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DEFICIT ESTIMATES GROW AS USUAL
John Boyd |
There are some things you can depend on: Night follows day, autumn gives way to winter, and low esti
INSIDE TALK ON IMPORTERS
Rosalind Rachid |
T'WAS THE NIGHT BEFORE CHRISTMAS: The strike last October by some 30,000 members of the Internationa
Maritime
US REGISTERS 2.8 PERCENT GROWTH
(Ap) |
The U.S. economy, bolstered by a surge in car sales, expanded at an annual rate of 2.8 percent from
CARGILL PULLING OUT OF INSURANCE
C.A. Carpenter |
Cargill Inc. said it's pulling out of the life insurance and property and casualty reinsurance busin
AFTER-TAX EARNINGS RISE 5.5 PERCENT
Knight-Ridder Financial |
After-tax profits of U.S. corporations rose a revised 5.5 percent in the third quarter to a seasonal
MARITIME BRIEFS
From Wire and Staff Reports |
NY Power Authority To Buy New IcebreakerNew York Power Authority trustees have given the go-
Maritime
BOSTON RADIO MEN AT IT AGAIN TALKMASTERS TAKE TO THE AIR TO BATTLE NEW DRUNK DRIVING LAW
TOM McNIFF Jr. |
Even as Massachusetts Gov. Michael Dukakis prepared to sign a drunk driving law - said to be among t
AIDS VACCINE TESTED ON HUMANS IN ZAIRE
(Ap) |
Scientists have begun testing an AIDS vaccine on humans in Zaire, surprising many researchers who be
INSIDE TALK ON ENERGY
Andrea Chancellor |
NO CHANGE IS EXPECTED in Peabody Holding Co. operations once Newmont Mining Co., New York, acquires
GASOLINE RETAILER TO FORFEIT STATIONS
(Ap) |
A federal jury in Brooklyn ordered a Long Island gasoline retailer to forfeit $4.7 million and 36 of
OUTLOOK STILL CLOUDED FOR GERMAN SHIPYARDS LIFELINE FROM APL MAY NOT BE ENOUGH
Bruce Barnard |
American President Lines threw a lifeline to West Germany's troubled shipbuilding industry with a re
WORLDWIDE SLUMP IN SHIPPING HITS EVERGREEN GROUP PROFITS
William Armbruster |
The worldwide slump in the shipping industry will even take its toll on the world's most successful
EC SEES MORE REFORMS AFTER MILK, BEEF ACCORDS
(Ap) |
The European Community Commission praised the accord between the 12 EC states to cut milk and beef o
OAKLAND LOOKS TO REVAMP TRANSPORT IMPROVEMENTS EXPECTED TO LURE IMPORTS
John Davies |
Wharf-side rail connections and bold, expensive actions away from the waterfront will be needed for
Maritime
TRUCKERS AWAIT DECISION ON STATE TAX CASE
Leo Abruzzese |
A $500 million tax case before the Supreme Court will shape the course of the trucking industry's 19
ITEL EYES XTRA BOX UNIT CONSOLIDATION OF LEASING HELD COST-EFFECTIVE
Michael S. Lelyveld |
The most attractive part of XTRA Corp. is its container leasing business, says an official of the co
ECONOMIST SEES GROWTH PROCEEDING AT SLOW PACE
(Ap) |
Economic growth will continue nationally in 1987, but at the same slow-to- moderate pace it did duri
POLISH COMMUNISTS CALL FOR REFORM
(Ap) |
Poland's Communist Party Central Committee opened a key two-day meeting on the economy and heard a s
Maritime
BAA EXPECTS NEW GROWTH AREAS
Edwin Unsworth |
The British Airports Authority PLC, which manages seven key airports, hopes that its privatization n
LEVY VOWS TO CONTINUE RENAULT RESTRUCTURING PLAN
(Ap) |
Raymond Levy, the new chairman of France's state-owned Renault car company, said he will continue t
Maritime
US COMPUTER FIRMS FIGHT BRAZIL RULES
Journal of Commerce Staff |
U.S. computer companies are apparently taking a harder line toward Brazil's computer trade and inves
TRAFFIC BRIEFS
From Wire and Staff Reports |
Leaseway Completes Car Hauler AcquisitionLeaseway Transportation Corp. said it completed its
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Seiko to Acquire French WatchmakerHattori Seiko Co., a leading Japanese watch and clock prod
Maritime
CARRIER SUBPOENAED IN IRAN-CONTRA PROBE
(Ap) |
Southern Air Transport, a carrier involved in arms shipments to Iran and Nicaraguan rebels and forme
ON THE MOVE
Staff Report |
Zurich Move Puts BolinderNext in LineSCHAUMBURG, Ill. - Zurich-American Insurance Gr
SEAWAY TRAFFIC, CARGO HEADED FOR RISE IN '86
(Ap) |
The St. Lawrence Seaway, hurt in recent years by a shift in cargo shipping to rail and trucks, appea
Maritime
TAX BREAK URGED FOR CALIF. PROPANE
Journal of Commerce Staff |
A California assemblyman thinks propane users should enjoy the same tax benefit that residential nat
BUG PLANS TO BOOST SPOT GAS PURCHASES
Kirby V. Freeman |
Brooklyn Union Gas Co. says it plans to drastically increase its purchases of natural gas from spot
NEW RULING FAVORS RAILROADS 4 UNIONS ENJOINED FROM STOPPING WORK AGAINST 2 CARRIERS
Andrea Chancellor |
A federal district judge enjoined four railroad shopcraft unions from striking or engaging in any wo
WORLD TOBACCO OUTPUT DOWN
(Ap) |
World production of tobacco is down slightly this year from previous forecasts, the U.S. Agriculture
BID TO OVERTURN ELECTION REFUSED BALTIMORE JUDGE SUPPORTS MASTERS, MATES AND PILOTS
Chris Dupin |
The leadership of the International Organization of Masters, Mates, and Pilots has turned back a maj
Maritime
TUG BRINGS YULE CHEER TO SEAMEN
Carl Cahill |
For the sixth consecutive year, Capt. Lane Briggs will bring the spirit of Christmas to hundreds of
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS The U.S. economy, bolstered by a surge in car sales, expanded at an annual rate
LNG HEADING FOR US INDONESIAN CARGO IS 1ST AFTER IMPORT HIATUS
Nailene Chou Wiest |
A shipload of Indonesian liquefied natural gas is due to arrive at the Everett, Mass., terminal on
CHEMICAL MARKETS
Journal of Commerce Staff |
Hoechst Sets Price HikeFor Jan. 1American Hoechst Corp. will increase the price of m
VENEZUELA SEEKING DEBT RESCHEDULING
(Ap) |
Venezuela has asked creditors to give it until the year 2000 to repay $21 billion of foreign debts
YEAR A DISCOURAGING ONE FOR AUSTRALIA'S BANKS
Vincent W. Stove |
This year will not be remembered with much affection by Australia's three major private banks.<
TRADE FAIRS
From Wire and Staff Reports |
African Show Features Contemporary TrendsAfrican Trends is an exhibition designed to acquain
Maritime
GREAT LAKES PORTS CHANGING TO STAY AFLOAT
(Ap) |
Day by day for the past four months, a wrecking ball has pounded at the concrete grain elevators in
Maritime
DEBTS PUT AT $880 MILLION
William Armbruster |
Like many companies in the shipping industry, the Evergreen group is not especially eager to disclos
Maritime
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