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CHICAGO MERC MAY VOLUME SET RECORD
Journal of Commerce Special |
The Chicago Mercantile Exchange had record trading volume of 7,548,073 futures and options contracts
GREECE ACTS TO IMPROVE ITS BUSINESS CLIMATE
Victor Walker |
Greece's Socialist government is preparing early for next January, when it says austerity will give
Maritime
MIDWEST BANKERS REPORT FARMERS IMPROVING LOAN REPAYMENT RATES
(Ap) |
Bankers in the Midwest say farmers are doing a better job of repaying their loans, an analyst for th
EUROPEAN MARKETS SHOCKED BY NEWS
Janet Porter |
News of Paul Volcker's imminent departure from the Federal Reserve Board sent shockwaves through Eur
UNION PACIFIC CREATES COMPUTER UNIT
Kevin D. Thompson |
Union Pacific Corp. recently created an operating arm to develop and market its computer software an
Rail News
UNION PACIFIC AGREES TO GRANT TRACKAGE RIGHTS
David M. Cawthorne |
Union Pacific Corp. agreed to grant some trackage rights requests filed by competing carriers in an
Rail News
SHULTZ SAYS US NEEDS AID IN GULF
Erich E. Toll |
The allies of the United States must share the burden of keeping shipping lanes in the Persian Gulf
Maritime
AFRICAN STATES' SHIP GOALS STIR CONCERN
Philip Hastings |
Shippers and forwarders doing business in Africa are becoming increasingly alarmed over an upsurge i
Maritime
MANAGING BENEFITS & HEALTH CARE CHRONIC ILLNESS COSTS EYED
From Wire and Staff Reports |
A growing number of people in the United States are going without any health insurance at all, accor
MASS.-ISRAEL AGREEMENT TARGETS TRADE
TOM McNIFF Jr. |
A new trade pact with Israel could result in increased Massachusetts exports to both Israel and Euro
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS New home sales jumped 7.6 percent in April, the biggest increase in four months
Maritime
IMPORT FAIRS
Wire and Staff Reports |
Israel High-Tech Show Coming to New YorkISRATECH, Israel's leading high-technology trade sho
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Bank of Japan Chief Defends Rate InactionSatoshi Sumita, Bank of Japan governor, reiterated
Maritime
CHEMICAL MARKETS AIR PRODUCTS RAISES AMINE PRICES
Journal of Commerce Staff |
Air Products and Chemicals Inc. will increase list and off-list prices for selected specialty and hi
JAPANESE TARGET FOREIGN TRAVEL
A.E. Cullison |
The number of Japanese tourists annually traveling abroad will double over the next five years under
Maritime
BAKER PREDICTS PACT TO MONITOR WORLD ECONOMIES
Journal of Commerce Staff |
National leaders at the Venice economic summit next week will endorse new procedures for monitoring
GREENSPAN TO REPLACE PAUL VOLCKER AT FED LITTLE CHANGE EXPECTED IN POLICY
John Boyd |
Paul Volcker, a dominant force in U.S. and global economic policy for several years, is leaving his
JAPANESE READY TRUCK LINE NISSAN DIESEL SEES US SERVICE ECONOMY HARD TO RESIST
Michael S. Lelyveld |
The Japanese crystal ball seems to be working perfectly. The news of an expected move by Nis
CHINA CHARTS EXPANSION OF EASTERN RAIL NETWORK
P.T. Bangsberg |
Authorities in China plan to invest nearly US$2 billion on new railroad lines in the heavily populat
Rail News
CADILLAC AIR-BRIDGE A LUFTHANSA SUCCESS
Erich E. Toll |
Lufthansa is calling its innovative Cadillac air-bridge a success eight months after it started flyi
Air Cargo
BRITISH COLUMBIA STRIKE ENDS
Wire and Staff Reports |
A general strike by at least 250,000 union workers protesting a proposed labor reform law ended Tues
Maritime
IRAN THREATENS TO BLOCK GULF OIL SHIPMENTS
(Ap) |
An Iranian deputy foreign minister warned Tuesday that if his country could not export its oil, it w
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1047.0 (June 2) Previous day - 1069.5 The Baltic International Freight Futures Exchange in L
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
June 2 Baltic International Freight Futures ExchangePrev.Close High Low
Trucking News
INSURANCE BRIEFS
From Wire and Staff Reports |
Rosenkranz Subsidiary Agrees to Buy RelianceDresser Industries Inc. said it signed a definit
ENERGY BRIEFS
Wire and Staff Reports |
Tenngasco Delivers To New La. CustomerTenngasco Corp., a unit of Tenneco Inc., has begun del
HERRINGTON TO APPOINT CLEAN COAL ADVISORY BODY
Tim Sansbury |
The Reagan administration's approach to clean coal promotion has begun to resemble hockey's three-go
TRANSPORT WOES TO CUT OUTPUT OF CHINESE COAL
P.T. Bangsberg |
Coal production in China will dip this year, largely because of inadequate rail road transportation
VOLCKER SHOCK TUMBLES DOLLAR
Knight-Ridder Financial |
News that Federal Reserve Board Chairman Paul Volcker is retiring surprised and shocked the foreign
FINANCIAL BRIEFS
From Wire and Staff Reports |
Korea Electric Power To Sell Euroyen BondsSEOUL, South Korea - The Korea Electric Power Co.
PRESIDENTIAL'S PERFORMANCE SLIPS
Dave Higdon |
Presidential Airways Inc.'s financial and passenger figures continued to decline after one full mont
Air Cargo
BOEING TO PAY $275 MILLION FOR ARGOSYSTEMS
John Davies |
The Boeing Co. of Seattle will pay $275 million in cash to take over Argosystems Inc., a Silicon Val
Air Cargo
JAPAN'S MOVES SATISFY UK
(Ap) |
Britain, which has threatened to revoke the licenses of Japanese firms doing business in Britain unl
Maritime
HODEL GETS SOME SENATORIAL FLAK ON ALASKAN EXPLORATION BID
Keith M. Rockwell |
Interior Secretary Donald Hodel took the Reagan administration's case for oil exploration and develo
MARITIME BRIEFS
From Wire and Staff Reports |
Fleet-Defense Panel Turns Ear to ShippersThe Commission on Merchant Marine and Defense will
Maritime
JAPANESE CARRIERS URGED TO PROCEED WITH CARE
A.E. Cullison |
Japan's shipping companies currently stand at a major crossroads that, if the wrong moves are chosen
Maritime
PACCAR REJECTS MERGER OF LINES MANAGEMENT COMMITTED TO AUTONOMY OF PETERBILT, KENWORTH
Gloria Joseph |
In this age of consolidation, PACCAR Inc. decisively turns thumbs down to the notion of combining it
Trucking News
FED RULER GOES OUT AS A LEGEND
JOC Staff |
Paul A. Volcker's rule of the Federal Reserve Board has earned him legendary status. He is s
DUTCH INSURER POSTS PROFIT
Journal of Commerce Special |
Nationale-Nederlanden reported first quarter net profit rose 4.4 percent to 117 million guilders fro
MASS. HMO AD CAMPAIGN SPARKS SUIT
Journal of Commerce Special |
Blue Cross and Blue Shield of Massachusetts is charging Harvard Community Health Plan, the state's l
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