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MISSILE HITS KUWAITI TERMINAL
JOC Staff |
An Iranian Silkworm missile hit Kuwait's offshore supertanker oil terminal Thursday, setting it afir
Maritime
GULF CONFLICT A BOON FOR DHOW BUILDERS
Chicago Tribune |
Under the hot sun, Kish and Khan build their dhows on the sand with teakwoodfrom Malaba in I
Maritime
MARITIME CALENDAR
JOC Staff |
Pacific Coast Council of Customs Brokers & Forwarders Associations. Annual convention and western ca
Maritime
CRASH COULD HURT EARNINGS FOR SOME TRUCKING FIRMS
Leo Abruzzese |
Reduced consumer spending tied to this week's stock market crash could depress earnings for some tru
Trucking News
ALLWASTE TO BUY CLEANING FIRM STOCK
Journal of Commerce Special |
Allwaste Inc. has agreed to acquire all the stock and ongoing business of a tank-trailer cleaning co
Trucking News
TNT UK CHALLENGES BRITISH POST OFFICE WITH NEXT-DAY SERVICE
Edwin Unsworth |
TNT U.K., the British arm of the Australian-based transport group, has issued a major challenge to t
Trucking News
CAROLINA STOCK TRADE HALTED IN NY
Journal of Commerce Special |
Trading on Carolina Freight Corp.'s common stock was halted on the New York Stock Exchange at 1:11 p
Trucking News
RENAULT TO INCREASE STAKE IN MACK TRUCKS
Journal of Commerce Staff |
Mack Truck Inc.'s French connection is stronger than ever, with Renault Vehicules Industriels S.A. (
Trucking News
MAXITRON'S CREDITORS FILE BANKRUPTCY SUIT
Leo Abruzzese |
Creditors of Maxitron & Co., owners of P-I-E Nationwide Inc., said they filed an involuntary bankrup
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
Oct. 22 Baltic International Freight Futures Exchangeprev.Close High Low
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1136.0 (Oct. 22) Previous day - 1123.5 The Baltic International Freight Futures Exchange in
Maritime
CONGRESS GETS REAGAN BILL ON SHIP SUBSIDY REFORM
Robert F. Morison |
The Reagan administration has sent Congress legislation to implement its earlier proposals for revis
Maritime
OUSTED PHILA. PORT CHIEF SLAMS POLITICS
Journal of Commerce Staff |
The Delaware River seaport industry has been a "political football" for too long, says a former port
Maritime
MANY TRANSPORT COMPANIES WITH ONE GOAL
Bruce Barnard |
World Freight 3, a four-day exhibition and conference spanning transport on land, sea and air, has b
Maritime
STEVEDORE'S BOOKKEEPING UNDER PROBE
Journal of Commerce Staff |
Waterfront authorities are questioning a Newark stevedoring company about $199,231 in checks the com
Maritime
SAN FRANCISCO MAYOR CRITICIZES ELIMINATION OF HOMEPORT FUNDING
(Ap) |
Mayor Dianne Feinstein chided Congress for its temporary scuttling of plans to base the USS Missouri
Maritime
MARAD RELEASES PART 2 OF STUDY ON CARRIER NEEDS
Journal of Commerce Staff |
The second part of a study for the Maritime Administration on navigation and communications requirem
Maritime
PANELS APPROVE FISHERMEN COVER
Leah R. Young |
In a bid to lure insurers back into the market for fishing vessel coverage, three subcommittees of t
Maritime
CHINESE SERVICE TARGETS TAIWANESE
(Ap) |
The Chinese port city of Ningbo soon will begin a passenger service from Hong Kong catering to peopl
Maritime
ALUMINUM SMELTER STILL CLOSED IN SURINAME
Canute James |
The Suriname Aluminum Co. said its smelter in the South American nation, shut down in February, will
Maritime
CALIFORNIA'S GOVERNOR VOWS TO FIGHT PROTECTIONISM
John Davies |
California's governor says he will fight protectionism that could endanger the 1 million California
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Hyundai Gets Contract To Supply TransformersSEOUL, South Korea - South Korea's Hyundai Corp.
Transport, Trade and Regulation News
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
US MAY BOOST DUTY ON IMPORTED PORK
(Ap) |
A special assessment of 2 to 3 cents on every 100 pounds of imported pork and pork products has been
Maritime
STEEL BENEFITS BILL GAINS BIPARTISIAN SUPPORT
Leah R. Young |
Sen. John Heinz, R-Pa., has won bipartisan support and the promise of a fast track for legislation t
SATELLITE INSURANCE MART REOPENS
Russ Banham |
With the devastating loss of the Space Shuttle Challenger last year, the burgeoning satellite insura
ICC ORDERS FURTHER INVESTIGATION OF BURLINGTON NORTHERN LINE SALE
Howard S. Abramson |
The Interstate Commerce Commission Thursday ordered a further investigation into the $140 million sa
P/C SURPLUSES FALL $10 BILLION
From Wire and Staff Reports |
Property/casualty policyholder surpluses fell an estimated $10 billion since July, said Daniel J. Mc
PAULA GREEN'S INSIDE TALK ON INSURANCE
Paula Green |
CONTINENTAL CORP., The Travelers, Kemper Group and Marsh & McLennan Cos. were among the major insure
INSURERS HIKE CARGO RATES FOR KUWAIT
Edwin Unsworth |
The London-based War Risk Rating Committee has increased its insurance rate for cargoes to and from
STOCK MARKET MOVES SEEN STABILIZING RATES
Laura Raley Borda |
Recent stock market fluctuations will help stabilize the softening insurance market, said Maurice R.
PRIME RATE CUT FAILS TO CURTAIL ANOTHER PLUNGE IN STOCK PRICES
Gordon Platt |
Stock prices tumbled again Thursday despite a cut in the prime rate. Massive selling orders
L'AMBIANCE CONTRACTORS FACE $5.11 MILLION FINE
JOC Staff |
The government imposed a record $5.11 million fine against contractors Thursday in the April collaps
INSURANCE BRIEFS
From Wire and Staff Reports |
Calif.'s Blue Shield Won't Cancel CoverBlue Shield of California has decided not to cancel g
SHIP LINES PONDER IMPACT OF MAERSK MOVE
Rose A. Horowitz |
No one in the shipping industry knows what scenario will prevail when Maersk Line enters the trans-A
KNIGHT-RIDDER HIKES PROFIT IN QUARTER
Journal of Commerce Staff |
Knight-Ridder Inc. earned $33.4 million, or 57 cents a share, in the third quarter, vs. $31.48 milli
CHILI COOK-OFF BREWS UP SOME HOT COMPETITION
Mark Magnier |
Why would 75 people come out in the pouring rain on a recent Sunday without pay, some from hundreds
FASTER CARGO VESSELS CALLED POSSIBLE BY '99
Janet Porter |
Customer demand may lead shipowners to build ships with speeds of up to 30 knots by the end of the c
WORKERS STILL LEAVING UNIONS, BUT RATE SLOWS
(Ap) |
Despite the rapid expansion of the U.S. labor force, unions are continuing to lose members but at a
AUSTRALIAN PRIME MINISTER SEEKS CEASE-FIRE IN FARM SUBSIDY WAR
Frances Williams |
Australian Prime minister Robert Hawke has launched a radical plan for an immediate cease-fire in th
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