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NEWS SUMMARY
JOC Staff |
AVIATION Scandinavian Airlines System surprised executives by canceling its MD-11 order and
BANKING PROPOSALS DEBATED
(Ap) |
The chairman of the Senate Banking Committee warned Thursday that attempts to grant banks broad new
$6.4 BILLION IN AID PLEDGED FOR AFRICA
(Ap) |
Donors pledged $6.4 billion in African aid Friday in what World Bank officials called a crucial brea
NJ SUPREME COURT RULES AGAINST SPILL FUND TAXES
(Ap) |
The state Supreme Court here has ruled that the state Legislature must reimburse either the state's
OPEC'S NOVEMBER OUTPUT FELL 400,000 BARRELS A DAY
Knight-Ridder Financial |
The Organization of Petroleum Exporting Countries' oil output fell 400,000 barrels a day in November
FINANCIAL BRIEFS
Wire and Staff Reports |
Japan Posts $6 Billion Payments SurplusTOKYO - Japan posted a current account surplus of $6.
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
OFFSHORE PLANTS SEEN HARMFUL
Ray Alvareztorres |
U.S. companies that manufacture abroad are causing "terrible" long-term damage to the economy, said
Maritime
PRICES FIRM DESPITE SPLIT WITHIN OPEC
Bruce Barnard |
European spot oil prices closed Friday nearly 40 cents up on the week's lows despite clear signs tha
SAS CLOSER TO 767 BUY, RULES OUT MD-11, A340
Dave Higdon |
In a continuing effort to define its future fleet needs, Scandinavian Airlines System apparently fav
Air Cargo
MORE SEATS FOR CONN.-NY COMMUTERS
(Ap) |
Metro-North commuters accustomed to standing-room-only are getting some relief this month, as 54 new
Rail News
AUSTRALIA'S SUPERFREIGHTERS HELP TO REVIVE RAIL FREIGHT
Vincent W. Stove |
Superfreighters are helping Australian railroads retard the drift of freight to the trucking industr
Rail News
MARAD WINS IN FACE-OFF WITH NAVY
Journal of Commerce Staff |
The Maritime Administration has dodged a bullet. The future of its role as manager of the re
Maritime
CHINESE SEEK VENTURES WITH US AUTOMAKERS
(Ap) |
China is anxious to develop joint ventures with U.S. automakers as part of its effort to develop tra
Maritime
INSURANCE CALENDAR
JOC Staff |
The National Association of Insurance Commissioners will hold its 1987 Winter National Meeting Dec.
CLEAN AIR DEADLINE EXTENDED
Steven Thomma |
The House voted late last week to give U.S. cities more time to reduce smog and carbon monoxide poll
TANK TRUCK RULES IN NY VIOLATE DOT REGULATIONS
Leo Abruzzese |
Strict New York City rules limiting the tank truck movement of flammable cargoes violate federal haz
Trucking News
UK OFFICIAL URGES PRODUCERS TO KEEP DEEP MINES OPEN
Bruce Barnard |
European coal producers must not close deep mines because the current low international prices canno
VT. UTILITIES, QUEBEC SIGN POWER ACCORD
John Maggs |
Nine Vermont utilities will receive up to 500 megawatts of cheap hydroelectricit y from Quebec's pro
WITCO SELLS OIL, GAS PROPERTIES
Journal of Commerce Staff |
Witco Corp. said Friday it sold its crude oil and natural gas properties to Belden & Blake Corp., No
TRUCKING BRIEFS
From Wire and Staff Reports |
Circle Express Agrees To Acquire WhittenINDIANAPOLIS, Ind. - Circle Express Inc. has agreed
Trucking News
IMPORT BRIEFS
Wire and Staff Reports |
US Air Force to Buy Indonesian AircraftThe U.S. Air Force will buy light aircraft made in In
Maritime
CHERNOBYL UNIT 3 RETURNS TO SERVICE
(Ap) |
The third reactor at the Chernobyl nuclear power plant, badly damaged in the April 1986 explosion an
AUSTRALIA'S QANTAS LAMBASTES AIRLINES ON RATING TACTICS
Marion Cotter |
Australian-flag carrier Qantas has launched a scathing attack on airlines whose rating tactics are p
Air Cargo
EMBRAER SEEKS CUSTOMER HELP TO AVOID LOSSES
James Bruce |
The president of Brazilian aircraft manufacturer Embraer is talking to U.S. regional airline buyers
Air Cargo
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
HOW TO USE: To determine the codes for specific products and services of interest to you, co
Maritime
PORT CHIEFS TOLD TO VOICE NEEDS TO LAWMAKERS
Gloria Joseph |
In order for the American Association of Port Authorities to be effective within Washington, D.C., i
Maritime
NEW PRODUCTS MARKETPLACE CONICAL REFINER OFFERED FOR PAPER INDUSTRY
JOC Staff |
A Swedish company has developed a high-capacity conical refiner to be utilized in stock prep applica
Maritime
ON THE MOVE MD. INSURANCE COMMISSIONER MUHL RESIGNS
JOC Staff |
BALTIMORE - Edward J. Muhl, Maryland insurance commissioner since 1983 and outgoing president of the
PARENTS SUE DISTILLERS, BREWERIES OVER FETAL ALCOHOL SYNDROME
(Ap) |
Four couples whose children suffered from fetal alcohol syndrome have sued several liquor distillers
INSURANCE BRIEFS
From Wire and Staff Reports |
Bridge Collapse Probe Blames Building ErrorALBANY, N.Y. - The New York State Thruway bridge
YEUTTER SAYS GATT TALKS COULD BEAR FRUIT IN '88 MIDTERM REVIEW SLATED FOR LATE NEXT YEAR
Keith M. Rockwell |
The multilateral round of trade talks is proceeding smoothly and could yield tangible results as ear
COMBUSTION ENGINEERING ADDS USSR TO GLOBAL SALES BASKET
Sam Glasser |
Combustion Engineering's Charles Hugel plays down C-E's unprecedented shared- equity venture with th
CHEMICAL BRIEFS
From Wire and Staff Reports |
Lloyd's Register Starts Computer ServiceLloyd's Register of Shipping, one of the leading shi
BOARD AGAINST OPENING COAST WATERS TO CANADA
Gloria Joseph |
The Traffic Board of the North Atlantic Ports Association is opposed to opening U.S. coastal trade t
Maritime
LOSS SOARS FOR YARD IN BELFAST
Edwin Unsworth |
Harland and Wolff, the state-owned Belfast shipbuilder, announced an overall loss for the year to th
Maritime
TRUCKERS' THIRD QUARTER EARNINGS ERODE
Leo Abruzzese |
Continued freight rate discounting pushed trucking company earnings sharply lower in the third quart
Trucking News
MORE INSURANCE BREAKS LIKELY FOR ANTI-LOCKS
Michael S. Lelyveld |
It may not happen overnight, but insurance and industry officials agree it's only a matter of time b
Trucking News
BANKERS TRUST GAINS IN AUSTRALIAN MART
Vincent Stove |
Bankers Trust is one of the most successful of the new foreign banks operating in Australia.
CONTAINERIZATION/INTERMODALISM - SPECIAL REPORT
JOC Staff |
Top Story: With the defunct USL's Econoships, many in the industry are cautious about the fu
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