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Platts Containers Update
CHEAPER OIL MAY NOT PROVIDE SMOOTHER SAILING FOR TANKERS
Bruce Barnard |
The tanker market, in deep recession since the 1973-74 oil price shock, faces an uncertain future de
Maritime
OPERATING PROFIT RISES 97 PERCENT AT SCOR
JOC Staff |
Scor U.S. Corp. reported fourth quarter operating profit rose 97 percent to $3.7 million, or 29 cent
W. GERMAN-SOVIET SHIP TREATY NEARS
Jess Lukomski |
After tough negotiations that have dragged for several years West Germany and the Soviet Union stand
Maritime
POLLUTION MARKET BEGINS TO EASE
C.A. Carpenter |
Pollution insurance is becoming slightly more available as new capital from both inside and outside
AIR FREIGHT CONSULTANT: SHAKEOUT CONTINUES
Richard Malkin |
A few months short of five years ago Barry L. Hansen sat at lunch and predicted the withering of com
DIRECTORS WEATHERING D&O RATE HIKE STORM
Journal of Commerce Staff |
The cost of directors and officers liability insurance has skyrocketed over the past three years, bu
US RECONSIDERS ACID RAIN STANCE
(Ap) |
The White House is re-examining its position on acid rain in preparation for next month's summit co
PANEL RECOMMENDS APPROVAL OF ANTI-BALDNESS DRUG
(Ap) |
The first drug to make hair grow on bald men could be on the market later this year if the Food and
GROWTH RATE TO NARROW FOR MAJOR TRUCK LINES
Leo Abruzzese |
Well-developed national truck lines with broad market coverage will grow only half as fast as their
NJ TRANSIT GETS OK FOR PENN STATION WORK
Journal of Commerce Staff |
The Port Authority of New York & New Jersey said it has authorized payment of up to $10 million to N
SCANDINAVIANS TARGET TIES WITH US CARRIERS
Tim Neale |
The liberal airline agreement proposed last week by three Scandinavian countries is intended, in par
SFSP RAIL MERGER FACES UPHILL BATTLE
David M. Cawthorne |
Santa Fe Southern Pacific Corp. may have painted itself into a regulatory corner in its efforts to g
TRUCK MAKERS POST STRONG GAINS
Michael S. Lelyveld |
Nearly all truck manufacturers posted strong February gains over last year in the heaviest classes o
TRAFFIC BRIEFS
From Wire and Staff Reports |
Conrail, CSX Offer Special Interline PricesConsolidated Rail Corp. and CSX Transportation Co
CATHAY PACIFIC TO SERVE TORONTO
P.T. Bangsberg |
Cathay Pacific Airways Ltd. won swift approval Monday for new routes to North America over the objec
CPAL SEES FOREIGN RESTRICTIONS
Mark Wilson |
Canadian Pacific Air Lines, of Vancouver, is being restricted by foreign governments from providing
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The payments deficit widened in the fourth quarter. Page 2AThe federal budget
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
Passenger Traffic Rose 13.3 percent in FebruaryU.S. airline passenger traffic increased 13.3
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
NEW PRODUCTS MARKETPLACE UK RADIO TRANSMITS TALKING DISTRESS SIGNAL
JOC Staff |
A British company has developed a "talking" distress radio beacon that automatically identifies the
Maritime
CLAUSEN SAYS BRAZIL BLUFFING ON DEBT
John Davies |
BankAmerica Corp.'s chief executive thinks Brazil is bluffing when it says it won't repay its $2 bil
SUN BELT STILL TOPS HOUSING STARTS LIST
Journal of Commerce Staff |
Sun Belt areas continued to dominate the list of the nation's ten largest areas of housing construct
BRAZIL DIVIDED ON ECONOMIC COURSE
James Bruce |
A plan to stabilize the Brazilian economy, being demanded by international creditors, has yet to mat
TRADE BILL WINDS THROUGH PANELS
Helen Ericson |
Widely scattered sections of the omnibus House trade bill are making smooth progress toward floor co
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The payments deficit widened in the fourth quarter. Page 2ASen. Ernest F. Holl
HOUSE, SENATE PANELS TAKE ACTION ON BUDGET
Journal of Commerce Staff |
The federal budget process picked up speed as the House Budget Committee chairman unveiled his strat
PAYMENTS DEFICIT WIDENS IN QUARTER
Knight-Ridder Financial |
The U.S. payments deficit on its current account widened to a seasonally adjusted $36.837 billion in
ATOMIC POWER AT CROSSROADS IN LILCO FIGHT
Sam Glasser |
Long Island Lighting Co. is in the eye of a controversy that will have a profound impact on the futu
WORLD TODAY
From Wire and Staff Reports |
Israeli Spy Unit TEL AVIV, Israel - The Israeli spy unit that hired Jonathan Jay Pollard ran
NEW TRADE CLASH LOOMS FOR US, JAPAN TRANS-PACIFIC CABLE DRAWS FIRE
Richard Lawrence |
A major new U.S.-Japanese trade policy clash over a proposed $400 milliontrans-Pacific telec
USPS STRATEGY SHIFTS TO MARKETING
Tim Neale |
Marketing is the new buzzword at the U.S. Postal Service. In an all-out effort to meet stron
NY REGULATOR TELLS LIFE INSURERS JUNK BONDS COULD PROVE FATAL
James Nolan |
Some life insurance companies are heading down the ruinous road the property/ casualty industry trod
GRAIN SENSITIVE ISSUE IN CHINA
Jasper Becker |
The probability of China again becoming a major grain importer may be good news for U.S. farmers, bu
SEA-LAND SERVICE TALKS TO USL ABOUT PURCHASE OF TWO ROUTES
Mark Magnier |
Sea-Land Service is talking to United States Lines Inc. about buying USL'strans-Pacific and
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Massey Combines Sells 48 Units to SaudisBRANTFORD, Ontario - Massey Combines Corp. said it h
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Valley National Bank Agrees to AcquisitionGLENDALE, Calif. - Valley National Bank, one of th
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
S. KOREA OFFERS LOAN PLAN TO FARMERS, FISHERMEN
(Ap) |
The government has worked out a 1 trillion won (US$1.17 billion) loan program to help a large number
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
Expatriate Tax Policies and Planning. A seminar for individuals seeking coverage on advanced subject
Maritime
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