Samuel F.B. Morse launches The Journal of Commerce in New York. Newspaper’s original page size was 35 by 24 inches.
The Journal of Commerce buys a deepwater schooner to meet incoming liners from Europe at Sandy Hook to gather news ahead of the competition.
The Journal of Commerce sets up its own “pony express” from Philadelphia and Washington to New York. The government, claiming illegal competition, shuts it down and purchases the horses.
Arrival of British-flag Sirius and Great Western marks start of permanent trans-Atlantic steamship service to New York.
Samuel F.B. Morse patents magnetic telegraph. 1840 The New Jersey becomes the first propeller-driven commercial vessel in America.
The JoC and six other newspapers form the Associated Press, now the world’s largest news-gathering organization. JoC Publisher Gerard Hallock was AP’s first chairman.
Matthew Perry concludes Treaty of Kanagawa, opening Japan to Western trade.
Civil War begins with bombardment of Fort Sumter. Ten days later, the JoC is banned from U.S. mails for “disloyalty.” Transcontinental telegraph is completed.
JoC is closed on order of President Lincoln. It reopens three days later.
Civil War ends with Lee’s surrender. 1869 Suez Canal opens. Transcontinental railway is completed.
Carriers in England-India trade establish first rate-setting conference.
Interstate Commerce Commission is established.
Panic of 1893 leads to 15,000 U.S. business failures. JoC merges with the Commercial Bulletin.
First trans-Atlantic wireless transmission made by Marconi. 1903 Wright brothers make first powered flight.
U.S. adopts gold standard, stabilizing dollar’s value. 1907 Financial panic provides impetus for creation of U.S. central bank. 1913 Federal Reserve Act is enacted, with key portions written by H. Parker Willis, JoC editor.
Panama Canal opens. World War I begins in Europe.
Shipping Act of 1916 legalizes ocean carriers’ U.S. antitrust immunity.
U.S. enters World War I. 1918 World War I ends.
Merchant Marine Act of 1920 (Jones Act) becomes law.
Stock market crashes, followed by Great Depression.
Smoot-Hawley tariff is enacted, reducing international trade.
International Longshoremen’s and Warehousemen’s Union is founded, with Harry Bridges as president.
Merchant Marine Act of 1936 revives U.S.-flag fleet and shipyards on eve of World War II.
World War II begins with German invasion of Poland.
Japan attacks Pearl Harbor, bringing U.S. into war.
World Bank and International Monetary Fund created at Bretton Woods, N.H. 1945 WWII ends. United Nations charter is signed by 50 nations in San Francisco.
Marshall Plan paves way for rebuilding of Europe. International Civil Aviation Organization is established by 146 countries.
Malcom McLean introduces container ship with coastwise sailing of converted tanker Ideal X.
European Economic Community is created.
First General Agreement on Tariffs and Trade signed by 80 nations. 1959
St. Lawrence Seaway opens.
ILWU, Pacific Maritime Association sign Mechanization and Modernization Agreement, allowing containerization to take hold on West Coast.
First trans-Atlantic container service is launched by Sea-Land.
U.S. lifts embargo on trade with China. Seatrain introduces first U.S. landbridge tariffs.
Arab nations cut off Western oil supplies, causing major economic disruption. JoC publishes the news six days before official announcement.
Civil Aviation Act relaxes economic regulation of U.S. aviation industry.
U.S. truck and rail industries are deregulated.
American President Lines introduces first double-stack intermodal train.
Shipping Act of 1984 gives legal authority to carrier intermodal agreements, shippers’ associations.
International Longshoremen’s Association, facing non-ILA competition in Southern ports, accepts first pay cuts in 50 years.
Cold War ends with collapse of the Soviet Union.
NAFTA is signed by Canada, Mexico and the U.S., creating world’s largest trading bloc.
World Trade Center, home of the JoC since 1991, is bombed. JoC continues publishing without interruption.
Ocean Shipping Reform Act legalizes confidential shipper-carrier contracts.
JoC launches weekly magazine and JoC Online to replace printed newspaper.
Terrorist attacks destroy World Trade Center, damage Pentagon, killing 3,000.
2002 JoC celebrates 175th anniversary.