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PA. FIRMS GET AWARDS FOR EXPORTS
Journal of Commerce Staff |
Gov. Robert P. Casey presented the 1988 Governor's Export Awards to six companies for outstanding ac
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Visa, Sony Join Pepsi In Soviet TV Ad DealVisa, a credit card provider, and Sony Corp., the
Maritime
STAFFERS WORRY US-CANADA BILL MOVES TOO FAST
Keith M. Rockwell |
The legislation to implement the U.S.-Canada trade accord is moving briskly through Congress, but st
INTEREST CHARGES SPARK ORIENT OVERSEAS LOSS
P.T. Bangsberg |
Orient Overseas (Holdings) Ltd. reported an operating profit of US$61.5 million in the year ended la
Maritime
TRAFFIC BRIEFS GLI GETS ICC NOD ON TRAILWAYS PURCHASE
From Wire and Staff Reports |
The Interstate Commerce Commission Tuesday approved GLI Acquisition Co.'spurchase of Trailwa
Rail News
PACCAR CHALLENGES NAVISTAR LEAD IN HEAVY TRUCKS
Michael S. Lelyveld |
The battle for the heavy-truck industry's top spot flared up again in April as Paccar Inc. raised it
Trucking News
TRUCK FREIGHT TONNAGE RISES, RATES STILL UNDER PRESSURE
Leo Abruzzese |
Freight volume rose sharply in the first quarter for several of the nation's larger trucking compani
Trucking News
BP AMERICA POSTS RISE IN FIRST QUARTER PROFIT
Journal of Commerce Staff |
BP America Inc. said its first quarter operating profit was $576 million, upfrom $507 millio
JAPAN EXPECTED TO BUY MORE OIL
Knight-Ridder Financial |
Japan's oil companies are expected to import an additional 100,000 to 200,000 barrels of oil a day i
US AND USSR PLAN TO PROBE OZONE LAYER
(Ap) |
Soviet and American aircraft will make a series of flights through a large hole in the Earth's prote
QUANTUM UNIT TO EXPAND ITS CAPABILITY FOR R&D
Journal of Commerce Staff |
Quantum Chemical Corp.'s USI division has announced plans to build a $32million centralized research
PEOPLE - CHEMICALS
From Wire and Staff Reports |
ALLIED SIGNAL INC. (Morris Township, N.J.) - John W. Barter was appointed senior vice president, pla
W. INDIES CONFERENCE FREEZES RATES
Canute James |
After several months of discussion, a major shipping conference has told Caribbean shippers it will
Maritime
NARROWER TRADE GAP SPARKS DOLLAR SURGE
Knight-Ridder Financial |
The U.S. dollar rose 1.4 percent against the West German deutsche mark and 0.8 percent against the J
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
LUMBER FIRMS SEE '88 BIT SLOWER BUT STILL GOOD
Journal of Commerce Staff |
Surging exports will help the U.S. forest products industry to have a good year in 1988, even though
PEOPLE - FINANCIAL
Wire and Staff Reports |
BANK LEUMI TRUST CO. OF NEW YORK (New York) - Ira Newman and John D. Nork were named senior vice pr
US EXPECTS FAST RISE IN VALUE OF EXPORTS
Barbara Casassus |
The U.S. government expects export values to increase four times faster than import values, Commerce
Maritime
US STEEL PRODUCERS ARE RIDING THE CREST OF A DEMAND WAVE
(Ap) |
After drifting through the shoal water of the early 1980s and sometimes running aground, American st
THE ECONOMY PURCHASERS FORECAST RISE IN EXPORTS, CAPITAL SPENDING AND HIGHER PRICES
Journal of Commerce Staff |
U.S. exports will rise faster and imports only moderately while businesses increase capital spending
KEY STANDARDS GROUPS SEEK TO RESOLVE ROLES
Tony Seideman |
The people who make EDI work have begun to try communicating with as much clarity as their computers
ICC WANTS MORE STUDY ON TRAILER TRAIN REQUEST
Howard S. Abramson |
The Interstate Commerce Commission Tuesday decided not to grant Trailer Train Co.'s request for an e
Rail News
RAIL SAFETY AWARDS PRESENTED
Journal of Commerce Staff |
The top Edward H. Harriman Memorial Awards for 1987 for the safest railroads in the the country were
Rail News
LILCO SCRAMBLES FOR POWER
John Maggs |
As state officials try to wrap up plans to close Long Island Lighting Co.'s Shoreham nuclear plant,
COMPANIES WANT SECRECY FOR ALASKA TEST RESULTS
Marita Van Oldenborgh |
Chevron U.S.A. and Standard Alaska Production Co. have gone to court to try to keep secret the test
PETROCHEMICAL COMPLEX IN SINGAPORE TURNS PROFIT
P.T. Bangsberg |
For the first time since its opening in 1984, Singapore's petrochemical complex is in the black, rep
PLASTICS CORNER
Journal of Commerce Staff |
Thiokol Hikes Additive PricesThe Ventron division of Morton Thiokol Inc. is raising prices f
CARACAS URGED: SEEK DEBT RELIEF
(Ap) |
Business leaders called on the government to renegotiate the repayment terms on the nation's $32 bil
FINANCIAL BRIEFS
Wire and Staff Reports |
Monetary Ease Abroad Needed to Prop DollarSAN FRANCISCO - Sustained monetary ease abroad may
EC DROPS PENALTY AGAINST JAPANESE FIRM
Bruce Barnard |
The European Community dropped anti-dumping duties on electronic typewriters assembled at a Japanese
Maritime
NEW DANISH GOVERNMENT LIKELY TO KEEP NATION'S BELT TIGHT DESPITE ECONOMIC WOES
Erich E. Toll |
Denmark's new government is unlikely to change the course of the nation's economy, despite its deep
LIFE INSURERS AND AGENTS AGREE TO SUPPORT THE SAME TAX RULES
Leah R. Young |
Life insurers and insurance agents groups have agreed to support modification of tax law applied to
PORTS' PLAN TO OFFER RAIL SERVICE SPARKS DEBATE IN CALIFORNIA
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach may be getting into the railroad business. What's more, they
PEOPLE - AVIATION
From Wire and Staff Reports |
RYDER SYSTEM INC. (Miami, Fla.) - William A. Baum was named vice president, finance and chief financ
Air Cargo
THREE TRENDS SEEN WORRISOME
Journal of Commerce Staff |
Finding people to keep their machines running will be the biggest challenge managers of computer sys
BALTIC FREIGHT INDEX
JOC Staff |
1452.0 (May 17, 1988) Previous day - 1446.0 The Baltic International Freight Futures Exchang
Maritime
DOCKWORKERS PROTEST SHIP CREW OPERATION AT PORT OF HOUSTON
Chris Dupin |
Traffic at the Port of Houston was disrupted onSaturday and Monday by a wildcat strike by dockworker
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 17, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
SPOT PRODUCT PRICES
JOC Staff |
May 17, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
CERAMICS ALL FIRED UP FOR 7 PERCENT ANNUAL GROWTH
Journal of Commerce Staff |
World demand for electronic ceramics is forecast to grow an estimated 7 percent a year over the next
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