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DIFFERENT ROADS TO SUCCESS AMERICAN EXPRESS SELLS UNIT TO LINCOLN NATIONAL
C.A. Carpenter |
American Express Co. said it signed a definitive agreement to sell Fireman's Fund Employers Insuranc
EMERY, XP ISSUE THREATS MAASTRICHT MAY LOSE CARGO CUSTOMERS
Edwin Unsworth |
Emery Worldwide and XP Express Parcels Systems have both threatened to cease using Maastricht Airpor
TEXAS AIR LOOKS TO CUT PRICE FOR PEOPLE
Journal of Commerce Staff |
Texas Air Corp. said it is negotiating to reduce the $122 million purchase price it agreed to pay fo
TRAFFIC BRIEFS
From Wire and Staff Reports |
Yellow Freight Adopts Purchase Rights PlanOVERLAND PARK, Kan. - Yellow Freight System Inc. o
BA STARTS NEW COURIER SERVICE
Phillip Hastings |
British Airways is making its first move into the onboard courier market with the start this week of
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Oct. 18, 1986, total piggyback freight hauled on the nation's major railroads equ
WILL THE CHINESE CONTINUE TO PURCHASE US CORN?
Knight-Ridder Financial |
The recent confirmation China has bought corn from the United States for the first time in two years
COMMODITY BRIEFS
From Wire and Staff Reports |
Thailand's Zinc Exports Down by Half This YearThailand's zinc ingot exports in September tot
COFFEE SALES DROP SHARPLY TO NON-MEMBERS OF ICO
(Ap) |
Exports of coffee to East European countries and other non-members of the International Coffee Organ
BRAZILIAN WHEAT IMPORTS COULD DOUBLE IN 1987
Bob Bellottie |
Brazil will need to import about 4 million metric tons of wheat in 1987, double its 1986 needs, to m
TWRA TO BAN SERVICE PACTS GOTTSHALL SAYS VOLUME DEALS HARM SHIPPERS AND CARRIERS
John Davies |
Saying that some shipping lines have service contracts with rates that don't begin to cover costs, t
Maritime
AUSTRALIAN WHEAT BOARD CONFIRMS SALE TO SOVIETS
Knight-Ridder Financial |
The Australian Wheat Board officially confirmed the sale of 550,000 metric tons of wheat to the U.S.
MTL REPORTS LOSSES FOR QUARTER, 9 MONTHS
Journal of Commerce Staff |
Marine Transport Lines reported a net loss of $327,000 for the third quarter, compared with net prof
Maritime
PANAMA GETS LOANS TO FUND CANAL STUDY
Journal of Commerce Staff |
The Inter-American Development Bank announced two loans to the Republic of Panama to cover that nati
Maritime
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
BURNLEY JOINS TRIP TO FAR EAST
Journal of Commerce Staff |
Jim Burnley, deputy secretary of transportation, will go to the Far East with John Gaughan, maritime
Maritime
COAL MARKETS TURKISH MILL BUYS FROM US
Tim Sansbury |
U.S. coal trading firm John K. Irish & Co. struck a spot market deal with Turkish steelmaker Turkiye
MARAD OFFERS INTERMODAL REPORT
Journal of Commerce Staff |
The Maritime Administration's latest Inventory of American Intermodal Equipment is available.
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Funeral Services Held For Capt. Vlaho BruerFuneral services were held Nov. 1 at the Frank E.
Maritime
CUSTOMS TO BEEF UP ITS STAFF
Rose Horowitz |
William von Raab, customs commissioner, said his agency expects to add nearly 1,000 employees in fis
VENEZUELA SET TO INAUGURATE GURI HYDROELECTRIC PROJECT
(Ap) |
Billions of dollars and almost a quarter of a century later, Venezuela is about to inaugurate the wo
US DELAYS ACTION AGAINST TAIWAN TAIPEI GETS MORE TIME TO RESTUDY MARKET CURBS
Andrea Chancellor |
The United States is giving Taiwan a chance to reconsider its market restrictions on U.S. beer, wine
JAPANESE SHIPPERS OPPOSE RATE HIKE
William Armbruster |
The Japan Shippers Council will protest a 15 percent general rate increase scheduled to take effect
Maritime
CALIF. TOLD TO APPLY ITS RESEARCH
Bill Mongelluzzo |
California has learned a basic fact about technology: being a leader in research does not guarantee
ILA, NY EMPLOYERS AGREE ON TERMS FOR LOCAL CONTRACT
Alan F. Schoedel |
The New York Shipping Association and the International Longshoremen's Association agreed on local c
US, JAPAN REACH ALUMINUM ACCORD
Knight-Ridder Financial |
The United States and Japan agreed on final details of a reduction in Japanese tariffs on aluminum,
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSCalifornia must apply its research knowledge to manufacturing if its economy is
ON THE MOVE
Staff Report |
Zacharkow Gets New PostIn ContinentalGeorge S. Zacharkow, chairman of Continental Co
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
JAPANESE RATE CUT HELPS BOOST DOLLAR
Knight-Ridder Financial |
The U.S. dollar moved higher against major foreign currencies on news of a Japanese discount rate cu
THE ECONOMY
JOC Staff |
Economic Index Rose 0.4 percent During SeptemberU.S. leading economic indicators rose 0.4 pe
WEEK AHEAD
From Wire and Staff Reports |
Asian Parleys TAIWAN - The U.S. and Taiwan governments begin talks today on opening Taiwan's
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
UNICORP BUYS STAKE IN PUROLATOR TORONTO-BASED FIRM SEEKS US PERMISSION TO BOOST HOLDINGS
Larry Sterne |
Unicorp Canada, a Toronto-based investment firm with about $2.3 billion of assets, has purchased an
AUSTRALIA: TRADE AND INVESTMENT SURVEY
JOC Staff |
Top Stories Australia wants its businesses to begin to "think exports" as it strives to expa
DISCOUNT RATE CUT IS EXPECTED BUT 'DON'T HOLD YOUR BREATH'
RIPLEY WATSON Jr. |
The Federal Reserve Board will cut the discount rate again in the wake of Japan's reduction late las
US AND JAPAN TO COOPERATE ON CURRENCY
A.E. Cullison |
The United States and Japan agreed to cooperate to maintain the present yen-dollar exchange
PRICES RISE ON NEW YORK EXCHANGE
Knight-Ridder Financial |
Oil prices on the New York Mercantile Exchange continued to rise Friday, traders said. Tradi
LOCKHEED, NORTHROP TO GO HEAD TO HEAD
(Ap) |
Two California companies - Lockheed and Northrop - were chosen to design and build prototypes of a h
Maritime
KUWAIT STUDIES CONSTRUCTION OF OIL PIPELINE TO RED SEA
(Ap) |
Kuwait may build a pipeline through Saudi Arabia to the Red Sea as an alternative to shipping all it
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