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MARITIME BRIEFS
JOC Staff |
Marad Suspends Rig War-Risk CoverThe Maritime Administration has authorized suspension of it
Maritime
TANKER WAR ENTERS DEADLY NEW PHASE
Bruce Barnard |
The tanker war in the Persian Gulf entered a deadly new phase Thursday after Iran slammed a Chinese-
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
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
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
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
STOCK MARKET MOVES SEEN STABILIZING RATES
Laura Raley Borda |
Recent stock market fluctuations will help stabilize the softening insurance market, said Maurice R.
INSURANCE BRIEFS
From Wire and Staff Reports |
Calif.'s Blue Shield Won't Cancel CoverBlue Shield of California has decided not to cancel g
HEAVY TRADING JAMS COMPUTERS ON THE PACIFIC STOCK EXCHANGE
John Davies |
Heavy trading volume overwhelmed the Pacific Stock Exchange's computerized order system for the seco
EXPORT BRIEFS
Wire and Staff Reports |
Sanraku of Tokyo Buys Markham VineyardsSANTA ROSA, Calif. - Sanraku of Tokyo, which recently
Maritime
TOUGH FOREIGN MARKETS PROMISING, PANEL SAYS
Mark Magnier |
Hard work, research, cultural sensitivity and quality manufacturing are the keys to U.S. export grow
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TRANSPORT EARNINGS
JOC Staff |
Piedmont Income Up in QuarterWINSTON-SALEM, N.C. - Piedmont Aviation Inc. reported third qua
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
All Nippon to Use NY Feeder ServiceAll Nippon Airways, Japan's largest domestic airline, beg
Air Cargo
RAIL BRIEFS
Wire and Staff Reports |
Conrail Brakeman Says Engineer Used DrugsA former Conrail brakeman told a grand jury that he
Rail News
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
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Hyundai Gets Contract To Supply TransformersSEOUL, South Korea - South Korea's Hyundai Corp.
Transport, Trade and Regulation News
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
ENERGY BRIEFS
Wire and Staff Reports |
Enron to Shut Down Oil Trade SubsidiaryEnron Corp. said that a group of employees broke comp
US CAR OUTPUT UP, TRUCKS DOWN
(Ap) |
U.S. automakers scheduled the assembly of 156,228 cars in domestic factories this week, Ward's Autom
WORMS, JOKELSON ESTABLISH NEW SHIP SERVICE COMPANY
Journal of Commerce Staff |
Worms Agencies Inc. and Jokelson Inc., both French-owned maritime service companies, are joining to
Maritime
NEW MART IN TOKYO: COMMERCIAL PAPER
Knight-Ridder Financial |
Tokyo bankers welcome the advent of Japan's commercial paper market at the end of this month, althou
BUYERS OF EQUITY-LINKED INSURANCE PRODUCTS PINCHED
Paula L. Green |
The stock market crunch is also squeezing the buyer of insurance products linked to the rise and fal
REAGAN SPEECH EXPECTED TO AFFECT MARKET CRISIS
John Boyd |
President Reagan's press conference was billed in advance by analysts as a high-stakes performance i
JAPAN TO BUY TWO BOEING 747S
Journal of Commerce Special |
The Japanese government has decided to buy two Boeing 747 jumbo jets to be used by government leade
Air Cargo
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
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
PAULA GREEN'S INSIDE TALK ON INSURANCE
Paula Green |
CONTINENTAL CORP., The Travelers, Kemper Group and Marsh & McLennan Cos. were among the major insure
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
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
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
ENERGY BRIEFS
Wire and Staff Reports |
NRC Staff Claims Rules Change Is LegalA proposed rules change that could enable the Nuclear
PLASTICS CORNER RESIN PRODUCTION UP IN AUGUST
Journal of Commerce Staff |
Production of plastics resins totaled 4.116 billion pounds in August, a 0.4 percent increase over Ju
CHINA WEIGHS ESTABLISHMENT OF FIFTH ZONE
P.T. Bangsberg |
A fifth special economic zone is under consideration by Chinese officials, who say they are determin
Maritime
EXPERT'S REMEDY FOR TRADE PROBLEM: SHOCK TREATMENT
Mark Magnier |
The United States needs a warning as dramatic as the Soviet launch of Sputnik to jar it into action
Maritime
PLEA ENTERED IN MISSILES CASE
(Ap) |
A man authorities said was negotiating on behalf of Chinese diplomats pleaded innocent this week to
Maritime
TREASURY DELAYS RELEASE OF YEARLY DEFICIT REPORT
(Ap) |
The report on the federal budget deficit for the just-concluded fiscal year is being delayed until n
AMTRADE PARTNERS FORMED
Journal of Commerce Staff |
American Express Bank Ltd. announced the formation of a new company, Amtrade Partners SA, Geneva, wh
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