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MARITIME BRIEFS
From Wire and Staff Reports |
Cans to Raise Funds To Save BattleshipLA PORTE, Texas - A three-month, statewide, aluminum c
Maritime
INVESTOR GROUP OFFERS TO BUY SPHERE DRAKE
Journal of Commerce Staff |
A group of investors has offered to buy Sphere Drake Insurance Group PLC and related subsidiaries fr
IT'S A HOME BUYER'S MARKET IN HOUSTON
Fawn Vrazo |
Drive south on Almeda Road, about eight miles from Houston, and you'll see a monument to impossible
INSURANCE CALENDAR
JOC Staff |
National Conference of Insurance Legislators will hold its second 1987 seminar Sept. 9-11 in Newport
LLOYD'S GULF LOSS PAY-OUT $1.65 BILLION SINCE 1980
(Ap) |
Lloyd's of London, the insurance market, said its member firms have paid out more than 1 billion (
ITALY PLANS TO SEND NAVY SHIPS TO GULF
(Ap) |
Reacting to an attack on an Italian merchant vessel in the Persian Gulf, the government said it plan
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Aegon Group Reducing Reinsurance ContractsTHE HAGUE, The Netherlands - Aegon insurance group
NEW SPEED LIMIT IMPACT UNEVEN
(Ap) |
Highway deaths are up in New Mexico but down in Wyoming since those states increased their speed lim
MOTOR CARRIERS SEE RED IN '87 EARNINGS COLUMN
Leo Abruzzese |
Motor carrier earnings in a major industry rate bureau hit an all-time low during the past year, tru
Trucking News
IRAN THREATENS TO CLOSE GULF
James Nolan |
Iran threatened last week to close the Strait of Hormuz in the escalating Iran-Iraq tanker war.<
Maritime
FOOD FIRMS TRY CHEMISTRY IN EFFORT TO SATISFY PUBLIC
(Ap) |
Beef comes from cattle. Bread comes from grain. And olestra comes from Cincinnati. Olestra i
PLASTICS CORNER
Journal of Commerce Staff |
Himont USA to Hike Polypropylene PricesWILMINGTON, Del. - Effective Oct. 1, 1987, Himont U.S
HOECHST CELANESE, SUMITOMO PLAN OPTICAL DISK PROJECT
Journal of Commerce Staff |
Hoechst Celanese and Sumitomo Chemical Co. announced they will jointly develop organic dye-based Wri
CHEMICAL MARKETS
Journal of Commerce Staff |
Alby-Olin Changes Sodium Chlorate PricesSTAMFORD, Conn. - Alby-Olin, a joint venture of Olin
CHEMICAL BRIEFS
Wire and Staff Reports |
Kodak Acquires Biotechnology FirmROCHESTER, N.Y. - Eastman Kodak Co. announced it has comple
UK UNVEILS POLICY TO REGAIN TOP ROLE IN GLOBAL SCIENCE
(Ap) |
The British discovered gravity, split the atom and brought the first test- tube baby into the world,
TRUCKING BRIEFS
From Wire and Staff Reports |
ATA Names French To New PositionAmerican Trucking Associations announced that Mark French wi
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
Sept. 4 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1063.5 (Sept. 4) Previous day - 1066.0 The Baltic International Freight Futures Exchange in
Maritime
FESCO LINES TO RESUME NORTH PACIFIC SERVICE
Mark Wilson |
A Soviet shipping line is to resume trans-Pacific service to Vancouver after an absence of two years
Maritime
MORE JAPANESE FIRMS FACE YEN BOND LOSSES
Cynthia Owens |
Following the near-bankruptcy of Tateho Chemical Industries Co. last weekbecause of yen bond
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DEBT LOAD MAY FORCE LIQUIDATION OF SCINDIA
Neel Patri |
There appears to be no end to the troubles of Scindia Steam Navigation Co., in heavy debt and in the
Maritime
UAW CLAIMS VICTORY IN DISPUTE WITH MACK
Michael S. Lelyveld |
The United Auto Workers declared a victory in its dispute with Mack Trucks Inc. as an arbitrator gav
Trucking News
ARGENTINA TRADES GRAIN FOR DREDGING
Knight-Ridder Financial |
Argentina has agreed to pay the Soviet Union in grain and oilseeds to dredge Argentina's Bahia Blanc
Maritime
CARRIERS SEEK AGENCY NOD ON ACCORD
Journal of Commerce Staff |
A new grouping of carriers is seeking Federal Maritime Commission permission for a new cooperative a
Maritime
PANAMA'S BANKS SUFFER WITHDRAWALS
JOC Staff |
Bank customers have transferred more than $1 billion from Panama to banks abroad since late June bec
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Chile Will Establish Offshore Mutual FundsSANTIAGO - Chile authorized the establishment of o
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
THE ECONOMY US ECONOMY GREW IN AUGUST, PURCHASING MANAGERS REPORT
Journal of Commerce Staff |
The U.S. economy continued to expand in August, the nation's purchasing managers said in a report re
US BANKS HIT HARDEST BY BRAZIL DEBT MOVE
James Bruce |
U.S. banks are being hit the hardest by Brazil's continuing moratorium on foreign debt interest paym
COST OF CREDIT
JOC Staff |
Fri., Sept. 4, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
STABLE BASIC COMMODITY PRICES SEEN
Journal of Commerce Staff |
Despite sharp increases in non-oil commodity prices this year, fundamental economic forces and curre
SOFTWARE PACKAGE ALLOWS AUTOMATED LEASING, RENTAL
Tony Seideman |
Truck leasing companies that need to have their computers talk to each other have a new tool.
Trucking News
TACOMA PORT LETS CONTRACT FOR TERMINAL
Journal of Commerce Staff |
An $18.6 million contract has been awarded by the port of Tacoma for construction of its new contain
Maritime
HYUNDAI LEAVES JACKSONVILLE
(Ap) |
Hyundai Motor Corp., following the lead of BMW, Saab and Peugeot, says it is moving its South Atlant
Maritime
FLOATING CRANES AVAILABLE TO BALTIMORE
Journal of Commerce Staff |
The Maryland Port Administration has signed an agreement making two heavy- lift floating derricks av
Maritime
RISING MEXICAN JOBLESSNESS THREATENS US, REPORT SAYS
Richard Lawrence |
Mexico's surplus labor may become a growing problem for both the United States and Mexico over the n
WEST GERMANS TOP TRAVELERS
(Ap) |
West Germans have become the world's No. 1 foreign travelers, lured abroad by cheaper tours and a s
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