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JAPAN PRESSES CHIP MAKERS TO CUT BACK ON PRODUCTION
A.E. Cullison |
Japanese semiconductor manufacturers were urged to slash output of certain microchips by 20 percent
SHIPPING A KEY WEAK SPOT IN THE WORLD'S ECONOMY
Janet Porter |
Banks are well-placed to ride out any further financial setbacks in the shipping industry, according
Maritime
BRUNEI BANK SCANDAL TALKS OPEN
Joyce Quek |
The multimillion-dollar scandal surrounding the National Bank of Brunei Bhd. could be settled relati
HEARING DELAYED ON FORECLOSURE
Journal of Commerce Staff |
A U.S. Bankruptcy Court judge has delayed until next Thursday a hearing on a Prudential Lines Inc. m
Maritime
REAGAN, CONGRESS TO WORK ON TRADE BILL
Helen Ericson |
Legislation to liberalize export controls on high technology was introduced by Rep. Les AuCoin, D-Or
OMI REPORTS PROFIT AFTER CHARTER SETTLEMENT
Mark Magnier |
OMI Corp. reported fourth quarter net income of $2.5 million or 8 cents a share on revenue of $47.3
Maritime
REVENUE POOL LINK A CONFERENCE FIRST
Alan F. Schoedel |
What is believed to be an unusual "first" is represented by the new revenue pool set up by the 12 me
Maritime
VAT LAW TROUBLES GREEKS SHIPOWNERS PUSH FINANCE MINISTRY FOR AMENDMENTS
Victor Walker |
Greek shipowners have written to Finance Minister Dimitrios Tsovolos demanding amendments to legisla
Maritime
CORRECTION
JOC Staff |
Cargo moving through U.S. ports under bond for Canada and Mexico will be exempt from the new April 1
Maritime
LAW TO GOVERN CRUISE SHIP AID GAUGHAN STATES POLICY
Robert F. Morison |
Maritime Administrator John Gaughan said he will be guided by present law in deciding whether to app
Maritime
GULF SHIPPERS ELECT OFFICERS TO GROUPS
Journal of Commerce Staff |
Two groups that represent shipping interests on the Gulf of Mexico have elected new officers.
Maritime
CORRECTION
JOC Staff |
A typographical error in a story about Cigna Corp. earnings for 1986 on Feb. 17 reported mistakenly
FLEXIBLE PLAN UNVEILED CALIF. BLUE SHIELD CONTRACT TRIMS COSTS
Bill Mongelluzzo |
A Blue Shield of California pilot project that takes a flexible approach to outpatient care is provi
LYKES, FARRELL FACE FOES PLANS TO SERVE SOUTH AMERICA OPPOSED
Robert F. Morison |
Opponents are lining up to battle the plans of Lykes Bros. Steamship Co. and Farrell Lines Inc. to o
Maritime
MARITIME BRIFS
From Wire and Staff Reports |
FMC Says Puerto Rico Complying With LawThe Puerto Rican government's effort to channel gover
Maritime
COLUMBUS EYES SOUTH AMERICA
Joseph Bonney |
Columbus Line soon may join the increasingly crowded trade route between U.S. Atlantic ports and the
Maritime
STRIKE PARALYZES BRAZIL PORT
Knight-Ridder Financial |
Brazil's largest port, Santos, was paralyzed Tuesday when 7,000 port and crane operators went on str
Maritime
NOMINATIONS SOUGHT FOR WATERWAYS BOARD
JOC Staff |
The Army asked for nominations from around the country for shippers and users to sit on an 11-member
Maritime
DUNKERQUE SAW HIKE IN TRAFFIC IN 1986
Howard Schissel |
Dunkerque, France's third-largest port behind Marseilles and Le Havre, managed to improve its perfor
Maritime
CARGO ON ILLINOIS RIVER HIT RECORD LEVEL IN '86
Andrea Chancellor |
Shipments of most cargo along the Illinois River reached record levels in 1986, while traffic along
Maritime
DOLLAR LOSES SOME GROUND
Knight-Ridder Financial |
The U.S. dollar moved lower against major foreign currencies Tuesday despite a modest recovery aroun
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
MD. COAL OUTLOOK GRIM INDUSTRY PINS HOPES ON MINING LEGISLATION
Journal of Commerce Special |
Prospects for Maryland's coal mining industry, in the midst of a deeprecession, could improve if th
STOCK PRICES SOAR, AS BUYERS STAMPEDE
Gordon Platt |
Stocks soared into record territory in heavy trading Tuesday, as investors came back from the three-
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pri
LAWMAKER DEFENDS POWER IMPORTS
Journal of Commerce Staff |
Rep. John Dingell, D-Mich., chairman of the House Energy & Commerce Committee, told a conference of
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BRAZIL SEEKS INCREASE IN COCOA STOCK SIZE
Knight-Ridder Financial |
Brazil will demand an increase in International Cocoa Organization's buffer stock to 250,000 metric
TRAFFIC BRIEFS
From Wire and Staff Reports |
Burlington Starts Expediter TrainsFORT WORTH, Texas - Burlington Northern Railroad said it s
BRAZIL PLANS INCENTIVES FOR FINE CHEMICALS
James Bruce |
Brazil's long-standing threat to close its doors to fine chemical imports to create a reserved mark
ENERGY BRIEFS
From Wire and Staff Reports |
Calif. Company Buys Stake in CogenicEnergy and Environmental Research Corp. of Irvine, Calif
CHEMICAL MARKETS
Journal of Commerce Staff |
Dow Hikes Price of Magnum ABSMIDLAND, Mich. - The Dow Chemical Co. announced that effective
ARCO TO CONSTRUCT DUTCH MTBE UNIT
Journal of Commerce Staff |
Arco Chemical Europe announced that its Netherlands operating unit will build an estimated $20 milli
PIEDMONT GETS OFFERS NORFOLK SOUTHERN BIDS $1.49 BILLION
Journal of Commerce Staff |
Piedmont Aviation Inc., parent of Piedmont Airlines, said it has received a cash takeover offer wort
CORRECTION
JOC Staff |
Truck tonnage totals in last week's table for the Southern and Western regions and for All Areas wer
PROFIT MARGINS RISE FOR MOST LARGE TRUCK LINES
Journal of Commerce Staff |
Profit margins rose for nearly 70 percent of the nation's larger trucking companies in a year-to-yea
CONRAIL OFFERING FILED INITIAL PRICE OF $22-$26 A SHARE EXPECTED
David M. Cawthorne |
The initial public offering price for Conrail stock is expected to be between $22 and $26 a share, a
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
SAFETY LEGISLATION MAY BE WIDENED
David M. Cawthorne |
The Senate Commerce Committee may attempt to expand legislation permitting random testing of railroa
PRESTON REGISTERS 4TH-QUARTER PROFIT
JOC Staff |
Preston Corp. reported a fourth quarter profit of $604,000, or 10 cents a share, compared with a yea
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