresBusinessLEOMINSTER, Mass. - The plastics division of Polysar Inc. an
ENERGY BRIEFS
From Wire and Staff Reports |
Short-covering Lifts Spot Crude in EuropeCrude oil prices firmed on the Northwest European s
ICI CONSOLIDATES CHEMICAL UNITS FOUR BUSINESSES BECOME ONE TO STRENGTHEN HOLD ON EUROPE
Journal of Commerce Staff |
Imperial Chemical Industries PLC announced that it will merge four of its mainstream chemical busine
SQUIBB INTRODUCES FISH OIL IN CAPSULES
Journal of Commerce Staff |
Squibb Mark, the consumer products division of Squibb United States, Thursday introduced Proto-Chol
DOT PROPOSES MAJOR TRUCK SAFETY CHANGES
David M. Cawthorne |
Department of Transportation staffers proposed several changes in government truck safety. T
DOT APPROVES TEXAS AIR-EASTERN PLAN
Juliana King |
The Department of Transportation gave tentative approval to Texas Air Corp.'s new plan to purchase E
CONTINENTAL WINS LONDON SERVICE
Journal of Commerce Staff |
Continental Airlines Inc. received new temporary authority to provide jet service between Denver and
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
RHINE CONTAINER TRAFFIC PRESENTS INSURANCE CONCERN
Journal of Commerce Staff |
Marine underwriters were told Thursday they face a new type of risk owing to the greatly increased a
MARITIME BRIEFS
From Wire and Staff Reports |
NMC Plans Luncheon Sept. 25 in BostonTwo ocean steamship conference executives are scheduled
Maritime
HOLLOWAY STRESSES WORTH OF MERCHANT FLEET
Mark Magnier |
The recovery of the U.S. merchant marine fleet depends on the active support of government and comme
Maritime
NEI RECEIVES PERMIT TO INCINERATE PCBS
Journal of Commerce Staff |
National Electric Inc., environmental contractors, was granted approval by the EPA for a 10-year per
ON THE MOVE
Staff Report |
Barber Blue Names HjeldeChief of UnitHans J. Hjelde, veteran Norwegian shipping exec
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe U.S. economy grew at a minuscule annual rate of 0.6 percent from April throu
IMF EYES ARGENTINE STATISTICS
Jeremy Morgan |
A team from the International Monetary Fund has quietly arrived in Argentina to collect data for app
INDONESIA STRIKES DEAL IRAN TO SUPPLY CRUDE, BUY COMMODITIES
P.T. Bangsberg |
One of Asia's largest oil producers, Indonesia, will import Iranian crude for a refinery in central
AVIATION BRIEFS
from wire and staff reports |
Northwest Employees Facing LayoffsNorthwest Airlines is laying off nearly 800employees and f
ARGENTINA FOCUSES ON YACYRETA
Jeremy Morgan |
The Argentine government suspended several joint projects with Paraguay to focus resources on the 2,
OMEGA-3: NEXT BIG CRAZE
Journal of Commerce Staff |
Sales of omega-3 fatty acids from fish oils are accelerating and will become ''the next big craze" a
AT&T LIKELY TO DROP THAI PHONE DIRECTORY
P.T. Bangsberg |
American Telephone & Telegraph Co. appears on the verge of abandoning its first - unhappy - venture
Maritime
RISE IN MEAT SUPPLY SEEN
Knight-Ridder Financial |
World meat production in 1987 is expected to total 129.9 million metric tons, up 1 percent from 128.
FILIPINOS GEAR UP FOR SALE
Richard Gourlay |
It is sale time in the Philippines. Government-controlled banks, companies and assets, which bankers
RAIL PURCHASE EXEMPT FROM RULES
Journal of Commerce Staff |
Paducah & Louisville Railway Inc. is exempt from Interstate CommerceCommission regulation of
VPA AUTOMATES MANIFEST SYSTEM CUTS IN PROCESSING TIME, COSTS EXPECTED WITH ELECTRONIC LINKS
Tim Neale |
Vessel operators calling at Hampton Roads can transmit ship manifests to the U.S. Customs Service el
Maritime
SEA-LAND COMBINES ATLANTIC, MIDEAST UNITS
Journal of Commerce Staff |
Sea-Land Corp. announced a further step in the restructuring of its principal operating unit, Sea-La
Maritime
LINDA STERN'S ECONOMIC BEAT
Linda Stern |
THE FEDERAL RESERVE BOARD, to use its own cliche, may not be taking away the punchbowl just as the p
SALVAGERS GET LAST OF SUNKEN SOVIET GOLD
(Ap) |
Salvagers have recovered the last of a shipment of Soviet gold destined to pay for U.S. arms in Worl
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Sept. 6, 1986, total piggyback freight hauled on the nation's major railroads equ
LATEST HIJACKING FAILS TO SLOW BOOKINGS FOR FALL
Christopher Lofting |
And just when you thought it was safe to go back in the air again. All summer long the trave
NRC PROBING SOURCE OF PLANT WOES ARTICLE
(Ap) |
The federal Nuclear Regulatory Commission has begun an internal investigation into the source of a n
GNP FIGURES DON'T REFLECT CHEAP OIL
Knight-Ridder Financial |
Second-quarter U.S. Gross National Product figures do not yet reflect the full positive effects of l
PETROLEUM PRICES FALL ON CASH MART
Knight-Ridder Financial |
The cash petroleum market continues to be burdened by the large supplies that have pressured cash pr
DOLLAR FALLS BELOW 2 MARKS WITH NO BOTTOM IN SIGHT
Knight-Ridder Financial |
The U.S. dollar fell below 2.000 deutsche marks Thursday for the first time since February 1981 and
LEACH GETS NEW POST AT HOUSTON
Gary Taylor |
Richard P. Leach agreed to stay at the Port of Houston Authority in a new position that could make h
BANK OF BOSTON EYES PHILIPPINES
P.T. Bangsberg |
The Bank of Boston is holding talks on purchase of a government-run bank in the Philippines under th
Maritime
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