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AVIATION BRIEFS
From Wire and Staff Reports |
Hapag-Lloyd Flug Orders Airbus AircraftHapag-Lloyd Flug of West Germany said it sign
OCEAN ENERGY NEEDS MORE R&D
John Davies |
Tom Daniel has one of the few power plants in the United States populated by giant clams. Mr
THREE NY AIRPORTS SET FOR $3 BILLION EXPANSION
(Ap) |
A $3 billion expansion and renovation program for the New York metropolitan area's three major airpo
TRANSBRASIL ERROR A SERIOUS SETBACK
James Bruce |
Having built Brazil's third-largest private airline from humble beginning as a meat-wagon carrier fo
PIEDMONT ISSUE ON HOLD ANALYSTS EXPECT MOVE BY NORFOLK SOUTHERN
David Mildenberg |
A final decision may be weeks away, but it appears increasingly likely that Piedmont Airlines will b
TRANSPORT EARNINGS
JOC Staff |
Airborne Freight Earnings IncreaseSEATTLE Airborne Freight Corp. reported fourth quarter ear
FRONT BRAKE RULE DRAWS HEAVY FIRE
Michael S. Lelyveld |
A new Department of Transportation rule that requires trucks to have front brakes may result in som
UNIONS PROPOSE PLAN FOR RESTRUCTURING PAN AM
(Ap) |
Unions representing about 20,000 Pan American World Airways workers have proposed restructuring the
STRIKE CLOSES DOWN MANCHESTER AIRPORT
(Ap) |
Manchester's Ringway Airport, Britain's busiest outside London, was closed to passengers for a fift
BA'S BOEING 747S TO BE CHECKED FOR CRACKS
(Ap) |
The Civil Aviation Authority ordered British Airways' Boeing 747s be checked for cracks after a hair
FRENCH CARRIER TAKES TO THE AIR
Howard Schissel |
A new French air freight carrier, Inter Cargo, is scheduled to launch its activities in mid-February
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Marketers pay more attention to packaging. Page 2AConstruction spending droppe
Maritime
HAPAG-LLOYD KEEPS POWDER DRY SHIPPING COMPANY BRACES FOR A DOWNTURN ON ITS MAJOR ROUTES
Bruce Barnard |
Hans Jakob Kruse, chairman of Hapag-Lloyd AG, still appears chastened by afinancial debacle
DOLLAR DECLINES 1.5 PERCENT AGAINST DM
Knight-Ridder Financial |
The U.S. dollar worked its way lower against major foreign currencies Monday, losing 1.5 percent of
STOCKS RISE SHARPLY EVEN AS BONDS SLUMP
Journal of Commerce Staff |
Stocks rose sharply in active trading Monday, even as bonds slumped ahead of the Treasury's big refu
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TENNECO UNIT OPENS UK OFFICE
Journal of Commerce Staff |
Tenneco United Co., a general trading and marketing unit of Tenneco Inc. of Houston, Texas, has open
CALIFORNIA LAWMAKER DIES BEFORE HER BILL IS INTRODUCED
Journal of Commerce Staff |
A California congresswoman who sought to create a seaport park to preserve historic ships died the n
Maritime
BERRY, NORRIS BOARDS APPROVE MERGER PLANS
Journal of Commerce Staff |
The boards of Berry Petroleum Co. and Norris Oil Co. unanimously approved a resolution authorizing m
NJ NUCLEAR PLANT PUTS OUT THE WELCOME MAT
(Ap) |
The Oyster Creek nuclear generating station might not have quite the aura of a national monument, bu
NAVY OPTS FOR QUICK REPAIRS PACIFIC FLEET'S BIG JOBS FINISHED BUDGET CUTS EXPECTED
John Davies |
The Navy's Pacific Fleet intends to phase out long, expensive ship overhauls in favor of quicker, ch
PATRICK, BAYOU AGREE TO MERGE
Journal of Commerce Staff |
Patrick Petroleum Co. and Bayou Resources Inc. agreed to a merger, in which Bayou will become a subs
ROTTERDAM DOCK UNREST SPREADS
Simon Cameron Moore |
Weekend stoppages at Europe Container Terminus, Rotterdam's largest container handler, fueled fears
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
US Exports of Lumber To Japan Could RiseExports of U.S. forest products to Japan could incre
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Tanker Blast Kills One, Injures Three SeriouslyLE HAVRE, France - A crewman was killed and e
Maritime
INTEL SURGE MAY SIGNAL TURNAROUND FOR CHIPS
Christopher H. Schmitt |
In a report that could signal the semiconductor industry's long-awaited pickup, Intel Corp. of Santa
Maritime
GOLD OUTPUT SHINES IN CHINA
P.T. Bangsberg |
Output of gold from China was up 14 percent last year on 1985, with a much larger contribution from
Maritime
US PANEL EXAMINING SAFETY OF LIGHT TRUCKS
(Ap) |
The federal government is considering whether it should extend automobile safety standards to light
STEVEDORES STRIKE IN PORT OF GENOA
Thomas Taylor |
Stevedores here struck Friday two days after they agreed to follow the new work rules imposed for lo
Maritime
MOVERS GET 15 PERCENT RATE HIKE
Maureen Robb |
The California Public Utilities Commission approved a 15 percent rate increase for truckers that mov
Maritime
HEARING TO FOCUS ON CGL POLICY
Journal of Commerce Staff |
The New York State Department of Insurance plans a public hearing Feb. 20 on proposed amendments to
LAURENTIAN OPENS CENTER IN CANADA
Leo Ryan |
The Laurentian Group Monday officially opened the first integrated financial services center in Cana
VIRGINIA COUPLE NURSES VENTURE
Carl Cahill |
In 1984, Janet and Charles Collins flew to Lisbon, rented a car and drove 11,000 kilometers through
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Turkish Leader in US ISTANBUL, Turkey - Premier Turgut Ozal flew to the United States Monday
Maritime
FRENCH SLIP BACK INTO RED IN '86 TRADE WITH THE US
Howard Schissel |
After a slight trade surplus in 1985, France's trade balance with the United States was once again i
Maritime
IRISH COMPANY TO BUY CONTAINER CORP. UNITS
Journal of Commerce Staff |
Jefferson Smurfit Group PLC, one of Europe's largest packaging manufacturers, said it will acquire s
Maritime
NORWEGIANS WORRIED BY DROP IN CERTAIN EXPORTS TO SWEDEN
Bob Wesenberg |
The value of exports of Norwegian manufactured goods to Sweden declined by 10 percent in 1986. Accor
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Sakharov Invited MOSCOW - Dissident physicist Andrei Sakharov has been invited to take part
Maritime
US EXPANDS TIES WITH IVORY COAST
Howard Schissel |
U.S. business ties with Ivory Coast, a prosperous West African state of some 10 million inhabitants,
Maritime
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