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GRAIN STRIKE IN ARGENTINA SLOWS LOADING
Knight-Ridder Financial |
A strike this week by unionized personnel at the Argentine Nation al Grain Board disrupted vessel lo
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
GENZYME EXPANDS UK DRUG UNIT
Journal of Commerce Staff |
Genzyme Corp., a Boston-based biotechnology company, has announced a $6.5 million expansion of its B
AVIATION BRIEFS
Wire and Staff Reports |
Centel Information Gets Postal Service ContractThe U.S. Postal Service said Tuesday it has a
Air Cargo
BUFFALO OFFICE APPROVED FOR UPS
Journal of Commerce Staff |
Officials have cleared the way for United Parcel Service to build a regional sorting office in Buffa
Air Cargo
STOCK PRICES RISE SHARPLY
Gordon Platt |
Stock prices rose sharply Tuesday as the dollar climbed above 150 Japanese yen on congressional test
DOLLAR RISES ON NORTH TESTIMONY
Knight-Ridder Financial |
The U.S. dollar rose against major foreign currencies Tuesday, particularly against the Japanese yen
DUTCH CONSIDER BASKET TRADES OF US STOCKS
Kevin Commins |
In what would be a first in the world equity markets, the European Options Exchange in Amsterdam is
FINANCIAL BRIEFS
From Wire and Staff Reports |
Austria's Laenderbank Upgrades NY OfficeNEW YORK - Oesterreichische Laenderbank, Austria's s
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
UNITED EYES CARGO OUTLOOK
Andrea Chancellor |
United Airlines said it's unclear how a major restructuring announced by parent Allegis Corp. will a
Air Cargo
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Staff |
Tue., July 7, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
FED'S POLICY COMMITTEE SEEN LIKELY TO STAND PAT
Edward Kean |
With Federal Reserve Board Chairman Paul Volcker's term drawing to a close, the Fed's policy-setting
SWEDEN PLANS CENTER FOR BIOTECH RESEARCH
Journal of Commerce Staff |
A new Swedish center for biotechnological research will be built adjacent to the Huddinge Hospital n
SHORT BROTHERS REOPENS BUT 1,000 STAY OFF JOB
(Ap) |
Aircraft maker Short Brothers Ltd. reopened Monday but about 1,000 workers stayed away to protest a
Air Cargo
THATCHER VICTORY FAILS TO INSPIRE UK MARTS
(Ap) |
The champagne celebrations that broke out in London's financial district when Conservative Prime Min
D.J. HAUGHTON DIES AT 75
(Ap) |
Former Lockheed Corp. Chairman Daniel J. Haughton has died of complicationsfrom heart and ga
Air Cargo
PLASTICS CORNER ANALYSTS EXPECT BOOM IN BARRIER FILM MART
Journal of Commerce Staff |
Dramatic growth is forecast for high-performance barrier films in the European food industry, where
DIOXIN LEVELS UP AT MOUTH OF NIAGARA
(Ap) |
The most dangerous form of dioxin has accumulated in the sandy delta of the Niagara River in concent
HONG KONG INCREASES ROLE AS COURIER HUB
Philip Hastings |
A new trade association for couriers just being set up in Hong Kong highlights the territory's growi
Air Cargo
CHEMICAL MARKETS PETROCHEMICAL PRICES SHOWED STRENGTH IN JUNE
Journal of Commerce Staff |
NEW YORK Prices for large volume petrochemicals in the United States remained strong in June, althou
MCARTOR FOCUSES ON SAFETY
Dave Higdon |
The Reagan administration's nominee to head the Federal Aviation Administration promised at his conf
Air Cargo
AGENT IS KEY TO KLM'S DOORSPEED SERVICE
Richard Malkin |
The Dutch, who have a universal reputation for commercial astuteness and sev eral centuries of trade
Air Cargo
WALLACE NAMED TODD YARDS CHIEF
Journal of Commerce Staff |
Todd Shipyards Corp. said Hans K. Schaefer resigned as chairman, chief executive and director. David
Maritime
CIRCLE EXPRESS MULLS PURCHASE OF TRI-STATE
Leo Abruzzese |
Circle Express Inc. would become a major player in the truckload transportation field if it succeeds
Trucking News
SOVIETS HAVE 5 WARSHIPS IN GULF AREA
(Ap) |
A Foreign Ministry spokesman disclosed that the Soviet Union has five warships in the gulf region, b
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 7 Baltic International Freight Futures ExchangePrev.Close High Low
Trucking News
ARISTECH TO SELL PLANT IN TEXAS
Journal of Commerce Staff |
Aristech Chemical Corp. announced Tuesday that it has received and nominally accepted a proposal for
STEAMSHIP LINE OPENS NEW OFFICE
Journal of Commerce Staff |
Biehl & Co., the steamship agency and broker, has opened an office in Freeport, Texas. Mark
Maritime
DOT AWAITS PERU POLICY TRANSLATION
Journal of Commerce Staff |
The Department of Transportation has received Peru's new ocean shipping regulations and is in the pr
Maritime
IRAQIS HIT CYPRIOT TANKER
(Ap) |
Iraqi warplanes fired two heat-seeking Exocet missiles at a Cypriot tanker ferrying Iranian crude oi
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
911.0 (July 7) Previous day - 893.0 The Baltic International Freight Futures Exchange in Lon
Trucking News
THE ECONOMY RAPID SERVICE SECTOR GROWTH RESHAPES CITIES THROUGHOUT US
Journal of Commerce Staff |
The rapid growth of service industries is changing the face of many U.S. cities, a report released b
CONTINENTAL IS TENTH TO JOIN ASSOCIATION
C.A. Carpenter |
The American Slip is making way for a new underwriting member as part of a goal to reduce its depend
TRUCKERS BATTLE REAL ESTATE
Michael S. Lelyveld |
A tug of war on the waterfront between port and real estate interests is straining one of New Englan
Maritime
MASSPORT HOPES TO NEGOTIATE FEE
TOM MCNIFF, Jr. |
The Massachusetts Port Authority will try negotiations before considering a complaint to the Federal
Maritime
AIRPORT NOISE STUDY SOUGHT
(Ap) |
The Port Authority of New York and New Jersey should conduct a study assessing the problem of increa
Trucking News
ON THE MOVE CLYDE JACOBS TO HEAD FEDNAV UNIT
Staff Report |
Fednav Ltd., Montreal, appointed Clyde Jacobs, a former U.S. merchant seaman, president of Pacific C
VPA SEEKS PROPOSALS FOR CONTAINER AREA
Rocky L. Rinker |
The Virginia Port Authority is calling for proposals to upgrade a trailer and chassis parking area a
Maritime
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