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SHIPPERS' GROUP IN NY PINS HOPES ON RAIL PROJECTS
Gregory S. Johnson |
A Long Island, N.Y., shippers' group is hoping ongoing rail improvements will help area railroads ca
Rail News
ENERGY FUTURES TRADERS SEE OIL PRICE PLUNGE CONTINUING
John Maggs |
Oil prices plummeted for the third straight day Wednesday, as a key U.S. refiner cut its crude oil p
ICC ASKED TO REVIEW MIDSOUTH PURCHASE PLAN
Howard S. Abramson |
Two small southern railroads asked the Interstate Commerce Commission to conduct a full-scale review
Rail News
CHRYSLER COULD SEE LAWSUIT IN CANADA
(Ap) |
Chrysler Canada Ltd. could be charged under Canadian law if it refuses to compensate about 6,100 Can
Trucking News
CANADIANS RELIEVED TRADE PACT WITH US WILL EXCLUDE TRUCKING
Andrew Tausz |
A collective sigh of relief is being let out by Canadian truckers now that trucking has been exclude
Trucking News
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
WORLD MONEY FRONT DOLLAR FALLS TO NEW LOW AGAINST JAPAN'S YEN
Knight-Ridder Financial |
The U.S. dollar slumped to a record low against the yen while weakening against other key currencies
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
DUKAKIS OUTLINES HIS TRANSPORT PLAN
Howard S. Abramson |
Michael S. Dukakis is unusual among the large field of presidential hopefuls in that he has enunciat
AT&T BELL LABS ANNOUNCES FIBER SYSTEM ADVANCEMENT
(Ap) |
AT&T Bell Laboratories announced Wednesday it has built an experimental system that can transmit sig
INSURANCE BRIEFS
From Wire and Staff Reports |
Medigap Cover Costs Linked to Age in Md.Blue Cross and Blue Shield of Maryland will begin ma
POOR GRAIN HARVESTS FORCE CHINA TO ENTER FERTILIZER MARKET
Gary Aderman |
Declining grain production forced China to reverse past practice and import chemical fertilizer heav
PAKISTANI TAKES STAND IN NUCLEAR EXPORT CASE
(Ap) |
A Pakistani resident of Toronto accused of trying to export metals used in nuclear weapons has denie
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Autos Lead Surge In UK ManufacturingBritish manufacturing output is growing at its fastest r
Maritime
AUTOS STILL BRIGHT SPOT IN BALTIMORE CARGO PICTURE
JOHN H. GORMLEY Jr. |
Baltimore's cargo volume this year will be about the same as last year, while the number of automobi
Maritime
SOUTH KOREAN WARRIOR BEETLES CHOMP INTO SHRUBBERY PESTS
(Ap) |
A couple of warrior beetles from South Korea are being used to fight tiny sucking insects that threa
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
VESSEL CREW HOSPITALIZED AFTER TOXIC CARGO MISHAP
(Ap) |
The eight-man crew of the Panamanian-registered freighter Roberto was in good condition here Wednesd
Maritime
ANTI-FROST BACTERIA TESTED AGAIN
(Ap) |
Scientists conducted a second outdoor test of genetically altered bacteria designed to inhibit frost
PENNWALT BUYS FRENCH LINE OF AGRICHEMICALS
Journal of Commerce Staff |
Pennwalt Corp. announced that it has acquired a $50-million-a-year line of fungicides, insecticides
FEDERAL PAPER BOARD GETS OK TO CONTINUE MILL EXPANSION
Journal of Commerce Staff |
Federal Paper Board Co. announced that its board of directors have approved the continuation of a $4
FAO SEEKS BACKING IN DRIVE TO PRESERVE RARE PLANT GENES
(Ap) |
The director general of the United Nations Food and Agriculture Organization recently urged industri
WASHINGTON UTILITY TESTS MONTANA COAL BY JOHN MAGGS AND TIM SANSBURY
Journal of Commerce Staff |
Puget Sound Power & Light Co. is conducting test burns of Montana coal at two Centralia, Wash., powe
RAIL BRIEFS
From Wire and Staff Reports |
FTC to Relax Terms Of General Signal OrderThe Federal Trade Commission agreed to relax the t
Rail News
IRAN HITS TANKER, INTERCEPTS VESSELS
(Ap) |
An Iranian gunboat Wednesday attacked a Greek-flagged tanker with rocket- propelled grenades in the
Maritime
HARBOR OFFICIAL DIES IN LA
Journal of Commerce Staff |
Kenneth E. Lord, a member on the Los Angeles Board of Harbor Commissioners, died Tuesday. He was 54
Maritime
BRAZIL TO END MORATORIUM IN EXCHANGE FOR NEW LOANS
(Ap) |
Western commercial banks are giving Brazil $3 billion worth of new financing in exchange for assuran
MEXICO SLASHES BUDGET TO BRAKE SOARING INFLATION
WILLIAM A. ORME Jr. |
An emergency government program to slow inflation and spur growth may not produce the desired short-
CALIF. COVER STUDY SAYS: 'YOU BETTER SHOP AROUND'
(Ap) |
Careful shopping for homeowners' insurance can yield large savings, according to a survey by the sta
ON THE MOVE SIN TO CHAIR HONG KONG EXCHANGE
Journal of Commerce Staff Report |
HONG KONG - Ronald Li, the flamboyant and controversial chairman of the Hong Kong Stock Exchange, st
POST OFFICE 'NOT BLUFFING' ON CUTBACKS
(Ap) |
Postmaster General Preston R. Tisch charged Wednesday that federal Budget Director James C. Miller "
LARGEST BOX LINE TAKES STEP TOWARD A PAPERLESS OFFICE
Tony Seideman |
Evergreen International (U.S.A.) Corp. has cast the latest link in an electronic chain that will eve
AVIATION BRIEFS
From Wire and Staff Reports |
Air France Agrees To Buy 16 Boeing JetsPARIS - Air France has reached a $2 billion agreement
Air Cargo
JAPANESE EXPORTERS TURN LOSSES INTO GAINS
(Ap) |
Faced with falling sales because the soaring yen, Japanese export manufacturers are adapting new str
Maritime
CANADA TO REMOVE LUMBER EXPORT FEE
Journal of Commerce Staff |
The United States and Canada reached an agreement Wednesday to remove export charges of 15 percent o
Maritime
ILA PLEDGES COOPERATION IN MD.
JOHN H. GORMLEY Jr. |
A membership revolt that ousted the leaders of the largest dockworkers local in Baltimore will not m
Maritime
PHILLIPS MOVES TO REDUCE COSTS
Journal of Commerce Staff |
Phillips Petroleum Co. Wednesday announced a reduction in its work force by 7 percent to 10 percent,
AMOCO TO BOOST CAPITAL SPENDING
Chicago Tribune |
Amoco Corp., indicating it believes this week's plunge in oil prices won't last, announced a 15 perc
TRADERS BEARISH DESPITE MOVE
Abu Dhabi |
Abu Dhabi appears to be the first member of the Organization of Petroleum Exporting Countries to not
SHIP TOLL IN GULF WAR NEARSHALF OF WORLD WAR II TOTAL
(Ap) |
Nearly 3 million tons of shipping has been sunk or written off in the Persian Gulf since July in the
Maritime
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