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WITCO DIVISION RAISES PRICES ON POLYESTERS
JOC Staff |
The Organics Division of Witco Corp. announced a price increase of 8 cents a pound on all Fomrez and
CURRENCY TRANSACTIONS FACE TAX UNCERTAINTY
Journal of Commerce Staff |
The new U.S. tax reform laws were intended to clarify taxation of foreign currency transactions, but
PPG, INDAL FORM JOINT VENTURE
From of Commerce Staff |
PPG Canada Inc. and Indal Ltd. will form a joint venture to produce energy- conserving coated glass
A-P-A REPORTS DROP IN OPERATING INCOME
Leo Abruzzese |
A-P-A Transport Corp.'s first quarter operating income plunged more than 60 percent from a year earl
Trucking News
COURT RULES LIQUOR STORE LIABLE IN UNDERAGE DRINKING ACCIDENT
(Ap) |
Liquor sellers in New York can be sued for damages in cases where the alcohol they supplied to under
EC MINISTERS READY TO FACE OILS TAX ISSUE
Bruce Barnard |
European Community farm ministers face two days of tough talks here likely to be dominated by haggli
Maritime
JAPANESE SEE UPTURN IN BUSINESS
(Ap) |
Japanese companies expect business to improve soon, according to surveys released by the Bank of Ja
Maritime
LOYALTY CONTRACT RULING DRAWS LITTLE REACTION
Robert F. Morison |
The Justice Department's laying down of terms for an acceptable, shipper- tying loyalty contract" at
Maritime
REFLAGGING BATTLE GOES INTERNATIONAL
Chris Dupin |
The battle between seafaring labor unions and the Reagan adminis tration over the reflagging of 11 K
Maritime
ANERA SETS CURRENCY FEE
Maureen Robb |
A second U.S. rate-making group has announced a currency surcharge on Taiwan- related cargo.
Maritime
DRIVERS PREFER FORD SEAT BELTS
(Ap) |
General Motor Corp.'s automatic seat belt system is being used as a manual system by most drivers wh
INSURANCE BRIEFS
From Wire and Staff Reports |
Retarded Boy's Parents Sue Vaccine MakerNEW HAVEN, Conn. - The parents of a severely retarde
BONDS SURGE AS DOLLAR ADVANCES
Knight-ridder Financial |
U.S. Treasury bond prices surged Friday in hectic dealer-driven trading that followed the dollar's s
BUNDESBANK MAY LOSE AUTONOMY
Erich Toll |
The Bundesbank, West Germany's central bank, may lose some of its autonomy as a result of the Venice
STANDARD OIL LOOKS BEFORE LEAPING INTO CHEMICALS
Charles Thurston |
Standard Oil Co.'s expansion into the specialty chemicals area will measure market potential careful
TRAFFIC REPORT
From Wire and Staff Reports |
Southwest Airlines Co., including its wholly owned subsidiary, TranStar Airlines, flew 746.2 million
FREIGHT RATE FUTURES
JOC Staff |
June 12 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
SPOT PRODUCT PRICES
JOC Staff |
June 12, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
NORTH SEA PRICES SETTLE AT $18 FLOOR
Bruce Barnard |
North Sea oil prices remained firm in moderate trading on the European spot market last week.
SOLAR ENERGY IN NJ FACES A CLOUDY FUTURE
(Ap) |
The use of solar energy to heat homes and water in New Jersey has been eclipsed by low oil and natur
POWER PLANT COMPLETED
(Ap) |
Unemployment lines are growing long and businesses are feeling the pinch of a boom gone bust in Mill
JAPAN'S COMPANIES SEE UPTURN IN BUSINESS
(Ap) |
Japanese companies expect business to improve soon, according to surveys released by the Bank of Ja
Maritime
SIU BACKS 3-YEAR CONTRACT
Chris Dupin |
Members of the Seafarers International Union are voting overwhelmingly to support a new three-year c
Maritime
NEW ORLEANS ILA LOCAL REBELS
Marie Prat |
A rebellion in a freight handlers union could threaten the success of the port of New Orleans' plan
Maritime
BLOSSOM WINS TVA CONTRACT
Tim Sansbury |
Blossom Coal Co. won a contract to deliver 27,000 tons of steam coal to the Tennessee Valley Authori
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Inflation eased in May as wholesale prices increased just 0.3 percent. Page 3AY
FEDERAL RESERVE READY TO BACK UP US NEEDS
John Boyd |
Despite moves toward more global economic policy coordination, the Federal Reserve stands ready to d
USL ASKS TO SELL ECONSHIPS SALE TO DAEWOO WOULD PUT SHIPS BACK IN SERVICE
Robert F. Morison |
United States Lines Inc. asked the Maritime Administration for permission to sell its 12 Econships b
CANADA BRINGS UP PLAN TO OPEN WATER TRADES
Robert F. Morison |
The Canadian proposal to open both the U.S. and Canadian domestic water trades to the vessels of eac
Maritime
UK UTILITY MAY BUY CHINA COAL
Bruce Barnard |
The Central Electricity Generating Board (CEGB), the country's biggest coal consumer, is expected to
CHERNOBYL HELPS SALES AT HEINZ
(Ap) |
H.J. Heinz Co. said sales of its packaged baby foods increased significantly in Italy as mothers shu
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
1987 Pan American Economic Leadership Conference. Invitational conference. June 15-16, House Chamber
Maritime
AUTOMATION PRIORITIES LISTED
JOC Staff |
The National Customs Brokers & Forwarders Association of America Inc. this month sent U.S. Customs C
Maritime
BROKERS FEEL NEGLECTED IN CUSTOMS AUTOMATION
Bill Mongelluzzo |
U.S. customs brokers are complaining of neglect as the Customs Service continues to push importers,
SHIP SWINDLERS GETTING BOLDER
Janet Porter |
A few shipowners are becoming more audacious in their attempts to swindle insurance companies, accor
Maritime
COST OF CREDIT
JOC Staff |
Fri., June 12, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
LEO ABRUZZESE'S INSIDE TALK ON TRANSPORTATION
Leo Abruzzese |
TRUCKING INDUSTRY PRICING EXPERTS don't yet have a clear idea how many carriers will reject the prop
Trucking News
ANALYST PESSIMISTIC ON TOXIC TORT ISSUE
Leah R. Young |
There is a danger that government will try to step in to deal with the lack of insurance against tox
ENERGY BRIEFS
From Wire and Staff Reports |
Getty Reports Earnings IncreasePLAINVIEW, N.Y. - Getty Petroleum Corp. Friday reported reven
WEST COAST BRIEFS
Wire and Staff Reports |
USW Seeks to Block Kaiser Steel ActionCOMPTON, Calif. - The United Steelworkers of America f
Maritime
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