TRAFFIC BRIEFS

TRAFFIC BRIEFS

ICC'S PHILBIN TO SPEAK

AT JOFC LUNCHEONEdward J. Philbin, the new chairman of the Interstate Commerce

Commission, will speak at The Journal of Commerce's Transportation Table luncheon on Friday.

Mr. Philbin, who was sworn in as chairman on Feb. 12, will discuss his management style at the ICC and the agency's new priorities on trucking and railroad issues. A former member of the Federal Maritime Commission, Mr. Philbin replaced Heather Gradison.

The luncheon, which is held at the National Press Club, begins at 12:30. Reservations may be made by calling India Luck at (202) 383-6100.

FRENCH PUBLIC WORKERS

PLAN TO STRIKE TODAY

PARIS - France's main unions are urging 5 million public employees to strike today to protest government wage policies.

The strike is expected to affect public transport, services and schools seriously.

Air France said in a statement Tuesday that it could guarantee only about half of its scheduled medium-range flights today. Long-range flights would go ahead as planned, it said.

The main domestic carrier Air Inter said about 45 percent of its flights would be hit and the state-run SNCF railway network was also braced for strike action.

Four major union groupings plan a mass demonstration in front of Prime Minister Michel Rocard's Hotel Matignon office in central Paris.

The unions say public service employees have lost 8 percent of their purchasing power since 1983.

EUROTUNNEL TO SEEK

MORE FUNDS IN JAPAN

TOKYO - Eurotunnel PLC will ask Japanese banks for additional funding of up to 500 million (US$815 million)for the completion of its rail link between the United Kingdom and continental Europe, Jiji Press reported Wednesday.

According to the news agency, Alistair Morton, Eurotunnel's deputy chairman, Tuesday told London-based Japanese reporters he would make the request when he visits Japan in June.

Eurotunnel Monday announced it needed 2 billion in extra capital in order to complete the tunnel. Mr. Morton said he would seek 20 percent to 25 percent of that amount from Japanese banks, Jiji reported.

A consortium of 39 Japanese banks so far has provided 1.1 billion for the tunnel project.

TWO BIG COMPANIES

JOIN FLA. RAIL PROJECT

ORLANDO, Fla. - Two major engineering and aerospace companies are joining with Maglev Transit Inc. in the Florida Maglev Demonstration Project.

Bechtel Corp. of San Francisco, has signed an agreement with Transrapid International, the builder of the system, "to serve as program manager," and Martin Marietta Corp. of Bethesda, Md., has provided its qualifications to MTI ''for planning and implementing the Florida Maglev Demonstration Project."

TEREX SELLS 20 TRUCKS

FOR AUSTRALIA MINING

GREEN BAY, Wis. - Terex Corp. said its Unit Rig division received a $30 million order for 20 of its MT-4000 Lectra Haul rear dump trucks.

The order for the new 240-ton capacity trucks was placed by Hamersley Iron Property Ltd. of Australia. The new trucks will replace 29 170-ton capacity Unit Rig trucks being used in Hamersley's Tom Price open mine in western Australia.