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RAILS FACE CONSTRAINTS PANEL TOLD 1989 TIME FOR CONFRONTATION
Lawrence Kaufman |
Railroads face constraints of law and contract in reducing labor costs and must have relief if they
CORRECTION
JOC Staff |
Salomon Bros. Inc. is the investment adviser for Norfolk Southern Corp. in connection with Piedmont
OTTAWA REMAINS SET ON DEREGULATION
Andrew Tausz |
Federal Transport Minister John Crosbie announced the government is determined to proceed with dereg
FINANCIAL RIEFS
From Wire and Staff Reports |
UK May Set Controls On Takeover ActionsPrime Minister Margaret Thatcher's Conservative gover
DRILLERS PROTEST NORWEGIAN PLAN TO CUT OUTPUT
Bob Wesenberg |
Four oil companies who are operators on the Norwegian continental shelf told the government that it
RECORD 1986 GRAIN OUTPUT BOOSTS CANADIAN STOCKS 32 PERCENT
Knight-Ridder Financial |
Record Canadian prairie grain production last year boosted on-farm grain stock estimates to 44.7 mil
PERU'S SILVER OUTPUT UP
Knight-Ridder Financial |
Peru's silver production rose during Jan.-Nov. 1986, while copper, lead and zinc output fell from Ja
LA. PORT SEES 29 PERCENT CARGO RISE
Marie Prat |
An official with the port of Lake Charles joked that if every other U.S. port were like this one, th
Maritime
DECLINE IN DOLLAR'S VALUE TRIMS NORWAY'S OIL PROFITS
Journal of Commerce Special |
The recent decline in the value of the dollar has eaten up about a quarter of the additional profit
KOREAN AIR TO BUY AIRCRAFT
(Ap) |
Korean Air plans to spend US$2 billion over the next five years to purchase new, fuel-efficient jet
TOSHIBA EXPANDING ABROAD TO OFFSET LOSSES AT HOME
(Ap) |
Toshiba Corp. will increase its overseas production in 1987 to expand its markets abroad and offset
Maritime
NATIONAL DISTILLERS POSTS DROP IN NET
Journal of Commerce Staff |
National Distillers & Chemical Corp. reported fourth quarter 1986 net income fell slightly to $33.3
WEST GERMAN TRADE SURPLUS A RECORD 112 BILLION MARKS
(Ap) |
West Germany posted a record trade surplus of 112 billion marks ($62.9 billion) in 1986, the federal
Maritime
SHIPPING OFFICIAL SEES MORE UPHEAVAL
Mark Magnier |
The shipping industry is likely to see even more dramatic changes in the next five years than it has
AVONDALE WILL SELL SUBSIDIARIES
(Ap) |
The battle for control of Avondale Industries has ended with the announcement that that the company
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Murdoch Nears Victory In Takeover Battle?SYDNEY, Australia - International media magnate Rup
Maritime
HIGHER PRICES EXPECTED FOR FEEDER CATTLE IN 1987
Knight-Ridder Financial |
Strong competition for declining feeder cattle supplies should produce higher feeder cattle prices t
IOM EXCHANGE SELLS SEAT
Knight-Ridder Financial |
A seat on the Chicago Mercantile Exchange's Index and Options Market sold for a record $128,500 Tues
NO QUICK END SEEN TO ROTTERDAM STRIKE
Simon Cameron Moore |
Hopes are fading for a quick settlement to the dockers strike over layoffs in Rotterdam's convention
Maritime
INSIDE TALK ON INSURNCE BY ALAN HERBERT
Alan Herbert |
THE GREAT SKI RACE. Team entries are drifting in for the AIG Insurance Industry Ski Cup Challenge to
FUTURE OF FIRE SAFETY CODES SUBJECT OF NEW ORLEANS PARLEY
Journal of Commerce Staff |
"The Future of International Fire Safety Codes" will be the topic of the principal address at the Ma
STUDY FAVORS 2 PIPELINE ROUTES
(Ap) |
An environmental study of a proposed $825 million natural gas pipeline across Utah has concluded tha
NUCLEAR INDUSTRY RALLIES AROUND STANDARDIZATION
Chicago Tribune |
Expecting a revival in the 1990s, the U.S. nuclear power industry is rallying around the idea of st
ENERGY BRIEFS
From Wire and Staff Reports |
Ashland Chief Executive Sees Stable Oil PricesCrude oil prices will remain stable, and proba
AVIATION BRIEFS
From Wire and Staff Reports |
Flying Tiger Wins OK For Venture With ChinaThe Department of Transportation agreed to grant
APPLE INTRODUCES NEW PRODUCTS
(Ap) |
Apple Computer Inc. on Thursday unveiled several new products designed to improve links among its Ma
NEWS SUMMARY
JOC Staff |
GENERAL NEWS President Reagan and his economic advisers, in the annual economic report, spel
ROBINSON STORES HAS NEW CHIEF
JOC Staff |
The head of the J.W. Robinson Co. Department Stores has resigned after 10 months and its new owner,
Maritime
FUJI, ISUZU MAY ALTER US PRODUCTION PLANS
Jim Mateja |
Fuji Heavy Industries and Isuzu Motor Co. of Japan may scrap plans to build trucks and utility vehic
Maritime
EARNINGS CRUM & FORSTER SWEETENS XEROX'S PROFITS
JOC Staff |
Xerox Corp. said a $51 million charge to boost loss reserves in a discontinued insurance operation l
NY COMMISSION OKS COST-PLUS CONTRACTS
(Ap) |
State regulators gave Niagara Mohawk Power Corp. permission to award cost- plus contracts on its own
UNION CARBIDE POSTS NET LOSS
Journal of Commerce Staff |
Union Carbide Corp. reported worse results for the fourth quarter with a $495 million net loss compa
AIRLINE SCHEDULING HIT TRAVEL DELAY PROBLEMS ADDRESSED
Tim Neale |
The Reagan administration pins the blame for air travel delays on unrealistic airline scheduling pra
CONRAIL DEAL OPENS THE DOOR
Tom Belden |
To six small investment-banking firms, the Conrail public stock offering will not be just another pr
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Jan. 17, 1987, total piggyback freight hauled on the nation's major railroads equ
VENEZUELA LOOKS FOR NEW MONEY
(Ap) |
Venezuela may be willing to start payments of debt principal this year if it can get new money from
Maritime
GORBACHEV DEMANDS BIG DOMESTIC CHANGES
Albert Axebank |
Mikhail Gorbachev's campaign to revitalize the Soviet system entered a new phase this week with his
STRONG APC PROFITS SURPRISE ANALYSTS
John Davies |
Strong profits during the last quarter of 1986 pushed results for American President Cos. higher tha
Maritime
JAPAN TOLD: IMPORT MORE US OFFICIAL SAYS NATION FACES POSSIBLE RECESSION
(Ap) |
A U.S. official said Japan faces unfavorable monetary exchange rates, falling exports and possible r
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
USDA Removes Controls On Chilean Meat ImportsThe USDA has recognized Chile as free of foot-a
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