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WORLD TODAY
Wire and Staff Reports |
Foreign Producers Absorb Dollar LossesForeign manufacturers are absorbing a large part of th
ILA EXPECTED TO SIGN PACT TO WORK AMTRANS VESSELS
William Armbruster |
Crowley Maritime Corp. and the International Longshoremen's Association are expected to sign a contr
EXPORTERS PESSIMISTIC ON INDIA CORN DEAL
Knight-Ridder Financial |
Corn barter negotiations with India will be difficult and probably are not feasible, U.S. exporters
Maritime
BIMCO SERVICES USED WIDELY, PRESIDENT SAYS
Journal of Commerce Staff |
The president of the Baltic and International Maritime Council says Bimco's information and educatio
Maritime
2ND CENTRAL GULF CAR CARRIER MAKES INITIAL VOYAGE TO US
Bill Mongelluzzo |
New Orleans-based Central Gulf Lines, proving once again its skill as a specialized shipping company
Maritime
FEDERAL WINS RIGHTS TO US-JAPAN ROUTE
Leo Abruzzese |
The Department of Transportation chose Federal Express Corp. over United Parcel Service to provide t
Air Cargo
WESTINGHOUSE BOLSTERS ROLE IN WASTE INDUSTRY
Journal of Commerce Staff |
Westinghouse Electric Corp. bolstered its recently clarified plans to become a major force in the es
WATER QUALITY IMPROVES
Journal of Commerce Staff |
Water quality has improved in the last 15 years, the Environmental Protection Agency announced in it
PACIFIC GAS & ELECTRIC SEEKS OUTSIDE PROJECTS
John Maggs |
Pacific Gas and Electric Co. plans to create an unregulated subsidiary that will finance independent
PALM OIL OUTPUT FALLS IN MALAYSIA
Knight-Ridder Financial |
Malaysia's crude palm oil output in October totaled 485,500 metric tons, down 66,610 from the revise
Maritime
BRAZILIAN LEGISLATORS VOW TO FIGHT DEBT SWAP PLAN
James Bruce |
Brazil's top executive economic policy group finally approved rules for converting part of the count
DRUG DISCOVERIES OF THE FUTURE TO FOCUS ON SPECIFIC MOLECULES
Journal of Commerce Staff |
Future drug discoveries will target specific molecules in the body rather than affecting many body s
CHINESE SEEK SHARE OF US BIKE MART
Noel Fletcher |
A new trading company here hopes to boost profits by getting its bicycles on U.S. asphalt. C
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Belgian Retailer to Buy J.C. Penney SubsidiaryBRUSSELS, Belgium - Belgium's largest retailer
Transport, Trade and Regulation News
OPERATING, LOSS RECORDS INFLUENCE HULL UNDERWRITING
Ruth Shereff |
A long-term slump in deep-sea shipping has created an atmosphere of moral hazard,insurers say, where
Maritime
TRANSPORT CALENDAR
JOC Staff |
National Industrial Transportation League, 80th annual meeting, Nov., 17-20, The Galt House, Commonw
Trucking News
GE GETS DEVELOPMENT GRANT FOR COAL-FIRED LOCOMOTIVE
(Ap) |
The U.S. Department of Energy awarded a $17 million research grant to General Electric Corp. to deve
EC DELAYS MEAT BAN FOR 1 YEAR
Bruce Barnard |
European Community farm ministers Wednesday agreed to delay a ban on hormone- produced beef, thus te
CHINA MAY BE NEXT BATTLEGROUND IN ONGOING US-JAPAN TRADE BOUT
John Kelley |
China will probably be the next battleground between Japanese and U.S. companies, with electronics a
THE ECONOMY HOUSING STARTS DECLINE SHARPLY
(Ap) |
Housing starts fell 8.2 percent in October, the biggest decline in more than three years, in what ma
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
CIGNA WITHDRAWS FROM SOUTH AFRICA
(Ap) |
Cigna Corp., the large Philadelphia-based insurance company, said Monday it has sold its South Afric
US BREWERS MAY CRACK ICELAND MART
(Ap) |
U.S. beer companies may have a crack at a new market if, as expected, Iceland lifts its 55-year-old
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1155.5 (Nov. 18) Previous day - 1154.0 The Baltic International Freight Futures Exchange in
Maritime
SOUTH KOREA SCRAMBLES TO KEEP PACE WITH TRANSPORT DEMAND
John Kelley |
South Korea is one of the world's most densely populated countries and demands on its transportation
Maritime
GALVESTON STRIKE FREE TO CONTINUE
Howard S. Abramson |
A federal judge in Texas Wednesday asserted jurisdiction over the strike against the Galveston Wharv
Maritime
OMAN TO MAINTAIN LOW OUTPUT IN SUPPORT OF OPEC PRICE
(Ap) |
Omani Oil Minister Said Ahmed al-Shanfari was quoted Wednesday as saying Oman will maintain a reduce
TOKYO MOVE TO BLOCK US BUILDERS DRAWS FIRE US INDUSTRY, WASHINGTON REACTS WITH ANGER
A.E. Cullison |
U.S. construction executives reacted with outrage upon learning that Japan's new administration appa
BUDGET PACT MAY SPUR GROUP OF SEVEN MEETING
A.E. Cullison |
The Group of Seven industrialized nations may meet soon after announcement of a plan to cut the U.S.
TRACK RECORD NETS DEAL FOR PENSKE WITH GM UNIT
Michael S. Lelyveld |
General Motors Corp. took a look at Roger Penske's track record and decided he had a better idea.
Trucking News
EDI SUPPLIERS GEARING UP FOR CONVENTION
Tony Seideman |
Providers of electronic data interchange (EDI) software have begun firing preliminary marketing salv
Trucking News
NATIONAL CONTROL OF JAL ENDS AFTER 34 YEARS
A.E. Cullison |
Japan Air Lines, the country's largest international carrier, became fully privatized Wednesday afte
Air Cargo
FUEL OIL PRICES UP IN NEW YORK
Journal of Commerce Staff |
Statewide and regional average heating oil prices recorded their smallest increases since early Octo
CROWN CENTRAL PUT ON CREDITWATCH
Journal of Commerce Staff |
Crown Central Petroleum Corp.'s $76 million of single B-minus rated convertible preferred stock has
US OUTPUT ESTIMATES FOR SUGAR CONFOUND QUOTA WATCHERS
Sue Kirchhoff |
The U.S. Department of Agriculture's unexpectedly high estimates of 1987 domestic sugar production a
Maritime
PLASTICS CORNER GE UNIT TARGETS HIGH PERFORMANCE
Journal of Commerce Staff |
GE Plastics has targeted polymer applications requiring thermal performance over 200 degrees Celsius
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHINA TELLS JAPAN: MEET COMMITMENTS ON TOSHIBA PACTS
Noel Fletcher |
China is stepping up pressure on Japan over the Japanese government's suspension of machinery and eq
COMMENTS ON BUDGET PUSH DOLLAR DOWN AGAIN
Knight-Ridder Financial |
The U.S. dollar declined in moderate trading Wednesday, reflecting negative comments on the budget-c
WILMINGTON PORT FINDS UNEXPECTED BENEFITS IN SISTER CITY PACT
Craig Dunlap |
It was intended primarily as a cultural and educational exchange program based in part on the flower
Maritime
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