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WORLD TODAY
From Wire and Staff Reports |
EGYPT CUTS OIL PRICES BY 30 CENTS A BARRELCAIRO, Egypt - Egypt on Wednesday cut its export o
AS GLOBAL ORDERS GROW, FRENCH YARDS SEE DOWNTURN
Barbara Casassus |
Shipbuilding order books are shrinking in France, even though business is picking up for the country
Maritime
BUSH CONSIDERS SEVERAL FOR DOT
Leo Abruzzese |
A key aide to President-elect George Bush and several members of Congress are emerging among the top
INSURED EXPORTS RISE IN HONG KONG
P.T. Bangsberg |
Business covered by Hong Kong Export Credit Insurance Corp. topped HK$5.2 billion (US$666 million) i
JAPAN'S HOUSE OKS 6 TAX REFORM BILLS
A.E. Cullison |
Prime Minister Noboru Takeshita's political standing took on new strength Wednesday afternoon with p
TELECOMMUNICATIONS DEPARTMENT VITAL, NEW STUDY SAYS
Torrey Byles |
Creation of a Department of Telecommunications would be a crucial step in enabling U.S. industries t
SURGE IN STEEL EXPORTS SPURS COMPETITIVE HOPES
Kevin Commins |
When a cargo of steel coils was loaded onto a vessel at the Port of Detroit last month, it was a cla
PLASTICS MEETING SCHEDULED IN OHIO
Knight-Ridder Newspapers |
A conference on the future of the plastics industry will be held Nov. 28 at the Quaker Square Hilton
ORGANIZATIONS PONDER PULLOUT FROM LONDON
(Ap) |
International commodity organizations, faced with hefty rent increases, are considering moving their
YANGMING CONFIRMS IT'S ENDING GULF CALL
Journal of Commerce Staff |
Taiwan's Yangming Marine Transport Corp. confirmed widespread reports that the line will stop sendin
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PEOPLE - FINANCIAL
From Wire and Staff Reports |
BANK OF AMERICA (San Francisco) - Warren L. Prostrollo Jr. was named vice president and manager of t
OAKLAND GOAL CLOSER WITH CF AIR EXPANSION
Mark Magnier |
The Oakland International Airport moved a step closer to its goal of becoming a full service domesti
Air Cargo
GASOLINE, FUEL OIL STOCKS FALL
Journal of Commerce Staff |
Supplies of gasoline and distillate declined, the American Petroleum Institute's latest weekly suppl
AUTO MODEL YEAR HAS STRONG START
(Ap) |
U.S. automakers are starting off the 1989 model year strongly, with sales in early November rising 1
PEOPLE - INDUSTRY I-R NAMES MULLIGAN EXECUTIVE VP
JOC Staff |
Ingersoll-Rand Co. named William G. Mulligan to be a second executive vice president of this diversi
HONG KONG CHIEF EXECUTIVE URGES PLANNING FOR NEW BOX FACILITIES
P.T. Bangsberg |
The local containerport complex known as Kwai Chung will be fully developed with the completion of t
Maritime
SEVERAL US REFINERS BOOST DOMESTIC CRUDE POSTINGS
Sam Glasser |
A number of major U.S. refiners this week increased posted buying prices for domestic crude oil by 5
SPOTLIGHT ON BUSINESS
A Staff Report |
Ford Motor Co. will mark the 70th anniversary of its Dearborn, Mich., plant Friday. The plant opened
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
EXPORT REVENUE SURGES DESPITE DIP IN VOLUME
John Maggs |
The dollar value of chemical exports surged between August and September despite a slight dip in the
NEW EXPORT MART KEEPS AKRON FIRM FROM BEING TIRED OUT
Larry Pantages |
Lowell Mulhollen holds the same job title today as he did 10 years ago. But what a difference a deca
FINANCIAL BRIEFS
Wire and Staff Reports |
USSR CREDITS WORRY EC COMMISSION CHIEFSTRASBOURG, France - Jacques Delors, president of the
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year11/16 11/15 Chan
BALTIC FREIGHT INDEX
JOC Staff |
1473 (Nov. 16, 1988) Previous day - 1454 The Baltic International Freight Futures Exchange i
Maritime
CORRECTION
JOC Staff |
Robert R. Googins is executive vice president of Connecticut Mutual Life Insurance Co. A story in th
PEOPLE - TRANSPORT
From Wire and Staff Reports |
THE HUB GROUP INC. (Downers Grove, Ill.) - John T. Donnell was elected president of Hub City New Yor
Trucking News
CARRIERS ASK COURT TO BLOCK SUPERTANKER FROM HAULING WHEAT
WILLIAM DiBENEDETTO |
Two bulk carriers and two maritime unions are trying to stop a government- spons ored relief contrac
Maritime
UGANDA FACING HUGE MONEY DRAIN UNDER PROGRAM TO FIGHT INFLATION
(Reuter) |
Uganda's economy is facing a massive money drain. It takes fistfuls of shillings to buy almost anyth
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FAA SEEKS TO IMPROVE RADIO COMMUNICATIONS
Knight-Ridder Newspapers |
When Federal Aviation Administration Chief Allan McArtor flew between here and Richmond recently, he
Air Cargo
PRATT PONDERS COURSE AFTER LOSING CONTRACT
Ed Lopez |
Having lost out on the biggest Army aviation contract inhistory, Pratt & Whitney is sifting through
Air Cargo
AEROSPACE COMPETITORS WEIGH DIFFERENT CARGO ROCKET SYSTEMS
John Davies |
Because three separate aerospace firms are still working on plans for a new fleet of cargo rockets,
Air Cargo
ELECTRONICS BRIEFS
Wire and Staff Reports |
ALLEGHENY SIGNS PACT FOR SALE OF THERMCOPITTSBURGH - Allegheny International Inc. has signed
WAH KWONG EARNINGS JUMPED 58 PERCENT IN 1ST HALF
Journal of Commerce Staff |
Wah Kwong Shipping Group Ltd., having weathered a mountainous sea of debt, reported a profit of US$1
Maritime
SAM GLASSER'S INSIDE TALK ON ENERGY
(By Sam Glasser) |
DOES THE OIL IMPORT FEE STILL LIVE? A $10-a-barrel fee on oil imports has been debated over the past
AEROSPACE FIRMS VIE FOR PACTS TO DESIGN LOW -COST ROCKETS
John Davies |
Using techniques borrowed from commercial shipping and air freight fields, aerospace designers this
COST OF CREDIT
JOC Staff |
Wed., Nov. 16, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
MUNICH RE'S PROFIT INCHED DOWN IN '87-88
Erich E. Toll |
Munich Re said its balance sheet profit totaled 63 million deutsche marks (US$36 million) during the
CGM IS TOP FROZEN GOODS HAULER
Barbara Casassus |
Compagnie Generale Maritime, the largest shipowner in France, has become Europe's leading road haule
Trucking News
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