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HONG KONG'S CATHAY SELLING 12.5 PERCENT STAKE
P.T. Bangsberg |
Mainland Chinese interests will acquire 12.5 percent of Cathay Pacific Airways Ltd. in a HK$2 billio
AVIATION BRIEFS
Wire and Staff Reports |
Air France to Begin Paris-San Francisco RunAir France will begin cargo service between Paris
FORWARDER SEES NEW SHIFTS IN INDUSTRY
Richard Malkin |
Asked to assess on his own terms the current state of his industry, John A. Pastor promptly characte
TRAFFIC BRIEFS
Wire and Staff Reports |
Soo Line Plans to Sell Lake States DivisionUnable to obtain concessions from labor, Soo Line
BA SHARES PRICED TO FAVOR GOOD RESPONSE
Journal of Commerce Staff |
The government priced shares in British Airways PLC at 125 pence (US$1.90) each, a figure at the low
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
VAN, PICKUP SALES SOAR, BUT SAFETY IS QUESTIONED
Al Haas |
The sales of pickup trucks and mini-vans have mushroomed in recent years. Pickups now account for n
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe head of the Congressional Budget Office said cutting budget deficits enough
NEW FUND SHUNS US DEBT ISSUES
RIPLEY WATSON Jr. |
The first non-U.S. international bond fund to be brought to the U.S. market will not buy dollar-deno
STRONG YEN DISRUPTS DIAMOND-STAR VENTURE
Chicago Tribune |
The strengthening Japanese yen is wreaking havoc on Diamond-Star Motors Corp., but it also is creati
FOREIGN VISITS
Wire and Staff Reports |
Reagan Trips Weighed WASHINGTON - Visits by President Ronald Reagan to Rome and West Berlin
Maritime
FOCUS ON IMPORTS TRADE LEADS HOUSEHOLD ACCESSORIES
JOC Staff |
BRASS BEDS & TUBULAR FURNITURE. Contact Rizuwan Md. Murad, Marketing Manager, Raleigh Berhad, 17 Jal
Maritime
FOCUS ON IMPORTS EXPLOSIVES DETECTOR NEEDS NO RECHARGING
JOC Staff |
Graseby Ionics of Britain has developed a unit able to detect explosives. ThePD5 is said to
Maritime
FAA PROBES INCIDENT NEAR O'HARE
Gary Washburn |
The pilot of a Midway Airlines jet took evasive action after an approaching American Airlines plane
EARNINGS CF SHOWS AN INCREASE IN EARNINGS
JOC Staff |
Consolidated Freightways Inc.'s fourth quarter earnings rose to $22.5 million, or 58 cents a share,
VATICAN PROPOSES DEBT RELIEF PLAN
(AP) DEBT REPORT ldc |
The Vatican, warning that the survival of many poor countries is at stake, urged industrialized nati
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Commissions Approve Kern River ProjectThe Federal Energy Regulatory Commission and the Calif
PRESSURE MOUNTS FOR IMPORT FEE, ALASKAN DRILLING
Chicago Tribune |
A rising tide of foreign oil, which economists and oil industry analysts say is making the United St
CONGRESSMEN SAY PROGRAM WORKS, BUT CHANGES NEEDED
Canute James |
Agreeing that the Caribbean Basin Initiative has so far failed to deliver all it promised, U.S. cong
Maritime
SPOT PRODUCT PRICES
JOC Staff |
January 27, 1987 U.S. spot oil products price indications, sellers range, in cents per gallo
FOREIGN HEADLINES
From Wire and Staff Reports |
Soviet Election Process MOSCOW - Soviet leader Mikhail S. Gorbachev on Tuesday urged the Com
Maritime
MEXICO RENEWS OIL SUPPLY PACT WITH JAPAN
(Ap) |
Mexico signed a fresh contract to supply 180,000 barrels of crude oil a day to Japan, the government
FOCUS ON IMPORTS US AUTOMAKERS SHRUG OFF LOSS OF BRAZIL BREAK
James Bruce |
U.S. automakers who import parts from Brazil are shrugging off the loss of Generalized System of Pre
Maritime
EARNINGS
Journal of Commerce Staff |
Shell's Income Drops SharplyShell Oil Co. reported earnings of $254 million in the fourth qu
CLERKS JOIN STRIKE AT BRITISH TELECOM
(Ap) |
Trouble on the British Telecom telephone network, where 110,000 engineers are on indefinite strike,
Maritime
CATERPILLAR OCCUPATION TO BE PRODUCTIVE
(Ap) |
Workers occupying Caterpillar Inc.'s factory near Glasgow to protest closureplans by the U.S
Maritime
CASH MART PRICES WEAKEN
Knight-Ridder Financial |
Abundant supplies and the easing of severe cold in Europe caused petroleum prices on the cash market
BRAZIL EXPECTED TO ACT ON INFLATIONARY SPIRAL
James Bruce |
With the economy in disarray and prospects for a social pact among government, labor and industry f
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Navy Housing to Move Through Houston PortHouston has been designated the load port on a year
Maritime
LOCKHEED ISSUE GOES TO 2ND VOTE WASHINGTON STATE BILL COULD GRANT WORKERS JOBLESS BENEFITS
Gloria Joseph |
Washington state senators today will reconsider legislation that could put unemployment benefits in
Maritime
THREE MORE NUCLEAR SUBS SET FOR DECOMMISSIONING
(Ap) |
Three more nuclear submarines will be decommissioned at the Puget Sound Naval Shipyard in 1987 and 1
Maritime
PANAMA CANAL POSTS RECORD REVENUE PERIOD
Journal of Commerce Staff |
Despite a mammoth October earth slide, the Panama Canal had its best revenue quarter ever in the clo
Maritime
MAERSK GAINS SPACE AT LONG BEACH
Bill Mongelluzzo |
Maersk Line is still a leader in trans-Pacific shipping, despite the fact that the Danish-flag opera
Maritime
BANKERS ARE GETTING SUED FOR CALLING DUE THEIR LOANS
Bill Barnhart |
Great Lakes and European Lines Inc., a firm that tried to develop containerized shipping business ou
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan's Indicators Index Falls to 42 percent From 75 percentThe leading index of the Japanes
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Calif. Official Urges Spending Limit ReviewLt. Gov. Leo McCarthy wants Gov. George Deukmejia
Maritime
TAIWAN CULTIVATING ITS SERVICE INDUSTRIES
Don Shapiro |
The government of Taiwan is actively seeking ways to encourage the service industries. In th
Maritime
ROYAL VIKING ORDERS SHIP
Maureen Robb |
Royal Viking Line awarded a $125 million contract for a new cruise ship to Wartsila Marine Industri
Maritime
RETAIL SALES GROWTH SLOWS IN JAPAN
Knight-Ridder Financial |
Sales at large Japanese retail stores totaled 2.13 trillion yen in December, up 1.4 percent from a
Maritime
US ASKS JAPAN TO OPEN ITS SUPERCOMPUTER MARKET
A.E. Cullison |
Visiting U.S. negotiators pressed Japanese officials Tuesday to stop discriminating against foreign-
Maritime
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