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TRAFFIC BRIEFS
From Wire and Staff Reports |
MKT, Santa Fe Reach Agreement on MergerWASHINGTON Santa Fe Southern Pacific Industries has
SPANISH RAIL LOSSES MOUNT
(Ap) |
Spain's national railway system, Renfe, is suffering heavy losses in passenger and freight revenue d
SMALL MARKET SEEN FOR MD-11
Gloria Joseph |
A Boeing marketing executive says he has been scratching his head trying to figure out why McDonnell
MCDONNELL MAY BUILD ASSEMBLY PLANT IN GA.
(Ap) |
McDonnell Douglas Corp. will announce soon it will build an aircraft assembly plant in Macon, it was
HIGHWAY PLANS HELD UP CONGRESSIONAL DELAYS ON FUNDING BLAMED
David M. Cawthorne |
Congressional delays in enacting highway spending legislation are disrupting projects throughout the
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Dec. 13, 1986, total piggyback freight hauled on the nation's major railroads equ
AVIATION BRIEFS
From Wire and Staff Reports |
DHL Worldwide Adds 6 Far East DestinationsREDWOOD CITY, Calif. - DHL Worldwide Express, the
INDUSTRY OUTLOOK A REPLAY OF '86
John Boyd |
The government's best guess for U.S. industry in the new year is that if industry liked 1986, it'll
US DUTY MAY SEE UK GIN PRICE SOAR
Journal of Commerce Staff |
Gin drinkers who resisted making a New Year's resolution to give up their favorite tipple should sta
CHINA TAPS UK JOB MARKET FOR SPECIALIZED WORKERS
(Ap) |
Chinese cities are forging trading links with manufacturing areas in Britain and trying to recruit e
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe Commerce Department expects 1987 to be as good a year as 1986 for industry.
UK AIR CARGO TRAFFIC ROSE IN NOVEMBER
Journal of Commerce Staff |
Air cargo handled at the seven airports managed by the British Airports Authority (BAA) increased by
STRONG GAINS FORECAST FOR CORPORATIONS IN '87
(Ap) |
Profits of major U.S. corporations should increase about 20 percent in 1987 over last year, aided by
LATE SHOPPERS BOOST SALES
(Ap) |
Last-minute Christmas shoppers helped retailers finish the 1986 holiday shopping season with impress
SEOUL MAY HIKE US IMPORTS
P.T. Bangsberg |
Orange juice, grapefruit and cattle feed are among the agricultural productsfrom the United
Maritime
INTERNATIONAL LOANS
From Wire and Staff Reports |
IMF HAITI - Approximately US$25 million from the International Monetary Fund in support of t
Maritime
BAUXITE MINES STILL CLOSED IN SURINAME
(Ap) |
Suriname Aluminum Co. is concerned about its idle bauxite mines, which have been shut down for a mon
Maritime
PORT OPERATIONS UPSET IN FRANCE UNIONS OPPOSE REGISTRATION OF VESSELS IN KERGUELEN ISLANDS
Howard Schissel |
French ports and the national economy have been hurt by a strike launched in early December by tug b
Maritime
OECD OPTIMISTIC ON GROWTH RATES
(Ap) |
The steep fall in oil prices and the dollar should help maintain non- inflationa ry industrial growt
Maritime
SPOT PRODUCT PRICES
JOC Staff |
December 31, 1986 U.S. spot oil products price indications, sellers range, in cents per gall
BILL TO EXTEND POWER PACTS DIES IN NY LEGISLATURE
Journal of Commerce Special |
Proposals to extend low-cost hydropower contracts with 22 western New York industrial ratepayers as
MOBIL UNIT FINDS EXTENSION TO FIELD
Journal of Commerce Staff |
Mobil Oil Corp. announced that its affiliate, Mobil Producing Nigeria, discovered a northwestern ext
NORWEGIAN ORDER TO FALL THROUGH? HYUNDAI RIG NEARLY FINISHED BUT PAST DELIVERY DATE
Bob Wesenberg |
There is reason to believe that the Norwegian company K/S Norjarl A/S will cancel the contract for a
FINA COMPLETES DEAL
Journal of Commerce Special |
Fina Oil and Chemical Co. completed its previously announced purchase of the oil and gas properties
ENERGY BRIEFS
From Wire and Staff Reports |
Egypt Increases Oil Export PricesCAIRO, Egypt - Egypt increased the January prices on all gr
OIL, GAS GOOD INVESTMENT
GAIL DeGEORGE |
Prices have plummeted, energy companies are consolidating, the economies in the energy belt are deva
FUEL OIL, GASOLINE INVENTORIES INCREASED FOR WEEK
Journal of Commerce Staff |
Supplies of distillate fuel oil and gasoline stocks rose, according to the American Petroleum Insti
NCA INTERVENES IN VA. SKIRMISH VIRGINIA POWER SEEKS EXEMPTION TO INCREASE GENERATING CAPACITY
Tim Sansbury |
The National Coal Association has engaged Virginia Power in the first major skirmish over a law coal
BENIN TO GO IT ALONE IN DEVELOPING SEME FIELD
Journal of Commerce Special |
After a series of unhappy experiences with foreign oil companies, the West African republic of Benin
TVA BUYS COAL FROM KOPPER GLO
Journal of Commerce Staff |
The Tennessee Valley Authority purchased 22,000 tons of coal from Kopper Glo Fuel Inc., Clairfield,
PHILADELPHIA SUBZONES HAVE MIXED SUCCESS
James Asher |
The Ford Electronics and Refrigeration Corp. of Lansdale, Pa., in 1986, saved about $15 million with
CARRIERS BATTLE DRUG SMUGGLING STEAMSHIP LINES FACE DIFFICULT TASK TRYING TO PREVENT SHIPMENTS
Craig Dunlap |
The seizure of a record volume of cocaine hidden within two containers brought into the country aboa
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Private Owner Buys Swedish Shipping LineShipowners Nordstrom & Thulin AB of Stockholm have t
Maritime
3 NATIONS LOSING US DUTY-FREE STATUS
Richard Lawrence |
The Reagan administration is expected, in an unprecedented move, to end special duty-free access for
USL FILING BLOCKED IN NETHERLANDS
Simon Cameron Moore |
United States Lines' bid to file for limited protection from creditors in Dutch bankruptcy court was
Maritime
EUROPE'S WINEMAKERS STRIVE TO OVERCOME SCANDALS
(Ap) |
European wine exports have felt the punch of the tainted wine scandals that shook consumers' confide
US GRAIN GROUPS PLEASED WITH ACTION AGAINST EC
Knight-Ridder Financial |
Grains Commodity Groups said they were pleased with the U.S. sanctions against European Community im
COMMODITY BRIEFS
From Wire and Staff Reports |
Borden Trades Wyler For Lipton Noodle UnitBorden Inc. said Tuesday it had exchanged its Wyle
MILD WINTER NO THREAT TO SOFT RED WHEAT CROP
Bob Janis |
The mild winter so far in the U.S. Midwest has raised concerns in some wheat trading circles that th
MIDWEST GRAIN PRODUCTS BUYS PILLSBURY FLOUR MILL
Knight-Ridder Financial |
Midwest Grain Products Inc. of Atchison, Kan., announced it had acquired the Pillsbury Co.'s local f
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