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ITALY'S MONTEDISON, ENI TO MERGE SOME UNITS
(Ap) |
Italy's state energy conglomerate Ente Nazionale Idrocarburi SpA and Montedison SpA, the country's l
INDIAN JUTE INDUSTRY HITS DISCOUNT OFFERS ON US SYNTHETICS
Neel Patri |
The U.S. synthetic carpet industry is to blame for a sharp fall in demand for jute carpet backing cl
CHEMICAL BRIEFS
From Wire and Staff Reports |
Quantum Unit Awards Pact to Fluor DanielIRVINE, Calif. - Fluor Daniel, a unit of Fluor Corp.
TVA LOOKING FOR SUPPLIES FOR TWO KY. POWER PLANTS
Tim Sansbury |
The Tennessee Valley Authority is about to enter the market for coal contracts of a year or less to
SPOT PRODUCT PRICES
JOC Staff |
May 27, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
ENERGY BRIEFS
From Wire and Staff Reports |
Diamond Shamrock, Phillips Cut PostingsDiamond Shamrock R & M Inc., San Antonio, and Phillip
ECONOMIC SUMMIT WILL FOCUS ON US
Chicago Tribune |
Seven months after Black Monday ignited fears that the global economy would be ravaged by a U.S. rec
MEXICO WARNS IT MUST REDUCE DEBT PAYMENTS
WILLIAM A. ORME Jr. |
Mexican leaders say Mexico must cut debt payments to achieve sustained economic growth, and they don
ST. PAUL FIGHTS TAKEOVER AS IT REGROUPS
Kevin Commins |
When Sister Rosemary Schuneman testified against Alleghany Corp.'s plan to acquire up to 20 percent
FREIGHT RATE FUTURES
JOC Staff |
May 27, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
NBA INCIDENT MAY FORCE MASSPORT THROUGH HOOPS
TOM McNIFF Jr. |
The Massachusetts Port Authority is not only thumbing its nose at the national air traffic system, b
Air Cargo
SEATTLE PORT DIRECTOR TAKES JOB AT LAW FIRM
John Davies |
James D. Dwyer, executive director of the Port of Seattle, will become a partner at one of Seattle's
Maritime
RISING INTEREST RATES COULD LIFT THE DOLLAR
Kevin Commins |
The dollar may trend up in the next few days on the strength of higher U.S. interest rates, predicte
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -0.30
FARM EXPORT RISE FORECAST
(Ap) |
The value of U.S. agricultural exports is expected to reach a four-year high of $33.5 billion this f
APPLE EXPORTERS PROTEST EC CUTOFF ON IMPORTS
David Y.M. Seto |
U.S. agricultural officials are pressing their counterparts in the European Community for a meeting
COAL BRIEFS
From Wire and Staff Reports |
Sonat Acquires Interest In Coal Seam ProjectBIRMINGHAM, Ala. - Sonat Inc. said Friday it sig
US, JAPAN RESUME FARM TALKS
Journal of Commerce Staff |
Japan's vice agricultural minister for international affairs, Hidero Maki, will meet with Deputy U.S
Maritime
US, MEXICO STRETCH EXPORT PACT TO 1991
WILLIAM A. ORME Jr. |
Mexico and the United States have extended an export subsidies pact until 1991, the Commerce and Ind
Maritime
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1370.0 (May 27, 1988) Previous day - 1392.0 The Baltic International Freight Futures Exchang
Maritime
OUTPOURING OF OFFERS PLEASES POLISH SAILOR SEEKING ASYLUM IN US
(Ap) |
A Polish sailor seeking political asylum was released from the Snohomish county jail last week, stil
Maritime
SLUDGE MEASURE SENT TO PRESIDENT
Journal of Commerce Staff |
The House has passed legislation extending the coverage of U.S. cabotage law to the transportation o
Maritime
BRAZIL DEBT SWAP AUCTION FALLS SHORT OF THE MARK
Knight-Ridder Financial |
Results of Brazil's third debt-equity swap auction last week produced the smallest discount since th
BANK OF AMERICA SAYS IT HAS TURNED CORNER
Mark Magnier |
After years of problems and mounting losses, Bank of America is on the road to recovery, the company
ENVIRONMENTALISTS, OIL COMPANIES JOIN TO AVERT NEXT CRISIS
(Ap) |
Convinced that another oil crisis lies down the road, a group of environmentali sts, oil companies a
TONY SEIDEMAN - EDI EXCHANGE
Tony Seidman |
BAD ATTITUDES MAKE it worse for EDI, maritime executives say. Especially when it comes to the unique
SHIPOWNERS ANTICIPATE CONTAINER PRICE HIKE
Bruce Barnard |
Shipowners face further sharp price increases for cargo containers, due to a supply that has fallen
NEW SHIPS ARE WORTH THE PRICE, MAERSK CHIEF SAYS IN INTERVIEW
Craig Dunlap |
For most of an hour and a half, Alfred B. Ted Ruhly chatted with reporters, parrying criticisms from
Maritime
FAA DRUG POLICY CHALLENGED
Dave Higdon |
Last week's court suit challenging part of the Federal Aviation Administration drug testing guidelin
Air Cargo
CHEMICAL MARKETS FINE CHEMICALS MOVE UP IN PRICE
Shelina Shariff |
On the fine chemical front, iodine, lysine, menthol and stearic acid are rising in price while glyce
MARKET BULLISH FOR SOYBEAN OIL
Susan Buchanan |
Just as traders bought into copper and foreign currency futures in a big way in 1987, they have now
INTERNATIONAL CALENDAR
JOC Staff |
Afghanistan After the Accords: First-hand Impressions from Kabul and Moscow. May 31. The Lotus Club,
Maritime
STATES INVADE TAIWAN IN SEARCH OF BUSINESS
Paul Mooney |
Recently reported plans by Maryland to open a trade office in Taiwan highlight the government's bid
Maritime
ITALY SELECTS BIOSPHERICS' SYSTEM
Journal of Commerce Staff |
Biospherics Inc. announced that the Italian government has selected its PhoStrip process for phospho
NEW YORK REGIONAL PRICES JUMP
(Ap) |
Prodded by rising produce and apparel costs, the consumer price index for the New York area jumped 0
MCGRAW-HILL SELLS JAPANESE VENTURE
(Ap) |
McGraw-Hill Inc. says it sold its 49 percent interest in Nikkei/McGraw-Hill Inc., joint venture publ
CLARIFICATION CORRECTION
JOC Staff |
Vernon Farriba, executive vice president of the Southern Motor Carriers Rate Conference said there w
Rail News
AMERICAN-BA TICKET CASE ADJOURNED
Journal of Commerce Staff |
The hearing in the London High Court in which American Airlines is seeking an immediate temporary in
Air Cargo
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