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CSX ACQUIRES MAJORITY STAKE IN YUKON PACIFIC
John Maggs |
CSX Corp. acquired a majority interest in a company that plans to export natural gas from Alaska's N
HIGHER PRICES COULD DELAY THE FLOW OF FRONTIER GAS
(Reuter) |
Higher energy prices could delay the flow of frontier gas supplies from Canada and Alaska to the con
SHOWA AGENT CHANGING IDENTITY
Mark Magnier |
Showa Maritime USA Inc., the North American general agent for Showa Line Ltd., is forging a new iden
Maritime
RECORD NUMBER OF CORPORATIONS CHANGE NAMES
(Ap) |
A record number of U.S. corporations changed their names during the first six months of 1988, with f
C-E STARTS WORK ON ARMY STUDY
Journal of Commerce Staff |
C-E Environmental Inc., a subsidiary of Combustion Engineering Inc., has begun work on a contract to
AMOCO PLANS PLANT, R&D FACILITY
Journal of Commerce Staff |
Amoco Performance Products Inc., a unit of Amoco Chemical Co., will build a polyacrylonitrile, or PA
TIGERS SEES GROWTH IN ASIA-EUROPE MART
Bill Mongelluzzo |
With certificates allowing it to serve some two dozen countries, the Flying Tiger Line Inc. has the
Air Cargo
AVIATION TRAFFIC REPORTS
From Wire and Staff Reports |
Eastern Airlines flew 2.5 billion revenue passenger-miles in June, compared with 3 billion a year ag
Air Cargo
IND. GOVERNOR OPTIMISTIC ON CHINESE AUTO DEALS
Noel Fletcher |
Indiana Gov. Robert Orr met Tuesday with Chinese automotive officials, hoping to satisfy some of the
Maritime
BEFORE-DROUGHT CROP INSURANCE SALES ROSE 19 PERCENT FROM YEAR AGO
(Ap) |
A recent survey by the American Association of Crop Insurers shows that more than 370,000 farmers bo
PORT OF SAN FRANCISCO LOOKS FOR MORE SPACE
Josh Goldstein |
The Port of San Francisco is trying to consolidate its waterfront properties to create additional co
Maritime
COAL BRIEFS
Wire and Staff Reports |
BRAZIL EXPECTED TO HIKE COKING COAL IMPORTSSAO PAULO, Brazil - Brazil will have to import mo
ELECTRIC BOAT MOVES TO REPLACE STRIKERS
(Ap) |
Electric Boat has begun advertising for workers to replace striking Metal Trades Council members, bu
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ECONOMISTS FORECAST EXPANSION IN US TRADE DEFICIT FOR MAY
(Reuter) |
After improving dramatically in the most recent report, the U.S. deficit for May is likely to widen,
BIOTECHNOLOGY GROWING FASTER THAN PROJECTIONS
Arnaldo Arroyo |
Biotechnology has been developing more rapidly in the United States than previously anticipated and
GYNEX GETS FDA APPROVAL, ORPHAN DRUG DESIGNATION
Journal of Commerce Staff |
Gynex Inc. won Food & Drug Administration approval to market a new generic oral contraceptive and ha
US BIOTECH INVESTMENTS TOP $4.3 BILLION A YEAR
(Ap) |
U.S. government and industrial spending on biotechnology research and development is more than $4.3
IDLE CRUISE SHIP FACES BERTH PROBLEM
WILLIAM DiBENEDETTO |
Once the most luxurious U.S. passenger liner afloat, the S.S. United States has sought a rebirth for
Maritime
LDC DEBT TRADING TURNS QUIET AS OVERSUPPLY DAMPENS DEMAND
Steven Marcy |
Trading in the secondary market for country debt has been generally quiet in recent days and is expe
DOLLAR DRIFTS LOWER AS STERLING RALLIES
Knight-Ridder Financial |
The U.S. dollar drifted lower Tuesday in response to a gradual firming in sterling. Dealers
JAPAN'S LAWS MURKY ON INSIDER TRADING
Cynthia Owens |
Disclosure last week that a stock trading scandal had spread to involve the aides to several of Japa
TALL OIL ROSIN SALES RISE
Journal of Commerce Staff |
Tall oil rosin sales in the United States increased 13.2 percent to 43.8 million pounds over April t
NEDLLOYD PURSUES STRATEGY TO STEER COMPANY TOWARD INTERMODALISM
Bruce Barnard |
Royal Nedlloyd Group NV, the giant Dutch shipping, transport and energy group, is leading a double l
OPTIONS EVADE FUTURES TRADING LIMITS
Kevin Commins |
When soybean futures rise or fall by their 45-cent daily price limit, all trading stops. Right?<
HONDURAS MAY BE FORCED TO DEVALUE THE LEMPIRA
(Reuter) |
Seventy years after Honduras' currency was tied to the dollar, a cash squeeze caused partly by a sus
TRAFFIC BRIEFS
From Wire and Staff Reports |
EIGHTY HURT IN CRASH OF TRAINS IN BRAZILSAO PAULO, Brazil - A train carrying about 300 passe
Rail News
SIX STATES INCREASE HIGHWAY FUEL TAX
Leo Abruzzese |
Highway fuel taxes rose in six states on July 1, with the average national state gasoline tax increa
Trucking News
HUGE SOVIET PURCHASE OF SUGAR MAY SEND RAW VALUES SOARING
Jacqueline Kosko |
The Soviet Union will attempt to purchase at least 500,000 metric tons of sugar on the world market
CHINESE STEELMAKER BUYS 70 PERCENT SHARE OF US FIRM
Noel Fletcher |
In a revolutionary step to obtain foreign know-how, a prominent Chinese iron and steel company has i
Maritime
NEWS SUMMARY
JOC Staff |
* H. Erich Heinemann - The Fed's Fast Tune 12A * A.E. Cullison - Japan on a Buying Spree 12A
EC OFFICIAL WARNS OF NEW AIRBUS SUBSIDIES SQUABBLE
Janet Porter |
Willy de Clercq, the European Community's commissioner for external relations, warned Tuesday that t
Air Cargo
FUTURE EDI SYSTEMS SEEN ABLE TO PAINT ELECTRONIC PORTRAITS
Tony Seideman |
Future electronic data interchange will be like digital flypaper. High-tech systems will cap
YANG MING PLANS INCREASE IN FLEET
Paul Mooney |
Yang Ming Marine Transport Corp. is embarking on an ambitious program to add 14 ships to its fleet o
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
CRUM & FORSTER INC. (Morristown, N.J.) - Robert J. Vairo, president and chief operating officer of C
MULTINATIONALS PROTEST PROPOSED BRAZILIAN CONSTITUTION
James Bruce |
Abandoning their customary low profile, multinational executives operating in Brazil are joining loc
HYUNDAI PACT BENEFITS PORTLAND
Mark Magnier |
The Columbia River Shippers Association and Hyundai Merchant Marine have signed a service contract t
Maritime
SEA-LAND SUBSIDY BILL MEETS OPPOSITION
WILLIAM DiBENEDETTO |
The Reagan administration is turning thumbs down on a proposed bill that would make 12 foreign-built
SFSP'S CHAIRMAN CHARTS COURSE THROUGH ROUGH WATER
Chicago Tribune |
Santa Fe Southern Pacific Corp.'s new chairman, Robert D. Krebs, has some definite ideas about redir
Rail News
LE HAVRE CARGO DROPS 11 PERCENT
Journal of Commerce Special |
Tonnage handled by the Port of Le Havre fell 11.4 percent to 23.9 million metric tons in the first h
Maritime
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