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Commentary
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Platts Containers Update
SOUTHERN PACIFIC SUITORS REVIEW THEIR OPTIONS
Howard S. Abramson |
The major parties in the increasingly bitter dispute over the sale of the Southern Pacific Transport
Rail News
JURY STILL OUT ON IMPACT OF ITEL-HENLEY-APC DEAL
Mark Magnier |
Analysts and competitors say they are still trying to figure out how to read the Itel-Henley-Americ
Trucking News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 16 total piggyback freight hauled on the nation's major railroads equaled 11
Rail News
BARGE SECTOR TOTS UP DROUGHT-RELATED LOSSES
WILLIAM DiBENEDETTO |
Tug and barge companies' drought-related losses are greater than previously estimated, according to
Rail News
ABF FREIGHT PROPOSES WAGE CUT, PROFIT PLAN
Leo Abruzzese |
ABF Freight System Inc. is asking the Teamsters union for a 15 percent employee wage cut as part of
Trucking News
SEA-LAND EXPANDS FLEET OF HIGH-CUBE REEFERS
Journal of Commerce Staff |
Sea-Land Service Inc. will add more than 2,300 high-cube advanced technology refrigerated containers
Maritime
COPPER SECTOR HAILS HIGH-GRADE CONTRACT LAUNCHED BY COMEX
Knight-Ridder Financial |
Commodity Exchange Inc. launched a high-grade copper futures contract on Friday in response to what
TAX PLAN TERMED JAPAN'S TOP GOAL
(Reuter) |
Prime Minister Noboru Takeshita formally presented his tax reform plan to parliament Friday, declar
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COMMODITY BRIEFS
JOC Staff |
JAPANESE TRADING FIRM BUYS US BEEF COMPANYJapan's Farmland Trade Co., Yakima, Wash., has pur
PEOPLE - COMMODITIES
From Wire and Staff Reports |
DAIWA SECURITIES AMERICA (New York) - John W. Stillwaggon was named a senior vice president - futur
LLOYDS BANK OF BRITAIN REPORTS STRONG EARNINGS
Edwin Unsworth |
The last of Britain's four big banks to report half-year results last week, Lloyds Bank PLC, kept up
CURRENCY FORECAST BUOYANT DOLLAR TESTS CENTRAL BANKS' RESOLVE
Kevin Commins |
A confrontation is looming between the currency markets and most of the world's major central banks.
PEOPLE - FINANCIAL
Wire and Staff Reports |
ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIATION (Long Island City, N.Y.) - Virginia Vega was named assi
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 |
DEUTSCHE BANK MAY BUILD OWN US DEALERNEW YORK - After a casual round of shopping to try to b
ARGENTINES TIRING OF DEBT STRUGGLE
(Reuter) |
As Argentina looks for more money from banks and international lending agencies, some financial expe
BRAZILIAN FIRMS LEND CRUZADOS FOR REPAYMENT IN DOLLAR TERMS
James Bruce |
While the argument rages whether Brazil is slipping into uncontrolled hyper- inflation, at least a f
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
COST OF CREDIT
JOC Staff |
Fri., July 29, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
INSURANCE BRIEFS
From Wire and Staff Reports |
ARIZONA WON'T REHEAR BATUS-FARMERS CASELOUISVILLE, Ky. - The Arizona Insurance Department Fr
CORRECTION
JOC Staff |
The Hartford Insurance Group is eliminating jobs at its Simsbury, Conn., office. The site was miside
TAX FORMS CONSUME TIME - AND MONEY
(Ap) |
U.S. taxpayers spent an average of two hours and 51 minutes this yearfilling out the government's ba
AMERICAN EXPRESS TRACKS FLIGHT, HOTEL SAVINGS
Christopher Lofting |
EVERY COMPUTERIZED TRAVEL AGENCY claims it always delivers the best possible deals on both air fares
CHRYSLER TO BOOST JEEP PRODUCTION
(Ap) |
Chrysler Corp. said it plans to increase production of its strong-selling Jeep models at plants in T
BRAZILIANS PRESS US TO DEFINE SANCTIONS
James Bruce |
The president of the American Chamber of Commerce for Brazil says the $200 million worth of proposed
BANKING BILL'S SMALL PRINT WORRIES INSURANCE AGENTS
Laura Raley Borda |
Insurance industry lobbyists Thursday applauded a House Banking Committee ban on banks moving into i
AUSTRALIA TO SWAP PORT ACCESS FOR SOVIET TRADE
Vincent W. Stove |
Australia is seeking increased trade with the Soviet Union in exchange for access to Australian port
SHIPPING ARM OF VW DROPS REPRESENTATIVE
Mark Magnier |
The shipping arm of Volkswagen, VAG Transport GmbH, said it will no longer be represented in North A
NEW THAI CHIEF SEEKS ALLIANCE WITH MILITARY
P.T. Bangsberg |
The surprise decision of Thailand's longest-serving civilian prime minister not to head a new coalit
THE ECONOMY CHRYSLER EARNINGS FALL DESPITE HIGHER SALES
From Wire and Staff Reports |
Chrysler Corp. said Thursday its second quarter earnings fell 2.4 percentfrom a year earlier
THE ECONOMY NEW JOBLESS CLAIMS INCREASE BY 23,000
From Wire and Staff Reports |
New claims for state unemployment insurance benefits were made by 318,000 people during the week end
EXPORT, IMPORT PRICES ROSE 2.7 PERCENT IN 2ND QUARTER
John Boyd |
Prices for imports and exports rose 2.7 percent from March to June, roughly doubling their inflation
NEW ORLEANS LACKS DEVELOPMENT FUNDS
Marie Prat |
The New Orleans Dock Board approved a financial plan Thursday that boasts higher than anticipated ca
Maritime
COAST GUARD ALTERS POSTING RULE ON SHIPS
Journal of Commerce Staff |
The Coast Guard no longer requires ships to post formal instructions regarding lifesaving signals, h
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
DUTCH YARDS TO BUILD SHIPS FOR SPLIETHOFF'SAMSTERDAM, Netherlands - After a 13-year hiatus,
Maritime
ARWOOD FINDS HAPPINESS OPERATING SMALL LINE
William Armbruster |
John R. Arwood is finding that it may be easier to make money in the shipping business with a small
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
SOUTH TEXAS UNIT HITS 100 PERCENT POWER
Journal of Commerce Staff |
Houston Lighting & Power Co. said Unit 1 of the South Texas Project nuclear power plant reached the
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