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Commentary
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PEOPLE - TRANSPORT
From Wire and Staff Reports |
METROMAIL (Chicago) - Robert K. Sher was named to the new position of executive vice president. He w
Trucking News
P-I-E NATIONWIDE SEEKS EMPLOYEE PROFIT-SHARING
Leo Abruzzese |
P-I-E Nationwide Inc. is asking the Teamsters union to approve creation of an employee profit-sharin
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
1647.5 (March 22, 1988) Previous day - 1640.0 The Baltic International Freight Futures Excha
Maritime
NEW TRUCK LICENSE RULES DRAW FIRE FROM FARMERS
JOC Staff |
The Federal Highway Administration reports that it is being inundated with complaints from farmers u
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
March 22, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
DOCKER CONCESSIONS POSSIBLE IN PENSACOLA
Marie Prat |
A steamship association official says a non-union stevedore's plan to operate in the Port of Pensaco
Maritime
CUSTOMS TO LOWER INTEREST ON DUTIES
Journal of Commerce Staff |
The Customs Service will lower by one percentage point the interest on underpayment and overpayment
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Staff |
Tue, March 22, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DOLLAR MART GETS LITTLE GUIDANCE FROM REPORT ON DURABLE GOODS
Knight-Ridder Financial |
The U.S. dollar traded higher in quiet, but trendless trading Tuesday. Analysts said trading
COMMODITIES FUTURES ATTRACT INVESTMENT FROM PENSION FUNDS
Kevin Commins |
The Detroit Retirement System is allocating more money to futures trading following positive results
JAPANESE WARY OF OPTIONS MART
Knight-Ridder Financial |
Japan Tuesday opened overseas options trading to 332 additional banks and companies, but little imme
PEOPLE - FINANCIAL
From Wire and Staff Reports |
DAIWA SECURITES AMERICA (New York) Yuichi Kohashi was named senior vice president for Japanese equit
CONFLICTING FUNDAMENTALS CLOUD OUTLOOK FOR COFFEE
Knight-Ridder Financial |
The coffee market outlook is uncertain because fundamental factors have created conflicting price tr
FINANCIAL BRIEFS
Wire and Staff Reports |
Iran Makes Payment On Argentine WheatBUENOS AIRES, Argentina - Iran paid Argentina for 50,00
BANK OF AMERICA SIGNS CHINA PACT
JOC Staff |
Bank of America signed a business cooperation agreement with China Trust and Investment Corp. for Fo
ARGENTINE TRADE PROSPECTS DIM
Jeremy Morgan |
Questions swirl around Argentina's economic prospects even after the International Monetary Fund app
PEOPLE - INSURANCE
From Wire and Staff Reports |
EQUITABLE LIFE ASSURANCE SOCIETY OF THE U.S. (New York) - Joseph W. Keane was named vice president,
SENATE TO TRY TO HALT DEBATE ON NOTIFICATION OF HEALTH RISK BILL
LEAH R. YOUNG Journal of Commerce Staff |
The Senate today will attempt to end a filibuster against employee health risk notification legislat
ARE INDUSTRY REGULATORS TO BLAME?
Russ Banham |
State regulators of the insurance industry are responsible for overseeing insurance company practice
ANTITRUST SUIT STUNS INSURERS, REGULATORS INSURERS SHOCKED OVER ALLEGATIONS
Cristina Lee |
Most of the major insurance companies were caught unaware when news of the impending antitrust suits
KENNEDY UNVEILS LONG-TERM CARE PLAN
Leah R. Young |
Sen. Edward Kennedy, D-Mass., chairman of the Senate Labor and Human Resources Committee, Tuesday un
INSURANCE BRIEFS
From Wire and Staff Reports |
Municipal Cover Pool Proposed in NJTRENTON, N.J. - A statewide insurance pool for communitie
FRANCE'S MITTERRAND TO SEEK SECOND TERM AS PRESIDENT
(Ap) |
President Francois Mitterrand said Tuesday he will seek a second term, ending months of speculation
LIBERTY MUTUAL ACQUIRES BROKER
Journal of Commerce Staff |
Liberty Mutual Insurance Co. of Boston announced that it has acquired PAMCO Group Inc., a registered
GE RECALLS SURGE SUPPRESSORS
(Ap) |
General Electric is recalling about 45,000 GE and RCA brand electric surge suppressors that could pr
MID-INCOME COUNTRY DEBT TO BE FOCUS OF TALKS
Journal of Commerce Staff |
The debt payment problems of the mid-income developing nation is likely to be the main issue at next
JAPAN TALKS SEEN NO-WIN SITUATION
Keith M. Rockwell |
The selection of Michael B. Smith, deputy U.S. trade representative, to lead U.S. negotiations this
WEST GERMAN CABINET OKS MAJOR TAX REFORM PACKAGE
From Wire Reports |
The West German Cabinet Tuesday approved a 20 billion deutsche mark (US$11.7 billion) tax reform pac
Maritime
PEOPLE - TRADE KAWASAKI TO HEAD MITSUBISHI ELECTRONICS
Wire and Staff Reports |
Mitsubishi Electric Co. appointed Masatoshi Kawasaki president of Mitsubishi Electronics America Inc
Transport, Trade and Regulation News
INTERNATIONAL BRIEFS
Wire and Staff Reports |
H.J. Heinz Acquires Botswana Soap GroupH.J. Heinz Co. has purchased Kgalagadi Soap Industrie
Transport, Trade and Regulation News
EXPORT BRIEFS
Wire and Staff Reports |
Computer Firm Plans Office in W. GermanyMUNICH, West Germany - Corporate Software Inc. of We
Maritime
BRAZIL OUTLAWS PRODUCTION OF ALLEGED COMPUTER COPY
James Bruce |
Brazil took another step toward easing trade tensions with the United States this week by officially
Maritime
BEST WESTERN PLANS HOTEL PUSH IN ASIA
(Ap) |
Best Western is trying to become Best Eastern as well. The Phoenix-based hotel company says
Maritime
CUSTOMS BROKERS' ROLES HELD VITAL
Bill Mongelluzzo |
Reports of the demise of the customs broker and freight forwarder have been greatly exaggerated, som
Maritime
TRADE FAIRS
From Wire and Staff Reports |
The Annual Hong Kong Jewelry Show. March 23-26. Hong Kong Exhibition Centre in Hong Kong sponsored b
Maritime
CUSTOMS LIFTS DUTIES ON FOREIGN DISK DRIVES
G. Pascal Zachary |
Maxtor Corp. of San Jose said this week the U.S. Customs Service has lifted duties on hard disk driv
Maritime
PEOPLE - IMPORTS K MART NAMES PERSONNEL FOR VENTURE
From Wire and Staff Reports |
K mart Corp., the world's second-largest retailer, announced Jack D. Guthrie will head the company's
Maritime
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