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EC-CANADIAN TALKS FOCUS ON BILATERAL TRADE RELATIONS
Bruce Barnard |
The European Community and Canada Monday began two days of talks covering strained bilateral trade r
INSURERS LEARN OF COSTLY WAY TO LEAVE MASS.
TOM McNIFF Jr. |
Any insurer that tries to buy its way out of Massachusetts' troubled auto insurance market should ta
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
Trucking News
LIGHT-DUTY TRUCKS HAUL IN BIG PROFITS FOR AUTOMAKERS
Michael S. Lelyveld |
Trucks are no longer the ugly ducklings of Detroit. Automakers who have seen their passenger
Trucking News
TOWERS TURNS TO MEDIA WITH LATEST PROPOSAL
Gregory S. Johnson |
Towers Financial Corp. loosed another cannon in its continuing battle through the media to purchase
Air Cargo
EUROTUNNEL SHARE ISSUE PRICED AT $6.09 A UNIT
(Ap) |
Eurotunnel, the Anglo-French consortium digging a tunnel under the English Channel, Monday set a pri
Rail News
JAPANESE SHOPPING IN SILICON VALLEY
John Schneidawind |
The drop in the dollar against the yen has whetted Japan's appetite for American high-tech companies
Maritime
INDUSTRIAL OUTPUT RISES SHARPLY
From Wire and Staff Reports |
Output at the nation's factories, mines and utilities shot up 0.6 percent in October, the biggest in
NEWS SUMMARY
JOC Staff |
AVIATION British Caledonian Airways will still seek a partnership with a foreign airline if
MEXICAN BUDGET PAINTS ROSIER ECONOMIC PICTURE
WILLIAM A. ORME Jr. |
Mexico's 1988 federal budget, submitted formally to congressional review this week, projects a downt
EC BEGINS INVESTIGATION OF HYUNDAI SHIP RATES SERVICES ALLEGEDLY PRICED 'BELOW COST'
Bruce Barnard |
The European Community Commission is moving against South Korea's Hyundai Merchant Marine in the com
RAIL UNIONS RAISE STAKES OVER SANTA FE BRANCH SALE
Howard S. Abramson |
Railroad labor's decision to strike the Atchison, Topeka and Santa Fe Railway is clear proof that th
A DIVIDED BRAZIL AWAITS US LIST OF PRODUCTS SUBJECT TO SANCTIONS
James Bruce |
Brazilian exporters nervously awaited the list of products on which the United States will impose pu
IRANIAN OIL FLOOD HASN'T CRESTED YET
(Ap) |
The Middle East Economic Survey, a respected oil industry weekly reported Monday that a buildup of 2
HUBCO EXPLORATION REPORTS DISCOVERY
Journal of Commerce Staff |
Hubco Exploration Inc. made a field extension discovery in the Lake Fortuna field, St. Bernard Paris
CHEMICAL EARNINGS SEQUA DOUBLED 3RD QUARTER NET
Wire and Staff Reports |
Sequa Corp., formerly Sun Chemical Corp., reported third-quarter net income of $16.9 million, or $1.
APPROVAL OF GENENTECH'S 'CLOTBUSTER' A BRIGHT SIGN FOR BIOTECH COMPANIES
John Davies |
Genentech Inc.'s bright future, illuminated by Friday's federal approval for tissue plasminogen acti
INSURANCE BRIEFS
From Wire and Staff Reports |
New Lloyd's of London Broking Group FormedA new insurance broking group that will have stron
OCEAN SHIPPING BOOMS IN TAIWAN
JAMES McGREGOR |
The ocean shipping business here has been booming this year as U.S. buyers rush to beat price hikes
Maritime
CANADIAN PACIFIC REPORTS IMPROVED RESULTS
Leo Ryan |
Good performance from rail, shipping and trucking operations contributed to improved results for Can
Rail News
EXPORT BRIEFS
Wire and Staff Reports |
Thermo Process Unit Wins Soviet OrderWALTHAM, Mass. - Thermo Process Systems Inc. announced
Maritime
WORLD MONEY FRONT DOLLAR RISES AND SKIDS WITH FOCUS ON BUDGET
Knight-Ridder Financial |
The U.S. dollar rose sharply early Monday, but skidded off its session highs on market disappointmen
NY FUTURES MARTS SEEK CLOUT, NEW PITS
Chicago Tribune |
At the New York Mercantile Exchange, the trading pits really are the pits. Nymex Chairman Wi
ON THE MOVE
Journal of Commerce Staff Report |
CF AirFreight Names Teraoka VP, SalesPALO ALTO, Calif. - Thomas A. Teraoka was named vice pr
BUDGET NEGOTIATORS SAY LITTLE PROGRESS MADE
Journal of Commerce Staff |
Budget negotiators came out of their Monday morning session with grim faces and few words of encoura
WORLD TODAY
Wire and Staff Reports |
Japanese Ambassador Meets With YeutterU.S. Trade Representative Clayton Yeutter met with Jap
SPOT PRODUCT PRICES
JOC Staff |
November 16, 1987 U.S. spot oil products price indications, sellers range, in cents per gall
CYPRUS MINERALS SEEKS $1.07 BILLION FROM LTV
John Maggs |
Cyprus Minerals Co., Englewood, Colo., is seeking $1.07 billion from LTV Steel Co. Inc. for breach o
REAGAN PURSUES CURRENCY STABILITY
Journal of Commerce Staff Report |
President Reagan said Monday he would seek to quell turbulent currency markets through economic coor
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
YULE BUYING MAY REVEAL THE EXTENT OF STOCK CRASH BLOW TO CONFIDENCE
Chicago Tribune |
One of the big unknowns in the wake of the October massacre in the stock market is the impact on con
TACOMA EXPANSION ON
Gloria Joseph |
More than half of the port of Tacoma's 1988 capital improvement budget will be spent on building a n
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1155.5 (Nov. 16) Previous day - 1163.5 The Baltic International Freight Futures Exchange in
Maritime
FINLAND MAPS PLANS TO SAVE FLEET
Marion Cotter |
Finland's maritime industries are fighting to contain costs and boost productivity in a bid to incre
Maritime
GOVERNMENT IS REFIGURING AIDS INFECTION STATISTICS
Leah R. Young |
James O. Mason, M.D., director of the Centers For Disease Control said Monday that the federal gover
SUPREME COURT UPHOLDS CONVICTION OF REPORTER
Leah R. Young |
The Supreme Court Monday upheld the convictions of Wall Street Journal reporter R. Foster Winans and
TAIWAN'S PORT OF KAOHSIUNG COULD TOP HONG KONG IN '87
JAMES McGREGOR |
The face of this harbor is changing quickly. The waterfront is cluttered with construction projects,
EGYPT TO CUT CRUDE EXPORT PRICES BY $1
(Ap) |
Egypt has decided to reduce export prices for all blends of crude oil by $1 a barrel in the second h
AGENCY'S PROPOSAL DRAWS HEAVY FIRE
Robert F. Morison |
The Maritime Administration's proposal to ease its policy prohibiting non- citizens from chartering
Maritime
CHARTERS BY SOVIETS REPORTED ON INCREASE
Knight-Ridder Financial |
Soviet ship chartering activity has increased in line with recent wheat purchases from the United St
Maritime
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