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INSURANCE BRIEFS
From Wire and Staff Reports |
ST. PAUL COS. BOARD RAISES QUARTER DIVIDENDST. PAUL, Minn. - The St. Paul Cos. board
NJ SENATOR TO OFFER BILL TO REFORM SUPERFUND
From Wire and Staff Reports |
Sen. Frank Lautenberg, D-N.J., plans to introduce a bill in Congress Thursday that would ease the ru
LINCOLN EXPECTS $32.8 MILLION LOSS IN DISABILITY REINSURANCE BUSINESS
Knight-Ridder Newspapers |
Lincoln National Corp. is preparing for a $32.8 million loss in its disability-income reinsurance bu
INSURANCE EARNINGS
From Wire and Staff Reports |
OPERATING, NET INCOME FALL AT HARTFORD STEAMHARTFORD, Conn. - Hartford Steam Boiler
AETNA TO LIMIT RETIREE COVER, EXPECTS TO SAVE $50 MILLION
Associated Press |
Aetna Life & Casualty said it will limit how much it will spend toward the health insurance of retir
EX-BERKLEY EXECUTIVE TO HEAD ROYAL GROUP
Margo D. Beller |
Robert V. Mendelsohn, former president and chief operating officer of W.R. Berkley Corp., was electe
BUSINESS GROUP URGES CAUTION ON NEW ROUND OF TRADE TALKS
Richard Lawrence |
A major business group urged the government Tuesday to go slow toward undertaking any major new inte
TRADERS PLEASED WITH STABILITY OF CHINA'S MERGED YUAN
Nicko Goncharoff |
Jitters swept through Asian commodity markets last December when talk spread that China would unify
Maritime
FED VICE CHAIRMAN MULLINS TO RESIGN
Reuters |
The Federal Reserve Board said Tuesday that Vice Chairman David Mullins was resigning, effective Feb
IMO TO PUSH PANAMA FOR QUICKER PAYMENT OF MEMBERSHIP DUES FISCAL CONSTRAINTS HAMPER UN AGENCY
Janet Porter |
A top official from the International Maritime Organization will visit Panama this week to urge the
Maritime
MANAGEMENT PURCHASES SHIPPERS STEVEDORING
JOC Staff |
Shippers Stevedoring Co. said it concluded negotiations with Furness North America and purchased all
Maritime
PANAMA CONSIDERS NEW AUTHORITY FOR CANAL
Journal of Commerce Staff |
Panama's National Assembly is considering a constitutional amendment to establish an autonomous auth
Maritime
CNW HOLDINGS REPORTS JUMP IN EARNINGS FOR 4TH QUARTER
Lawrence H Kaufman |
Chicago & North Western Holdings Corp. earned $24.5 million, or 54 cents a share, in the fourth quar
BRITISH AIR LAUNCHES TWO ALL-CARGO RUNS
Special to The Journal of Commerce |
British Airways has launched two new all-cargo services - one to Scandinavia and the other to Hong K
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Jan. 22, total piggyback freight hauled on the nation's major railroads equaled 1
PEOPLE - TRANSPORT
From Wire and Staff Reports |
THRALL CAR MANUFACTURING CO. (Chicago Heights, Ill.) - Martin Graham was named to the newly created
SOARING RAIL FREIGHT RATES BURDEN SHIPPERS IN RUSSIA
Juliette Rossant |
Monthly increases in rail freight tariffs on Russia's state-owned railway system are pushing up pric
TRANSPORT BRIEFS
Wire and Staff Reports |
BA TAKES IT ON CHIN FROM VIRGIN AIR AGAINLONDON - British Airways took another defea
SHIPPERS WELCOME FESCO PLANS FOR AUSTRALIA
Bill Mongelluzzo |
Shippers and cargo consolidators say the entry of Russia's Far East Shipping Co. (Fesco) into the U.
MOST OF NATION'S MAJOR RAILROADS PLAN SELECTIVE RATE INCREASES IN '94
Lawrence H Kaufman |
U.S. railroad executives are ready to bet that the nation's economy has grown strong enough to toler
CUSTOMS COMBINES NJ INSPECTION SITES, ANGERS STEVEDORES
Alan Abrams |
U.S. Customs Monday made its long-expected move to cut its New Jersey marine inspection sites to fiv
Maritime
SALARIES INCREASING SLOWLY, TRUCKING SURVEY INDICATES
Rip Watson |
Trucking industry officials' average paychecks are rising 3 percent to 4 percent a year, with manage
AIRLINES FACE MORE CHARGES UNDER DOT PLAN
WILLIAM DiBENEDETTO |
The Department of Transportation's four-year airport improvement package calls for an expansion of f
UP DERAILMENT IN CALIFORNIA DUMPS HAZARDOUS MATERIALS
Journal of Commerce Staff |
An intermodal train operated by Union Pacific Railroad derailed in Fremont, Calif., Sunday, sending
SHIP LINES PROPOSE USE OF PERMANENT CREWS
Tim Shorrock |
U.S. shipping companies are pushing their seagoing unions to accept permanent crews on some vessels
CANADIAN STRIKE DRIVES CARGO TO US PORTS
John Davies |
Thousands of containers bound for Canadian ports have been diverted here and to Tacoma, Wash., as a
EU REPORT LIKELY TO BACK LIBERALIZATION OF AIRLINES
Bruce Barnard |
An eagerly awaited report on the future of Europe's crisis-struck airline industry is expected to ca
INDIA MOVES TO CRACK ITS AIRLINE MONOPOLY
N. Vasuki Rao |
The government's 40-year monopoly of domestic airlines is moving to a close with a presidential ordi
JOURNAL OF COMMERCE - FAST FACTS US CONSTRUCTION CONTRACTS
F.W. Dodge Division, McGraw-Hill Inc., New York |
No text.
TRANSPORT BRIEFS
Wire and Staff Reports |
SCHEDULED AIRLINES POST LOW ACCIDENT RATEWASHINGTON - The nation's scheduled airline
LA, LONG BEACH PORTS MISS DEADLINE AS ALAMEDA CORRIDOR TALKS CONTINUE
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach failed to make Monday's deadline to close on the purchase ag
CSXT URGED TO IMPROVE TRACK MAINTENANCE
Journal of Commerce Staff |
The National Transportation Safety Board's final report on a July 1991 fatal accident involving Amtr
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -0.331/25 95.71/26 96.01/27 96
DETOUR SPELLS RELIEF FOR S. CALIFORNIA TRUCKERS
Journal of Commerce Staff |
The Interstate 5 detour near Los Angeles was opened Saturday morning, providing truckers with a dire
COST OF CREDIT
JOC Staff |
Monday, Jan. 31, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
YELLOW CORP. REPORTS JUMP IN FOURTH-QUARTER EARNINGS
Journal of Commerce Staff |
Yellow Corp. reported fourth-quarter earnings of $12 million, or 43 cents a share, an 80 percent inc
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
GERMAN ENGINEERING WORKERS STRIKE AGAINST WAGE FREEZE
Reuters |
A strike by engineering workers Monday against management calls for a wage freeze and benefit cuts d
PIPELINE BOTTLENECK MAY FORCE REFINERS IN LOS ANGELES TO REDUCE SHIPMENTS
Knight-Ridder Financial |
Some Los Angeles area oil refiners, dependent on pipeline supplies of California crudes, could be fo
US, JAPAN RESUME TALKS ON LIBERALIZING TRADE
Richard Lawrence |
U.S. Trade Representative Mickey Kantor and Bowman Cutter, deputy director of the White House Econom
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