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RATE HIKES ANGER HONG KONG SHIPPERS
P.T. Bangsberg |
Hong Kong shippers reacted angrily to news of more rate hikes by the Asia North America Eastbound Ra
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSSuperfund will likely determine if Congress will adjourn for the year next week
TRAFFIC BRIEFS
From Wire and Staff Reports |
ICC Disappoints Soo With Trackage RulingThe Interstate Commerce Commission turned down a com
BID FOR BANK DRAWS FIRE
John Davies |
A major competitor to the Bank of America hinted it would fight a proposed $2.8 billion takeover of
Maritime
PPG MOVES INTO FIELD OF MEDICAL ELECTRONICS
Journal of Commerce Staff |
PPG Industries said it has completed its acquisition from Litton Industries Inc. of the medical elec
CHEMICAL MARKETS
Journal of Commerce Staff |
Companies Hike PricesFor SulfateGeneral Chemical Corp. announced that it will increa
ICAHN UNLIKELY TO TRY TO RUN USX
(Ap) |
Financier Carl C. Icahn has tightened his hold on USX Corp. with an 11.4 percent stake, but analysts
COST OF CREDIT
JOC Staff |
Thursday, October 9, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
INSURANCE BRIEFS
From Wire and Staff Reports |
US Crime Rate Fell To Record Low in '86A record low number of crimes was committed in the Un
NEW WORLD SUES KOREA SHIPPING
Juliana King |
A California shippers group is suing the Korea Shipping Corp. for $1 million in damages, alleging br
Maritime
STRIKE MASKS GROWTH DATA IN ARGENTINA
Jeremy Morgan |
President Raul Alfonsin of Argentina rounded on labor leaders for declaring another strike, their se
ON THE MOVE
Staff Report |
Toyota's US UnitNames VPGEORGETOWN, Ky. - Toyota Motor Manufacturing U.S.A. Inc. app
GM, HYUNDAI SET '87 PRICES
(Ap) |
General Motors Corp. said it will drop prices on two of its 1987 Cadillac models and hold prices at
WORLD TODAY
From Wire and Staff Reports |
Controversial Rice Deal WASHINGTON - White House efforts to dole out campaign help to Republ
FULL-SERVICE LINE CONCEPT TOUTED BROADER MANUFACTURING SCOPE REQUIRES COORDINATED TRANSPORT
Bill Mongelluzzo |
The most successful intermodal steamship companies of the future will do much more than carry cargo.
Maritime
FARM TRADE DEFICITS UNLIKELY TO BE PERMANENT
(Ap) |
Farm trade deficits that produced shock waves this summer and worsened the U.S. balance in world mar
TRANS-BORDER COMPETITION CANADIAN FLEETS PERFORM WELL ON SHORT HAULS
Leo Abruzzese |
Canadian truckers will face no serious threat from giant U.S. carriers if the cross-border trucking
ENERGY BRIEFS
From Wire and Staff Reports |
Pa. Advocate Seeks Lower Utility RatesHARRISBURG, Pa. - Pennsylvania's state consumer advoca
TEXAS AIR SEEKS ACTION ON MERGER
Journal of Commerce Staff |
Texas Air Corp. told the Department of Transportation it will be apprehensive about investing more m
SOLUTION EYED FOR PORT WOES SAN FRANCISCO OFFICIALS SEEK WRITE-OFF OF $3 MILLION DEBT
Maureen Robb |
The port of San Francisco is hoping a new city attorney will solve a controversial port problem.
Maritime
MEXICO, JAPAN AGREE ON PRICES
Knight-Ridder Financial |
Mexico's government-run oil company, Petroleos Mexicanos, and Mexican Petroleum Import Corp. of Japa
BUYERS COULD DOUBLE DELIVERIES FROM 2 NORWEGIAN GAS FIELDS
Journal of Commerce Special |
Gas deliveries to Western Europe from Norway's Troll and Sleipner offshore gas fields could be more
ENERGY BRIEFS
From Wire and Staff Reports |
Unchanged Ceiling Seen Hiking PricesIf the Organization of Petroleum Exporting Countries thi
EPA BANS HERBICIDE, CITES BIRTH-DEFECT THREAT
(Ap) |
The Environmental Protection Agency said it is imposing an immediate ban on dinoseb, a widely used h
GRACE DEVELOPS CONCRETE ADDITIVE
Journal of Commerce Staff |
A new mixture that can dramatically increase the strength and durability of concrete has been develo
FINANCIAL BRIEFS
From Wire and Staff Reports |
Hong Kong Increases Foreign Bank CriterionForeign banks wishing to set up shop in Hong Kong
SHARP DROP REPORTED IN HOSPITALIZATION RATE
(Ap) |
The growing use of outpatient services and clinics is causing a plunge in hospital use by Americans,
RYDER COOLS OFF ON ENGINE ISSUE
Michael Lelyveld |
Sales of new electronic truck engines could soar if leading fleets bury the hatchet with manufacture
SUPERFUND VETO COULD KEEP LAWMAKERS AT WORK
Journal of Commerce Staff |
Superfund legislation will probably be the final hurdle facing Congress as it strives to adjourn nex
GAINS LIKELY IN WORLDWIDE BULK SHIPPING
Victor Walker |
The world's economies and bulk shipping markets will improve substantially and sustain the gains, mo
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Stanford Divests Stock In Diamond ShamrockSTANFORD, Calif. - Stanford University said it has
Maritime
MARAD WON'T RETHINK USL MOVE
Juliana King |
The Maritime Administration denied a Sea-Land Service Inc. petition for reconsideration of a decisio
Maritime
RECORD EXPORTS REPORTED BY AUSTRALIAN WHEAT BOARD
Knight-Ridder Financial |
Australia exported a record 16.0 million metric tons (1 metric ton equals2,200 pounds) of wh
HOUSE-SENATE CONFEREES OK CFTC REAUTHORIZATION BILL
Knight-Ridder Financial |
House-Senate conferees approved a three-year reauthorization bill for the Commodity Futures Trading
NORWEGIAN MINISTER SOUNDS WARNING
(Ap) |
Acid rain pollution not only poisons fish and destroys forests but could also be harming people's h
GROUP SEEKS INDIAN POINT CLOSURE
(Ap) |
A citizens group demanded that Governor Mario Cuomo help shut down the Indian Point nuclear power pl
NINE MILE REPAIRS BEHIND SCHEDULE
(Ap) |
The repair of faulty safety valves at the over-budget Nine Mile Point Two nuclear plant has fallen b
FREE TRADE ZONES: BOON OR BANE? GROWTH OF ZONES SPAWNS DEBATE OVER EFFICACY
This report was written by Kathleen Charles, Journal of |
The worldwide proliferation of industrial development zones, free trade zones and export processing
CARGOLUX TO LEASE 2 747S FOR FIVE YEARS
Larry Sterne |
Transamerica Airlines, which grounded its planes last month, has sold two 747s to International Leas
LAWSON FAILS TO TRY TO TALK STERLING UP
Janet Porter |
Nigel Lawson, Britain's Chancellor of the Exchequer, made no mention of sterling's plight in his key
Maritime
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