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PASSENGER ACT HURTS SEATTLE
John Davies |
Nearly $1 million a week in direct spending is fleeing the Puget Sound region for Canada because a c
Maritime
PEOPLE - TRUCKING
From Wire and Staff Reports |
FFE TRANSPORTATION SERVICES INC. (Dallas) - Dick Williams was promoted to area manager of the compan
Trucking News
GOTAAS-LARSEN SHIPPING REPORTS HIGHER PROFIT
Journal of Commerce Staff |
Gotaas-Larsen Shipping Corp. said Thursday that its fourth quarter net profit was up 66 percent from
Maritime
REAGAN URGES PASSAGE OF SENATE HEALTH BILL
Leah R. Young |
President Reagan used his annual budget message to urge Congress to pass the Senate's phased-in ver
PEOPLE - FINANCIAL
From Wire and Staff Reports |
NATIONAL ASSOCIATION OF SECURITIES DEALERS (Burlingame, Calif.) - Steve Hickman was named regional d
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
IBM UNVEILS FASTER MEMORY CHIP
(Ap) |
International Business Machines Corp. researchers have made the world's fastest dynamic memory compu
INSIDE TALK ON ENERGY
John Maggs |
STRIKE? WHAT STRIKE? Fuel oil merchants are not losing any sleep over this week's tugboat wo
FAA BUDGET SEEKS FUNDS FOR ADDED CONTROLLERS
Dave Higdon |
President Reagan's fiscal 1989 budget proposes a 13 percent budget increase to $6.4 billion for the
Air Cargo
BUDGET BENEFITS MARITIME INTERESTS
WILLIAM DiBENEDETTO |
President Reagan's fiscal 1989 budget contains some good news for the Department of Transportation's
TAIHO TO MARKET PHOENIX DRUG
Journal of Commerce Staff |
Phoenix Advanced Technology Inc. had licensed Taiho Pharmaceutical Co., of Tokyo to market Px, an an
CHEMICAL BRIEFS
Wire and Staff Reports |
Ala., Fla. to Receive US Bay Cleanup FundsThe U.S. Environmental Protection Agency announced
POLICE AND DOCKERS CLASH IN DISTURBANCE AT PORT EVERGLADES
Fort Lauderdale News & Sun-Sentinel |
Police and longshoremen clashed at Port Everglades, Fla., on Wednesday after workers from a non-unio
Maritime
HONG KONG INVESTOR BUYS LONDON HOTEL
P.T. Bangsberg |
A Hong Kong entrepreneur bought a five-star hotel Thursday in London's tourist district for more tha
Maritime
MIDLAND BANK OF UK POSTS HUGE '87 LOSS
Janet Porter |
Midland Bank reported a huge loss for 1987 after setting aside more than 1 billion ($1.7 billion) t
USDA CASTS DOUBT ON SUGAR BONUS PLAN
Knight-Ridder Financial |
The U.S. Department of Agriculture has no plans for special commodity donations to sugar-exporting n
Maritime
FACTORY USE REMAINS HIGH
(Ap) |
U.S. industry operated at 82.2 percent of capacity in January, matching theDecember level as
TRADE PANEL PUTS OFF ITEMS OF CONTENTION
Keith M. Rockwell |
A congressional trade bill subconference will postpone consideration of many controversial provision
RAIL BRIEFS
From Wire and Staff Reports |
Railroads Optimistic On Grain ShipmentsKANSAS CITY, Mo. - U.S. railroads are expected to kee
Rail News
CANADA'S BC RAIL, CONTRACTORS CHIDED
Mark Wilson |
A judge of the British Columbia Supreme Court has chided provincially owned BC Rail and its contract
Rail News
TUG STRIKE SLOWS SOME NEW YORK TRAFFIC
Rose A. Horowitz |
Some slowdown in containership and large tanker traffic was reported in the New York harbor area on
Maritime
BRAZIL'S INFLATION FEARS MAY SHAPE POLITICS
Mimi Whitefield |
The prospect of hyper-inflation may shape Brazil's politics this year. After an annual infla
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Thu., Feb. 18, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
EXPORT OPPORTUNITIES
US Department of Commerce |
HOW TO USE: Trade leads on this page are listed according to industry. Codes preceding each
Maritime
TEAMSTERS THREATEN STRIKE AGAINST PAN AM
(Ap) |
The Teamsters union will launch a worldwide strike against Pan Am Corp. on Sunday, union officials r
Air Cargo
JOBLESS RATE FALLS IN BRITAIN
(Ap) |
Britain's unemployment rate fell to a seasonally adjusted 9.2 percent of the work force in January f
FORD NET ROSE 19 PERCENT IN QUARTER
Journal of Commerce Staff |
Ford Motor Co.'s net income in the fourth quarter of 1987 was $932 million, up 19 percent from $785
MEXICO CONSIDERS COPPER SMELTER
(Ap) |
Authorities may authorize construction of a $90 million copper smelting plant in this Pacific resort
PEOPLE - BANKING URUGUAYAN SELECTED TO HEAD LATIN BANK
From Wire and Staff Reports |
Enrique Iglesias, Uruguay's foreign minister, was elected president of the Inter-American Developmen
TRANSCO CUTS 1988 BUDGET
Journal of Commerce Staff |
Transco Energy Co. said it has budgeted $226 million for capital expenditures in 1988, compared with
ENERGY BRIEFS
From Wire and Staff Reports |
W. German Oil Imports Increased in JanuaryFRANKFURT, West Germany - West German crude oil im
FOCUS ON THE BUDGET
JOC Staff |
* Passage of catastrophic health program is urged. Page 9A * No money for Inter-American Dev
MARIE PRAT'S INSIDE TALK FROM THE GULF COAST
Marie Prat |
HE GREW UP in a New Orleans suburb and is familiar with the city's crazy carnival celebration known
Maritime
NIGERIA SHIPS FERTILIZER TO US FOR FIRST TIME
Charles Thurston |
Nigeria recently completed its first U.S.-bound shipment of fertilizer, bring the first positive fig
NEW CITICORP VENTURE BUYING USED TANKERS
Rose A. Horowitz |
First Olsen Tankers Ltd., a new company created by Citicorp and Fred Olsen & Co. of Oslo, Norway, is
Maritime
DEPPE LINE COMPETES BY BEING ON TIME
Gloria Joseph |
Deppe Line, a small, independent European carrier plying the U.S. Gulf/Europe route, says schedule i
Maritime
TRUCKING BRIEFS
From Wire and Staff Reports |
Hight Court Orders Vt. To Refund $8 MillionA Vermont Superior Court ordered the state to ref
Trucking News
MARITIME BRIEFS
From Wire and Staff Reports |
Agency Extends Time For Truck Rule ViewsThe Federal Maritime Commission again has extended t
Maritime
INSURANCE EARNINGS
From Wire and Staff Reports |
Operating Income Fell At Cigna in 4th PeriodCigna Corp. reported operating income from conti
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