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CRUDE PRICES SURGE, FALL BACK
Journal of Commerce Staff |
Crude oil prices surged on the New York Mercantile Exchange Wednesday on news of an oil terminal bom
EC EXTENDS STEEL QUOTAS
(Ap) |
The European Community's steel ministers have extended the present quota system on steel production
MOST PILOTS SAY AIR TRAVEL IS SAFE
Journal of Commerce Staff |
While the majority of airline pilots believe commercial-airline travel is safe, 43 percent believe a
INSURANCE BRIEFS
From Wire and Staff Reports |
PBGC Pension Plans Face Higher PremiumsAbout 17 percent of the 112,000 private pension plans
W. GERMAN ECONOMY WON'T BE LOCOMOTIVE
Erich E. Toll |
West German economists reacted favorably Wednesday to the Group of Seven statement on stabilizing th
SPRINKEL SPELLS OUT LIMITS ON US DEFENSE OF DOLLAR
Richard Lawrence |
A top administration official raised doubts that the United States would defend the dollar at curren
NY COMMISSION TO AUDIT LILCO BOARD OF DIRECTORS
Journal of Commerce Special |
The New York Public Service Commission will audit the board of directors of the Long Island Lighting
CONGRESS TACKLES ISSUE OF US-CITIZEN CREWS
Robert F. Morison |
Stiffer requirements for the manning of U.S.-flag vessels by U.S. citizens are in the cards, thanks
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
Brazilian Financing Is Fully SubscribedNEW YORK - A $3 billion interim financing for Brazil
ANTITRUST EXEMPTION ISSUE SPURS ACTIVITY IN WASHINGTON
Howard S. Abramson |
The dispute over continuing the antitrust exemption for the Trailer Train Co. has led to a flurry of
Rail News
DOUGLAS OFFICIAL SEEKS INCENTIVES IN AIR PROGRAM
Bill Mongelluzzo |
More air carriers would participate in the Civil Reserve Aircraft Fleet program if the government wo
Air Cargo
PROTECTIONIST CLAMOR COULD RESURFACE
(Ap) |
The push for trade protectionism that gathered steam in the United States in mid-1987 has faltered.
Maritime
TRUCKING BRIEFS
Wire and Staff Reports |
Penn State Professor Leaves Logistics GroupLOUISVILLE, Ky. - Dr. Joseph L. Cavinato, associa
Trucking News
POSTAL SERVICE SLASHES CONSTRUCTION PROJECTS
(Ap) |
Cancellation of three-fourths of 1988 construction projects and closing of some post offices for at
BLACK MONDAY MAY CUT SALES OF HEAVY TRUCKS
Michael S. Lelyveld |
A second major forecasting firm has lowered its estimates for heavy-truck sales next year in the wak
Trucking News
PACIFIC REGION STATES AVERAGE HIGHER PAY
(Ap) |
The Pacific region's eight states averaged higher annual pay than the rest of the United States this
CURRENCY FEE RISE COULD BOOST PRICES OF US PRODUCTS
Rose A. Horowitz |
An increase in currency surcharges on cargo to Japan from North America won't squeeze U.S. exporters
Maritime
NERCO, UTILITY FUELS SETTLE COAL SUPPLY ROW
Tim Sansbury |
Nerco Inc. announced it has resolved a dispute with Utility Fuels Inc. over a long-term coal supply
INDUSTRY BREATHES EASIER ON OIL RIG WASTE ISSUE
Kenneth Reid |
The oil industry is breathing easier after learning that the U.S. Environmental Protection Agency is
UK MOVE UPSETS BP BID FOR BRITOIL
Edwin Unsworth |
The future of Britoil PLC, Britain's largest oil producer, was thrown into confusion Wednesday. Brit
BRANIFF FAILS IN BID FOR PAN AM
Ira Breskin |
It's back to square one for Pan Am Corp. and its unions. The two sides are expected to get t
Air Cargo
JAPAN MAY CUT IMPORT TARIFFS ON 107 ITEMS
(Ap) |
Japan plans cuts next fiscal year in its import duties on 107 items rangingfrom chocolate to
Maritime
PENN SHIP DIVERSIFICATION PAYS OFF
James Nolan |
The concept is simple, like all good ideas. It goes like this: Shipyard workers know how to load shi
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Coast Guard Further Tightens Its BeltThe Coast Guard, one of the hardest hit agencies in the
Maritime
PRICE HIKES THREATEN ELECTRONICS BUYERS
Dallas Morning News |
Shoppers yearning for VCRs and "camcorders" under their Christmas trees are advised to buy now, as J
Maritime
ILA TAKES CONCILIATORY STANCE
JOHN H. GORMLEY Jr. |
John Bowers, the president of the International Longshoremen's Association, said he is no longer pre
Maritime
HAZARDOUS WASTE PROJECT PROPOSED FOR GUYANA
Charles Thurston |
Pott Industries Corp. hopes to establish what may be the first commercial hazardous waste incinerato
FORMER EMPLOYEES, INVESTORS BUY WEDTECH COATINGS UNIT
Journal of Commerce Staff |
A group of former employees and New York area investors has purchased Wedtech Corp.'s high technolog
GLAXO, SANDOZ REACH MARKETING AGREEMENT
Journal of Commerce Staff |
Glaxo Inc. and Sandoz Pharmaceuticals Corp. of East Hanover, N.J., have signed a letter of intent on
IMPORT BRIEFS
Wire and Staff Reports |
Malaysia Expects Dip In Palm Oil ProductionMalaysia's crude palm oil output in December will
Maritime
BRITISH CHANCELLOR SAYS US MUST BE READY TO RAISE RATES
Janet Porter |
The absence of any clear reference to interest rates in the latest statement by the Group of Seven m
COST OF CREDIT
JOC Staff |
Wed., Dec. 23, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
RAIL BRIEFS
Wire and Staff Reports |
ICC Refuses to Give Data on BN Line SaleThe Interstate Commerce Commission refused to provid
Rail News
PRODUCT QUALITY CALLED JAPANESE EDGE
Mark Magnier |
The U.S. dollar may fall to the 70-yen level over the next two years, says the head of a Japanese tr
THE JOY OF 'BEING' SANTA EXCEEDS THE GIFT OF GIVING
Andrea Chancellor |
There's affirmative action at the North Pole. Proof positive is that during the holidays I d
NEW REPORTING SOFTWARE UNVEILED
Journal of Commerce Staff |
An easier, more efficient means of complying with the regulatory requirements of the National Associ
AIDS COSTS PROMPT TRANSAMERICA TO ENTER LAB TESTING BUSINESS
Journal of Commerce Staff |
The current and future cost of the AIDS epidemic for life insurers has prompted San Francisco-based
PLAN CAREFULLY TO KEEP COSTS DOWN IN JAPAN
Christopher Lofting |
The slide of the U.S. dollar against a variety of world currencies has reached serious proportions,
Air Cargo
GROUP OF 7 STATEMENT LIFTS DOLLAR INITIALLY
Knight-Ridder Financial |
The U.S. dollar rose early Wednesday in reaction to the Group of Seven's statement urging dollar sta
FORD DENIES VIOLATION OF ANTI-APARTHEID LAW
(Ap) |
Ford Motor Co. said its transfer of $61 million to a former South African subsidiary was legal, deny
Maritime
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