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THE ECONOMY
Wire and Staff Reports |
BUSINESS INVENTORIES UP 0.4 PERCENT IN NOVEMBERThe value of inventories held by U.S. manufac
CARIBBEAN HOPES EXPO WILL BOOST APPAREL SALES
Canute James |
Caribbean countries, which last year supplied 10 percent of U.S. garment imports, next week will att
Maritime
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
PHILLIPS 66 BOOSTS SWEET CRUDE POSTING
Knight-Ridder Financial |
Phillips 66 Co., Bartlesville, Okla., Tuesday raised the price it will pay for sweet crude oil by 50
GASOLINE PRICES FOR MAY-AUGUST JUMP 2 CENTS
Sam Glasser |
Unleaded gasoline prices for delivery anytime between May and August shot up the 2-cent-a-gallon lim
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
SPOT PRODUCT PRICES
JOC Staff |
Jan. 17, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
GLUE FAILURE FORCES BOEING TO MODIFY HUNDREDS OF JETS
John Davies |
Several hundred Boeing Co. jetliners built with glue that's breaking down will be pulled out of the
Air Cargo
REPORT SAYS AIRCRAFT HAD COUNTERFEIT PARTS
Edwin Unsworth |
A report out today in a publication of the International Maritime Bureau claims that fire detection
Air Cargo
DOLLAR SLIPS AS TRADERS PREPARE FOR TRADE DATA
Knight-Ridder Financial |
The U.S. dollar declined Tuesday as traders trimmed long dollar positions ahead of this morning's re
FOREIGN BANKS IN NY PLAN SHIFT IN STRATEGY
Journal of Commerce Staff |
Foreign-owned banks in New York, particularly European banks, are planning toshift their bus
US IMPORTING GREATER VOLUME OF CHEMICALS
John Maggs |
U.S ports handled 3.1 million metric tons of chemical imports in November, upfrom 2.7 millio
OCEAN CARRIERS BACK MARAD PLAN TO USE TAX-DEFERRED FUNDS
Robert F. Morison |
Ocean carriers favor a Maritime Administration proposal that would allow them to use tax-deferred fu
Maritime
CRUSADER CLAIMS VICTORY ON TROPICAL OILS
(Ap) |
Five major food companies have joined four others in working toward eliminating highly saturated pal
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year1/17 1/13 Ch
CBT OFFERS AID TO CHINA GROUPS IN FUTURES MART
P.T. Bangsberg |
A senior official of the Chicago Board of Trade says China has "enormous potential for a commodities
FUND TRANSFER SUIT DROPPED
Laura Raley Borda |
Insurers say they will appeal the dismissal of three lawsuits challenging the legal transfer of $124
UPS ACQUIRES PARTNERS IN KEY GLOBAL MARKETS
Ira Breskin |
United Parcel Service, expanding rapidly in the international document and parcel express business,
REFORMS TO REVAMP BRAZILIAN SHIP SECTOR
James Bruce |
Brazilian merchant shipping could undergo a wrenching adjustment in the wake of last weekend's gover
Maritime
SERVICES HELD FOR TED BARBER
Journal of Commerce Staff |
Edward John Barber, retired chairman of Barber Steamship Lines Inc., died Saturday at the age of 72.
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
One of Japan's great strengths is something it doesn't have: a lot of lawyers. There are few
BRAZILIAN PAYMENTS BOOST NEW YORK BANKS' EARNINGS
Journal of Commerce Staff |
Citicorp and J.P. Morgan & Co. Tuesday reported higher fourth quarter 1988 earnings, thanks in part
ELECTRONICS BRIEFS
From Wire and Staff Reports |
ALLTRANS FORMS UNIT FOR TRANSPORT INDUSTRYWAYNE, N.J. - Alltrans International Group Inc. ha
NEW SEATTLE PORT DIRECTOR TO CONCENTRATE ON PLANNING
Journal of Commerce Staff |
Zeger van Asch van Wijck, Seattle's new port director in Seattle, said he intends to spend his first
Maritime
CALIF. GOVERNOR QUESTIONS LEGALITY OF PROVISION OF 103
(Ap) |
Although the state's insurance commissioner invoked a provision of Proposition 103 in an effort to s
JAPANESE OFFICIAL URGES SPECIAL GATT POLICY FOR BASIC FOODSTUFFS
Knight-Ridder Financial |
The General Agreement on Tariffs and Trade should permit special treatment for agricultural policies
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
EC PROBES ALLEGATIONS OF CASSETTE DUMPINGBRUSSELS, Belgium - The European Commission Tuesday
Maritime
TRADE LAWYERS EXPECT TO SEE HIKE IN PLEAS FOR IMPORT RELIEF
Rose A. Horowitz |
Trade lawyers expect an increase in the number of petitions filed with the U.S. International Trade
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHINESE CRACKDOWN ON EXPORT LICENSES RAISES SOME CONCERN
Gene Linn |
China tightened export license procedures Jan. 1 as part of a campaign to reimpose central control o
Maritime
MERIDIAN BANK OFFERS EXPORT LINE OF CREDIT FOR SMALL BUSINESSES
Gordon Platt |
Meridian Bank, a subsidiary of Meridian Bancorp Inc., Reading, Pa., said it has become the first ban
BRAZIL MAY HALT DEBT PAYMENTS IF RESERVES FALL TO CRITICAL LEVEL
(Reuter) |
Finance Minister Mailson Nobrega said that under a new plan designed to end the country's economic c
W. VA. SENATORS URGE DELAY IN AIR AID CUTS
Journal of Commerce Staff |
Saying that air service is vital for five localities in West Virginia, U.S. Sen. Robert C. Byrd, D-W
Air Cargo
RETAILERS ADOPT EDI CAUTIOUSLY, CONFEREES TOLD
Tony Seideman |
Retailers are trying to make sure they don't byte off more than they can chew. For U.S. stor
AT&T BREAKUP SOWS SEEDS OF CONFUSION FOR CONSUMERS
ANTHONY GNOFFO Jr. |
Not long after the breakup of American Telephone & Telegraph Co., Rudy and Mildred Chalow got an AT&
UPS TO CONSTRUCT NEW PACKAGE CENTER JOURNAL OF COMMERCE STAFF
JOC Staff |
United Parcel Service Inc. will build a new package sorting facility at the international trade cent
Trucking News
TRUCK SALES SEEN STAYING FIRM IN '89, THEN SLIDING
Leo Abruzzese |
Heavy truck sales in 1989 should match last year's robust levels, but a faltering economy will depre
Trucking News
INVESTOR FILES LAWSUIT AGAINST INSURANCE COMPANY
Journal of Commerce Staff |
A California attorney and financial investor has filed a $14 million lawsuit against a Lexington, Ky
LLOYD'S ON VERGE OF NAMING W. GERMAN REPRESENTATIVE
Edwin Unsworth |
Lloyd's of London , the world's leading insurance market, said Tuesday it is on the verge of appoint
MANAGERS FROM ASIA REPORTED IN DEMAND
Journal of Commerce Staff |
International demand for senior managers grew sharply in the second half of 1988, especially in Lati
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