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NEWS SUMMARY
JOC Staff |
AVIATION Those responsible for keeping weapons off commercial airliners receive low wages an
SFSP TO SELL SOUTHERN PACIFIC TO PARENT OF RIO GRANDE LINE
Howard S. Abramson |
The Santa Fe Southern Pacific Corp. Monday announced it will sell the Southern Pacific Transportatio
VOLVO GM TO START UP JANUARY 1
Journal of Commerce Staff |
Volvo GM Heavy Truck Corp. said it will begin operations on schedule on Jan. 1 after Volvo White Tru
Trucking News
ICC SEEKS PERMANENT BAR ON TENN. TRUCKING COMPANY
(Ap) |
Federal officials appeared in court in Tennessee Monday to ask a judge to permanently bar a trucking
Trucking News
TAIWANESE WIN BOXSHIP ORDERS
P.T. Bangsberg |
Orient Overseas Container Lines Ltd. has signed a deal for two containershipsfrom Taiwan's C
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
HOW TO USE: Trade leads on this page are listed according to industry. Codes preceding each
Maritime
SENATOR'S START-UP AIDS SOUTHERN STEAM
Joseph Bonney |
The creation of Senator Line was the best thing that's ever happened to Southern Steam Inc.
Maritime
HARD LANDING CAUSES CRACK IN EASTERN JET'S FUSELAGE
(Ap) |
The fuselage of an Eastern Airlines DC-9 carrying 104 people cracked when the plane made a hard land
Air Cargo
ROBINS INSURER WEIGHS ROLE IN SETTLING CLAIMS
Laura Raley Borda |
Aetna Life & Casualty says it has not decided yet whether it would be obligated to make payments int
MARITIME BRIEFS
From Wire and Staff Reports |
Conference Bids FMC Tighten Rate RulesAn outbound rate-making group of ocean common carriers
Maritime
US NAVY CLOSES ITS SECRET ORE. BASE
Journal of Commerce Special |
The U.S. Navy has disestablished" its secret base here, reassigning to other duties elsewhere all bu
Maritime
USG CORP. SETS SPINOFF OF AP GREEN
Journal of Commerce Staff |
USG Corp. said it has taken the final steps to spin off as a stand-alone business its A.P. Green Ref
JAPAN SEEKS TO SPEED EXPORTS TO CHINA
Noel Fletcher |
Japan is hoping to ease mounting friction with China in the aftermath of the ''Toshiba affair" by sp
Maritime
CHINESE NEED PORK OUTPUT HIKE
(Ap) |
China needs to boost pork output by raising the purchase price for pigs and by allocating 1.55 milli
EMPHASIS ON ECONOMIC GROWTH SPELLS TROUBLE FOR THE DOLLAR
Kevin Commins |
The presidential election campaign of 1988 will not be kind to the dollar. To bolster the ch
CHINESE PROVINCE AIMS TO IMPROVE TRANSPORT
John Kelley |
Southern Yunnan province has the heady aura of misty beauty and latent power that has been a percept
Trucking News
INDIA TAKES STEPS TO BOLSTER SHIPPING
Neel Patri |
The Indian government is moving to shore up what it considers viable shipping companies through a pa
Maritime
WHITE HOUSE COMMENT LIFTS DOLLAR FROM LOWS
Knight-Ridder Financial |
The dollar fell more than 2 percent to postwar lows of 122.85 Japanese yen and 1.5910 West German ma
US SHIPYARD PROSPECTS BRIGHTEN
Robert F. Morison |
The decline of the U.S. private shipbuilding industry may have bottomed out in 1987. At leas
Maritime
ILL. UTILITY COMPLETES NUCLEAR PROGRAM
Andrea Chancellor |
Commonwealth Edison Co. reached a milestone this month when it announced a construction budget for t
EXXON UNIT CUTS ASSESSMENT OF AUSTRALIA'S OIL RESERVES
Vincent W. Stove |
The Australian subsidiary of U.S. oil major Exxon has downgraded its assessment of Australia's oil r
WANG LABS INTRODUCES MULTIPROCESSOR
(Ap) |
Wang Laboratories Inc. on Monday unveiled its first multiprocessor computer system, the VS 7320, and
LIRR ELECTRIFICATION PROJECT SHAVES COMMUTING TIME
(Ap) |
It was a quicker trip Monday for commuters on the Long Island Rail Road's Ronkonkoma branch as the L
Rail News
BROKERS BACK HOUSE PANEL'S PRODUCT BILL
Journal of Commerce Staff |
A compromise product liability bill being considered by the House Energy and Commerce Committee will
GM PLANS TO UNVEIL ITS VISION OF 21ST CENTURY TRANSPORTATION
(Ap) |
General Motors Corp. hopes to boost its sagging image by trumpeting positive news at a private auto
MOST FAVOR COMPETITION IN AUTO REPAIR PARTS
Russ Banham |
A nationwide survey indicates that the U.S. public strongly supports competition in making crash par
COST-OF-LIVING INCREASE MEANS HIKE IN SOCIAL SECURITY CHECKS
(Ap) |
Social Security payroll deductions go up this week, as do benefit checks, in a little New Year's gi
S. KOREA WEIGHS US TRADE THREAT
(Ap) |
South Korea will decide this week whether to give in to a U.S. ultimatum to open its markets wider t
JAPAN'S FARMERS KNOW HOW TO LOBBY
Knight-Ridder Newspapers |
Japanese farmers have discovered public relations - American style. Farmers in Japan, althou
WORLD TODAY
Wire and Staff Reports |
IMF Expands Fund To Aid Poor CountriesThe International Monetary Fund announced Monday a rou
HEARINGS BEGIN ON SHIP DISASTER
(Ap) |
Two ships that collided in one of the world's worst marine disasters disappeared in a huge ball of f
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
REEBOK RUNS AHEAD OF PACK OF MOST-PROFITABLE US FIRMS
(Ap) |
Reebok International, the athletic apparel manufacturer best known for its popular shoes, was the mo
GISCARD BOND PAYOFF MAY AFFECT DOLLAR
David Stahl |
Efforts by the Group of Seven major industrialized nations to support thedollar may be frus
FINANCIAL BRIEFS
Wire and Staff Reports |
Japanese Refiners Seek Metal MarketTOKYO - Japan's aluminum refiners will soon urge the gove
COST OF CREDIT
JOC Staff |
Mon., Dec. 28, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
ENERGY BRIEFS
Wire and Staff Reports |
Marketers Win Delay On Diesel Tax ChangesHouse and Senate conferees have given petroleum mar
ALCOHOL FUELS PROMPT WARNING
Chicago Tribune |
The Center for Auto Safety, the consumer crusader for safer cars, has issued a warning on alcohol fu
SCREENING OF PASSENGERS AT AIRPORTS SCRUTINIZED
Ray Alvarez Torres |
The guards who are responsible for keeping guns and other weapons off commercial passenger jets rece
Air Cargo
AUTOMAKERS MOVING TO COMMON DATA STANDARD
Tony Seideman |
Seeking increased efficiency and sophistication, automobile manufacturers are shifting their compute
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