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Commentary
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PATH OF CUSTOMS' ACTIONS IS LONG AND COMPLEX
Tony Seideman |
Officials from the U.S. Customs Service last week said they were willing to do what the shipping ind
OVERNITE TONNAGE, EARNINGS GAINS STRONG
Leo Abruzzese |
Overnite Transportation Co. converted strong second quarter tonnage gains into a 35 percent earnings
Trucking News
HOUSE OKS COAST GUARD 2-YEAR BUDGET
Journal of Commerce Staff |
The House Wednesday approved a conference agreement that puts the Coast Guard on a two-year budget c
Maritime
PEOPLE - TRADE
Wire and Staff Reports |
HILL & KNOWLTON INC. (Brussels, Belgium) - Steven Worth, a senior vice president of this consulting
Maritime
BYRD PUTS OFF DEBATE OF TAX BILL IN SENATE
John Boyd |
Prospects for a tax bill that includes relief to non-highway diesel users and other business tax cha
RETAIL SALES DECLINED 0.2 PERCENT DURING AUGUST
Wire and Staff Reports |
Retail sales, dragged down by a sharpest drop in auto sales in 10 months, declined 0.2 percent in Au
ROLE OF US THREATENED IN POSTWAR GULF BOOM
Bruce Barnard |
With the Iran-Iraq war over, Western companies are eager to participate in the postwar reconstructi
DRUMMOND, COLOMBIA SET PACT
Tim Sansbury |
Alabama-based Drummond Ltd. announced it signed an agreement with the Colombian government that clea
ASIAN OFFSHORE CENTERS COMPETING WITH JAPAN'S
Knight-Ridder Financial |
Japan's offshore market has not turned out to be as serious a threat to offshore businesses in Singa
PORTS OWNER IN UK POSTS PROFIT JUMP
Journal of Commerce Staff |
Associated British Ports PLC, the company that owns 19 United Kingdom ports including Southampton, a
Maritime
ELECTRONICS BRIEFS
From Wire and Staff Reports |
APPLE COMPUTER PLANS TO HIKE PRODUCT PRICESCUPERTINO, Calif. - Apple Computer Inc. is planni
FREIGHT RATE FUTURES
JOC Staff |
Sept. 15, 1988 Baltic International Freight Futures Exchange*PrevClose High
Maritime
CSX, UNION PACIFIC REVOKE SUPPORT FOR MODIFICATIONOF STAGGERS ACT
Howard S. Abramson |
The only two railroads that have ever publicly supported legislation to modify the Staggers Rail Act
Rail News
SHIPPERS ADVOCATE DOOR-TO-DOOR IDEA
Leo Ryan |
The future of liner shipping lies increasingly in the total transportation concept, carriers and shi
Maritime
FOREIGN BUYERS HOOKED ON SEAFOOD FROM THE US
Marie Prat |
A Taiwanese importer says he can't get enough mullet roe; a Frenchman seeks salmon; a British buyer
Maritime
JOBLESS INSURANCE CLAIMS DROP
(Ap) |
New claims for state unemployment insurance benefits were made by 300,000 people during the week end
PEOPLE - INSURANCE
From Wire and Staff Reports |
CORROON & BLACK CORP. (New York) - James A. Finkelstein was named president and chief executive offi
SWINDLER ARRESTED IN INTEGRITY CASE
Knight-Ridder Newspapers |
FBI agents in New Orleans have arrested a convicted swindler who allegedly conspired to use $10 mill
MARINE UNDERWRITERS WARNED ON RATE SLIDE
Janet Porter |
Marine underwriters face another sustained period of unprofitability unless they take action to arre
MIDWEST FARM BANKS WEATHER THE DROUGHT
Suzanne Cosgrove |
Midwestern farm banks are apparently emerging from this summer's drought unscathed, but bankers are
US, CANADA POTASH OUTPUT SOARED IN JULY
Journal of Commerce Staff |
North American potash production in July soared 32.7 percent to 591,285 tonsfrom 445,615 in
CHEMICAL BRIEFS
From Wire and Staff Reports |
WILLIAMS HOLDINGS SELLS PLASTIC BUSINESSESWilliams Holdings PLC announced that it has comple
US OIL PRODUCTION DECLINED IN AUGUST
(Ap) |
U.S. oil production declined again in August and imports remained strong as uncertainty over prices
MANAGING TRAFFIC
Greg Johnson |
WHEAT PRODUCERS are casting a wary eye at Union Pacific's new grain car allocation program.
Rail News
SEA-LAND SEEKS RELIEF FROM SUSPENSION OF CARRIAGE OF MILITARY CARGOES
Robert F. Morison |
Sea-Land Service Inc. is groping for a way out of its suspension from thecarriage of militar
Maritime
EX-COMMODITY TRADER TO BE SENTENCED NOV. 3
Kevin Commins |
Sentencing of former Chicago Board of Trade member Thomas Sanders is set for Nov. 3, following his c
EXPORT BRIEFS
Wire and Staff Reports |
CHAMBER OFFICIAL SAYS EXPORT BOOM PEAKEDWASHINGTON - The sharp improvement in the July trade
Maritime
AUSTRALIA MAY PUSH PACIFIC TRADE ZONE
Vincent W. Stove |
Australia may be forced to promote a Pacific Rim trading bloc, similar to the European Community, to
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
COMMISSION TO REVIEW US FREE TRADE PACTThe International Trade Commission will gather views
Maritime
FRANCE'S CAR BARRIERS COULD THWART EC PLAN
(Reuter) |
France's efforts to protect its domestic carmakers could obstruct European Community plans for a gen
SPOT PRODUCT PRICES
JOC Staff |
Sept. 15, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
IRAQ TO MAINTAIN PRODUCTION LEVELS
(Reuter) |
Iraq's oil minister was quoted on Thursday as saying his country would not reduce its oil output bec
ALCOA PLANS TO IMPLEMENT PROFIT-SHARING PLAN IN '88
(Ap) |
The Aluminum Company of America says a profit-sharing plan involving 7,000 white-collar employees in
COST OF CREDIT
JOC Staff |
Thu., Sept. 15, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
SEA-LAND NAMES FIVE EXECUTIVES TO KEY POSTS
Chris Dupin |
Intermodal transportation giant Sea-Land Corp. named five executives to key positions. They are:
Maritime
YUGOSLAVS STAGE PROTEST AGAINST INDUSTRIAL POLLUTION
(Ap) |
Some 10,000 people protested industrial pollution in the Serbian town of Zajecar blaming carelessnes
ENERGY BRIEFS
From Wire and Staff Reports |
GASOLINE PRICE DECLINE CONTINUES IN MICHIGANDEARBORN, Mich. - AAA Michigan's weekly fuel pri
WARDAIR ACTS TO EXPAND OPERATIONS
Journal of Commerce Staff |
Wardair Canada Inc., the Canadian airline, is expanding its international operations. The nu
Air Cargo
DHL CHAIRMAN HOPES TO BOLSTER SHARE OF MARKET
PATRICIA McCORMICK |
Patrick Foley had been on the job as chairman, president and chief executive officer of DHL Corp. In
Air Cargo
FEDERAL EXPRESS EARNINGS INCREASE
JOC Staff |
Federal Express Corp. earned $66.3 million, or $1.26 a share, on revenue of almost $1.1 billion duri
Air Cargo
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