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Commentary
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WAGE HIKES SHOWED MODERATION LAST YEAR
John Boyd |
Labor costs grew moderately last year, but they rose enough to halt the pattern of ever-smaller annu
REAGAN DEMANDS CONGRESS REVAMP BUDGET PROCESS
John Boyd |
President Reagan kicked off his final year of shaping federal budgets with a threat that could shut
ITEL, FLEXI-VAN WILL PURCHASE XTRA CONTAINER, CHASSIS UNITS
Michael S. Lelyveld |
Itel Corp. of Chicago finally succeeded in its bid to put together the world's largest marine contai
DOLLAR FAILS TO ADVANCE ON JAPAN BUYING PLAN
Knight-Ridder Financial |
The U.S. dollar declined broadly Tuesday despite an uptick on news that Japan had allocated more mon
COST OF CREDIT
JOC Staff |
Tue., Jan. 26, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
NY LIABILITY RATES ROSE 200 PERCENT IN '85-86, REPORT SAYS
(Ap) |
Most liability insurance premiums increased in New York more than 200 percent in 1985 and 1986 in Ne
CHEMICAL BRIEFS
Wire and Staff Reports |
Health-Chem Sells Stocklin Supply UnitHealth-Chem Corp. completed the sale of its Stocklin S
COMPUTER, EQUIPMENT MAKERS PIN HOPES ON COCOM PARLEY
William Armbruster |
U.S. computer and business equipment manufacturers hope this week's high-level meeting of a multila
Maritime
BURNLEY TO HELP COAST GUARD
Robert F. Morison |
Transportation Secretary James H. Burnley said the administration will ask Congress to allow it to s
Maritime
MONTREAL REGISTERS BOX TRAFFIC RECORD
Leo Ryan |
The port of Montreal set a new record for container traffic for the fifth consecutive year in 1987.<
Maritime
OPERATORS LOSE BID FOR REVIEW OF LEASING CASE
Leah R. Young |
Western coal mine operators failed to convince the Supreme Court to review a lower court decision t
EXXON, ASHLAND OIL REPORT EARNINGS ROSE IN QUARTER
(Ap) |
Exxon Corp., New York, reported 1987 fourth quarter net income of $1.56 billion or $1.12 a share com
ON THE MOVE - OIL/GAS
Wire and Staff Reports |
AMERICAN ULTRAMAR LTD. (Tarrytown, N.Y.) - Peter L. Raven was appointed president. He was chief fina
BRITOIL REJECTS LATEST OFFER FROM BP
Edwin Unsworth |
Britoil PLC, the United Kingdom's largest independent oil company, on Monday rejected a sweetened ta
ENERGY BRIEFS
Wire and Staff Reports |
UK North Sea Output Declined During 1987Crude oil production in the British North Sea fell t
BURNLEY WILL SUPPORT LOCAL NOISE POLICIES
Dave Higdon |
Transportation Secretary James Burnley Monday ruled out any prospects that the Transportation Depart
Air Cargo
US STEEL OUTPUT ROSE 8 PERCENT IN 1987
Journal of Commerce Staff |
U.S. raw steel output last year rose 8.4 percent to 88,472,000 net tons, the American Iron and Steel
DOT FORMS NEW OFFICE TO REVIEW SAFETY ISSUES
Leo Abruzzese |
The Department of Transportation will create a permanent new office to evaluate independently the ef
US FIRMS FLOCK TO MEXICO
Chicago Tribune |
American companies, assembling everything from cars to men's trousers, are fleeing to Mexican border
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
NEWS SUMMARY
JOC Staff |
AVIATION Transportation Secretary James Burnley stands alone as the only Cabinet member able
VOEST-ALPINE INVESTIGATING IRAN SHIPMENT
(Ap) |
The general director of the Austrian state steel concern Voest-Alpine said Monday suspicions have st
Maritime
WORLD TODAY
Wire and Staff Reports |
Tax Bill Retaliates Against JapaneseWASHINGTON - Legislation will be presented today in the
EC SUPPORT SEEN FOR FARM PLAN
From Wire Reports |
West Germany succeeded in lining up a majority of European Community states behind grains and oilsee
Maritime
BFGOODRICH IN TIRE VENTURE WITH MALAYSIA
P.T. Bangsberg |
BFGoodrich Co. is moving aggressively into the Asia-Pacific region through a joint venture signed Mo
Air Cargo
SEOUL PREPARES TO GIVE GROUND ON US TRADE
Hannah Moore |
The government of South Korea appears to be softening up the population for major concessions to the
US DELIBERATING STANCE ON SOVIET GRAIN ACCORD
Knight-Ridder Financial |
Word on whether the United States will seek to extend or renegotiate a grains accord with the Soviet
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
AIRBUS HOPES REORGANIZATION WILL REDUCE ITS COSTS BY 30 PERCENT
Edwin Unsworth |
The four-nation European Airbus Industrie consortium is reorganizing in an effort to reduce its cost
Air Cargo
CHINA PROMOTES FLEXIBLE VENTURES
Noel Fletcher |
A law is being drafted to give cooperative ventures an edge over other types of foreign investment i
PULSE EXPORTS LIKELY TO MAINTAIN STRONG SHOWING FROM LAST YEAR
(Ap) |
If you want to keep a finger on the world's pulse market, don't waste time with someone who doesn't
Maritime
STOCK CRASH INFLAMES NY-CHICAGO RIVALRY
Albert L. Kraus |
The stock market crash of last Oct. 19 has brought to the surface a simmering war between America's
CHEMICAL EARNINGS
Wire and Staff Reports |
Income Rises 24 percent At Rohm & HaasRohm & Haas Co.'s fourth-quarter net income climbed 24
SWISS COMPANY BUYS HOECHST UNIT
Journal of Commerce Staff |
Biodor Holding AG, a Swiss corporation specializing in production and sale of biochemicals, has reac
ON THE MOVE - UTILITIES
JOC Staff |
EASTERN UTILITIES ASSOCIATES (Boston) - Donald G. Pardus, president, was named chief operating offic
WESTMORELAND COAL VIEWED AS GEM AMONG DULL STONES
Dan Stets |
These have not been the best of times for Westmoreland Coal Co., the oldest independent coal company
COAL BRIEFS
Wire and Staff Reports |
Canada OKs Power Sale Despite OppositionCanada's National Energy Board said it has approved
SYSTEM SPEEDS OIL COMPANY COMMUNICATIONS
Tony Seideman |
A new service has given the oil industry a potent tool in dealing with rapidly fluctuating oil price
RAIL BRIEFS
Wire and Staff Reports |
Oak Industries' Unit Now Called NordcoOak Industries Inc. has taken a new name, Nordco Inc.,
Rail News
SCHROEDER: CONGRESS TO TAKE CUE FROM VOTERS
John Boyd |
The way Congress handles trade and budget issues this year will depend on signals from voters in the
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