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EMERY LIKELY TO OPEN INTRA-EUROPEAN HUB
PHILLIP HASTINGS |
Emery Air Freight is expected to launch an intra-European air hub at Maastricht Airport in southern
ENORMOUS SAVINGS SEEN IN SWITCH TO EDI
Journal of Commerce Staff |
News from the last day of the International Freight Industry Conference in London:<br><br> The switc
UNION, GUILFORD TO MEET EFFORTS TO RESOLVE LONG-RUNNING DISPUTE CONTINUE
JULIANA KING |
The Brotherhood of Maintenance of Way Employes said it will meet with the National Mediation Board i
TRAFFIC BRIEFS
From Wire and Staff Reports |
Exemption Sets Stage<br><br> For Rail AcquisitionThe Interstate Commerce Commission granted Dakota,
PDVSA READY TO SIGN CITGO DEAL
(AP) |
The state-owned oil firm Petroleos de Venezuela will sign an agreement to<br><br>purchase half of Ci
THATCHER APPROVES NORWAY'S EXPORT CUT
(AP) |
British Prime Minister Margaret Thatcher tacitly approved Norway's preliminary 10 percent oil export
SUN CUTS PRICES
Journal of Commerce Staff |
Sun Refining and Marketing Co. cut the barge price of its No. 2 fuel oil by 1.75 cents to 41.50 cen
ENERGY BRIEFS
From Wire and Staff Reports |
European Spot Market<br><br> Settles After RallyA ready supply of prompt barrels quieted down spot o
CHEVRON TO SELL INTEREST IN PA., W.VA. PROPERTIES
Journal of Commerce Staff |
Chevron U.S.A. Inc. agreed to sell its interest in some producing oil and gas properties in Pennsylv
CSX TO SELL ASSETS
Journal of Commerce Staff |
CSX Corp. agreed to sell virtually all of its coal properties to Houston- based Quintana Minerals Co
BULK FACILITY SET FOR MISSISSIPPI WILL HANDLE PETROLEUM COKE, COAL, BUT NO FUEL CARGOES
Journal of Commerce Staff |
A mid-stream bulk-cargo handling facility will be developed in the Mississippi River below New Orlea
PETROLEUM FUTURES RISE
Knight-Ridder Financial |
Petroleum futures closed mostly higher on the New York Mercantile Exchange after trading quietly in
UNION TEXAS CONFIRMS FIND
Journal of Commerce Staff |
Union Texas Petroleum, which recently completed a well in the Badin area of southeast Pakistan, conf
EPA ACCEPTS CARBIDE STUDY ON ALDICARB
Journal of Commerce Staff |
Union Carbide Agricultural Products Co. Inc. announced that the results of an independent study on t
CHINA SEEKINGLOANS FOR COAL NATION TURNS TO WORLD BANK TO HELP ITS MINING INDUSTRY
JASPER BECKER |
After failing to attract adequate foreign investment to develop its huge coal deposits, China hopes
COAL MARKETS EGYPT WANTS OFFERS
Journal of Commerce Staff |
Egypt is in the market for 400,000 to 500,000 tons of coking coal for 1987, a trader said, and vendo
COAL MARKETS KY. UTILITY SEEKS BIDS
ANDREA CHANCELLOR |
A Kentucky utility returned to the spot coal market and the Tennessee Valley Authority ordered long-
DOW AGREES TO SELL BROMINE UNIT TO ETHYL
Journal of Commerce Staff |
The Dow Chemical Co. announced that it reached an agreement with Ethyl Corp. for the sale of Dow's b
HONG KONG EXHIBIT ATTEMPT TO ALLAY NUCLEAR FEARS?
(AP) |
A preview was held for Hong Kong's first nuclear technology exhibition in what is seen as an attempt
CHEMICAL MARKETS
Journal of Commerce Staff |
Celanese Hikes Acrylic Acid Prices<br><br> Celanese Chemical Co. Inc. announced it will increase the
MILES, HYGEIA SIGN PACT
Journal of Commerce Staff |
Hygeia Sciences Inc. of Newton, Mass., and Miles Laboratories Inc. of Elkhart, Ind., a subsidiary of
ENERGY BRIEFS
From Wire and Staff Reports |
Rancho Seco Start-up<br><br> Delayed 2 More MonthsThe proposed start-up time for the Rancho Seco nuc
PLASTICS CORNER
Journal of Commerce Staff |
BP Polymers<br><br> To ExpandUS Businesses<br><br>BP Performance Polymers Inc. announced plans to ex
COST OF CREDIT
JOC Team |
Friday, September 12, 1986<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>CanadaU
FLORIDA EAST COAST KEEPS ON TRACK
CRAIG DUNLAP |
If ever a railroad emulated the Little Engine That Could, it would have to be Florida East Coast Rai
FINANCIAL BRIEFS
From Wire and Staff Reports |
Nigeria Formally Seeks<br><br> Debt ReschedulingNigeria formally proposed a rescheduling of its debt
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PLATINUM, GOLD MARTS COULD FALL, RECOVER
RUPERT OLDHAM |
Platinum is expected to fall to $540 and gold could fall below $400 an ounce over the next week as s
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DOLLAR FALLS OVER A BROAD FRONT
Knight-Ridder Financial |
The U.S. dollar fell over a broad front Friday, giving up nearly all of the week's gains.<br><br> In
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br>Strong showings in retail sales and a pickup in producer prices have analysts fe
WHITE HOUSE DOWNPLAYS NUMBER OF UNINSURED
LEAH R. YOUNG |
The Reagan administration is downplaying the numbers of Americans who are either uninsured or underi
NY QUANTIFIES EFFECTS OF REFORM INSURERS TOLD LIABILITY RATES SHOULD BE CUT 3 PERCENT TO 20 PERCENT
ALAN HERBERT |
New York has become the first state to quantify the effects of tort reform legislation on insurance
INSURERS BRAVE STOCK SLIDE
C.A. CARPENTER |
The increasing influence of Wall Street on the property and casualty insurance industry has become a
DOLE BACKS OIL SPILL LIABILITY PLAN
ROBERT F. MORISON |
Elizabeth Hanford Dole, transportation secretary, expressed the hope that Congress will find time to
ATA, UNDERWRITER INK PACT
LEO ABRUZZESE |
American Trucking Associations signed an agreement with a Cleveland underwriter creating an endorsed
INSURANCE BRIEFS
From Wire and Staff Reports |
Drunk Driver Sentenced<br><br> For 1984 Auto AccidentSANTA ANA, Calif. - A drunken driver responsibl
CANADA-US FREE TRADE URGED
LEO RYAN |
Canada and the United States should negotiate free trade in the transportation sector, a leading Can
Maritime
US MAY MOVE AGAINST JAPANESE BANKS HERE
A.E. CULLISON |
The Reagan administration may resort to retaliatory measures against Japanese<br><br>financial insti
INDONESIA DEVALUES CURRENCY
(AP) |
Indonesia devalued its currency by 45 percent, to 1,644 rupiahs to one U.S<br><br>dollar, to prevent
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