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US TRADE DEFICIT CONTINUES TO SHRINK
Richard Lawrence |
The U.S. merchandise trade deficit is continuing to improve, if inflation is discounted, a U.S. offi
NEWS SUMMARY
JOC Staff |
AIR CARGO Ailing Emery Air Freight gets additional time from creditors to meet loan requirem
HOPE VOICED FOR SOVIET GRAIN PACT
(Ap) |
A 5-year-old grain agreement with the Soviet Union expires soon, and Agriculture Secretary Richard E
ENERGY BRIEFS
From Wire and Staff Reports |
Dome, Amoco Extend Purchase DeadlineCALGARY, Alberta - Dome Petroleum Ltd. and Amoco Canada
CRUDE PRICES GAIN GROUND ON DECLINING OPEC OUTPUT
Bruce Barnard |
The European oil market ended the week on a firmer note, with spot crude prices buoyed in thin tradi
DAVE HIGDON'S INSIDE TALK ON AVIATION
Dave Higdon |
EXPANDED INTERNATIONAL U.S. AIR CARGO RIGHTS and passenger service agreements would makeaviation a k
Air Cargo
FAA CHIEF SAYS AIRLINER IMPORTS HURTING US
Journal of Commerce Staff |
Federal Aviation Administrator Allan McArtor said the federal government has become increasingly wor
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
Northrop to Build High-Tech AircraftLOS ANGELES - Northrop Corp. said it received a $2 billi
Air Cargo
WORKERS COMP COSTS SWAY RELOCATING FIRMS
Laura Raley Borda |
Employers considering a relocation to a different state will be placing more importance on the cost
COST OF CREDIT
JOC Staff |
Fri., Jan. 29, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
ON THE MOVE - INSURANCE
Wire and Staff Reports |
BETTERLEY RISK CONSULTANTS LTD. (Hamilton, Bermuda) - Jane Rastallis was named vice president at thi
IMMIGRANTS WILL ALTER CALIFORNIA ECONOMY
(Ap) |
A predicted influx of immigrants to California at a time when public education is eroding could lead
IMPORTERS: DRUG ACT SEIZURES MISUSED
Bill Mongelluzzo |
A battle is brewing between U.S. importers and the U.S. Customs Service over the agency's use of an
FAR EASTERN NATIONS ANTICIPATE LOSSES FROM SHIFT IN TRADE STATUS
Richard Lawrence |
A U.S. decision to end duty-free treatment on hundreds of items from four Far Eastern countries was
CHEMICAL EARNINGS
From Wire and Staff Reports |
Quantum Income Rose in QuarterNEW YORK Quantum Chemical Corp.'s fourth-quarter net income r
PHILA. MAYOR PROPOSES PORT CORP. TAKEOVER
James Asher |
Mayor Wilson Goode is proposing to take over management of the troubled Philadelphia Port Corp., pla
Maritime
SAILORS FIND THESE 'ARABIAN NIGHTS' BORING
(Ap) |
There's little fun ashore for the sailors of the Western navies in the Persian Gulf. With conservati
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
Latin American Insights - Trade and Finance. Feb. 2. Arthur Anderson & Co., Philadelphia. Contact, D
Maritime
JAPAN'S CAR EXPORTS SET VALUE RECORD
A.E. Cullison |
Japan anticipates that passenger car exports to the United States will not meet a self-imposed limit
Maritime
DOLLAR CAN WITHSTAND INTEREST RATE DECLINE
Kevin Commins |
The dollar can withstand a further reduction in interest rates without falling abruptly, currency tr
CREDIT SUISSE APPROVED FOR TOKYO LISTING
Knight-Ridder Financial |
The Tokyo Stock Exchange said it accepted an application from Swiss commercial bank Credit Suisse fo
TRUCKING BRIEFS
From Wire and Staff Reports |
Fruehauf Reorganizes Operations in EuropeFruehauf Corp. has completed the reorganization and
Trucking News
HIGHER TRUCKLOAD WAGES BOOST RAIL RATES, STUDY SAYS
Michael S. Lelyveld |
Rising truckload rates are starting to give railroads the chance to raise intermodal prices, but the
Trucking News
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FREIGHT RATE FUTURES
JOC Staff |
Jan. 29, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1393.0 (Jan. 29, 1988) Previous day - 1387.5 The Baltic International Freight Futures Exchan
Maritime
US CLOUD SEEN HANGING OVER SHIPPING INDUSTRY
P.T. Bangsberg |
The perpetually skittish shipping industry enters the new year with some more optimism than of late,
Maritime
CALIFORNIA SENATE OKS HEALTH INSURANCE PLAN
(Ap) |
The California Senate has approved legislation that would offer health insurance to about 5 million
UTILITY'S REORGANIZATION COULD AFFECT RATE CASES
John Maggs |
Public Service Co. of New Hampshire's Chapter 11 filing will have little effect on the credit of oth
SUSPENSION OF DUTY-FREE STATUS COULD BACKFIRE, TRADERS FEAR
William Armbruster |
The suspension of duty-free privileges on imports from four Asian countries could force U.S. importe
SAUDI ARABIA HALTS IMPORTS OF IRANIAN GOODS VIA DUBAI
(Ap) |
Saudi Arabia was reported to have halted imports of Iranian goods through this major gulf port in wh
Maritime
UTILITY WINS APPROVAL FOR HOLDING COMPANY
(Ap) |
Southern California Edison Co. won approval from the state to form a holding company under which it
ON THE MOVE - MARITIME SEATTLE NAMES BELFORD ACTING MARITIME CHIEF
From Wire and Staff Reports |
John G. Belford, deputy director of the port of Seattle, will take over as the port's acting maritim
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Yeutter Says Subsidies Will Rise Without PactU.S. Trade Representative Clayton Yeutter has w
Maritime
NEW PRODUCTS MARKETPLACE SWEDISH UNIT PINPOINTS ELECTRICAL MALFUNCTIONS
JOC Staff |
A Swedish electronics company, P.P. Elektronik of Umea, has developed a power- function test unit th
Maritime
CHINESE OPEN FIRST PAWNSHOP SINCE 1949
(Ap) |
China's first pawnshop since the Communists came to power opened last month in southwestern China, t
CHINESE SAY PEPSI IS SEEKING FULL OWNERSHIP OF NEW VENTURE
P.T. Bangsberg |
PepsiCo Inc. wants sole ownership of a facility in southern China's Guangzhou (Canton), Guangzhou's
PENNZOIL FIGHT SADDLES TEXACO WITH HUGE LOSS
(Ap) |
Texaco Inc. lost $4.76 billion in the final three months of 1987 and $4.4 billion for the year becau
EARNINGS RISE FOR EXECUTIVES
(Ap) |
Buoyed by a stable economy and lucrative incentive awards, business executives across the country en
TRANSPORT EARNINGS
From Wire and Staff Reports |
Arkansas Best Corp. Posts Earnings HikeFORT SMITH, Ark. - Arkansas Best Corp.'s fourth quart
Trucking News
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