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TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Crown Zellerbach Sets Move Across the BayOne of the city's oldest companies, Crown Zellerbac
Maritime
CHINA PLANS LOW-INTEREST MORTGAGES
(Ap) |
Reforms to allow the first low-interest mortgages in China to encourage people to buy their own home
Maritime
MANAGING BENEFITS & HEALTH CARE METLIFE ENTERS NY-NJ ARENA
From Wire and Staff Reports |
MetLife HealthCare Network, part of the Metropolitan Life Insurance Co., has taken the first step in
NY UNIT QUERIES TUNNEL'S SAFETY
(Ap) |
The Urban Mass Transportation Administration raised questions about the safety of the ventilation sy
FMC REFERS TARIFF ISSUE TO CONGRESS
Robert F. Morison |
The Federal Maritime Commission gave up a two-year effort to clarify tariff- filing issues involving
Maritime
FRENCH COMPANY TO CLOSE MINES
Howard Schissel |
France's state-controlled coal company, Charbonnages de France, is accelerating a plan to close down
EARNINGS FALL FLAT FOR NOVO
Journal of Commerce Staff |
Novo Industri A/S, based in Bagsvaerd, Denmark, reported flat first quarter net income of 122 millio
BOEING: LOAN TO UAL CEMENTED JET DEAL
Gloria Joseph |
Boeing officials say the only way it could sell 36 jetliners for $2.1 billion to its largest custome
MEXICANS CHALLENGE CONTROL OF PORTS
WILLIAM A. ORME Jr. |
Business groups are being rebuffed in their quest for private managementof Mexico's ports, but the d
Maritime
EARLY MAY SALES OF US CARS FELL 28.5 PERCENT FROM '86
(Ap) |
Early May sales of domestic cars fell 28.5 percent from the same period a year ago, while combined s
WHY US BANKING LAWS ARE IN NEED OF REFORM
William Armbruster |
U.S. financial institutions will have a hard time competing in the global capital market unless this
JAPANESE SALES TAX PLAN SCRAPPED
(Ap) |
A sales tax plan blamed for local election setbacks to Prime Minister Yasuhiro Nakasone's ruling par
Maritime
PETROLEUM HEAT REPORTS HIGHER NET
Journal of Commerce Staff |
Petroleum Heat and Power Co. reported first quarter net income increased to $11.0 million, or 74 cen
INSURER, BUSINESS LEADERS DEBATE DEPTH OF CRISIS
Leah R. Young |
The litigation explosion in certain trendy fields has affected the availability of insurance in thos
US WARNS JAPANESE ON AIRPORT COMMITMENT
A.E. Cullison |
The Reagan administration hopes Japan intends to honor its promises to provide "fair, open and trans
Maritime
EXPORT BRIEFS
From Wire and Staff Reports |
GTECH Signs Pact For Lottery TerminalsPROVIDENCE, R.I. - GTECH Corp. said it signed an agree
Maritime
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 |
Wed., May 13, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
DOT TO DELAY MERGER DECISION
Journal of Commerce Staff |
The Transportation Dept. is not expected to decide until December whether to approve the $1.65 billi
EPA REMINDS CHEMICAL FIRMS OF NOTIFICATION REQUIREMENTS
Journal of Commerce Staff |
The U.S. Environmental Protection Agency is reminding chemical companies handling certain extremely
DELTA DISAGREES WITH EASTERN PROPOSAL
(Ap) |
Delta Air Lines said Tuesday it disagreed with Eastern Airlines' proposal to reduce sharply the volu
11 TALL SHIPS SAIL FOR AUSTRALIA
(Ap) |
Queen Elizabeth II bid bon voyage Wednesday to a fleet of replica tall ships re-enacting the epic, 1
Maritime
TRUCKING BRIEFS
From Wire and Staff Reports |
Leaseway Shareholders To Vote on MergerLeaseway Transportation Corp. shareholders will vote
Trucking News
CRANKSHAFT IMPORTS UNDER INVESTIGATION
Journal of Commerce Staff |
Forged steel crankshafts from West Germany, Japan and the United Kingdom are being dumped in the Uni
Maritime
S. AFRICAN CHEMICAL SECTOR SURVIVES US WITHDRAWALS
Tony Koenderman |
South Africa's chemical industry, the economy's largest manufacturing sector, so far has been relati
WORLD TODAY
Wire and Staff Reports |
More Charges Due On Insider ScandalMore people will be charged this summer as part of the fe
NEW TEXTILE ACCORD WITH CHINA ELUSIVE BEIJING TO UPDATE VISA SYSTEM
Rose A. Horowitz |
Little progress was made during last week's talks in Canton on a new textile agreement with China, s
MATSON WANTS UNSUBSIDIZED LINE AS COMPETITOR
John Davies |
The chairman of Matson Navigation Co. says he believes there'll be only one winner in the fight betw
FUTURE NO BRIGHTER FOR US, JAPAN
(Ap) |
Their summit talks over, Prime Minister Yasuhiro Nakasone and President Reagan face daunting challen
Maritime
CHINA REGION PLANS INVESTMENT SEMINAR
P.T. Bangsberg |
The coastal Chinese province of Jiangsu above Shanghai will mount a week-long investment seminar beg
Maritime
CORRECTION
JOC Staff |
In a story published on May 4 relating the purchase of E.I. du Pont de Nemours & Co.'s high-density
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japanese Firm Marks First Loss in 27 YearsVictor Co. of Japan (JVC) has suffered its first u
Maritime
GATT REFORMS TIED TO US GRAIN SUBSIDIES
Jeremy Morgan |
A U.S. trade official said measures to eliminate grain export subsidies were tied to reforming the G
Maritime
ISRAELI OIL VENTURE TO SPEND $7.8 MILLION
Journal of Commerce Staff |
An oil exploration group working in Israel said Wednesday it would would spend $7.8 million, mainly
AUSTRALIA, CHINA TO BOLSTER TIES
Vincent W. Stove |
Shipping links between Australia and China will be further strengthened when an Australian shipping
Maritime
CHASER WON'T GIVE UP US SUIT
Joseph Bonney |
The owners of a ship damaged by U.S.-planted mines in a Nicaraguan port are seeking a new hearing af
Maritime
PAN AM CHIEF OPTIMISTIC
(Ap) |
Amid signs that some employees are growing disenchanted with his leadership, C. Edward Acker, chairm
AVIATION BRIEFS
From Wire and Staff Reports |
Emery Says Shipments, Weight Rose in AprilWILTON, Conn. - Emery Air Freight Corp. reported A
BCR CONFIRMS SERVICE HALT
Journal of Commerce Staff |
The Maritime Transport Overseas Group confirmed Wednesday that its subsidiary, BCR Lines, has suspen
Maritime
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