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ONEX SURPRISES ANALYSTS FIRM PAYS $170 MILLION FOR PUROLATOR DIVISION
Larry Sterne |
The $170 million in cash Onex Capital Corp. of Toronto agreed to pay for Purolator Courier Corp.'s p
HARD TIMES HIT LOBBYISTS MARITIME TRADE GROUPS CUTTING STAFFS, ACTIVITIES
Robert F. Morison |
At a time when the maritime industry probably needs Washington representation most, it has become le
Maritime
1987: CONTINUING THE PUSH FOR TORT REFORM
James Nolan |
The insurance industry will continue pressing its fight for tort reform in state legislatures in 198
DUTCH, ARGENTINES SET TO END ROW NATIONS SEEN NEAR ACCORD ON PIPELINE DEBT SQUABBLE
Jeremy Morgan |
Industry analysts hope Argentina and Holland are on the way to settling their lengthy dispute over d
YUGOSLAVIA ADOPTS '87 ECONOMIC PLAN
(Ap) |
Yugoslavia's Parliament adopted the 1987 economic plan that only expresses hopes for containing runa
Maritime
MATSON TO GET AIRBORNE?
John Davies |
A single maritime company with a handful of ships and barges is making nearly as much money as all o
COMMODITY BRIEFS
From Wire and Staff Reports |
Indonesia Sees Increase In Fish Export EarningsJAKARTA, Indonesia - Indonesia earned $197.8
STOCKS NEAR END OF '86, UP 25 PERCENT
RIPLEY WATSON Jr. |
The stock market is winding down a year that has seen a gain of roughly 25 percent in the Dow Jones
VANCOUVER EYES A BANNER 1987 PORT HOPES TRAFFIC VOLUME WILL PASS 1984'S RECORD
Journal of Commerce Special |
Traffic through the port of Vancouver could nudge 60 million metric tons in 1987, challenging a hand
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Airbus A340 to Have New Type EngineAirbus Industrie, the rapidly expanding European commerci
INSURANCE BRIEFS
From Wire and Staff Reports |
Cologne Re of America Has Surplus Beefed UpSTAMFORD, Conn. - Cologne Reinsurance Co. of Amer
BABY BOOMERS EXPECTED TO BOOST HEALTH COSTS
(Ap) |
Health-care needs for the nation's elderly will rise dramatically at the dawn of the 21st century as
SOME VENTURES IN USSR FALL SHORT OF GOAL
(Ap) |
Almost a third of Soviet enterprises have failed to meet their contract commitments under the nation
Maritime
SAUDI KING SAYS $18 OIL IS ONLY A MINIMUM GOAL
(Ap) |
The $18-a-barrel goal of the Organization of Petroleum Exporting Countries is only a minimum price s
SEARCH CALLED OFF FOR MISSING SEAMEN
Journal of Commerce Staff |
Rescue officials called off a search Friday for three missing crewmen from an Icelandic freighter th
Maritime
WEEK AHEAD
From Wire and Staff Reports |
Iran-US Negotiations THE HAGUE, Netherlands - U.S. and Iranian officials meet today to negot
TRINIDAD BUSINESS BLOOMS
Canute James |
Entrepreneurs in this English-speaking Caribbean republic are still rejoicing over the recent electi
Maritime
COST OF CREDIT
JOC Staff |
Friday, Dec. 26, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
PLASTICS CORNER
Journal Of Commerce Staff |
Trinova Unit CompletesIPC PurchaseMAUMEE, Ohio - Sterling Engineered Products Inc.,
CHEMICAL MARKETS
Journal of Commerce Staff |
Market for Gum Rosins FirmsThe market for U.S. gum rosins is reported to be firming.
US, BRAZIL TALKS TO SET PRICE
Tim Sansbury |
Steelmakers in Brazil could outdo Japanese mills in staking out further reductions in the price of c
JAPANESE WORKAHOLICS OPPOSE WORKWEEK CUTS
(Ap) |
Officials proposing to cut the workweek from 48 to 40 hours say they expect to run into resistance i
Maritime
KNUDSEN TO SELL DAIRIES
(Ap) |
Troubled dairy operator Knudsen Corp. on Friday said it agreed to sell its Texas and Louisiana opera
DECISION ON FMC AUTOMATION WON'T COME UNTIL JANUARY
Journal of Commerce Staff |
The effort to decide whether to automate the Federal Maritime Commission's overburdened paper tariff
Maritime
HIGHWAY BILL IN THE SPOTLIGHT
David M. Cawthorne |
Backers of multiyear highway funding legislation this week will launch their campaign for early acti
JAPAN BANKS TO AID SHIPBUILDER
JOC Staff |
A syndicate of seven Japanese banks has agreed to provide 160 billion yen in loans to three affiliat
Maritime
DOLLAR CONTINUES TO DECLINE, TESTING A LOW AGAINST DM
Knight-Ridder Financial |
The U.S. dollar continued its week-long decline Friday, testing a six-year low against the deutsche
DISTRIGAS RECEIVES LNG CARGO
Journal of Commerce Special |
Distrigas of Massachusetts Corp. received a shipment of liquefied natural gas when the British-regis
ENERGY BRIEFS
From Wire and Staff Reports |
Saudi King Appoints Minister of PetroleumRIYADH, Saudi Arabia - King Fahd issued a royal dec
ELF GABON SLASHES BUDGET
Howard Schissel |
Faced with plummeting earnings in 1986, Elf Gabon, the offshoot of France's state-controlled Elf Aqu
FORD SEES SALES OF 15 MILLION UNITS
Journal of Commerce Staff |
Ford Motor Co.'s top officials predicted 1987 U.S. motor vehicle sales of 15 million units, down sli
NATIONAL STARCH ACQUIRES BASSI
Journal of Commerce Staff |
National Starch and Chemical Corp. announced the acquisition of Bassi Marchini & C. SpA, an industri
JAYME PUTS PREMIUM ON INCENTIVES
Elisabeth Ryan Sullivan |
Samples of coffee mugs, umbrellas and wristwatches fill his office, but what Herbert A. Gold really
LEGEND STILL 'ALIVE' AT NY CLUB
Mark Magnier |
The undisputed dean of the maritime bartenders and a legend in the industry was a man named Spiros L
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
ISS International Buys Assets of Macke FirmISS International Service System Inc. said it con
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWSTurbulence, the theme of the steel industry over the last decade, is still the w
Maritime
ITO WINS RIGHTS TO MD. TERMINAL
Journal of Commerce Special |
The Maryland Port Administration has awarded the International Terminal Operating Corp. (ITO) exclus
Maritime
SLIDING CARGO DOOR BLAMED IN '83 CRASH
(Ap) |
The Icelandic coast guard is contending in federal lawsuits that a faulty cargo door in a Sikorsky h
INSIDE TALK FROM THE SOUTH ATLANTIC
Craig Dunlap |
. . . DIVIDED WE FALL: Successful port operations hinge on close cooperation between the public
Maritime
NY SUPERFUND PANEL WANTS MANAGER NAMED
(Ap) |
A full-time program executive should be appointed to oversee New York's hazardous waste site cleanup
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