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DRAGONAIR ORDER FOR MD-11 JETS IS WITHDRAWN
P.T. Bangsberg |
Struggling Hong Kong Dragon Airlines Ltd. has withdrawn its deposit forpurchase of two advan
Air Cargo
HOUSE VOTES FINAL VERSION OF BANK REFORM LEGISLATION
Leah R. Young |
The House passed the final version of major bank reform legislation Monday. The bill, rewrit
SENATOR MARKS VICTORY WITH TRADE BILL PASSAGE
Keith M. Rockwell |
The roll call confirmed what many had suspected for weeks: there would be a Senate trade bill.
PROGRAM HELPS EXPORTERS
Andrea Chancellor |
An Illinois exporter of breeding cattle put together a $1 million business deal with Taiwan after mu
Maritime
NEW PRODUCTS MARKETPLACE UK PRODUCT AIDS WORK ON BRIDGES
JOC Staff |
Skywinder Ltd., a British company, is offering a new system for high-level work that bridges the gap
Maritime
IRANIANS START GULF EXERCISES
(Ap) |
Iran said Monday it was starting naval maneuvers in the Strait of Hormuz and warned ships and aircra
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
CIGNA PUTS 2 FIRMS ON AUCTION BLOCK
C.A. Carpenter |
Cigna Corp. put two insurance operations on the auction block because they don't fit in with the com
UN AGENCY VOTES NEW DEBT STRATEGY
Anne Meade |
The United Nations Conference on Trade and Development agreed to a new strategy on global debt Monda
AVIATION BRIEFS
From Wire and Staff Reports |
Aviation Shipments Fall 27 percent, Exports GainShipments of general aviation aircraft decli
Air Cargo
BREAUX: SAY NO TO CONCESSIONS
Robert F. Morison |
Sen. John B. Breaux, D-La., appealed to his fellow senators to support the removal of concessions on
Maritime
UNITED OPENS NEW TERMINAL AT O'HARE TODAY
Chicago Tribune |
United Airlines' much-ballyhooed Terminal of Tomorrow at Chicago's O'Hare International Airport open
Air Cargo
RAILROAD OPENED IN DOCKLANDS
(Ap) |
Queen Elizabeth II formally opened the 77 million ($122 million) light railroad system built to car
Rail News
AGENCY REJECTS CONTAINER RULES
Robert F. Morison |
The Federal Maritime Commission has ruled for a second time that the International Longshoremen's As
EGYPT'S WHEAT IMPORTS ARE EXPECTED TO FALL
Knight-Ridder Financial |
Egypt's drive to expand milling capacity will cut demand for imported wheat flour in the 1987-88 (Ju
Maritime
SOUTH AFRICAN MINERS CALL STRIKE FOR SUNDAY
(Ap) |
The National Union of Mineworkers said an estimated 200,000 black gold and coal miners will walk off
Maritime
OFFICE COSTS HIGHEST IN TOKYO
Journal of Commerce Staff |
Tokyo is the most expensive market for office space in the world, followed by London, New York, Hong
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
Calif. Deal to Create New Wine CompanyA complicated transaction combining Los Angeles-based
Maritime
DUAL FACTORS CAUSE DECLINE IN BOND PRICES
(Ap) |
Bond prices fell in early trading Monday as the market reacted negatively to the latest turmoil in t
OXFORD TO SUPPLY ZINC CALCINE
Journal of Commerce Staff |
Oxford Energy Inc., a subsidiary of Oxford Energy Co., agreed to sell up to6,000 tons annual
INSURANCE EARNINGS
JOC Staff |
Lincoln National Reports GainFORT WAYNE, IND. - Lincoln National Corp., a multiline insuranc
BALTIC FREIGHT INDEX
JOC Staff |
982.5 (Aug. 3) Previous day - 976.5 The Baltic International Freight Futures Exchange in Lon
Maritime
THE ECONOMY PRODUCTIVITY INCREASES BY 1.4 PERCENT
From Wire and Staff Reports |
The nation increased its efficiency in producing goods and services at an annual rate of 1.4 percent
SDR RATES
JOC Staff |
WASHINGTON The official IMF dollar rate for the special drawing right as measured by a basket of cu
ONLY 2 PILOTS CALLED NEEDED IN FRENCH JETS
Howard Schissel |
The decision by French courts declaring illegal a planned strike by pilots and flight technicians of
Air Cargo
WORLD TODAY
From Wire and Staff Reports |
US, Japan Start Talks On Economic SanctionsThe United States and Japan begin talks today on
3 USL ECONSHIPS SOLD IN SINGAPORE
Journal of Commerce Staff |
Three of United States Lines' laid-up Econships, the largest containerships ever built, reportedly h
PANIC BUYING DRIVES PRICES OF OIL HIGHER
John Maggs |
Panic buying drove crude oil prices higher on the world's major exchanges Monday, following new thre
RI COMMISSIONER EYES AIDS TESTING POLICY
Paula L. Green |
At the governor's request, the insurance regulator in Rhode Island is developing a policy life and h
CUSTOMS UPDATE
JOC Staff |
LOS ANGELES DISTRICT - PAPERLESS CARGO RELEASE TEST. Effective Aug. 10, the Los Angeles District wil
Maritime
DOLLAR SLIDES IN SLOW TRADING
Journal of Commerce Staff |
Despite renewed tensions in the Middle East, the dollar traded in a fairly narrow range on world mar
US EXPANDS BAN ON CHEMICAL SALES
(Ap) |
The United States has expanded a chemical exports embargo against Iran, Iraq and Syria, saying the t
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 3 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
CHINA PLANNING BIG NEW PORT
Gary Aderman |
China is going forward with an ambitious, US$1 billion-plus effort to turn this fishing village bare
Maritime
SPOT PRODUCT PRICES
JOC Staff |
August 3, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
ON THE MOVE HUGHES PICKS JOHN MENDEL AS SENIOR VP
JOC Staff |
John T. Mendel was elected a senior vice president of Hughes Aircraft Co., a subsidiary of GM Hughes
LABOR A VITAL INGREDIENT IN RECIPE FOR RAIL CHANGE
Leo Abruzzese |
Structural changes in the U.S. railroad industry will not succeed unless management works more close
Rail News
UK DOCKERS MAY STRIKE OVER REVIVAL OF REGISTER
Janet Porter |
Britain's ports may be hit by industrial action from the middle of the month if union leaders receiv
Maritime
WASTE CLEANUP BY STATES LAGS
Charles Thurston |
State programs established to manage the cleanup of hazardous waste sites trail far behind the feder
COUNTRY DEBT SWAPS REMAIN UNDER PRESSURE
Jenifer Otwell |
Secondary market prices of country debt continue to be under pressure, with light activity reported
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