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TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Australia, Japan To Discuss Beef QuotaSYDNEY, Australia - Australian and Japanese officials
Transport, Trade and Regulation News
EXPORT BRIEFS
Wire and Staff Reports |
Siemens to Purchase Systems From MoscomEAST ROCHESTER, N.Y. - Moscom Corp. has signed a cont
Maritime
COST OF CREDIT
JOC Staff |
Wed., Nov. 18, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
BRAZILIAN SENATE VOTE MAY DEFUSE COMPUTER TRADE DISPUTE WITH US
Richard Lawrence |
An action this week by Brazil's Senate may help defuse the U.S.-Brazilian computer trade dispute, a
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
DOLLAR SLIPS ON BUDGET FEARS
Knight-Ridder Financial |
The U.S. dollar declined slightly Thursday in lackluster trading, as players stayed on the sidelines
REAGAN TRIES TO EASE FEARS OF DOWNTURN
John Boyd |
President Reagan tried to ease fears of a looming economic downturn, saying there was no reason to b
ON THE MOVE PAINEWEBBER TAPS BECKER FOR NEW UNIT
JOC Staff |
PaineWebber Inc. has created an institutional energy trading unit, hiring Gary M. Becker to head it
HEWLETT-PACKARD PROFIT RISES 39 PERCENT
(Ap) |
Hewlett-Packard Co.'s profit rose 39 percent to $218 million in its fourth fiscal quarter, the compa
DEARDEN DIES IN SUBWAY FIRE
Journal of Commerce Staff |
The Journal of Commerce learned "with great regret" that Felix Dearden, who until earlier this year
WORLD TODAY
Wire and Staff Reports |
Brazilians Seek to Ease US Software DisputeA bill passed this week by Brazil's Senate may he
CORRECTION
JOC Staff |
Associated Press article Nov. 19 on Fireman's Fund withdrawing from Massachusetts misstated the seve
INSURANCE BRIEFS
From Wire and Staff Reports |
London Firm Assessing Cost of Subway FireLondon Regional Transport is still assessing the fi
INSURERS CHEER WITHDRAWAL OF DATA FILING BILL
Leah R. Young |
The House Consumer Subcommittee pulled back legislation Wednesday to require insurance companies to
PAULA GREEN'S INSIDE TALK FROM HAWAII
Paula Green |
THEY CALL IT MONTE CARLO WEST. Scores of reinsurers, primary insurers and brokers once again
JAMIESON NAMED NAII CHAIRMAN
Journal of Commerce Staff |
R.M. Jamieson, chairman of the Zurich Insurance Cos. in America, based in Overland Park, Kan., was e
SENATE PANEL SWIFTLY APPROVES BURNLEY FOR TOP TRANSPORT POST
Leo Abruzzese |
The Senate Commerce Committee swiftly approved the nomination of James Burnley to be the new secreta
BILL WOULD ALTER WAY LLOYD'S IS TAXED IN US
Edwin Unsworth |
An obscure provision of the $11.2 billion tax increase bill under discussion in the budget summit ta
LUMBER UNIT WINS NOD TO NEGOTIATE OCEAN RATES
Robert F. Morison |
Six Pacific Northwest producers and traders of softwood lumber and panel products won Justice Depart
INSURERS URGED: CONTROL RATE SWINGS OR FACE REGULATORY INVASION
Paula L. Green |
Property and casualty insurers have to start making some agonizing choices. The industry can
HONG KONG TRANSPORT STRAINED
P.T. Bangsberg |
The good news is that Hong Kong's trade is roaring. The worrying news is that it is straining the vi
Maritime
GRAIN OFFICER SEES STRIKES COSTLY TO NEWCASTLE PORT
Knight-Ridder Financial |
Numerous industrial disputes at the Newcastle grain terminal in 1986 probably cost the leading east
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Chinese Mine Mishaps Killed 55 Since Nov. 1A spate of fatal mishaps in China's coal mines ha
HEATING OIL POSTINGS, SPOT PRICES FALL IN NY
Sam Glasser |
Heating oil prices are sliding as the market continues to be bedeviled by bearish factors. P
SPOT PRODUCT PRICES
JOC Staff |
November 19, 1987 U.S. spot oil products price indications, sellers range, in cents per gall
OIL PRICES SINK IN ANTICIPATION OF A TOUGH OPEC MEETING
Dallas Morning News |
Expectations that the Organization of Petroleum Exporting Countries' meeting in Vienna, Austria, nex
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
THE OIL AGE isn't going to end soon. That was the message Roger Herrera, Alaska exploration chief fo
ENERGY BRIEFS
From Wire and Staff Reports |
Japan Requests Cuts In Iranian Oil ImportsThe Japanese government Thursday asked oil wholesa
OIL OUTPUT DOWN 14 PERCENT IN LOWER 48
Knight-Ridder Financial |
Crude oil production in the lower 48 states fell 14 percent in October, while imports hovered around
CATHAY QUESTIONING THE ADEQUACY OF VANCOUVER AIR TRAVELER FACILITIES
Mark Wilson |
Cathay Pacific Airways is concerned about the adequacy of facilities in Vancouver for handling passe
Air Cargo
ENERGY BRIEFS
From Wire and Staff Reports |
Philippine 'Dry Hole' Now Producing OilAn offshore oil well in the Philippines that was rece
KEEPING COSTS OF EUROPEAN TRAVEL DOWN
Christopher Lofting |
The news for all of those planning to travel overseas is not good. Most European countries, and sele
Air Cargo
PIEDMONT AIRLINES TO INSTALL COLLISION AVOIDANCE SYSTEM
Tony Seideman |
Piedmont Airlines has become the first airline to contract to install an anti-collision system in it
Air Cargo
GALILEO OPTIMISTIC ON EXPANSION
Journal of Commerce Special |
Galileo, the computerized airline reservation service (CRS) striving to sign up partners ahead of ri
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
Lufthansa, Iberia Plan Spanish Charter LineFRANKFURT, West Germany - Lufthansa AG, the West
Air Cargo
INSIDERS WARN TOUGH FUTURE AWAITS CARRIERS
Dave Higdon |
A former chairman of the Civil Aeronautics Board this week warned the nation's airline industry that
Air Cargo
FREIGHT RATE FUTURES
JOC Staff |
Nov. 19 Baltic International Freight Futures Exchangeprev.Close High Low
Maritime
P-I-E SUSTAINS QUARTERLY LOSS OF $15 MILLION
Leo Abruzzese |
Financially ailing P-I-E Nationwide Inc. lost more than $15 million in the third quarter, but compan
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
1153.0 (Nov. 19) Previous day - 1155.5 The Baltic International Freight Futures Exchange in
Maritime
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