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ENERGY BRIEFS
From Wire and Staff Reports |
Japanese Agree to Buy Crude Oil From ChinaJapanese oil importers Tuesday agreed to buy 9.1 m
HIGHER PRICES HELP BOOST ARCO'S NET INCOME 431 PERCENT
(Ap) |
Atlantic Richfield Co. reported its net income rose 431 percent for the fourth period and nearly dou
BOEING PROFITS FELL 28 PERCENT IN '87
John Davies |
With sales of jetliners down by almost $1 billion and aircraft development costs up, profits at the
Air Cargo
SACCHARIN BLAMED FOR LUNG CANCER
(Ap) |
A Melrose Park factory worker has charged in a lawsuit that his lung cancer was caused by the artifi
COMMISSION SAYS DRASTIC STEPS LOOM IF ITS SHIPPING PROPOSALS ARE IGNORED
Robert F. Morison |
The President's Commission on Merchant Marine and Defense said its new recommendations for aiding th
Maritime
CARGO VOLUME QUADRUPLED DURING MCJUNKIN TENURE
Journal of Commerce Staff |
James H. McJunkin has been with the port of Long Beach for 25 years, but it took the Navy to introdu
Maritime
CHEMICAL EARNINGS
From Wire and Staff Reports |
Borden Net Income Rose in Fourth QuarterBorden Inc. reported net income for the fourth quart
AVIATION BRIEFS
From Wire and Staff Reports |
Controllers Continue Strikes in BelgiumBRUSSELS, Belgium - Air traffic controllers at Brusse
Air Cargo
RAIL BRIEFS
From Wire and Staff Reports |
Conrail Opens New Lumber CenterConrail has a new lumber transportation and distribution cent
Rail News
REPORT SAYS RAILS OVERCHARGED ARMY
(Ap) |
Millions of dollars in overcharges by railroad companies for shipping Army tanks and equipment went
Rail News
NEW PRODUCTS MARKETPLACE COLOR CONTROLLER CARD DEVELOPED IN BRITAIN
JOC Staff |
British developers have come up with a color display controller card for the IBM-PC-AT and compatibl
Maritime
WORLD TODAY
Wire and Staff Reports |
Long Beach Director Moves to New PositionLONG BEACH, Calif. - James H. McJunkin, executive d
PRUDENTIAL, USL SETTLE DECIMAL ERROR OUT OF COURT
James Nolan |
A $92.8 million dispute over a misplaced decimal point apparently is being settled out of court in t
TRADE FAIRS
Wire and Staff Reports |
Pre-Press Equipment Exhibition SetDUSSELDORF, West Germany - IMPRINTA 88, the world's larges
Transport, Trade and Regulation News
INTERNATIONAL BRIEFS
Wire and Staff Reports |
S. Korea Plans to Cut Japan Steel DeficitSEOUL, South Korea - South Korea plans to reduce it
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INSURANCE EARNINGS
From Wire and Staff Reports |
Operating Income Rises at Fireman'sNOVATO, Calif. - Fireman's Fund Corp. Tuesday reported th
AT&T TO CUT NJ 'REACH OUT' RATE
(Ap) |
American Telephone and Telegraph Co. notified the New Jersey Board of Public Utilities that it will
SALES BOOM AT NEW ENGLAND ELECTRIC
Tim Sansbury |
New England Electric System said that sales increased 5.8 percent in 1987, the largest growth rate s
ENERGY BRIEFS
From Wire and Staff Reports |
Detroit Edison Sales Rise in All CategoriesThe Detroit Edison Co. said that kilowatt-hour sa
GULF MEETING ADDRESSES OIL POLLUTION
(Ap) |
Iran and Iraq along with other gulf countries began a three-day workshop Monday on oil pollution in
Maritime
TRUCKING BRIEFS
From Wire and Staff Reports |
New Features Unveiled For Kenworth SleepersKIRKLAND, Wash. - Kenworth Truck Co. has announce
Trucking News
CRUISE VACATIONS NO LONGER JUST FOR AFFLUENT
Fort Lauderdale News & Sun-Sentinel |
Docked together at the port of Miami, the world's two largest passenger ships are a study in contras
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
JAMAICAN DECISION DIVIDES TRADERS
Canute James |
Jamaica's decision against renewing its contract with a Swiss company to inspect its imports and exp
WAGE HIKES SHOWED MODERATION LAST YEAR
John Boyd |
Labor costs grew moderately last year, but they rose enough to halt the pattern of ever-smaller annu
REAGAN DEMANDS CONGRESS REVAMP BUDGET PROCESS
John Boyd |
President Reagan kicked off his final year of shaping federal budgets with a threat that could shut
ITEL, FLEXI-VAN WILL PURCHASE XTRA CONTAINER, CHASSIS UNITS
Michael S. Lelyveld |
Itel Corp. of Chicago finally succeeded in its bid to put together the world's largest marine contai
DOLLAR FAILS TO ADVANCE ON JAPAN BUYING PLAN
Knight-Ridder Financial |
The U.S. dollar declined broadly Tuesday despite an uptick on news that Japan had allocated more mon
COST OF CREDIT
JOC Staff |
Tue., Jan. 26, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
NY LIABILITY RATES ROSE 200 PERCENT IN '85-86, REPORT SAYS
(Ap) |
Most liability insurance premiums increased in New York more than 200 percent in 1985 and 1986 in Ne
CHEMICAL BRIEFS
Wire and Staff Reports |
Health-Chem Sells Stocklin Supply UnitHealth-Chem Corp. completed the sale of its Stocklin S
COMPUTER, EQUIPMENT MAKERS PIN HOPES ON COCOM PARLEY
William Armbruster |
U.S. computer and business equipment manufacturers hope this week's high-level meeting of a multila
Maritime
BURNLEY TO HELP COAST GUARD
Robert F. Morison |
Transportation Secretary James H. Burnley said the administration will ask Congress to allow it to s
Maritime
MONTREAL REGISTERS BOX TRAFFIC RECORD
Leo Ryan |
The port of Montreal set a new record for container traffic for the fifth consecutive year in 1987.<
Maritime
OPERATORS LOSE BID FOR REVIEW OF LEASING CASE
Leah R. Young |
Western coal mine operators failed to convince the Supreme Court to review a lower court decision t
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
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 |
UK North Sea Output Declined During 1987Crude oil production in the British North Sea fell t
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