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UTILITIES WIN ROUND ON DEFAULTED BONDS
(Ap) |
Utilities and others defending a multibillion-dollar suit over defaulted nuclear power plant bonds i
CHINA CRACKS DOWN ON BUILDING MISHAPS
(Ap) |
About 500 people have died this year in China in serious building accidents attributed to poor manag
Maritime
US INSURERS BECOME FARMERS RELUCTANTLY
Paula L. Green |
Some of the nation's top life and health insurers are becoming farmers by default. As govern
COAL MARKETS SOUTHERN CO. SCOUTING TO SUPPLY GEORGIA POWER
Tim Sansbury |
Southern Co. Services Inc., is back in the market to buy coal for Georgia Power Co. After an
NORFOLK SOUTHERN OPENS AUTO UNLOADING FACILITY
Kevin D. Thompson |
Ford Motor Co. hopes late vehicle deliveries and lack of coordination between rail and truck carrier
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
ScanCarriers Offers Service Through BostonScanCarriers is offering service to New Zealand an
Maritime
SEAWAY TOLL REBATES BEGIN
Tim Neale |
Algoma Central Railway, Sault Ste. Marie, Ontario, recently received a checkfrom the U.S. Tr
Maritime
CANADIAN EXCHANGE OPENING IS DELAYED
Leo Ryan |
The formal launching of a Canadian Insurance Exchange has been further delayed due to an insufficien
NY TIGHTENS REGULATIONS FOR CLAIMS-MADE FORMS
Journal of Commerce Staff |
Commercial insurance companies have even more restrictions to follow in using an already controversi
AMERICAN RELIANCE FILES SUIT
Journal of Commerce Staff |
American Reliance Group Inc. and its largest shareholder said they sued two investors Friday after r
BUCKEYE DECLARES DISTRIBUTION
Journal of Commerce Staff |
Buckeye Management Co., general partner of Buckeye Partners LP declared a quarterly partnership dist
LIFE ABOARD SHIP NO PICNIC
Mark Thompson |
The workday aboard the USS Fox begins 15 minutes past midnight, when the fourth meal of the day end
Maritime
KUWAITI TANKER BRINGS NJ TOWN NEW FAME
(Ap) |
Whip-like winds and waves kept the supertanker Bridgeton from loading up with 1.8 million gallons of
Maritime
HOUSE PROBES MILITARY CONTRACTOR OVERCHARGES
Fort Lauderdale News & Sun-Sentinel |
The Justice Department considered bringing conspiracy charges against military officials and contrac
Air Cargo
JAPAN SEEKS 10 PERCENT BUDGET REDUCTION
(Ap) |
The Japanese government, maintaining its austere financial policies, called for reductions in the fi
Maritime
DIAMOND TO SELL SALT UNIT
Journal of Commerce Staff |
Diamond Crystal Salt Co. has signed a letter of intent to sell the company'ssalt division to
NEW ENGLAND FACES POWER CUTS DURING REFUELING SHUTDOWNS
(Ap) |
Voltage reductions may result from a severe shortage of electric energy being forecast for the New E
AVIATION BRIEFS
From Wire and Staff Reports |
Nippon Cargo Plans Service to SingaporeNippon Cargo Airlines plans to start service to Singa
Air Cargo
RAIL BRIEFS
From Wire and Staff Reports |
Railroad Reform Talks Near a Critical StageTalks aimed at forging a compromise on railroad r
Rail News
2 RATE BUREAUS PLANNING HIKES IN PRICES IN FALL
Leo Abruzzese |
Two trucking industry rate bureaus are planning fall price hikes and several others may take similar
Trucking News
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PENSION AGENCY TO APPEAL LTV STEEL LABOR CONTRACT
Journal of Commerce Staff |
The Pension Benefit Guaranty Corp. said it moved Friday to block a tentative labor contract between
NEWS SUMMARY
JOC Staff |
AVIATION The faithful flew in Friday, a 48-hour swarm of aviation addicts returning to their
US HASN'T ASKED ITALY FOR HELP, OFFICIAL SAYS
(Ap) |
Italy has received no request from the United States for help in U.S. efforts to remove mines in the
Maritime
YUGOSLAVIA ANNOUNCES NEW PRICE INCREASES
(Ap) |
Yugoslav newspapers announced price rises for a series of essential consumer goods and services amid
Maritime
EXXON TESTS FOR OIL IN ARGENTINE WATERS
Jeremy Morgan |
A group led by an Exxon Corp. unit has begun offshore seismic testing for oil in a 39,000 square kil
CHEMICAL MARKETS DOW INCREASES CAUSTIC SODA PRICES
Journal of Commerce Staff |
Dow Chemical U.S.A. has notified customers of a $25 a ton increase in the off-list price of caustic
PLASTICS CORNER
Journal of Commerce Staff |
Borden, Japanese Firm In Joint Resin VentureCOLUMBUS, Ohio - Borden Inc. has signed a joint
FIRM SIGNS PLASTIC CAR KEY CONTRACT
(Ap) |
Creditcard Keys Co. of Phoenix has signed CIMCO of Costa Mesa, Calif., to manufacture an estimated $
Trucking News
NEW PRODUCTS MARKETPLACE UK'S JENWAY UNVEILS RUGGED THERMOMETER
JOC Staff |
Jenway Ltd., a British company, has developed a wall-mounted thermometer designed to operate in pote
Maritime
COST OF CREDIT
JOC Staff |
Fri., July 31, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
A FEW SOURCES OF INFORMATION
This report was prepared by James Bruce, Journal of Commerce |
The following sources in Brazil may be of interest both to smaller banks lacking international infra
CALIFORNIA'S OIL IMPORTS COULD TRIPLE, GROUP WARNS
John Davies |
Predicting that international oil prices will rise to $27 a barrel by 1990 and keep on rising, the C
OFFICIALS OPPOSE NJ PLAN TO TRUCK SOLID WASTE TO PA.
Gregory S. Johnson |
A plan to truck solid waste from a northern New Jersey County to landfills in western Pennsylvania c
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
969.5 (July 30) Previous day - 965.0 The Baltic International Freight Futures Exchange in Lo
Maritime
TEXTILE IMPORT BILL CLEARS SENATE UNIT
Richard Lawrence |
The Senate Finance Committee cleared the way for full Senate action on a textile-footwear import quo
FINANCIAL INSTITUTIONS HOLD MONOPOLY ON DEBT SWAPS
This report was prepared by James Bruce, Journal of Commerce |
Until the Brazilian central bank announces new, broader rules, financial institutions have the only
HOUSE PANEL VOTES FOREIGN AID BILL
(Ap) |
A House of Representatives panel has approved a $13.2 billion foreign aid package for fiscal 1988, s
Maritime
CONRAIL EXPECTS MODERATE GROWTH IN SECOND HALF
(Ap) |
Executives expect moderate growth for Conrail during the second half of 1987 although automotive shi
Rail News
MANVILLE GETS NOD TO ARRANGE CREDIT
Journal of Commerce Staff |
Manville Corp. on Thursday announced that it has received bankruptcy court approval to arrange $220
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