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TURMOIL IN PANAMA BEGINS TO AFFECT CANAL
Journal of Commerce Staff |
Panama's internal turmoil seems to be affecting the Panama Canal more directly but without interrupt
Maritime
COMMISSION REJECTS POSTAL DISCOUNT PLAN
Ira Breskin |
The U.S. Postal Service effort to make its domestic overnight Express Mail service more competitive
Air Cargo
ENGLISH CHINA TO PURCHASE CYPRUS CARBONATE FACILITIES
Journal of Commerce Staff |
Cyprus Minerals Co. has signed a letter of intent to sell its calcium carbonate facilities in Alabam
JUSTICE OPPOSES CONTRACT LIMITS
Robert F. Morison |
Shippers and the Justice Department lead the opposition to letting ocean carrier conferences limit m
Maritime
CHEMICAL BRIEFS
Wire and Staff Reports |
Duramed Intends To Purchase InvamedDuramed Pharmaceuticals Inc., Cincinnati and Invamed Inc.
SEA RESCUE IN BRITAIN IS A MATTER OF TRADITION
TOM McNIFF Jr. |
The Royal National Lifeboat Institution - the surface leg of Britain's maritime lifesaving triad - i
CONNECTICUT TO EXAMINE UNINSURED AUTO ISSUE
Journal of Commerce Special |
The Connecticut Insurance Department will hold a public hearing March 30 on an Insurance Services Of
LUXEMBOURG BANK OPENS TAIPEI BRANCH
Journal of Commerce Special |
Bank of Credit and Commerce of Luxembourg opened a branch office in Taipei. David H. Rizvi,
COMMODITY BRIEFS
From Wire and Staff Reports |
New Zealand Emerging As US Wheat BuyerWASHINGTON - New Zealand is making inquiries into the
BILLS HELP CALIFORNIA VIE WITH JAPANESE IMPORTS
(Ap) |
One of the biggest exports from California's ports is scrap metal that issent to Japan and r
Maritime
JEWELRY SHOW SETS RECORDS IN HONG KONG
P.T. Bangsberg |
Records for business negotiated and buyers attending were set at last week's second jewelry fair, or
Maritime
ROCKEFELLER SAYS US PROTECTIONISM HAMPERS CARIBBEAN BASIN GROWTH
Journal of Commerce Staff |
A protectionist U.S. trade policy is turning the Caribbean Basin from an outlook of growth and hope
SPOT PRODUCT PRICES
JOC Staff |
March 28, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
PLASTICS CORNER GROCER INTRODUCES BIODEGRADABLE BAG
Journal of Commerce Staff |
Vons Grocery Co. has introduced photodegradable plastic grocery sacks at its San Diego-area stores t
AVIATION INSURER SUES TO RECOVER CRASH COSTS
Paula L. Green |
A U.S. District Court judge in Texas is continuing to hear testimony in the suit Delta Airlines and
MEXICO WILL EXTEND FREEZE ON PESO, PRICES
WILLIAM A. ORME Jr. |
Mexico will extend its freeze on government-controlled prices and the peso's exchange rate through t
PLATINUM PRICE PREDICTING POSES CHALLENGE FOR ANALYSTS
Howard Simon |
Predicting platinum price trends is proving quixotic, some metal analysts suggest to their firm's cl
STRONG DEMAND SPURS NICKEL PRICE RALLY
Knight-Ridder Financial |
The dramatic rally in nickel prices will persist for at least a month on extremely supply tightness
NEW PRODUCTS DEVICE MONITORS HANDS OF GLOVE BOX
JOC Staff |
A British company has developed an Alpha monitor to check the hands of glove- box operators.
Maritime
WORLD TODAY
From Wire and Staff Reports |
Yeutter to Investigate Korean Beef PolicyU.S. Trade Representative Clayton Yeutter said Mond
EARNINGS DOUBLE AT EVERGREEN MARINE
Paul Mooney |
Evergreen Marine Corp., the publicly traded arm of the Evergreen Group, reported that its earnings m
Maritime
GASOLINES PRICES DOWN NATIONWIDE
(Ap) |
The average retail price of gasoline fell again during the past two weeks, although prices were stil
TAIWAN POWER'S TEST BURN OF WYOMING COAL DELAYED
Sam Glasser |
Taiwan Power Corp.'s test burn of coal from Wyoming's Powder River Basin will probably be conducted
HIGH SPILL POTENTIAL SEEN FOR CHEMICAL TRANSFER POINTS
Andrea Chancellor |
Industrial plant transfer points for chemical materials have a great potential for accidents and sho
STEAMSHIP GROUP FIGHTS BACK IN LA.
Marie Prat |
The New Orleans Steamship Association, which took a battering last year in the Louisiana Legislature
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
ASSOCIATED AVIATION UNDERWRITERS (Short Hills, N.J.) - Kevin Hilliard, Carl A. Pfeiffer and Leonidas
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
COMPANIES IN TODAY'S NEWS
JOC Staff |
-A-B-C-D- ABF Freight System Inc. 8BAdvent Euroventures 13BAdvent First L.P. 1
INSURANCE ARM OF EX-IM BANK CAN BE SUED
Leah R. Young |
The nation's highest court is allowing a suit against the insurance arm of Export-Import Bank in a c
ANSCHUTZ OPPOSES INCLUSION IN SOUTHERN PACIFIC SALE CASE
Howard S. Abramson |
Philip F. Anschutz and his Anschutz Corp. asked the Interstate CommerceCommission to reject
Rail News
AGENCY ALLOWS FREIGHT RATES TO INCREASE 4 PERCENT
Leo Abruzzese |
The Interstate Commerce Commission will allow most trucking industry freight rates to rise by about
Trucking News
TRAFFIC BRIEFS
From Wire and Staff Reports |
CSX Announces Plans For Hopper PurchasesCSX Transportation's equipment division will buy 2,0
Trucking News
CAUTION CRUCIAL IN BUYS OF ELECTRONIC SERVICES
Tony Seideman |
Caution is crucial when it comes to buying EDI services, warned speakers at a panel during a seminar
LONG BEACH CLEARS HURDLE FOR LANDFILL WORK
Bill Mongelluzzo |
The land-starved Port of Long Beach has taken a major step toward securing approval for a 147-acre l
Maritime
US TAX LAW THREATENS HONG KONG REGISTRY
P.T. Bangsberg |
Changes in U.S. tax law may destroy Hong Kong's fledgling independent shipping registry before it's
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1641.5 (March 28, 1988) Previous day - 1645.0 The Baltic International Freight Futures Excha
Maritime
JAPANESE CONTRACTS RISE IN VALUE
From Wire Reports |
The value of export and import contracts concluded by major Japanese trading houses rose in February
Maritime
BRAZIL TO AUCTION DISCOUNTED DEBT
Journal of Commerce Special |
Brazil will hold its first debt swap auction today amid concern about the discounts from face value
FINANCIAL BRIEFS
Wire and Staff Reports |
Merrill Lynch Bullish On Asian EconomiesMANILA, Philippines - Asian economies will become st
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
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