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BATUS MAKES HOSTILE BID FOR FARMERS
(Ap) |
BATUS Inc. Thursday launched a $4.5 billion hostile tender offer for Farmers Group Inc., one of the
FINNISH BANK'S EARNINGS RISE
Journal of Commerce Staff |
The Kansallis Group of Finland said earnings rose 17 percent last year to $169.8 million, or $1.32 a
MARITIME CALENDAR
JOC Staff |
National Customs Brokers & Forwarders Association of America. Annual convention. March 6-11 at the S
Maritime
CARRIERS JOCKEY FOR POSITION ON RATE HIKES
Leo Abruzzese |
Freight rates throughout much of the trucking industry are scheduled to rise on April 1, but sharp p
Trucking News
NEWEST IVARAN VESSEL WILL CARRY PASSENGERS
Rose A. Horowitz |
Passengers will be sailing from Brooklyn this weekend for South America aboard a new ship, the Ameri
Maritime
ARGENTINE DEBT WOES MAY HURT US BANKS
Knight-Ridder Financial |
Argentina's ability to service its $52 billion foreign debt will continue to weaken, and thus probab
POLICY ROW BEHIND DEPARTURE OF ARGENTINE ENERGY SECRETARY?
Jeremy Morgan |
Argentine Energy Secretary Jorge Lapena, who resigned suddenly Tuesday, said he had disagreed with P
IMPORTED CARS FEEL BITE OF PRICE HIKES
(Ap) |
Three years of price increases are beginning to take their toll on foreign car sales, as buyers taki
Maritime
GULFPORTDIRECTOR RESIGNS SUDDENLY
Marie Prat |
William T. Duke abruptly resigned this week as port director at Gulfport to work for an advertising/
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Minebea's US Unit Forms New CompanyCHATSWORTH, Calif. - NMB (USA) Inc., a subsidiary of Mine
Maritime
NY BANK TO TRANSFER PANAMANIAN FUNDS
(Ap) |
Republic National Bank of New York has agreed to transfer millions of dollars in Panamanian funds to
IBM RESEARCHERS BOOST SUPERCONDUCTIVITY THRESHOLD
Journal of Commerce Staff |
Scientists at the IBM Almaden Research Center here have found superconductivity , the loss of all el
US-KOREAN SHIP ACCESS TALKS ON HOLD
Journal of Commerce Staff |
The United States and South Korea are unlikely to resume talks on access to South Korea's shipping i
Maritime
THE REAL OLYMPIC SPIRIT KNOWS NO BOUNDARIES
Christopher Brooks |
Being a top national athlete isn't enough anymore. Olympic Organizing Committee President Peter Uebe
HOUSE OKS HEALTH BILL IN MASS.
(Ap) |
Gov. Michael S. Dukakis' first-in-the-nation proposal to provide health insurance to all Massachuset
SOFT MARKET MAY SLOW MOVES TOWARD AUTOMATION STANDARD
Paula L. Green |
The upcoming soft market will be another hurdle the insurance industry must clear as it moves towar
DOLLAR DRIFTS LOWER AHEAD OF JOBS DATA
Knight-Ridder Financial |
The U.S. dollar declined slightly against most currencies Thursday in quiet trading. Analyst
PEOPLE - FINANCIAL
From Wire and Staff Reports |
FIDELITY BANK (Philadelphia) - Bernard J. Morgan was named chairman and chief executive officer of F
BANK BILL OPENS SECURITIES DOORS, LIMITS ENTRY INTO INSURANCE SALES
Leah R. Young |
If the Senate Banking Committee has its way, bank holding companies will win vast new securities pow
FREIGHT RATE FUTURES
JOC Staff |
Mar. 3, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
PORT CHIEF TRAINS, MOTIVATES STAFFERS
Gloria Joseph |
Energizing a huge bureaucracy can be a tough job. James J. Kirk, director of the port depart
COURT SAYS EASTERN MONTANA CAN'T BUY LIBBY DAM POWER
(Ap) |
A federal court decision will mean that people in the Pacific Northwest can keep buying cheap electr
JAPANESE TO LOBBY YEUTTER ON BARRIERS
Journal of Commerce Staff |
The Japanese government appeared Thursday to be edging closer to phasing out its controls on beef an
Maritime
ACL STINT WAS EYE-OPENER FOR NY PORT OFFICIAL
Journal of Commerce Staff |
Working for a private company after spending years with a public agency - the Port Authority of New
Maritime
AUDITOR FOUND PERKS DURING 6-MONTH JOB AS POLICY PLANNER
Journal of Commerce Staff |
At cocktail parties, ears seemed to perk up when John Brill talked about his position as acting mana
Maritime
ALCAN SCOUTS PAPER SECTOR TO FIND PARTNERS FOR MILL
Brian Lewis |
British Columbia's Alcan Aluminum Ltd. is scouting the pulp and paper industry for partners to build
Maritime
HOUSE PANEL PROBES MILITARY POLICIES ON USE OF PLANES
David Hess |
Under pressure from congressional investigators, the Army has told its top Corps of Engineers genera
Air Cargo
PENNEY CHARTERS 747S TO CARRY INDIAN CARGO
Journal of Commerce Staff |
In order to supply quickly the $100 million worth of goods required for its major Exhibition India p
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
AAR Corp. Purchases Fourth Boeing 737-300ELK GROVE VILLAGE, Ill. - AAR Corp. has purchased a
Air Cargo
TRUCKING BRIEFS
Wire and Staff Reports |
Carolina Freight to Use Honeywell MainframeCHERRYVILLE, N.C. - Carolina Freight Carriers Cor
Trucking News
CUMMINS FEARS FALLOUT OF 1984 EMISSIONS RULE
Michael S. Lelyveld |
Cummins Engine Co. is worried that it has less than two years to perfect a new technology that its c
Trucking News
SHELL POSTS 14 PERCENT INCREASE IN EARNINGS
Journal of Commerce Staff |
The Royal Dutch/Shell Group of Companies announced a 14 percent rise in fourth quarter 1987 net inco
SPOT PRODUCT PRICES
JOC Staff |
Mar. 3, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
CHEMICAL MARKETS NAPHTHALENE MART EXPECTED TO HEAT UP
Shelina Shariff |
The long-static naphthalene market may warm up over the short term as a result of new applications a
MANAGER ON THE MOVE COVERS THE WATERFRONT
Journal of Commerce Staff |
Arnold Davis is out on the waterfront these days, talking with fishermen who will use the newly crea
Maritime
BALLOTING IN US ON SHIFT IN STANDARDS SET FOR NEAR FUTURE
Tony Seideman |
U.S. electronic data interchange standards are on the march. Ballots will be sent out soon t
PEOPLE - OIL/GAS
From Wire and Staff Reports |
SHELL OIL CO. (Houston) - John F. Bookout said he will resign June 30 as president and chief executi
AIRBUS STUDYING SITES FOR PRODUCTION IN US
John Davies |
Airbus Industrie, the European commercial jet manufacturer, says a year-long search for a site to bu
Air Cargo
COMMERCE SEEKS BUYER FOR MODERN RAIL PLANT
Journal of Commerce Staff |
The nation's most modern steel rail-making plant, shuttered since mid-1987 as a result of the bankru
Rail News
W. GERMANY PLANS FUTURES MART IN '89
Janet Guttsman |
West Germany's planned financial futures market is still on target for a late 1989 start-up, Ruedig
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