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SPOT PRODUCT PRICES
JOC Staff |
Apr. 5, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
PSNH BIDDING WAR UNLIKELY, NEES SAYS
TOM McNIFF Jr. |
New England Electric System, which bid $2.35 billion for Public Service Co. of New Hampshire's non-S
OIL PRICES FALL ON NYMEX
Sam Glasser |
Oil prices took a tumble on the New York Mercantile Exchange Wednesday amid indications that the sup
NORTH SEA WELL TEST A SUCCESS, HESS SAYS
Journal of Commerce Staff |
Amerada Hess Ltd., the British unit of Amerada Hess Corp., said its latest appraisal well in the Nor
JAPANESE TRUST BUYS CHICAGO HOTEL
Chicago Tribune |
The Claridge Hotel, a 13-story luxury hotel in the heart of Chicago's Gold Coast on Lake Michigan, h
WESTINGHOUSE CREDIT CORP. FORMS NEW FINANCE GROUP
Journal of Commerce Staff |
Westinghouse Credit Corp. said it formed a Major Industries Finance Group to provide full-service fi
OCEAN LOSS LAID TO SALE OF BARBER
Edwin Unsworth |
Ocean Transport & Trading PLC reported Wednesday that a 26 million ($44.2 million) loss on the sale
Maritime
NJ DOCKERS FILE SUIT AGAINST RECRUITING PLAN HIRING HALLS MAY BE CLOSED
Bruce Vail |
Ten New Jersey longshoremen are going to court to prevent a long-anticipated modernization of New Yo
Maritime
UK TRADE DEFICIT BLAMED ON GOODS THAT LACK APPEAL
Edwin Unsworth |
The British government may be on the wrong track in using higher interest rates to redress the count
Maritime
TRADE PACT MAY BOOST N. AMERICAN TIRE SECTOR
Mike Lauzon |
The free trade agreement between the United States and Canada will lead to a stronger North American
Maritime
OVERNIGHT AIR COOURIER'S TARDINESS PROVES COSTLY FOR CROUSE-HINDS
Josh Goldstein |
When it absolutely, positively has to be there the next day - don't count on it. That's the
Air Cargo
SMALL COMPANY SHOWS THE WAY IN DEALING WITH SOVIETS
Lee Egerstrom |
Better Than Money Corp., the small business consulting firm that is opening a joint venture training
SAM GLASSER'S - INSIDE TALK - ON ENERGY
JOC Staff |
OIL INDUSTRY VETERANS were astonished at the events that unfolded in Alaska over the past two weeks:
DETROIT ZONE SAYS EXPORTS, JOBS GROWING
Journal of Commerce Staff |
The Greater Detroit Foreign Trade Zone continued its export and employment expansion during the 1988
TRAFFIC BRIEFS
From Wire and Staff Reports |
TRANSCON TO DISTRIBUTE STOCK TO ITS EMPLOYEESTranscon Lines Inc., a major trucking company,
Trucking News
US TECHNOLOGY EDGE THREATENED BY JAPANESE
(Ap) |
From the days when inventor Thomas Edison's light bulb first lit the nights of 1879, Americans have
INTEREST RATE CONTRACT MAY NOT SURVIVE
Cathy Kristiansen |
Volume for the 30-day interest rate futures contract at the Chicago Board of Trade is edging upward,
FOREIGN STOCK WARRANTS ATTRACT GLOBAL INVESTORS
Journal of Commerce Staff |
The growth in global investment is leading to an increase in demand for foreign stock index warrants
AUTO MANUFACTURERS LOOK TO CHINESE MARKETPLACE
(Ap) |
Japanese and European companies want U.S. customers, U.S. companies want wider European and Japanese
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1621 (Apr. 5, 1989) Previous day - 1614 The Baltic International Freight Futures Market in L
Maritime
DOT REJECTS BIDS FROM AMERICAN, UNITED TO ADD SERVICES TO JAPAN
Leo Abruzzese |
The Transportation Department rejected separate pleas by United Air Lines Inc. and American Airlines
Air Cargo
FARM SUBSIDIES MAJOR OBSTACLE AT TRADE ROUND
Janet Porter |
Serious differences over how to reduce the level of agricultural support in the short term are emerg
INSURERS WEIGH IMPACT OF DES COURT RULING
Laura Raley Borda |
The insurance industry is assessing the impact of a New York court decision that broadens liability
RULES WIDELY BACKED ON HAZARDOUS MATERIALS
Leo Abruzzese |
State governments agree with the trucking industry on a broad plan for rewriting hazardous materials
Trucking News
CURRENCY TRADERS AWAIT JOBS REPORT FOR MARCH
Knight-Ridder Financial |
The U.S. dollar was mixed Wednesday in a market groping for direction. Dealers said the market wasn'
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
Wire and Staff Reports |
FED MAKES PURCHASE OF TREASURY SECURITIESNEW YORK - The Federal Reserve made an outright pur
EXXON REFLOATS TANKER
(Ap) |
Exxon Corp. on Wednesday afternoon refloated its damaged oil tanker, whose fugitive captain surrende
Maritime
CREW FELT HAZELWOOD WAS GREAT SKIPPER
Rose A. Horowitz |
Joseph Hazelwood, the veteran sea captain thought to be at the center of the worst oil spill in U.S.
Maritime
STEELMAKERS SEEK EDGE THROUGH TECHNOLOGY
(Reuter) |
The old saying "Once burned, twice shy" aptly describes the current mind- set of the nation's steelm
AVIATION BRIEFS
Wire and Staff Reports |
DELTA ANNOUNCES PLAN FOR SERVICE TO TEXASSACRAMENTO, Calif. - Delta Air Lines will begin non
Air Cargo
LABOR DEPARTMENT TO OVERSEE ELECTION VOTING OVERDUE AT OLD NMU
Bruce Vail |
A government-supervised election is to be held by the end of the year for the top officers of the ol
Maritime
TRADE FAIRS
Wire and Staff Reports Trade Fairs appears every Wednesday. |
NORTH AMERICA Orlando Restaurant & Hotel Expo. April 8-9. Orlando Expo Centre, Orlando, Fla.
Maritime
CHINA REPORTS HIGHER TRADE AT MOST PORTS
Journal of Commerce Special |
All but one of China's 19 main ports handling foreign trade performed better last year than in 1987,
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INSURANCE GROUP'S MOVE GIVES BOOST TO MD. BILL
David Conn |
With less than a week to go before Maryland's General Assembly adjourns for the year, Gov. William D
KANSAS SUPREME COURT UPHOLDS CONTROVERSIAL TORT REFORM LAW
From Wire and Staff Reports |
The Kansas Supreme Court last Thursday upheld a controversial tort reform law enacted by the state L
OPTIMISTIC TALK MASKS RIFTS AT TRADE ROUND ACCORD SIGHTED IN 4 KEY AREAS
Janet Porter |
Optimistic talk from U.S. and European Community officials Tuesday about the chances of success at t
OPTIMISTIC TALK MASKS RIFTS AT TRADE ROUND YEUTTER PLAN ALARMS SOME
Sue Kirchhoff |
U.S. Agriculture Secretary Clayton Yeutter's recent statement that he would take a fresh look at the
ALASKAN OFFICIALS THREATEN TO CLOSE OIL PIPELINE
John Davies |
State and federal leaders from Alaska threatened Tuesday to require a shutdown of the Trans-Alaska P
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