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MARKETS & MONEY THE WRONG REASON FOR TRADE BILL VETO
Albert L. Kraus |
Has President Reagan made a colossal error by hanging his promised veto of the trade bill almost sol
FINANCIAL BRIEFS
Wire and Staff Reports |
Fuji Bank Negotiating Primary Dealer StakeLONDON - Kleinwort Benson Ltd. said it has been ne
FORD HIRING NEW WORKERS ONCE AGAIN
(Ap) |
Ford Motor Co., which earned industry-record profits in 1987 and in the first quarter of 1988, is hi
TRAFFIC BRIEFS
From Wire and Staff Reports |
Kansas City Southern Continues to Pursue SPKANSAS CITY, Mo. - Kansas City Southern Industrie
Trucking News
GROUP TARGETS HEAVY BOXES
Gloria Joseph |
Overweight shipping containers must be put on a diet. That's the edict from the Bi-State Harbor Carr
Maritime
FED GOVERNOR OPTIMISTIC ON STABILITY OF THE DOLLAR
Mark Magnier |
Federal Reserve Governor H. Robert Heller said the U.S. dollar will not suffer a long-term slide so
CHINESE, JAPANESE JOIN FORCES TO EXTRACT, REFINE RARE EARTH
Noel Fletcher |
Japan and China have reached a significant agreement to jointly extract, refine and use rare earth.<
EXECUTIVES VIEW POSTAL AUTOMATION TECHNOLOGY
(Ap) |
Postal executives from around the world converge on Washington this week to meet a clerk that never
Air Cargo
GAUGHAN CITES FAR EAST INROADS
Robert F. Morison |
Maritime Administrator John A. Gaughan reports progress in dealing with shipping obstacles in the Fa
Maritime
ELECTRIC CAPACITY OK FOR SUMMER IN MOST OF US
Journal of Commerce Staff |
The United States' electric generating capacity is expected to be adequate to meet expected peak dem
COAL BRIEFS
From Wire and Staff Reports |
Chinese Mine Fire Lasts 16 MonthsBureaucratic negligence and cover-ups have allowed a coal m
SAUDI ARABIA PLANS TO CUT ARAMCO-US LEGAL TIES
(Ap) |
Saudi Arabia is drafting a new charter for Arabian-American Oil Co., cutting its legal ties to the U
DOLLAR FIRMS ON FED 'SNUGGING'
Knight-Ridder Financial |
The U.S. dollar was mixed Monday after firming on the Federal Reserve's announcement of customer rep
COST OF CREDIT
JOC Staff |
Mon., May 9, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
JAPANESE SEEN BOOSTING US CAR MARKET SHARE
(Ap) |
Japanese automakers will claim a larger share of the U.S. automobile market without having to boost
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1387.0 (May 8, 1988) Previous day - 1375.5 The Baltic International Freight Futures Exchange
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 9, 1988 Baltic International Freight Futures ExchangePrev.Close High Lo
Maritime
COMPANIES OUTLINE PROPOSALS TO BUILD FLA. HIGH-SPEED TRAIN
(Ap) |
Four companies seeking to build a state-of-the-art transportation system in Florida's congested corr
Rail News
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -0.40
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Sharp Price Rises Spur Panic Buying in ChinaSharp price rises and fears that prices will con
Maritime
PLANT-CLOSING ISSUE PUZZLES EUROPEANS
(Ap) |
The debate in Washington over a bill requiring a company to give 60 days' notice before closing a pl
Maritime
CUSTOMS' AUTOMATION PLAN ANGERS SHIP INDUSTRY
Tony Seideman |
The U.S. Customs Service has created unity out of discord with recent automation proposals that have
INSURANCE BRIEFS
From Wire and Staff Reports |
Fireman's to Sell Unit To Winterthur GroupNOVATO, Calif. - Fireman's Fund Insurance Cos. and
AIRPORT OVERCROWDING STIRS DEBATE OVER PRIORITIES
(Ap) |
A Boston effort to relieve runway congestion by increasing landing fees for small planes is evolving
Air Cargo
GREECE EXPECTED TO APPROVE TAX INCENTIVES FOR SHIPOWNERS
Victor Walker |
The Greek Merchant Marine Ministry is expected to endorse substantial tax incentives for Greek-owned
Maritime
INSURANCE EARNINGS
JOC Staff |
CNA Reports Increase In Operating IncomeCNA Financial Corp. reported that net operating inco
CUSTOMS UPDATE
Customs Update is based on reports from U.S. Customs Service |
NON-FILING OF ENTRY SUMMARY PENALTY ISSUANCE - LOS ANGELES DISTRICT. This month, non-file penalty ca
Maritime
REPUTED DOCK BOSS MISSING
Journal of Commerce Staff |
John DiGilio, reputed boss of the Hudson County waterfront in New Jersey, was reported missing.<
Maritime
CONGRESSMAN ATTACKS ERRORS IN ESTIMATING FARM PROGRAM COSTS
(Ap) |
Congress knows that Agriculture Department estimates of farm program costs cannot be trusted, and th
EXPORT BRIEFS
Wire and Staff Reports |
US May Investigate Japan's Citrus QuotasFlorida citrus producers asked the Reagan administra
Maritime
PEOPLE - IMPORTS
Wire and Staff Reports |
HILL & KNOWLTON INC. (London) - Claudio Belli was named president and chief executive officer of Hil
Maritime
ITALY, HUNGARY PROMOTE TRADE THROUGH TRIESTE
John Perrotta |
The governments of Italy and Hungary signed an agreement recently that will encourage the flow of go
Maritime
CHEMICAL EARNINGS
From Wire and Staff Reports |
Hoechst Parent Posts 19.5 percent Rise in NetSOMERVILLE, N.J. - Hoechst AG, the West German-
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
IRAQ BUILDS NEW OIL PIPELINE TO BOOST STRATEGIC POSITION
(Ap) |
Iraq is building a new pipeline that will increase its ability to export oil through either Turkey o
MARITIME BRIEFS
From Wire and Staff Reports |
R.F. Keihm Establishes New Maritime AgencyRobert F. Keihm has announced the formation of Kei
Maritime
LAWYER SAYS CALIFORNIA FIRMS MISSING BOAT ON SOVIET MARKET
Bill Mongelluzzo |
While most trade promotion interests in California concentrate on expanding the state's already boom
HOUSTON OFFICE MARKET TURNS UP
(Ap) |
The worst is over for Houston's ailing office market, and a long-term recovery is gaining momentum t
THE ECONOMY FINANCIAL MANAGERS FORECAST ECONOMIC GROWTH FOR ONE YEAR
(Ap) |
Corporate financial managers expect continued economic growth for at least 12 more months, but many
MIDEAST AIR CARGO GETS CLOSE SCRUTINY FOR ILLEGAL DRUGS
Mark Magnier |
Express courier services fighting to keep drugs and other contraband out of their systems say the le
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