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CUOMO PROPOSES TAX COLLECTION PLAN
Journal of Commerce Special |
Taxes on diesel fuel will be collected on importation into New York state under legislation submitte
SAUDIS RESTRICT FLOW OF IRAQI CRUDE OIL
(Ap) |
Shipments of Iraqi crude oil through a pipeline to Yanbu on Saudi Arabia's Red Sea coast will be res
GASOLINE PRICE JUMP TERMED PART OF TREND
(Ap) |
A 3-cent jump in gasoline pump prices over the past two weeks is probably part of a trend as retaile
ENRON STARTS UP OFFSHORE PLATFORM
Journal of Commerce Staff |
Enron Oil & Gas Co., a subsidiary of Enron Corp., began production of a natural gas and condensate f
REPORT BACKS UK REACTOR PLANS
(Ap) |
The chairman of a two-year public inquiry recommended that Britain build its first U.S.-style pressu
SALES INCREASE AT DETROIT EDISON
Journal of Commerce Staff |
Detroit Edison Co. said kilowatt-hour electricity sales in 1986 were up 3.7 percent from 1985, with
EXXON'S NET FALLS
(Ap) |
Exxon Corp. reported fourth quarter net income of $1.48 billion, or $2.06 a share, down 18 percent f
GRAND JURY CHARGES 2 IN LIBYAN PLOT
(Ap) |
A federal grand jury charged two more people in an alleged plot to export U.S.-made oil-drilling equ
LUFTHANSA RESHAPES CARGO MANAGEMENT
Journal of Commerce Special |
The German-flag carrier Lufthansa, which outperformed Japan Air Lines to become the world's No. 1 no
TRAFFIC BRIEFS
From Wire and Staff Reports |
Piggyback Rail Freight Shows 3.9 percent IncreasePiggyback freight on major railroads for th
EARNINGS
JOC Staff |
SFSP Earnings Down for QuarterSanta Fe Southern Pacific Corp. reported a fourth quarter net
TRADING SUSPENDED IN CATHAY STOCK
P.T. Bangsberg |
One of the colony's oldest and largest trading conglomerates asked for suspension of trading of its
CLIMATE GOOD FOR SHIPPERS AIR CARGO OFFICIALS PREDICT CONTINUED LOW RATES
Larry Sterne |
U.S. shippers can look forward to continued low air freight rates for their international exports th
'RE-ENGINING' PLANNED FOR JET
Journal of Commerce Staff |
Valsan Inc. announced it would re-engine a Boeing 727-200 owned by Sterling Airways of Copenhagen, D
FOREIGN VISITS
From Wire and Staff Reports |
Koch Meeting Rejected WARSAW, Poland - Gen. Wojciech Jaruzelski will not meet with visiting
AVIATION BRIEFS
From Wire and Staff Reports |
Airbus A320 Scheduled To Make Debut Feb. 14Airbus Industrie said the world's newest commerci
UN SEES DECLINE IN CENTRAL AMERICA
WILLIAM A. ORME Jr. |
Central America, ravaged by civil wars, remains the most economically depressed region of the hemisp
ON THE MOVE
Staff Report |
2 Named To HeadPayne UnitE.W. Payne Cos. Ltd. announced formation of a new reinsuran
FOREIGN HEADLINES
From Wire and Staff Reports |
Resignations Offered TAIPEI, Taiwan - Premier Yu Kuo-Hwa and several top government and ruli
GROUP OF 5 MEET UNCERTAIN REPORT OF FEB. 7 FINANCIAL HUDDLE MERELY RUMOR?
John Boyd |
The top financial authorities of the five major industrial nations could huddle soon, but sources sa
DUTCH CHEESE FACES US IMPORT SQUEEZE
Simon Cameron-Moore |
Dutch cheese exporters have had little opportunity to send extra shipments of cheese to U.S. custome
KNIGHT-RIDDER EARNINGS RISE
Journal of Commerce Staff |
Knight-Ridder Inc. announced fourth quarter 1986 earnings of $43.7 million, or 75 cents a share, up
THE ECONOMY
From Wire and Staff Reports |
Sales of Existing Homes Hit Record in DecemberA rush to take advantage of expiring tax break
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe mood in Brussels about the prospects of averting a trans-Atlantic trade war
NEW IBM COMPUTER MOST POWERFUL EVER
(Ap) |
International Business Machines Corp. announced its most powerful computer ever, a box containing si
LOYAL CUSTOMERS STAY WITH TROUBLED USL
Gregory S. Johnson |
Despite United States Lines' financial problems, several big shippers say they're sticking with the
MOOD IN TRADE TALKS CALLED MORE HOPEFUL US, EC IN FINAL PUSH TO RESOLVE DISPUTE
Janet Porter |
Negotiations between U.S. and EC officials will continue today and Wednesday by telephone and video
WORLD TODAY
From Wire and Staff Reports |
USDA Targets China WASHINGTON - The U.S. Department of Agriculture announced it targeted Chi
US POUNDS ON JAPAN'S DOOR TODAY ABOUT COMPUTERS, OSAKA AIRPORT
A.E. Cullison |
Negotiators from the United States and Japan are scheduled to launch a series of talks today on how
HONG KONG OPENS BOX FACILITY
P.T. Bangsberg |
Even as what's described as the world's largest container freight station was being opened in Hong K
FAR EAST SUPPLIERS COURT US BUYERS
Rosalind Rachid |
It's becoming cheaper and easier for U.S. buyers to negotiate with Far East suppliers. Asian
JAPAN PRESSED TO USE MORE SHIPS FROM AUSTRALIA IN BILATERAL TRADE
Vincent W. Stove |
The Australian government is pressuring Japan to use more Australian-flag ships in trade between the
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Choppers, Icebreakers Save 1,100 on Ice FloesHelicopters and icebreakers rescued about 1,100
Maritime
SECRETARY DOLE: TIME FOR UNIONS TO JOIN DOT ON DRUG PROBLEM
David M. Cawthorne |
Secretary of Transportation Elizabeth Hanford Dole hopes that legislation making major changes in ho
MARAD ASKED FOR PAYMENT ON SHIP LOAN
Journal of Commerce Staff |
The Maritime Administration received a request for payment on government- backed ship mortgage finan
Maritime
USL PLANS TO SELL 20 SHIPS BY MARCH 12 GIANT VESSELS TO BE SOLD THROUGH COURTS, CLEARING LIENS
Mark Magnier |
United States Lines Inc. said it expects to sell eight small containerships in the near future and a
Maritime
ARGONAUT ULCCS FIND EMPLOYMENT
Journal of Commerce Special |
The Swedish tankship owner Argonaut has found employment for two ultra-large crude carriers as stora
Maritime
WARTSILA, KLOSTER INK SHIP PACT
Bob Wesenberg |
Kloster Cruise signed a contract with Finland's Wartsila shipyard for construction of a 36,000-ton,
Maritime
117 SHIPS WORTH $600 MILLION LEFT NORWEGIAN REGISTRY IN '86
Journal of Commerce Special |
The 3.2 million deadweight tons of merchant shipping that left the Norwegian flag for foreign regist
Maritime
EFFECTS OF US AID DEBATED
Les Aldrich |
Loans and outright money grants to developing countries may have cut into U.S. agricultural exports,
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