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COAL EXPORTS NORWEGIAN FIRM TURNS TO US SUPPLIER
Tim Sansbury |
Norway's Norsk Koks Werks will turn to the United States to buy 50,000 metric tons of coking coal in
SINGAPORE GEARS FOR COMPETITION FROM INDONESIA
P.T. Bangsberg |
Oil refineries in Singapore are bracing for tougher competition from Indonesia, which will increase
EC PLANS COURT ACTION TO END AIR ACCORDS
(Ap) |
The European Community will step up its legal actions to end competition- stifli ng restrictive acco
Air Cargo
SANTA FE BUY-BACK OF STOCK VIEWED AS DEFENSIVE MOVE
Howard S. Abramson |
Santa Fe Southern Pacific Corp.'s offer to buy back more than one-third of its stock is primarily a
Rail News
DELTA QUEEN SEEKS FINANCING
Journal of Commerce Staff |
Delta Queen Steamboat Co. of New Orleans wants government help in financing a new $30 million paddle
Maritime
TRUCKING BRIEFS
From Wire and Staff Reports |
Ryder Will Acquire Consolidated ConvoyRyder System Inc. has signed an agreement to acquire C
Trucking News
NY RAILROADS MUST REDUCE NUMBER OF SMOKING CARS
(Ap) |
The Metropolitan Transportation Authority has voted to reduce, but not ban, smoking aboard Metro-Nor
Rail News
BANKS APPEAR TO SOFTEN STANCE ON LOAN DELAY TO ARGENTINA
Jeremy Morgan |
International banks have indicated willingness to disburse a delayed $750 million loan installment t
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
GATT WARNS PROTECTIONISM WILL NOT CUREUS TRADE ILLS
Janet Porter |
Import controls won't solve U.S. trade difficulties, the General Agreement on Tariffs and Trade warn
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
SPAIN SPENT BILLIONS TO PROP UP DOLLAR
Cristina Lee |
Spain's central bank bought nearly $10 billion worth of U.S. currency in the open market in the firs
CHEAP POWER GRANT KEEPS HUDSON WIRE IN NEW YORK
(Ap) |
Hudson Wire, which had threatened to leave Westchester because of high electricity costs, will start
ENERGY BRIEFS
From Wire and Staff Reports |
Panel to OK Drilling In Arctic, Senator SaysThe Senate Energy and Natural Resources Committe
LABOR TO OFFER PROPOSAL TO END RAILROAD STRIKE
Leo Abruzzese |
Pittsburgh & Lake Erie Railroad officials will meet with representatives of striking unions today to
Rail News
SQUIBB SUIT CLAIMS PATENT INFRINGEMENT
Journal of Commerce Staff |
Squibb Corp. announced that it filed a lawsuit in Osaka, Japan, against Dainippon Pharmaceutical Co.
GROWTH HORMONE TARGETED FOR DAIRY USE IN NEXT DECADE
(Ap) |
Bovine somatotrophin, a genetically engineered growth hormone that boosts milk production in cows by
DRIVE TO HIKE AUTO LIMITS FACES DETOURS IN NEW YORK
Laura Raley Borda |
Controversy surrounds state legislation that would increase New York's 30- year-old minimum automobi
NY EXCHANGE A CASUALTY OF REINSURERS' PROBLEMS
Paula L. Green |
The problems facing the New York Insurance Exchange are symptomatic of the difficulties facing the e
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Japanese, S. Koreans Reach Textile PactJapanese and South Korean textile manufacturers agree
Transport, Trade and Regulation News
CUSTOMS CONCERNED OVER TARIFF DEADLINE
Richard Lawrence |
U.S. Customs officials and businessmen are growing anxious over the government's Jan. 1 deadline for
NEWS SUMMARY
JOC Staff |
AVIATION World's airlines seek technical, political solutions to capacity problem. 9BAn acci
JAPAN WILLING TO OPEN PROJECTS TO US FIRMS
John Davies |
The Japanese government intends to "bend over backwards" to make it possible for U.S. construction f
Maritime
ATTORNEY PLAYS LEAD IN 'THE STING'
Craig Dunlap |
Listening to Felice Schonfeld, one conjures up images of wide-brim fedoras, trench coats, and late n
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Chase Supervises Loan For Argentine PipelineChase Manhattan Bank N.A. is supervising a $120
NO MAJOR DISRUPTIONS EXPECTED ON SEAWAY FROM OFFICERS STRIKE
Leo Ryan |
Canadian Great Lakes operators said no major traffic disruptions will be caused on the St. Lawrence
Maritime
THE ECONOMY ENERGY, HOUSING COSTS PUSH PRICE INDEX UP
Knight-Ridder Financial |
Increases in energy and housing costs pushed U.S. consumer prices for all urban consumers up a highe
UNDERWRITERS WARNED OF COMPETITION GROWTH
Edwin Unsworth |
Marine hull underwriters were warned Wednesday that they are steering themselves in the direction of
Maritime
FEDERAL COURT UPHOLDS NJ ASBESTOS RULING
(Ap) |
The 3rd U.S. Circuit Court of Appeals has upheld the constitutionality of a New Jersey Supreme Court
BEARISH ECONOMIC DATA PUSH US DOLLAR LOWER
Knight-Ridder Financial |
The U.S. dollar declined Wednesday on unfavorable U.S. economic reports and growing pessimism about
ITALY AT THE IMF: NO WALKOUT PLANNED
Andrew Mutter |
Italy appears ready to line up behind Japan and West Germany at next week's meeting of the Internati
DOT SAYS ILL. LEVY ON FUEL CASKS OK
Leo Abruzzese |
An Illinois law assessing a $1,000 per cask charge on spent nuclear fuel moving through the state do
Trucking News
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
SATELLITE LINKS CHINA TO VISA NETWORK
P.T. Bangsberg |
China's embryonic credit card business moved into the space age Wednesday as Visa International inau
Maritime
INDIA TO BACK TEXTILE EXPORTS
Neel Patri |
A sharp surge in Indian textile and garment exports is spurring the government to add incentives and
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
Dow Chemical Co. Acquires LamaurDow Chemical Co. announced the acquisition of Lamaur Inc. at
RAIL BRIEFS
JOC Staff |
ICC Ruling Clears Way For TP&W PurchaseThe Interstate Commerce Commission Wednesday rejected
Rail News
AVIATION BRIEFS
From Wire and Staff Reports |
Zaire Company Buys Candair Business JetScibe-Zaire, Zaire's largest private company, signed
Air Cargo
AIRBORNE MAY EXPAND IN DOG-EAT-DOG MARKET
Andrea Chancellor |
Macombo and Mosuba are frequent flyers between Columbus and Omaha, but they fly cargo so it's doubtf
Air Cargo
INVENTORIES OF GASOLINE, DISTILLATE, CRUDE RISE
Journal of Commerce Staff |
Supplies of gasoline, distillate fuel and crude oil increased marginally last week, according to the
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