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WEEKLY RAIL FREIGHT REPORT
JOC Staff |
WASHINGTON - For the week ended May 9, piggyback freight hauled by the nation's major railroads tota
STEAM WHISTLES HONOR SEAFARERS
Journal of Commerce Staff |
A collection of steam whistles, salvaged from scows and barges, tugs and Liberty ships, filled New Y
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Canada Approves Lumber Pact With USA controversial lumber agreement with the United States,
Maritime
BILL BOOSTS FMC POWERS
Tim Neale |
The House Merchant Marine Subcommittee approved a bill to increase the power of the Federal Maritime
Maritime
NJ TURNPIKE AWARDS CONSTRUCTION PACTS
(Ap) |
The New Jersey Turnpike Authority awarded $21.6 million in construction contracts for the first part
ON THE MOVE DAVIDSON WILL HEAD GAS FIRM
Staff Report |
Consolidated Natural Gas Co. elected George A. Davidson Jr. chairman and chief executive, succeeding
LOCKHEED YARD RETRACTS BID FOR NAVY JOB
Gloria Joseph |
Lockheed Shipbuilding Co. has withdrawn its bid for a $1 billion Navy destroyer contract, fueling sp
Maritime
NY AGENCY ORDERED TO SOLVE BARGE PROBLEM
(Ap) |
The owner of a barge of garbage that went 6,100 miles only to end up where it started says he's not
Maritime
WEST COAST BRIEFS
Wire and Staff Reports |
Calif. Vintners Vote Statewide CommissionST. HELENA, Calif. - The state's winemakers voted W
Maritime
LONDON METAL EXCHANGE READIES FOR SYSTEM
Janet Porter |
Trading practices dating back more than a century will end next week when the London Metal Exchange
THE NON-PERFORMING ART OF BRAZILIAN DEBTS
James Bruce |
Depending on the laws of the countries where its branches operate, the Banco do Brasil faces in the
Maritime
CASH TIE-UP PLACES PDVSA IN BIND
Journal of Commerce Special |
The Jaime Lusinchi administration's excessive fiscal demands on Petroleos de Venezuela SA have place
SEN. BENTSEN FAVORS GASOLINE TAX HIKE IN 'PACKAGE' ONLY
Dallas Morning News |
Senate Finance Committee chairman Lloyd Bentsen, D-Texas, said that he "would certainly oppose" any
SPANISH REFINERY THREATENS CLOSURE
Knight-Ridder Financial |
Spain's Empresa Nacional de Petroleo has threatened to close its Tarragona refinery indefinitely if
EXPORT SURGE GIVES A LIFT TO GRAIN HAULERS
Kevin Commins |
The surge in U.S. grain exports has provided a much-needed boost to the grain transportation system.
MANAGING BENEFITS AND HEALTH CARE LONG-TERM CARE POSES CHALLENGE
From Wire and Staff Reports |
Health costs, which have been outpacing the general rate of inflation, will continue an upward spira
INDONESIA NIXES GARUDA'S PURCHASE PLAN
P.T. Bangsberg |
Plans by Indonesia's state-owned air carrier, Garuda, to upgrade its fleet with new aircraft are bei
BOX SHIPMENTS VIA RAIL GAIN IN WEST GERMANY
Jess Lukomski |
Transfracht, a wholly owned subsidiary of the Bundesbahn, West Germany's federal railways system, ha
MARITIME BRIEFS
From Wire and Staff Reports |
South Korea to Build Port on West CoastSEOUL, South Korea - South Korea will build a $1 bill
Maritime
FIVE PRIVATE EXPORTERS SELL WHEAT TO SOVIETS
(Ap) |
The Agriculture Department said private exporters have sold the Soviet Union an additional 400,000 m
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
SAN FRANCISCO PORT DIRECTOR CLEARED OF CHARGES
Maureen Robb |
The port of San Francisco's director, Gene Gartland, has been cleared of conflict of interest charge
Maritime
HIGH WATER LEVELS RETREAT ON LAKES
Bob Campbell |
Great Lakes water levels are retreating, giving thousands of shoreline property owners a long-awaite
Maritime
US REFINERS HIKE POSTED CRUDE PRICE
Knight-Ridder Financial |
Several U.S. refiners increased their posted buying prices of West Texas Intermediate crude oil, the
BRAZIL'S ECONOMY REMAINS LIFELESS DESPITE PAYMENTS MORATORIUM
James Bruce |
Brazilians' jovial love of celebrations was nowhere evident Wednesday as this country completed the
Maritime
BATTLE LINES FORMING OVER POSTAGE RATES
JOC Staff |
A behind-the-scenes battle is brewing over postage rates for the multimillion-d ollar advertising in
SEOUL VOWS TO REVISE SHIP RULES CHANGE WOULD ALLOW US CARRIERS TO FORM AGENCIES IN KOREA
Tim Neale |
The Department of Transportation says visiting Korean officials have agreed to lift some, but not al
CHEMICAL MARKETS AKZO CHEMIE BOOSTS PEROXIDE PRICES
Journal of Commerce Staff |
Akzo Chemie America announced that it is increasing all off-list prices of Cadet benzoyl peroxide we
LABOR QUESTIONS ICC PROVISIONS IN LINE SALES
David M. Cawthorne |
Railroad unions and short-line railroads still can't agree whether Congress should require the Inter
PLANE'S COMPETITIVE IMPLICATIONS DOWNPLAYED BY BOEING OFFICIALS
Gloria Joseph |
Boeing officials say its launch of a new version of the 737 series will not compete for buyers of it
VOLUNTARY OIL SPILL COVERAGE GETS SUCCESSFUL RATINGS
Joseph Bonney |
In 1969, when oil pollution became front-page news, tanker owners joined in an agreement to pay for
Maritime
CALIF. FAMILY VINEYARD SKYROCKETS TO SUCCESS
(Ap) |
Only a tiny handful of California wine makers can claim to have matched the remarkable record of tra
Maritime
MBIA INC. FILES PLANS TO GO PUBLIC
Journal of Commerce Staff |
MBIA Inc. said it filed plans to go public issuing 5.5 million shares of common stock at an estimate
CITICORP PLANS TO UNDERWRITE POLITICAL RISKS
C.A. Carpenter |
Citicorp has invested $10 million in a new insurance subsidiary to underwrite political risks worldw
PATIENCE A (VALUABLE) VIRTUE IN ASIAN DEALING
William Armbruster |
Patience and respect for the culture and customs of the other country are essential for U.S. compani
Maritime
US FARM PRODUCT EXPORTS TO HONG KONG ON THE RISE
(Ap) |
Tiny Hong Kong, a total area of 412 square miles, has 6 million inhabitants who are turning into som
Maritime
MALAYSIA CHIPS EMERGE AS NO. 1 EXPORT EARNER
P.T. Bangsberg |
Exports of electronic components from Malaysia could rise as much as 11 percent this year, with the
Maritime
DOLLAR MOVES LITTLE AHEAD OF GNP DATA
Knight-Ridder Financial |
The U.S. dollar eased from higher morning levels at midday Thursday in very subdued trading.
INDIA MAY BORROW IN US BOND MARKET
Neel Patri |
One of the more conservative borrowers among developing countries, India is exploring the possibilit
VENTURE CAPITAL FUND ATTRACTING FOREIGN MONEY FOR US START-UPS
Journal of Commerce Staff |
"Risk capital" from abroad is helping U.S. venture firms crack foreign markets. Start-up com
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