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FREIGHT RATE FUTURES
JOC Staff |
March 29, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BALTIC FREIGHT INDEX
JOC Staff |
1630.0 (March 29, 1988) Previous day - 1641.5 The Baltic International Freight Futures Excha
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
Second 737-400 Joins Boeing Test ProgramA second 737-400 has joined Boeing Commercial Airpla
Air Cargo
SEAWAY OPENS 30TH SEASON
Leo Ryan |
The 30th season on the St. Lawrence Seaway opened Tuesday morning with Canadian Great Lakes carriers
Maritime
US RESTRICTIONS ON CARRIER STAKE MAY BE ALTERED
Dave Higdon |
The legal limits on foreign ownership in U.S.-flag airlines may need to change as the lines between
Air Cargo
PEOPLE - MARITIME GENERAL STEAMSHIP NAMES WATTERWORTH
Wire and Staff Reports |
General Steamship Corp. announced the promotion of Scott Watterworth to executive vice president and
Maritime
INDIA PLANS TO SET UP NEW BOX UNIT
Journal of Commerce Special |
The government is proposing to establish a new corporation to run inland container depots and contai
Maritime
JAPANESE ECONOMISTS SEE 90 YEN TO DOLLAR BY '90
A.E. Cullison |
Leading Japanese economists and monetary specialists predict an exchange rate of between 90 and 110
MALAYSIA'S ECONOMY FORECAST TO GROW 5 PERCENT
P.T. Bangsberg |
The economy of Malaysia should see 5 percent growth in real gross domestic product this year, up fro
HUTCHISON WHAMPOA PROFITS RISE 14 PERCENT
P.T. Bangsberg |
Another of Hong Kong's diversified conglomerates reported Tuesday it enjoyed higher profits in 1987
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
Medical Product Firms Sign Marketing PactBio-Medicus Inc. and Medtronic Inc. announced Tuesd
Maritime
SOVIET DESIGNERS INTERESTED IN US TIES
Journal of Commerce Staff |
Soviet fashion designers are looking for U.S. apparel manufacturers interested in producing and mark
Maritime
FORM UNITED MARKET, EC URGED
(Ap) |
The 12-nation European Community loses at least $250 billion a year in extra costs and lost economic
Maritime
PEOPLE - IMPORTS SEARS NAMES BUCKARDT EXECUTIVE VP, MARKETING
Wire and Staff Reports |
Sears, Roebuck and Co. appointed Everett L. Buckardt as executive vice president, catalog and direct
Maritime
EMERGING MARKETS DATA BASE UNVEILED
Journal of Commerce Staff |
The International Finance Corp. Tuesday released the first of what will be a series of fact books on
NEW PRODUCTS COMPONENT INSPECTION SYSTEM UNVEILED IN UK
JOC Staff |
A British company has developed a two-dimensional component-inspection system suitable for measuring
Maritime
US FINANCIAL, REAL ESTATE MARTS ATTRACT NEW CHINESE COMPANY
Noel Fletcher |
A new subsidiary of China's most powerful investment entity is taking aim at U.S. real estate and fi
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Congress May Extend Caribbean Trade PactCongress could approve legislation this session to e
Maritime
PEOPLE - FINANCIAL
Wire and Staff Reports |
BANK LEUMI TRUST CO. OF NEW YORK (New York) - Richard C. Kane was named president and chief operatin
FINANCIAL BRIEFS
Wire and Staff Reports |
World Bank Seeks 17 New Bond Sale AgentsWASHINGTON - The World Bank is asking 14 U.S. compan
CANADIANS URGE BRITISH TO REJECT PLAN TO LABEL FURS
(Ap) |
Canadian native leaders are lobbying in London this week in an effort to persuade the British govern
Maritime
NEW SEASON FAILS TO SHAKE APPAREL RETAILERS FROM SLUMP
(Ap) |
Spring is supposed to be a time of rebirth and renewal, but the new season finds apparel retailers s
Maritime
COST OF CREDIT
JOC Staff |
Tue., March 29, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
CANADIAN BANK TO BUY US FIRM
Knight-Ridder Financial |
The Federal Reserve Board approved an application by Royal Bank of Canada, Montreal, to acquire Domi
TRINIDAD PLANS TO SELL AILING STATE COMPANIES
Canute James |
The Trinidad and Tobago government is restructuring and divesting several of its 67 state enterprise
STEEL FACES UPHILL BATTLE ON IMPORTS
Reed Karaim |
The iron and steel industry builds bridges, ships and skyscrapers that last decades, but it has trou
TRADE, FINANCE FLOWS AT ROOT OF LDC DEBT
Knight-Ridder Financial |
Ultimately, the lesser developed country debt crisis is a problem of trade and financial flows, Fede
LEADING ECONOMIC INDICATORS ADVANCE 0.9 PERCENT
John Boyd |
The government's main tool for estimating future economic strength rose in line with expectations, s
SALES OF NEW HOMES ROCKETED IN FEBRUARY
Journal of Commerce Staff |
Sales of new single-family homes surged in February after falling for months, the government reporte
PROVIDENT MUTUAL NET WORTH SHRINKS
Knight-Ridder Newspapers |
Though Provident Mutual Life Insurance managed a $3 million profit from its operations last year, th
PENNSYLVANIA LEGISLATORS PLAN TO FORM AUTO INSURER
Journal of Commerce Special |
Four state legislators are working to create a mutual insurance company that they say would offer au
REPORT SAYS SLOWDOWN COULD SPARK RECESSION
Knight-Ridder Financial |
Recent growth in the U.S. economy is beginning to abate and may lead to a recession by early 1989, a
PEOPLE - INSURANCE
From Wire and Staff Reports |
ALLSTATE INSURANCE CO. (Northbrook, Ill.) - Lawrence H. Williford was named senior vice president an
US, JAPAN STRIKE AN AGREEMENT ON PUBLIC WORKS PROJECTS
Keith M. Rockwell |
The United States and Japan Tuesday reached an accord on opening the Japanese public works market to
GORE KICKS OFF PRIMARY CAMPAIGN IN NEW YORK
John Maggs |
Sen. Albert Gore Jr. kicked off his presidential primary campaign in New York Tuesday by offering hi
4 MORE STATES DEBATE JOINING ANTITRUST SUIT
(Ap) |
Representatives of four states met with New York officials Tuesday to discussthe antitrust lawsuits
CALIFORNIA AUTO INSURERS WARNED: WATCH YOUR STEP
(Ap) |
Backers of an insurance reform initiative hauled a truckload of manure to a major car insurer, but w
HOW FREIGHT FORWARDERS CAN CUT EXPOSURE TO LOSS
Mark Magnier |
Thomas R. Denniston, vice president and general counsel with Bradshaw & Associates, cited several st
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center Network |
HOW TO USE: These trade leads are supplied through the World Trade Center NETWORK, a service
Maritime
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