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ON THE MOVE - UTILITIES
JOC Staff |
EASTERN UTILITIES ASSOCIATES (Boston) - Donald G. Pardus, president, was named chief operating offic
WESTMORELAND COAL VIEWED AS GEM AMONG DULL STONES
Dan Stets |
These have not been the best of times for Westmoreland Coal Co., the oldest independent coal company
COAL BRIEFS
Wire and Staff Reports |
Canada OKs Power Sale Despite OppositionCanada's National Energy Board said it has approved
ENERGY BRIEFS
Wire and Staff Reports |
CMS Signs Gas Pacts For Converted PlantJACKSON, Mich. - CMS Energy Corp. said it signed thre
SYSTEM SPEEDS OIL COMPANY COMMUNICATIONS
Tony Seideman |
A new service has given the oil industry a potent tool in dealing with rapidly fluctuating oil price
EXXON, ASHLAND OIL REPORT EARNINGS ROSE IN QUARTER
(Ap) |
Exxon Corp., New York, reported 1987 fourth quarter net income of $1.56 billion or $1.12 a share com
SPOT PRODUCT PRICES
JOC Staff |
January 25, 1988 U.S. spot oil products price indications, sellers range, in cents per gallo
ON THE MOVE - OIL/GAS
Wire and Staff Reports |
AMERICAN ULTRAMAR LTD. (Tarrytown, N.Y.) - Peter L. Raven was appointed president. He was chief fina
BRITOIL REJECTS LATEST OFFER FROM BP
Edwin Unsworth |
Britoil PLC, the United Kingdom's largest independent oil company, on Monday rejected a sweetened ta
ENERGY BRIEFS
Wire and Staff Reports |
Shake-up Likely At Saudi Oil CompanyA shake-up is likely at Petromin, the Saudi Arabian oil
GASOLINE PRICES DOWN 2.21 CENTS
(Ap) |
The average price of gasoline is down more than two cents a gallon fromDecember's average, a
ENERGY BRIEFS
Wire and Staff Reports |
UK North Sea Output Declined During 1987Crude oil production in the British North Sea fell t
BFGOODRICH IN TIRE VENTURE WITH MALAYSIA
P.T. Bangsberg |
BFGoodrich Co. is moving aggressively into the Asia-Pacific region through a joint venture signed Mo
Air Cargo
US, CANADA HOPE TO DRAFT ACCORD ON EXPRESS MAIL
Ira Breskin |
Within several months U.S. and Canadian postal authorities hope to draft a formal agreement spelling
Air Cargo
BURNLEY WILL SUPPORT LOCAL NOISE POLICIES
Dave Higdon |
Transportation Secretary James Burnley Monday ruled out any prospects that the Transportation Depart
Air Cargo
GARUDA BACK IN THE BLACK
P.T. Bangsberg |
Garuda, the state-owned Indonesian airline, moved into the black in calendar 1987, posting gross pro
Air Cargo
POST OFFICE SETS RURAL DELIVERY PACT
Journal of Commerce Staff |
The U.S. Postal Service and its 36,500 rural letter carriers have reached a tentative contract agree
Air Cargo
ICC ALLOWS SP TO PROVIDE DATA TO RIO GRANDE
Howard S. Abramson |
The Interstate Commerce Commission has granted a protective order that willallow the Souther
Rail News
AVIATION BRIEFS
Wire and Staff Reports |
Malaysia Airlines To Buy Boeing 747-400KUALA LUMPUR, Malaysia - Malaysia Airlines agreed to
Air Cargo
CP RAIL AWARDS TRACK-LAYING PACT
Journal of Commerce Staff |
CP Rail has awarded a contract for the laying of more than 10 miles of concrete slab track in the Se
Rail News
RAIL BRIEFS
Wire and Staff Reports |
Oak Industries' Unit Now Called NordcoOak Industries Inc. has taken a new name, Nordco Inc.,
Rail News
GE RAILCAR SERVICES OPTIMISTIC ON GROWTH
Andrea Chancellor |
GE Railcar Services expanded at a rapid pace last year and it won't slow down all that much in 1988.
Rail News
CONGRESS MAY ACT TO BLOCK JAPAN FROM PUBLIC WORKS
Keith M. Rockwell |
Legislation will be presented today in the House of Representatives aimed at stripping away tax bene
US STEEL OUTPUT ROSE 8 PERCENT IN 1987
Journal of Commerce Staff |
U.S. raw steel output last year rose 8.4 percent to 88,472,000 net tons, the American Iron and Steel
TACOMA COMMISSIONERS ENCOURAGE IDEA OF PAY HIKE
John Davies |
Port of Tacoma commissioners unanimously support a measure to raise the pay for Seattle and Tacoma p
Maritime
SCHROEDER: CONGRESS TO TAKE CUE FROM VOTERS
John Boyd |
The way Congress handles trade and budget issues this year will depend on signals from voters in the
DOT FORMS NEW OFFICE TO REVIEW SAFETY ISSUES
Leo Abruzzese |
The Department of Transportation will create a permanent new office to evaluate independently the ef
ORANGE PORT COMES ALIVE
Marie Prat |
The port of Orange was roused from its sleepy existence as a "lay berth" port in 1987, handling 148,
Maritime
HAPAG-LLOYD'S GOAL? DIVERSIFY
Erich E. Toll |
Hapag-Lloyd AG probably will continue to de-emphasize shipping and turn increasingly to more lucrati
Maritime
NORWEGIAN LINE ORDERS TWO SHIPS FROM SPAIN
Journal of Commerce Special |
Knutsen OAS Shipping of Haugesund has ordered two vessels from the Spanish shipbuilding group Astill
Maritime
BURNLEY DEFEATS TRANSPORT BUDGET CUTS
Dave Higdon |
Thanks to the sales effort of Transportation Secretary James Burnley, officials say, the Federal Avi
BOX TRAFFIC RISES 23 PERCENT AT HALIFAX
Journal of Commerce Staff |
The port of Halifax announced a record year in 1987 for both container and total cargo. Cont
Maritime
US FIRMS FLOCK TO MEXICO
Chicago Tribune |
American companies, assembling everything from cars to men's trousers, are fleeing to Mexican border
ANL PLANS TO REDUCE FLEET FURTHER THIS YEAR
Journal of Commerce Special |
Australian National Line plans to continue to reduce its fleet during 1988. The government-o
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Morflot Freightliners Using New High CubesMorflot Freightliners Ltd. has introduced 200 new
Maritime
NEW TAX BURDEN MAY CHASE MORE US FIRMS FROM S. AFRICA
Tony Koenderman |
More U.S. companies may withdraw from South Africa following congressional cancellation of the doubl
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INSURANCE BRIEFS
From Wire and Staff Reports |
College of Insurance Elects New PresidentDr. Ellen Thrower, professor of insurance and direc
TRUCKING BRIEFS
Wire and Staff Reports |
Circle, Roadrunner Announce Merger PactCircle Express Inc. and Roadrunner Enterprises Inc. a
Trucking News
COMMISSION RECOMMENDS PROGRAM TO REBUILD MARITIME INDUSTRIES
Robert F. Morison |
The president's Commission on Merchant Marine and Defense recommended a seven-point program to overc
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