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Commentary
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Platts Containers Update
NY CRACKS DOWN ON TAX-EVADING GASOLINE SMUGGLERS
Josh Goldstein |
The arrest Tuesday of two men for alleged gasoline smuggling is part of a state-wide crackdown that
POHANG TO BOOST PURCHASES OF US COAL BY 5 MILLION TONS
Tim Sansbury |
Pohang Iron & Steel Co., South Korea's national steel company, said new agreements reached with U.S.
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -0.03
TEXAS FAST-FOOD CHAIN COOKS UP ASIA PLAN
P.T. Bangsberg |
A Texas fast-food chain that serves up fried chicken, barbecued ribs and other country cooking plans
Maritime
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
PANEL MAPS PLAN TO BOOST PLYWOOD SALES TO CANADA
Journal of Commerce Staff |
A Congressman from Oregon has won a House subcommittee's endorsement of an attempt to make Canada op
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Taiwan May Lift Ban On Imports From ChinaTAIPEI, Taiwan - A government trade organization ha
Maritime
THE ECONOMY NYC CONTINUES LOSING MANUFACTURING OFFICES
From Wire Reports |
Manufacturers who ran their businesses from offices in New York continued moving out of the city in
CHEMICAL EARNINGS HOECHST CELANESE POSTS STRONG RESULTS
Journal of Commerce Staff |
Hoechst Celanese Corp. announced first quarter net income of $72 million on sales of $1.29 billion.<
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
KMA IS NOT A NEW AIRLINE, nor a television station located west of the Mississippi, but shorthand fo
COMPTROLLER BACKS BANKS IN BID TO SELL INSURANCE
Leah R. Young |
Comptroller of the Currency Robert L. Clarke went to bat for the banking industry Thursday, telling
CUSTOMS SEIZES AVIANCA JET USED IN DRUG SHIPMENT
Richard Wallace |
U.S. Customs authorities Wednesday seized an Avianca jetliner at Miami International Airport because
Air Cargo
TEXTRON TO BUILD AIRBUS WING PARTS
Edwin Unsworth |
Textron Aerostructures has won a contract worth at least $700 million to build parts of the wings fo
Air Cargo
SPOT PRODUCT PRICES
JOC Staff |
May 12, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
ENRON OIL TRADING TO BUY TESORO UNITS
(Ap) |
Tesoro Petroleum Corp. will sell its crude oil gathering and transportation divisions to a subsidiar
ENERGY BRIEFS
Wire and Staff Reports |
At $3 or Less, Gas Seen Lasting 35 YearsThe nation has a 35-year supply of recoverable natur
PLASTICS CORNER RESINS OUTPUT ROSE IN FEBRUARY
Journal of Commerce Staff |
Production of plastics resins totaled 3.975 billion pounds in February, up some 10.7 percent from th
SOVIETS' GLOBAL SHIPPING POLICY CRITICIZED AT HOME AND ABROAD
Albert Axebank |
With unusual candor, Soviet maritime experts have sharply criticized their government's internationa
Maritime
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all companies and other operating organizations such as ports mentio
CALIF. LAWMAKERS HIT BATUS PLAN TO TAKE OVER FARMERS INSURANCE
Journal of Commerce Staff |
Several California legislators are urging against a proposed takeover of a Los Angeles-based insurer
IT'S FRIDAY THE 13TH
Christopher Brooks |
- Step on a crack, break your mother's back. Third grade? Earlier? Whatever the age - and th
MARAD APPROVES DRILLING RIG SALE
Journal of Commerce Staff |
The Maritime Administration has approved the sale of three drilling units by Paterson Gulf Coast Dri
Maritime
COST OF CREDIT
JOC Staff |
Thu., May 12, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
LYNG, YEUTTER REFUTE CORN GROUP COMPLAINTS ON US-CANADIAN PACT
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Richard Lyng and U.S. Trade Representative Clayton Yeutter
CHINA ASKS US TO EASE RULES ON IMPORTS
William Armbruster |
China's top economic official called on the United States Thursday to loosen its restrictions on imp
Maritime
SOFT RETAIL MARKET IN THE US CONCERNS HONG KONG TRADERS
Rosalind Rachid |
As he makes his annual whirlwind tour of the United States this week, Jack So, executive director of
Maritime
WESLEY TO FUND MOLECULAR CENTER
Knight-Ridder Newspapers |
The Wesley Foundation said that it would donate $15 million to establish a Center for Molecular Medi
INDUSTRY'S APPETITE FOR CHIPS UP IN US
Michael Feibus |
U.S. computer companies and other semiconductor buyers ordered more than $1.2 billion in chips last
Maritime
GREENSPAN DOESN'T SEE RECESSION ON HORIZON
Kevin Commins |
CHICAGO - Federal Reserve Board Chairman Alan Greenspan does not foresee a recession in the near fut
WORLD TODAY
From Wire and Staff Reports |
Yang Ming Shifts Mid-Atlantic Port CallsThe Port of Hampton Roads continues to prosper at Ba
INSURERS WON'T CUT PERSIAN GULF RATES
James Nolan |
An expanded U.S. military presence in the Persian Gulf may have contributed to a lull in attacks, bu
LUXEMBOURG COURTING US INSURANCE FIRMS
Leah R. Young |
Luxembourg is rolling out the red carpet to U.S. insurance companies looking for a base in the Europ
EARTHQUAKE PROJECT FORMS COVERAGE PLAN
Journal of Commerce Staff |
Insured losses from a major U.S. earthquake could reach $50 billion and result in serious availabili
CONSUMER CONFIDENCE RETURNS, STUDY SAYS
(Ap) |
Consumers' confidence rebounded in April, suggesting consumer spending will remain strong in coming
SHOPPING CART VIDEO WILL PUSH SPECIALS
Rick Ratliff |
Welcome to the Brave New Supermarket. A Chicago-based marketing firm says computer technolog
SPECIAL SECTION: SHIPPING CORP OF INDIA - 25 YEARS OF SERVICE TO NORTH AMERICA, PAGES 1T-8T.
JOC Staff |
TOP STORIES: Shipping Corp. of India marks 25 years of North American service. 1TU.S.-India
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 millionor l
BALTIC FREIGHT INDEX
JOC Staff |
1428.5 (May 12, 1988) Previous day - 1397.5 The Baltic International Freight Futures Exchang
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 12, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
PORT DELI CATERS TO TUG CREWS
Journal of Commerce Special |
When Jim and Donna Moriarty opened their convenience store near the Tulsa Port of Catoosa three year
Maritime
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