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NEW CARGO FLAP WITH ICELAND BREWS
Robert F. Morison |
Another flap over the movement of U.S. defense shipments to Iceland appears to be brewing despite a
Maritime
JAPANESE AVERT DOCKER STRIKE
Rose A. Horowitz |
Japan's major dockworkers' union and management at Japan's major ports reached an agreement earlier
Maritime
DOLLAR RISES ON BOOK-SQUARING
Knight-Ridder Financial |
The U.S. dollar pushed higher Wednesday against all key currencies except the Japanese yen and the C
IMF OFFICIAL CONTENDS MEETINGS WILL PRODUCE NO POLICY CHANGES
Keith M. Rockwell |
The current calm in the developing nation debt situation and in global currency markets will foresta
NY, LOS ANGELES BIGGEST DEBTORS
(Ap) |
New York and Los Angeles are the biggest debtors among American cities, and just eight large communi
TEXAS AIR, EASTERN ARE TARGETS OF PARALLEL GOVERNMENT PROBES
Dave Higdon |
Texas Air Corp. Wednesday became the largest airline company ever targeted for a preliminary Transpo
PLASTICS CORNER THERMOPLASTICS SALES SEEN RISING
Journal of Commerce Staff |
Fueled by suppliers' efforts to replace metals and thermoset plastics, U.S. consumption of engineeri
GREG JOHNSON - MANAGING TRAFFIC
Greg Johnson |
OH JOY! Ed Emmett, director of Tex-Aid, breezed to victory this week in a Republican primary run-off
Rail News
DOE UNDER FIRE ON PLAN TO SELL GASIFICATION PLANT
Tim Sansbury |
Rep. Phil Sharp, D-Ind., said Wednesday he is concerned the Energy Department is so anxious to unloa
HAINAN - ASIA'S 5TH TIGER?
(Ap) |
China has long-range plans to turn Hainan Island, its newest province, into a fifth tiger in Asia, g
Maritime
BOEING BLAMES DEFECTS ON ASSEMBLY PROBLEMS
John Davies |
Defects being uncovered in Boeing Co. jetliners are largely the result of hiring thousands of new wo
Air Cargo
BRITISH AIRWAYS CHAIRMAN FORESEES POSSIBILITY OF FURTHER EXPANSION
Edwin Unsworth |
With his controversial takeover of British Caledonian Airways due to be finalized this week, Lord Ki
Air Cargo
EDI BRIEFS
Wire and Staff Reports |
ACS, Pansophic Strike Joint Marketing DealCONCORD, Calif. - ACS Network Systems Inc. has cut
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FINANCIAL BRIEFS
Wire and Staff Reports |
World Money System With Penalties UrgedPARIS - Bank of France Gov. Jacques de Larosiere Wedn
COCOM REVIEWS CURBS ON TECHNOLOGY EXPORTS
Barbara Casassus |
The export-control agency Cocom is meeting in Paris this week to review enforcement of curbs on stra
SHUTTLE FLIGHT WILL CARRYNEW SATELLITE INTO SPACE
JOC Staff |
An improved version of the big communications satellite destroyed aboard the Challenger will be ship
CHEMICAL MARKETS
Journal of Commerce Staff |
BASF Increases Antifreeze PricePARSIPPANY, N.J. - BASF Corp. Chemicals division increased th
MOBIL NORTH SEA MAKES GAS FIND
Journal of Commerce Staff |
Mobil Oil Corp.'s British affiliate drilled a successful gas appraisal well in the U.K. Southern Gas
JAPANESE INDUSTRY URGED TO CURB RISE OF ANTI-NUCLEAR SENTIMENT
A.E. Cullison |
State Minister for Science and Technology Soichiro Ito warned executives of Japan's nuclear energy i
CONSUMERS POWER POSTS SALES RISE
Journal of Commerce Staff |
Consumers Power Co. said first-quarter electric sales increased 7.4 percent over sales in the first
INSURANCE BRIEFS
From Wire and Staff Reports |
Arab Reinsurers Group Formed for IndustryMANAMA, Bahrain - Ten Middle Eastern reinsurers for
JAPANESE MINISTER WOULD HALT IMPORTS OF S. AFRICAN COAL
A.E. Cullison |
Foreign Minister Sosuke Uno disclosed Wednesday he is urging Japan's semigovernmental Electric Power
Maritime
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
SECURITY PACIFIC EXPANDS GLOBAL PRESENCE
Bill Mongelluzzo |
Security Pacific Corp., like other major U.S. banks with international exposure, had to dig deeper i
SEA-LAND SHIP ARRIVES EARLY IN BOSTON PORT
TOM McNIFF Jr. |
The Sea-Land Atlantic arrived here a day early in the start-up of Sea-Land Service Inc.'s new joint
Maritime
FREIGHT RATE FUTURES
JOC Staff |
April 13, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
SAFETY CHIEF SEES NEED TO RETAIN FAA-TRANSPORT DEPARTMENT LINK
Dave Higdon |
The nation's chief transportation safety advocate continues to support keeping the Federal Aviation
Air Cargo
AIR CANADA SALE WILL FACILITATE FLEET RENEWAL
Leo Ryan |
The planned partial sale of state-owned Air Canada will allow it to plan for fleet renewal, said Air
Air Cargo
RETAIL SALES GAIN SHARPLY
(Ap) |
Retail sales, spurred by gains at department stores and auto showrooms, rose a strong 0.8 percent in
CORRECTION CLARIFICATION
JOC Staff |
In a story in Wednesday's edition on West German oil imports, the main source was the German Oil Ass
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ECONOMISTS PUZZLE OVER IRONIES SEEN IN CONSUMER DEBT SITUATION
(Ap) |
American consumers are borrowing more, but monthly repayments have not been growing more difficult a
NEWS SUMMARY
JOC Staff |
AVIATION Two parallel actions against Texas Air and Eastern Airlines continues questions abo
RAILS WIN CONCESSION IN COAL SLURRY BILL
Howard S. Abramson |
An amendment to a bill approved by a Senate committee, granting federal eminent domain powers for th
EC PLAN WOULD AID AILING YARD REGIONS
(Ap) |
The European Community Commission Wednesday proposed to grant $246 million over the next three years
Maritime
PLASTICS CORNER OCCIDENTAL, SOVIETS AGREE ON PVC JOINT VENTURE DEAL
Charles Thurston |
Occidental Petroleum Corp. on Wednesday signed a joint venture agreement with the Soviet government
CHEMICAL BRIEFS
From Wire and Staff Reports |
Ropak Corp. Proposes Acquisition of VulcanVulcan Packaging Inc. announced that it received a
PEOPLE - INSURANCE
JOC Staff |
NATIONWIDE INSURANCE CO. (Columbus, Ohio) - D. Richard McFerson was named president of this multilin
SPECIALTY STEEL PRODUCTION CAPACITY RISES
Journal of Commerce Staff |
Production capacity for U.S. makers of stainless and alloy tool steel products rose 5 percent in 198
Maritime
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