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GLOBAL CRUDE OIL PRODUCTION DECLINED IN JANUARY, IEA SAYS
Knight-Ridder Financial |
World crude oil output in January averaged 49.6 million barrels a day, down 4 million b/d from Decem
DUBAI DENIES REPORT OF PLANNED OUTPUT CUT
Knight-Ridder Financial |
A newspaper report Thursday that Dubai is to cut its crude oil output in February or March is "nonse
CHEMICAL BRIEFS
Wire and Staff Reports |
EC SEEKS TO RECONCILE EXPORT CONTROLS EFFORTSBRUSSELS, Belgium - The European Community is r
PEOPLE - INSURANCE JEROME KARTER IS NAMED PRESIDENT, CEO OF SCOR RE
From Wire and Staff Reports |
NEW YORK - Jerome Karter was named president and chief executive at Scor Re, the U.S. reinsurance su
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
ILLINOIS COURT UPHOLDS WORK HAZARD CHARGES
William Grady |
Federal law does not prevent local prosecutors from filing criminal charges against corporate offici
ACCIDENT VICTIMS TURN TO LAWYERS
Journal of Commerce Staff |
An insurance industry study reveals that more auto accident victims are turning to lawyers to help t
CANADIAN RAIL STARTS DOUBLE-STACK SERVICE
Leo Ryan |
Canada's first, scheduled, double-stack container train is to arrive in Toronto today from Vancouver
Rail News
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
TAIWAN BANK PLANS OFFICE IN CALIFORNIA
Journal of Commerce Special |
The Bank of Communications will open a branch office in April in California's Silicon Valley, local
US BUDGET POLICIES STILL A TOP CONCERN
Richard Lawrence |
Finance ministers from major industrial nations left here this weekend pinning their hopes for the w
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FREIGHT RATE FUTURES
JOC Staff |
Feb. 3, 1989 Baltic International Freight Futures Exchange*PrevClose High Low Vo
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
HAWK OF CONNECTICUT INC. (Danbury, Conn.) Frederick C. Timm was named regional international sales a
Air Cargo
IMC UNIT SET TO START UP PLANT
Journal of Commerce Staff |
International Minerals & Chemical Corp.'s Mallinckrodt Inc. specialty chemicals unit will begin maki
MARITRANS PARTNERS POSTS DROP IN PROFIT
Journal of Commerce Staff |
Maritrans Partners LP said its net income for the quarter ended Dec. 31, 1988, totaled $3.9 million,
Maritime
INDUSTRIAL PRICE INDEX MOVES LOWER IN WEEK
Howard Simon |
The Journal of Commerce Industrial Price Index was lower on Friday compared with the previous weeken
COMECON NATIONS FIND TRADE WITH EAST BLOC STILL DIFFICULT
(Reuter) |
Forty years after the foundation of the Soviet-trading bloc Comecon, crossing the border between its
Maritime
IRANIANS WOULD TAP EUROPEANS FOR LOANS
Rose A. Horowitz |
Iran would probably turn to West European governments as its first source for credit if the Iranian
PEOPLE - FINANCIAL
From Wire and Staff Reports |
SEAMEN'S BANK FOR SAVINGS (New York ) - Lawrence Daly was promoted to vice president of the bank.
BUSH AND FED QUICKLY AT ODDS OVER INFLATION CONTROL POLICY
Robert Dodge |
If President Bush has wasted no time in reaching out to Congress, he also has not missed a beat in d
FREIGHT FORWARDER EXPANDS TO MEET GROWING MARKET
Paula Mate |
Pilot Air Freight, a privately held forwarder with headquarters in the Philadelphia area, is adding
Air Cargo
WASHINGTON PURSUES MORE LIFT TO EUROPE
John Davies |
The state of Washington said it will campaign to end a shortage of air cargo space on routes from Se
Air Cargo
IMC PLACES ITS BETS ON SWITCH FROM 'BRAWN' TO 'BRAIN' BUSINESS
Anita Schrodt |
International Minerals & Chemical Corp., which in the past year pulled awayfrom its traditio
SUPER YACHT UP FOR SALE TO HELP PAY ITS CREDITORS
Mark Magnier |
So you've socked away a few clamshells and hope to buy a little sailboat to dabble around with on th
TWO NJ AUTO INSURERS SEEK RATE HIKES
(Ap) |
Two auto insurance firms have asked the state for rate increases that would apply to 47,000 cars.
CLARIFICATION
JOC Staff |
In an "Inside Talk on Insurance" item appearing on Page 5A in the The Journal of Commerce of Friday,
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
Prices of ocean freight futures contracts lost ground for the second week in a row last week, in lin
Maritime
AUTOMATION MAY BOOST DUTY REFUNDS
Josh Goldstein |
U.S. Customs is taking in hundreds of millions of dollars it doesn't deserve, but the increasingly w
INSURANCE BRIEFS
Wire and Staff Reports |
CALIF. SENATE REJECTS POLICY RENEWAL BILLSACRAMENTO, Calif. - The California Senate late las
NEWS SUMMARY
JOC Staff |
* JofC Industrial Price Index: Aluminum 6A * Kevin Commins - Currency Forecast 7A* Milan Sve
US INVESTORS URGED TO STUDY CHINA
Bill Mongelluzzo |
U.S. companies looking to enhance their competitiveness in the world market will find attractive inv
Maritime
KERB TRADING PRACTICE VANISHING FROM CBT IN ADVANCE OF PROBE
Rosalind Krasny |
The practice of kerb trading all but disappeared from the grains floor of the Chicago Board of Trade
SHIPPERS, TRUCKERS DIVIDED OVER TARIFF CHANGES
Leo Abruzzese |
Shippers and truckers are bitterly divided over a proposal before the Interstate Commerce Commission
Trucking News
INTERNATIONAL BRIEFS
Wire and Staff Reports |
FOREIGN INVESTMENT IN US ROSE 26 PERCENT IN '87Foreign direct investment transactions in the
Maritime
CREDIT AGENCY CLOSES US OFFICE
Jon Jacobs |
The North American unit of ECS Marine, the British-based credit reporting agency, has closed its doo
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Feb. 3, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
GENERIC DRUG INDUSTRY GETS CREATIVITY PRESCRIPTION
Larry Luxner |
Generic pharmaceutical companies must become more creative to survive during the coming consolidatio
TRADER SEES '89 AS TRANSITION YEAR FOR COAL EXPORTERS
Tim Sansbury |
The year 1989 is a "transition year" for U.S. steam coal exporters during which a good performance c
CHEMICAL MARKETS
Journal of Commerce Staff |
DOW CHEMICAL GROUP TO HIKE MDEA PRICE MIDLAND, Mich. Dow Chemical Co.'s GAS/SPEC Technology
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