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FREIGHT RATE FUTURES
JOC Staff |
March 22, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
COST OF CREDIT
JOC Staff |
Tue, March 22, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PEOPLE - FINANCIAL
From Wire and Staff Reports |
DAIWA SECURITES AMERICA (New York) Yuichi Kohashi was named senior vice president for Japanese equit
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
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
GE RECALLS SURGE SUPPRESSORS
(Ap) |
General Electric is recalling about 45,000 GE and RCA brand electric surge suppressors that could pr
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
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
BUSINESS COSTS LOWER IN NJ THAN IN NY
(Ap) |
The cost of doing business in northern New Jersey is less than in New York City, according to a six-
US CHEMICAL EXPORTS - SHIPMENTS TO WORLD MARKETS
Port Import/Export Reporting Service, PIERS. |
For December 87/86 and Fourth Quarter 87/86 (In metric tons - via ocean) 4th Quarter 4th Q
TOP U.S. CHEMICAL EXPORTS
Source: Port Import/Export Reporting Service, PIERS. |
For December 87/86 and Fourth Quarter 87/86 (In metric tons - via ocean) 4th Quarter 4th Q
ENERGY BRIEFS
From Wire and Staff Reports |
EC Goes to GATT In Oil Tax DisputeThe European Community Tuesday requested approval under th
EASTERN MAY APPEAL SHUTTLE RULING
Journal of Commerce Staff |
Eastern Airlines Tuesday was expected to appeal a federal court decision preventing it from selling
Air Cargo
INLAND BOATMEN'S UNION PROTESTS 'RAIDING' ACTION BY RIVAL UNION
Chris Dupin |
The Inland Boatmen's Union says it is being raided by District 1 of the Marine Engineers Beneficial
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
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
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
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
JAMES KIRK TO RETIRE AS DIRECTOR OF NY PORT
Gloria Joseph |
James J. Kirk, director of the port department at the Port Authority of New York and New Jersey, sai
TINY ALDUS HITS SOFTWARE BONANZA
John Davies |
From the turrets of its 16th century castle in Scotland, a small computer software company based in
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Air France Orders Two Boeing 747sSEATTLE - Air France has ordered two additional Boeing 747s
Air Cargo
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
ANALYSTS QUESTION KCSI BID
Gregory S. Johnson |
Securities analysts aren't sure if investor Howard Kaskel is serious about his announced takeover of
Rail News
UNCTAD ADDRESSES OVERCAPACITY
Frances Williams |
Top shipping officials from 86 countries Tuesday called for international measures to reduce overcap
Maritime
TRUCKING BRIEFS
From Wire and Staff Reports |
NEOAX Completes IU International OfferSTAMFORD, Conn. - NEOAX Inc. said it has completed its
Trucking News
OPEN SHIPPING WORKS FOR ASEAN
Robert F. Morison |
The open, competitive shipping policies of the six countries making up the Association of Southeast
Maritime
CONFLICTING FUNDAMENTALS CLOUD OUTLOOK FOR COFFEE
Knight-Ridder Financial |
The coffee market outlook is uncertain because fundamental factors have created conflicting price tr
LIBERTY MUTUAL ACQUIRES BROKER
Journal of Commerce Staff |
Liberty Mutual Insurance Co. of Boston announced that it has acquired PAMCO Group Inc., a registered
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
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
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
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
JAPANESE COURT FINES TOSHIBA FOR SOVIET SALE
A.E. Cullison |
A Tokyo District Court fined Toshiba Machine Co. the equivalent of $15,750 Tuesday for illegally sel
WORLD TODAY
From Wire and Staff Reports |
Postage Rate Increase To Take Effect April 3The cost of mailing a first-class letter will ju
1987 WAS WARMEST YEAR EVER
Journal of Commerce Staff |
Last year was the world's warmest year on record, capping the warmest decade in a century, three gro
TOTAL UNIT TO PURCHASE CSX SUBSIDIARY
Journal of Commerce Staff |
CSX Corp. signed an agreement to sell its oil and gas subsidiary for $612 million. CSX Oil &
CONCERNED WITH DEREGULATION, SWISSAIR SEEKS EC AFFILIATION
Ira Breskin |
Concerned that it could suffer under industry deregulation in Europe, Swissair is promoting a number
Air Cargo
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