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RAIL FREIGHT TRAFFIC UP SLIGHTLY
Journal of Commerce Staff |
Railroad freight traffic last year was marginally higher than 1985 levels, the Association of Americ
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Dec. 20, 1986, total piggyback freight hauled on the nation's major railroads equ
TRAFFIC BRIEFS
From Wire and Staff Reports |
71 Truckers Cited For Aiding MotoristsSeventy-one truck drivers representing 32 carriers wer
CONFLICT OF INTEREST IN ORE.? NEW DRISCOLL POSITION PROMPTS LEGISLATIVE PROPOSALS
Paula L. Green |
The former Oregon state insurance commissioner's decision to move to an insurance company could aid
LDC OVERSPENDING LAID TO IGNORANCE
(Ap) |
Government officials of some less developed countries spend wastefullybecause of sheer ignor
SMALL-PLANE PILOTS OPPOSE FAA PLANS
James R. Carroll |
The head of the nation's small plane pilots association said several of the Federal Aviation Adminis
EXXON CHEMICAL STARTS UP HYDROGENATED RESINS PLANT
JOC Staff |
Exxon Chemical announced the on-schedule start-up of an additional plant manufacturing Escorez 5000
STERLING DRUG ACQUIRES WOODROOF LABORATORIES
Journal of Commerce Staff |
Sterling Drug Inc. acquired Woodroof Laboratories, a Santa Ana, Calif., producer and marketer of a p
BIW STILL HOPES TO RUN NY YARD DEAL TO OPERATE BROOKLYN UNIT HINGES ON HOMEPORT DESIGNATION
James Nolan |
Bath Iron Works is still very much in the market to operate the Brooklyn Navy Yard, the Bath, Maine,
Maritime
SPOT PRODUCT PRICES
JOC Staff |
January 8, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
FINANCIAL BRIEFS
Wire and Staff Reports |
Agricultural Bank Issuing Bonds in ChinaBEIJING - The Agricultural Bank of China is issuing
TRADE GAP NARROWING HELD VITAL
Ripley Watson Jr. |
If U.S. trade deficit numbers don't improve in 1987, you can kiss the economy goodbye, according to
ARGENTINE GRAIN, OILSEED EXPORTS FELL SHARPLY IN '86
Knight-Ridder Financial |
Argentina exported 21,613,800 metric tons of grain, oilseeds and grain subproducts in 1986, down sha
FLA. PORT OKS '87 BUDGET PORT EVERGLADES BOOSTS SECURITY, MARKETING FUNDING
Craig Dunlap |
Port Everglades Authority approved a 1987 budget projecting an operating revenue increase of 8 perce
Maritime
MEXICAN BORDER LURES JAPANESE
Gary Jacobson |
Furukawa Electric of Tokyo and United Technologies Automotive of Michigan announced they have formed
Maritime
TRADE GAP NARR OWING HELD VITAL
Ripley Watson Jr. |
If U.S. trade deficit numbers don't improve in 1987, you can kiss the economy goodbye, according to
PRICE HIKES HIT YUGOSLAV CONSUMER
(Ap) |
Yugoslav consumers were hit with a new wave of price hikes on more than 500 goods and services this
Maritime
CIBA-GEIGY PLANS TO CLOSE PIGMENT PLANT
Journal of Commerce Staff |
Ciba-Geigy Corp. will close its pigment manufacturing facility by December 1988, leaving 530 workers
JUDGE CLEARS GEOTHERMAL DRILLING
(Ap) |
The Los Angeles Department of Water and Power can resume drilling geothermal wells at a Navy weapons
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
REP. JONES TO CHAIR HOUSE COMMITTEE AGAIN
Robert F. Morison |
It's now official: Rep. Walter B. Jones, D-N.C., will be chairman of the House Merchant Marine and F
Maritime
MINING COMPANY SEEKS NEW ALUMINA PARTNER
James Bruce |
Brazil's CVRD state mining company is looking for a new partner to replace Japan's Nippon Amazon Alu
Maritime
BRAZILIAN INFLATION MAY RISE
James Bruce |
Record increases in interest rates plus industry and labor demands threaten a new round of spiraling
Maritime
BRITAIN PORTRAYED AS TWO NATIONS
(Ap) |
Official figures published this week portrayed a Britain divided into two nations: an affluent south
Maritime
TNT STILL SEEKS AIRBORNE AUSTRALIAN GROUP REJECTS STANDSTILL AGREEMENT
Larry Sterne |
TNT Ltd., the Australian transportation conglomerate, made it clear in a filing with the Securities
BRISTOL-MYERS TO MARKET ORAL LUNG CANCER DRUG
Journal of Commerce Staff |
Bristol-Myers Co. announced that the Food and Drug Administration has released for marketing a new o
MEXICAN OIL SALES DOWN NEARLY 60 PERCENT MOST OF COUNTRY'S EXPORTS TAKEN BY UNITED STATES
(Ap) |
Mexico's oil sales fell nearly 60 percent during the first eight months of 1986 compared with the sa
ENERGY BRIEFS
From Wire and Staff Reports |
NJ Governor Backs Proposal on Gas TaxTRENTON, N.J. - Transportation Commissioner Hazel Gluck
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHINA BOOSTS GRAIN PLANTINGS
Knight-Ridder Financial |
Chinese peasants have planted more grain crops in a bid to produce another good harvest in 1987, acc
AVIATION BRIEFS
From Wire and Staff Reports |
Hughes Aircraft Backs Lockheed Unit ProjectNASHUA, N.H. - Sanders Associates, a unit of Lock
WHITE HOUSE DIVIDED ON RAIL MERGER VETO
David M. Cawthorne |
The Reagan administration is of two minds over whether the Interstate Commerce Commission should rec
ATLANTIC CARRIERS BRACING FOR TRADE WAR
Janet Porter |
Trans-Atlantic ocean carriers are bracing themselves for an all-out trade war between the United Sta
TRUCKERS DISCUSS CROSS-BORDER ISSUES
Leo Abruzzese |
U.S. and Canadian truckers this week met formally for the first time in seven years to discuss contr
CSX RAISES ALLIANCE ISSUE SHIPPER-LABOR ALIGNMENT RUMORS CONTINUE
Lawrence H. Kaufman |
Railroad executives have been hearing rumors ever since the 99th Congress adjourned last fall that
MARITIME BRIEFS
From Wire and Staff Reports |
Coast Guard to Increase Security at Test SiteThe Coast Guard hopes to head off trouble by es
Maritime
ENEL EYES LONGER PACTS
Tim Sansbury |
Enel, Italy's state-run utility company and U.S. coal exporters' best steam coal client, appears rea
ARGENTINA EXPECTED TO SEEK $1 BILLION
Knight-Ridder Financial |
Argentina is expected to request $1 billion in new loans this year from its 320 commercial lenders t
DOLLAR DRIFTS ON EMS CONCERN
Knight-Ridder Financial |
After opening higher and soon turning mixed, the U.S. dollar again drifted lower Thursday against mo
NIPPON STEEL TO CLOSE PLANTS FIVE OF 12 BLAST FURNACES AFFECTED BY CUTBACK PLAN
A.E. Cullison |
Japan's Nippon Steel Corp., the world's largest steel producer, will close five of its 12 blast fur
Maritime
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