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US LEADS IN SERVICE EXPORTS, BUT GAP IS GETTING NARROWER
(Ap) |
Hidden in the U.S. trade deficit statistics is an area of strength that seldom if ever is revealed b
Maritime
EXPERT SAYS SOVIETS MAY CHALLENGE WEST BY SCRAPPING OLD WARSHIPS
From Wire Reports |
The Soviet Union soon may challenge the West by scrapping up to 100 aging submarines and surface war
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC. (Staten Island, N.Y) - Oldriska "Oli" Reichl was named regional manager f
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These*trade*leads are supplied through the*World*Trade*Center*NETW ORK, a service of
Maritime
MALAYSIA AIRLINES SET TO SIGN ORDER FOR BOEING 737S
P.T. Bangsberg |
Malaysia Airline System, riding high on a surge in cargo and passenger business, is expected to sign
Air Cargo
TRAFFIC BRIEFS
From Wire and Staff Reports |
POOLE, MDS, PACTRAN TO EXCHANGE ASSETSEVERGREEN, Ala. - Poole Truck Line Inc. of Evergreen a
Trucking News
INSURANCE BRIEFS
From Wire and Staff Reports |
SUIT SAYS STATE FARM SURPLUS IS TOO BIGAn attorney contends in a lawsuit that State Farm has
HOLLAND COAL WINS INDONESIAN TERMINAL PACT
Bruce Barnard |
Holland Coal Handling, a consortium of Dutch, West German and Australian companies, has won a $70 mi
GASOLINE PRICES TIED TO OIL OUTPUT CUTS
From Wire Reports |
A rise in U.S. gasoline prices was caused by the Organization of Petroleum Exporting Countries' deci
PEOPLE - TRANSPORT
From Wire and Staff Reports |
ABF FREIGHT SYSTEM INC. (Fort Smith, Ark.) - Roy Slagle was named regional vice president for sales
Rail News
FRUEHAUF SAYS IT LOST $242 MILLION IN QUARTER
Journal of Commerce Staff |
Fruehauf Corp. lost $241.7 million on revenue of $332.9 million in the first quarter, mostly in esti
Trucking News
CORRECTION
JOC Staff |
In a "Premium Talk" interview that appeared in The Journal of Commerce of May 22, Page 11A, Paul T.
NEW ORDERS FOR DURABLES SURGE 2.9 PERCENT
From Wire Reports |
Durable goods orders rose an unexpectedly strong 2.9 percent last month, the biggest increase since
DISTRICT OF COLUMBIA RECOGNIZES 4 EXPORTERS
Jennifer Friedland |
A local bank, a security company, a law firm and a hair products manufacturer today will receive the
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
SENATE PANEL TO DEBATE MARAD, FMC BUDGETSA Senate maritime subcommittee will meet June 1 on
Maritime
SWISS ELEVATOR FIRM TO CLOSE OHIO PLANT
(Ap) |
Schindler Group, one of the world's largest elevator manufacturers, said Tuesday it will close its T
COURT URGED TO OK TEST AT SEABROOK
(Ap) |
Energy Secretary James D. Watkins is urging the U.S. Court of Appeals to permit nuclear testing at t
SEA CONTAINERS, STENA UNIT DISCUSS DIFFERENCES
David F. White |
Sea Containers Ltd. said it held discussions Tuesday with Stena Finance B.V., a unit of Sweden's St
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
ECOM CONSULTANTS (New York) - Alan G. Dee was named a managing director of this international corpor
JAPANESE BROKERAGES FINDING WALL STREET TOUGHER THAN LONDON
Wire Reports |
It looked so easy a few short years ago. U.S. stock markets were booming and Japanese brokerage comp
PEOPLE - TRADE
Wire and Staff Reports |
AMERICAN ASSOCIATION OF EXPORTERS AND IMPORTERS (New York) - Mary GiaQuinta was promoted to director
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
EXPORTERS REPORT CHINA BUYS SOFT RED WHEATKANSAS CITY, Kan. - China purchased 100,000 to 300
10 MILLION JAPANESE TO TRAVEL OVERSEAS IN '90, REPORT SAYS
A.E. Cullison |
The number of Japanese traveling abroad on an annual basis will exceed 10 million next year, a Japan
Maritime
AIR FORCE ADVANCES PLAN TO PUT MISSILES ON RAILCARS
PATRICIA McCORMICK |
When Jimmy Carter proposed moving the nation's nuclear missiles out of in- ground silos where they a
Rail News
US URGED TO CLEAN UP OWN HOUSE ON TRADE
From Wire Reports |
Most of the United States' trade problems lie at home and not with foreigncompetitors such as Japan
LEGISLATORS TO OFFER DEFENSE SEALIFT BILL
WILLIAM DiBENEDETTO |
National Maritime Day activities here Tuesday came to a close with three House maritime leaders sayi
JAPAN-S. AFRICA TRADE IS CIRCUITOUS
(Ap) |
Japanese companies are using third countries as channels to reduce direct imports from South Africa
Maritime
ARMY INVESTIGATES FIRM FOR ORDNANCE EXPORTS
Terry Bivens |
The Army is investigating allegations that Action Manufacturing Co. of Philadelphia, which recently
Maritime
EXXON VALDEZ CAPTAIN FACES NEW CHARGES OVER OIL SPILL
(Ap) |
The Exxon Valdez captain, Joseph Hazelwood, faces three new charges over the Alaska oil spill two mo
Maritime
CNW'S 7 NOMINEES WIN PROXY BATTLE
Leo Abruzzese |
CNW Corp. said Tuesday that its seven nominees were elected to the railroad company's board of direc
Rail News
WORLD TODAY
Wire and Staff Reports |
INDUSTRIAL PRICE INDEX DECLINED TUESDAYThe Journal of Commerce Industrial Price Index fell t
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
AVIATION BRIEFS
From Wire and Staff Reports |
PAN AM SEEKS FUNDING TO ACQUIRE NWA INC.MINNEAPOLIS - Pan Am Corp. continues to seek financi
Air Cargo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year5/23 5/22 Ch
PRECIOUS METALS PRICES REBOUND FROM PLUNGE
Howard Simon |
Precious metals prices were mostly higher Tuesday in response to a weakerdollar, in sharp co
INTERNATIONAL BRIEFS
Wire and Staff Reports |
COMPAQ CORP. OPENS DANISH SUBSIDIARYCompaq Computer Corp. announced the opening of Compaq Co
Maritime
EC-JAPAN TRADE TIES STUMBLE AGAIN
Bruce Barnard |
Hand-held video cameras and conical rolled bearings emerged Tuesday as the latest irritants in the i
JACKSONVILLE DOCKERS WIN BACK MILITARY JOB
Craig Dunlap |
Union dockworkers in Jacksonville, Fla., gave a little and won a lot: a two- year military contract
JAPANESE EXPECTED TO HIKE BANK RATE
A.E. Cullison |
The Bank of Japan plans to raise the official discount rate next week in a move to counter inflation
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