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BIG PRICE DROP IN CRUDE MARKET PUZZLES ANALYSTS
(Ap) |
Market watchers are mystified by the big drop in crude oil prices last week and tend to attribute it
FILLING THE TANK WITH GASOLINE A BARGAIN IN US
Journal of Commerce Staff |
Gasoline may seem expensive, but prices in the United States generally are a bargain compared with t
AIRBUS MINISTERS MEET TO AVERT US CONFLICT
Bruce Barnard |
European ministers and senior aerospace executives will make a last-ditch attempt in Paris today to
Air Cargo
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CONCERNS VOICED ON SOME PORTIONS OF US-CANADA PACT
Keith M. Rockwell |
Representatives of a variety of U.S. industrial concerns voiced reservations Monday on the U.S.-Cana
SHIPPING NORMAL ON PANAMA CANAL DESPITE CALL FOR ONE-DAY STRIKE
Gloria Joseph |
Maritime industry executives said it was business as usual at the Panama Canal Monday despite the ca
DISTRUST LOOMS OVER CAR-HAUL, TEAMSTER TALKS
Leo Abruzzese |
Walter Shea's telephone never stops ringing. Most of the calls flooding the Teamster vice pr
Trucking News
WESTERN EUROPEAN GUIDE PROFILES CHEMICAL COMPANIES
Journal of Commerce Staff |
A recent frantic search for a European chemical company's corporate profile ended with Graham & Tro
MOODY'S REVIEWS PE'S RATINGS
Journal of Commerce Staff |
Moody's Investors Service says it is continuing to review the credit ratings of Philadelphia Electri
SUNKEN BARGE RAISED IN WASH., SALVAGERS DETECT MINOR OIL SPILL
(Ap) |
A salvage crew raised a sunken oil barge Sunday from the murky depths of Guemes Channel, one month a
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
RAIL BRIEFS
From Wire and Staff Reports |
Port Group Renames NJ Railroad StationJERSEY CITY, N.J. - Taking notice of a spanking new mu
Rail News
NEWS SUMMARY
JOC Staff |
AIR CARGO Lufthansa opened its new cargo terminal at Los Angeles International Airport just
US FIRMS PAY DEARLY FOR PATENT PIRACY ABROAD STUDY SHOWS INTELLECTUAL PROPERTY IS KEY CONCERN
Keith M. Rockwell |
U.S. companies may lose as much as $61 billion a year due to patent,copyright and trademark
CLOSED FOREIGN MARTS EVOKE FCC'S CRITICISM
(Ap) |
The Federal Communications Commission is signaling foreign governments that the United States remain
Maritime
TVA AWARDS 5 SPOT CONTRACTS
Journal of Commerce Staff |
Tennessee Valley Authority purchased 20,750 tons of steam coal under five spot contracts awarded dur
SPOT PRODUCT PRICES
JOC Staff |
Feb. 26, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
EUROPEAN PRICES SINK ON SURGE IN OPEC OUTPUT
Bruce Barnard |
European spot oil prices closed the week at two-month lows, responding to an unexpected surge in Org
NEW PRODUCTS MARKETPLACE
JOC Staff |
Water Meter Prevents Damage From LeaksAn electronic device that monitors damage caused by ma
Maritime
COURT READIES ORDER TO HALT VIOLENCE IN NY TUG STRIKE
James Nolan |
Stiff limits on strike actions by tug crew workers and boat owners were being shaped by U.S. Distric
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
Fertilizer Use Up For All GroupsConsumption of U.S.-produced fertilizer materials rose for e
VANCOUVER ISLAND KRAFT PULP MILL TO BE UPGRADED
Journal of Commerce Staff |
British Columbia Forest Products Ltd. has launched a $238 million modernization plan to upgrade its
ST. JOHNSBURY POSTS STRONG 1987 PROFIT GAIN
Leo Abruzzese |
St. Johnsbury Trucking Co. Inc. bucked an industry-wide earnings slump last year by posting a 20 per
Trucking News
GLOBAL SWAP MARKET REACHES $450 BILLION
Gordon Platt |
The global market in interest rate and currency swaps reached full maturity in 1987, according to Pa
SECOND BIG UK BANK REPORTS LOSS FOR '87
Janet Porter |
Lloyds Bank, one of the big four U.K. clearing banks, slid into the red last year as a result of its
FINANCIAL BRIEFS
Wire and Staff Reports |
Baker Urges S. Korea To Speed Rise of WonSEOUL, South Korea - U.S. Treasury Secretary James
AVIATION BRIEFS
From Wire and Staff Reports |
TWA Union Election Upheld by US CourtThe U.S. Court of Appeals for the District of Columbia
Air Cargo
WORLD TRADE GREW 4 PERCENT DURING 1987
Frances Williams |
The volume of world trade grew 4 percent last year, the second-biggest increase of the 1980s and is
BROOKS BROTHERS' BRITISH SUITOR KNOWN FOR VALUE
Janet Porter |
Marks & Spencer PLC's announcement that it plans to buy Brooks Brothers ends a long search by Britai
CONSUMER PRICES ROSE 0.3 PERCENT DURING JANUARY
From Wire and Staff Reports |
Consumer prices rose 0.3 percent in January as the year began with a moderate dose of inflation, the
CHINA FORECASTS SHARP INCREASE IN COAL EXPORTS
P.T. Bangsberg |
Exports of Chinese coal may hit 17 million tons this year, 30 percent over 1987, an official said.
COAL BRIEFS
From Wire and Staff Reports |
Island Creek Unit Receives AwardCRAIGSVILLE, W. Va. - Island Creek Corp.'s Gauley division r
REPORT SAYS OPEC DISCOUNTING PRICE
Knight-Ridder Financial |
Evidence is mounting that members of the Organization of Petroleum Exporting Countries are selling c
NEDLLOYD STOCK POPULAR IN NORWAY
Journal of Commerce Special |
Nedlloyd, one of the largest shipping companies in the world, has been selling more and more shares
Maritime
PLASTICS CORNER GAINS IN SYNTHETIC RUBBER USE TO ERODE IN '88, INSTITUTE SAYS
Journal of Commerce Staff |
Reversing a trend that has prevailed for several years, North American synthetic rubber consumption
EPA URGES STATES TO LEAD BATTLE AGAINST GROUNDWATER POLLUTION
Steven Thomma |
The Environmental Protection Agency looked to state governments late last week to help prevent conta
CHEMICAL BRIEFS
From Wire and Staff Reports |
Clinical Data Unit Gets Drug Research PactsThe Drug Research Services division of Clinical D
COST OF CREDIT
JOC Staff |
Fri., Feb. 26, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
NEW LUFTHANSA TERMINAL OPENS IN NICK OF TIME
Bill Mongelluzzo |
Lufthansa Airlines will not hold the official grand opening ceremonies for its new cargo terminal at
Air Cargo
CORRECTION
JOC Staff |
Dennis McGinnis is the International Project Team chairman of the American National Standards Instit
Trucking News
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