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TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> The stock market struggled to reach a new record as profit-taking clashed with
NEW DOW RECORD REMAINS ELUSIVE
RIPLEY WATSON Jr. |
The stock market struggled to push higher to a new record in the Dow Jones industrial average Tuesda
APL YARD FULLY LOADED
GLORIA JOSEPH |
Just one month after American President Lines moved into its spacious, new terminal in Seattle, the
Maritime
MISSION TOUTS US SHIPPING IN ASIA
ROGER SCHREFFLER |
A high-level U.S. transportation mission in Asia for nearly three weeks to promote equal opportuniti
Maritime
APL DEFIES CONVENTIONS W. GERMAN YARDS TO BUILD 24-KNOT WIDE-BODIES
JOHN DAVIES |
Defying conventional wisdom about the economy of ship construction in the Far East, American Preside
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Liberian Ship Catches<br><br> Fire at Bangladesh PortDHAKA, Bangladesh - A Liberian cargo ship loade
Maritime
RICHMOND WELCOMES NEW LINE
MAUREEN ROBB |
The port of Richmond took another step toward recovery this week when it welcomed a new shipping lin
Maritime
GOOD LABOR TIES HELP PORT
CRAIG DUNLAP |
Lambert's Point Docks in Norfolk, Va., employs exclusively International Longshoremen's Association
Maritime
US, JAPAN AT ODDS ON CREDITS EXPORT-IMPORT BANK MAY STRIKE BACK AT 'TIED-AID' PRACTICE
RICHARD LAWRENCE |
The Export-Import Bank may start striking back at Japanese export credit practices.<br><br> Reagan a
MCLEAN NEARLY SOLD TO LOUIS DREYFUS DEAL COLLAPSED WHEN CREDITORS REJECTED TERMS
MARK MAGNIER |
McLean Industries Inc., parent company of United States Lines, was almost sold to Louis Dreyfus Corp
WORLD TODAY
from wire and staff reports |
US Warns on GATT<br><br> GENEVA, Switzerland - The United States' commitment to the Uruguay round of
FORD AND CHRYSLER SPUR INDUSTRY SALES GAINS
(AP) |
U.S. sales of domestic-made cars improved slightly in mid-November, with substantial sales increases
FROST-FIGHTING ORGANISMS ON CROP TRIAL
BILL MONGELLUZZO |
The proposed testing of genetically altered organisms to protect plants against frost continues to m
ALLIED-SIGNAL UNIT POPS THE CORK MILLIONTH AUTO TURBOCHARGER SOLD TO JAPANESE AUTOMAKER
A.E. CULLISON |
The champagne corks were popping in a central city hotel Tuesday as executives of the Garrett Group
ON THE MOVE
Staff Report |
Imura Named<br><br> Matsushita'sUS President<br><br>SECAUCUS, N.J. - Akiya Imura was named president
DIVESTMENT DEMANDS GROW
JANET PORTER |
Anti-apartheid campaigners here will be stepping up their efforts to persuade the more than 100 U.K.
Maritime
BAYER PROFIT RISES DESPITE SALES DIP
Journal of Commerce Special |
The Bayer Group's pretax profits rose 4.2 percent to 2.62 million deutsche marks in the first three
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Turkey Pressures EC<br><br> ANKARA, Turkey - Turkey said the European Community has a treaty obligat
Maritime
JACKSON-VANIK HELD OBSTACLE TO TRADE
HELEN ERICSON |
If Congress takes up legislation to aid U.S. international economic competitiveness, it should consi
Maritime
BARCLAYS OF S. AFRICA SMILING
(AP) |
Barclays Bank of South Africa declared that the withdrawal of the British parent company opens new h
Maritime
UK REGISTERS SURPLUS IN TRADE
Journal of Commerce Staff |
Britain's trade account moved back into the black last month, thanks to a substantial increase in es
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Cheysson in Brazil<br><br> BRUSSELS, Belgium - The European Community's commissioner for Latin Ameri
Maritime
NITL MAY SUPPORT REGULATORY CHANGES
DAVID M. CAWTHORNE |
The railroad deregulation debate may be taking a new turn with the indication that a major shippers'
TRAFFIC BRIEFS
From Wire and Staff Reports |
Hyman Freightways<br><br> Operating BarberST. PAUL, Minn. - Hyman Freightways received temporary ope
RULING ON USED OIL EASES TRUCKERS COSTS
LEO ABRUZZESE |
Truckers may be spared up to $1 billion a year in added costs following a government decision not t
HAULING FOR ALL SEASONS UPS, MACK UNVEIL ALL-WHEEL DRIVE TRACTOR
MICHAEL S. LELYVELD |
There has been many a slip over the past three decades in the development of a tractor capable of h
AVIATION BRIEFS
From Wire and Staff Reports |
Daewoo Will Supply<br><br> Wing Ribs to BoeingSEOUL, Korea - Daewoo Heavy Industries Ltd. signed an
EUROPE'S FORWARDERS WARNED OF STRUGGLE FOR MARKET SHARE
RICHARD MALKIN |
In the pleasant ambience of a strangely hushed restaurant, with the last vestiges of twilight transf
CDG'S WHOLESALE CLUB TO EXPAND OPERATIONS
KEVIN D. THOMPSON |
The Cargo Development Group said it will expand its Wholesale Club cargo operations in January to m
EASTERN MERGER VOTED UNIONS VOW TO PURSUE SUIT TO BLOCK TAKEOVER
(AP) |
Eastern Airlines abruptly ended a special shareholders' meeting after the gathering turned into a sh
FLYING TIGER REFUSES OFFER FROM PILOTS
Journal of Commerce Staff |
Flying Tiger Line pilots offered to buy the financially ailing cargo airline but the company refused
O'HARE SECURITY OVERHAUL SET
JOC Team |
The city plans to reduce the number of Chicago police officers at O'Hare International Airport and i
UK REJECTS PUSH TO CUT OIL OUTPUT
(AP) |
A top British energy official said that his government will continue to reject proposed limitations
REPORT BOOSTS PIPELINE BACKERS
(AP) |
Backers of the proposed Iroquois natural gas pipeline are bolstering their position with the release
EPA FINES CUMBERLAND FARMS
Journal of Commerce Staff |
The Environmental Protection Agency is assessing a $525,000 fine against Cumberland Farms, of Canton
PLATFORM ABLAZE
(AP) |
An offshore oil platform belonging to the United Arab Emirates was ablaze in Persian Gulf waters, sh
ENERGY BRIEFS
From Wire and Staff Reports |
Iran Says Output Cut<br><br> Vital to Oil Price HikeNICOSIA, Cyprus - An Iranian government official
ALASKA PLAN FACES HOSTILITY IN HOUSE
(AP) |
The Interior Department's draft plan for development of Alaska's oil-rich, environmentally sensitive
SPOT PRODUCT PRICES
JOC Team |
November 25, 1986<br><br> U.S. spot oil products price indications, sellers range, in cents per gall
TEXAS EASTERN PLANS PIPELINE COMPANY SEEKS APPROVAL FOR 316 MILES OF GAS LINE
Journal of Commerce Staff |
Texas Eastern Gas Pipeline Co., a Texas Eastern Corp. operating unit, filed for Federal Energy Regul
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