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14 GARMENT EXPORTERS IN JAMAICA FACE CLOSURE
Canute James |
The Jamaican government has ordered an audit of 14 garment companies that produce for the U.S. marke
Maritime
BUYING IN ROMANIA
JOC Staff |
Traditional Exports Petroleum, fertilizer, meat, chemicals, steel, tractors, drilling equipm
Maritime
NEW HOME SALES DROP 9 PERCENT
(Ap) |
Sales of new homes plunged 9 percent in January, pushing the level of sales activity to its lowest p
PYRO ENERGY ADDS JIM SMITH TO KY. HOLDINGS
Tim Sansbury |
Pyro Energy Corp., one of the most aggressive producers and marketers of Illinois basin coal, has pu
HONG KONG'S NEW BUDGET WILL CUT TAXES, HIKE DUTIES ON FUEL, TOBBACCO, ALCOHOL
P.T. Bangsberg |
Business and individuals get tax breaks in the budget for 1988-89 unveiled Wednesday by Financial Se
Maritime
STEADY DECLINE EXPECTED IN WEST GERMAN OIL USE
Erich E. Toll |
West German oil consumption is expected to decline steadily over the next two decades, despite predi
ARABIAN OIL OFFICIAL DENIES DISCOUNTING
Knight-Ridder Financial |
An Arabian Oil Co. official Wednesday denied rumors that his company had sold a cargo to a Japanese
PEOPLE - AVIATION DOUGLAS ELECTS GERALD JOHNSTON
From Wire and Staff Reports |
The same day John McDonnell succeeded his cousin Sanford N. McDonnell as chairman and chief executiv
Air Cargo
AIR CARRIER PERFORMANCE BETTER IN JANUARY
Journal of Commerce Staff |
Passenger airlines in January turned in improved on-time performance and in February received the lo
Air Cargo
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TRADE GROUP URGES SEOUL TO SLOW RISE OF THE WON
(Ap) |
A major foreign trade group asked the government Wednesday to slow the South Korean currency's appr
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
MUSEUM TO SWAP ART WITH THAIS
Chicago Tribune |
Officials of the Art Institute of Chicago have agreed to return an 878-year- old stone sculpture to
NEWS SUMMARY
JOC Staff |
AVIATION The Supreme Court Wednesday affirmed a decision requiring TWA to observe security p
MAJOR NORTHERN EUROPEAN PORTS RAPIDLY CREATING ELECTRONIC LINKS
Janet Porter |
Northern European ports are rapidly beginning to create highly efficient electronic communications
TRANSPORT CALENDAR
JOC Staff |
Council of Logistics Management, Houston rountable, March 3. Four Season Hotel, 1300 Lamar St., Hous
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
1562.0 (Mar. 2, 1988) Previous day - 1562.5 The Baltic International Freight Futures Exchang
Maritime
OPIC HOPES TO EXPAND ASSISTANCE TO INVESTORS
Richard Lawrence |
The Overseas Private Investment Corp. hopes to expand its programs to help U.S. investors in over 10
HERRINGTON APPOINTS 15 TO NATIONAL COAL COUNCIL
Journal of Commerce Staff |
Energy Secretary John Herrington has appointed 15 new members to the National Coal Council.
EUROPEAN PRICE SKID GATHERING MOMENTUM
Bruce Barnard |
Oil prices slumped again Wednesday in Europe with North Sea Brent for March delivery skidding 40 cen
NOBLE SETTLES GAS PACT DISPUTES
Journal of Commerce Staff |
Noble Affiliates Inc. announced that its Samedan Oil Corp. subsidiary has settled gas contract dispu
DOW SAYS IT ALWAYS PAYS TO CUT DOWN ON WASTE
Craig Dunlap |
The folks in rural Taylor County, Ga., are in an uproar, and Ryan Delcambre of Dow Chemical U.S.A. c
OWENS-ILLINOIS ACQUIRES NEARLY ALL BROCKWAY SHARES
(Ap) |
Owens-Illinois Inc. has acquired virtually all outstanding shares of Brockway Inc. stock to the tune
CHEMICAL BRIEFS
Wire and Staff Reports |
Hoechst Celanese Selects J.E. MeritCHATHAM, N.J. - Hoechst Celanese Corp. has selected J.E.
S. KOREAN SURPLUS WIDENED IN JANUARY
(Ap) |
Due to strong exports, South Korea's trade surplus in February more than tripled to $524 million fro
Transport, Trade and Regulation News
ENERGY BRIEFS
Wire and Staff Reports |
Natural Gas Prices Fall on Spot MarketSpot market natural gas prices have dropped between 10
RAIL BRIEFS
Wire and Staff Reports |
Long Island Rail Road Gets 'C' Service RatingThe Long Island Rail Road received an overall g
Rail News
COMMISSION WILL STICK TO SP SCHEDULE
Leo Abruzzese |
Interstate Commerce Commission Chairman Heather J. Gradison told Congress the agency is determined t
Rail News
MASS. HEALTH BILL STEALS SPOTLIGHT FROM AUTO REFORM
TOM McNIFF Jr. |
Property and casualty insurers in Massachusetts are unhappy that a universal health insurance propos
INSURANCE BRIEFS
JOC Staff |
Memo Shows Lorillard Downplayed DiscountsNEWARK, N.J. - The Lorillard Inc. tobacco company s
BUDWEISER CONTROVERSY BREWS IN CZECHOSLOVAKIA
(Ap) |
A longstanding dispute over the rights to the original Budweiser trademark has triggered comment in
Maritime
IRVING TRUST USES DEBT CONVERSION TO BOOST STAKE IN BRAZILIAN BANK
Journal of Commerce Staff |
Irving Trust Co. announced Wednesday that it acquired an additional 39 percent ownership in Banco de
TONY SEIDEMAN EDI EXCHANGE
Tony Seideman |
MORE, MORE, FASTER, FASTER. Most of the discussion at the American National Standards Instit
SAN DIEGO SHIPBUILDERS BEMOAN FOREIGN COMPETITION, U.S. POLICY
(Ap) |
New contracts are a rarity at this Navy port's six shipyards, leaving dry docks empty and workers wo
Maritime
MAHER TO CLOSE BALTIMORE BUSINESS
JOHN H. GORMLEY Jr. |
Maher Terminals Inc. will close its stevedoring operations in Baltimore on June 30. Maher, t
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Mar. 2, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
A NEW CHAPTER IN THE HISTORY of the U.S. coal industry was written in February when a cargo of coal
CHEMICAL MARKETS OXYCHEM HIKES DRY CAUSTIC PRICE
Journal of Commerce Staff |
Occidental Chemical Corp. increased the list price schedule for dry caustic soda on March 1 for spot
CHASE POSTS A PROFIT IN AUSTRALIAN MART
Vincent W. Stove |
Chase Manhattan is far from happy with its Australian operations, but is hopeful of substantial impr
INTERNATIONAL BRIEFS
Wire and Staff Reports |
South Korea Posts Rise In Payments SurplusSEOUL, South Korea - South Korea's current account
Transport, Trade and Regulation News
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