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Commentary
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ENERGY BRIEFS
From Wire and Staff Reports |
Peruvian Official Remains on JobLIMA, Peru - A day after announcing his resignation, the pre
FATE OF BRAZIL SHOE EXPORTS TIED TO POLICY ON COMPUTERS
James Bruce |
Only a reversal of Brazil's computer market policies can prevent major export losses for the country
INTERNATIONAL CALENDAR
JOC Staff |
In-Bond Assembly Congress: How to Establish Assembly Plants and Sub-Contract Assembly Programs in Me
Maritime
COST OF CREDIT
JOC Staff |
Fri., Jan. 15, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
EQUITABLE INTERSTATE GAS UNIT GETS OK TO START OPERATIONS
Journal of Commerce Staff |
Equitable Resources Inc.'s new interstate pipeline subsidiary has received approval from the Federal
SAFETY, JOB PROTECTION TOP TEAMSTERS AGENDA
Leo Abruzzese |
A sweeping series of job protection proposals and safety concerns tops the Teamsters union's bargain
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
1384.0 (Jan. 15) Previous day - 1374.5 The Baltic International Freight Futures Exchange in
Maritime
AMERICAN CARRIERS PUZZLED BY OFFER FROM BAYTREE
Leo Abruzzese |
American Carriers Inc. officials say they are confused by a proposed tender offer for the giant truc
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
Jan. 15 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
USE SHIPS AS RESORTS, JAPANESE SAY
A.E. Cullison |
In a roundabout effort to develop new markets for the country's financially pressed shipbuilding ind
Maritime
NEW PRODUCTS MARKETPLACE FOOD PRODUCTION GEAR AVAILABLE FROM BRITAIN
JOC Staff |
Baynflex Ltd. of Britain has designed food production equipment that is safe, clean and reliable.
Maritime
CUSTOMS UPDATE
Customs Update is based on reports from U.S. Customs Service |
UTILIZATION OF SANCTIONS WITH RESPECT TO CHECKS RETURNED DISHONORED FROMFINANCIAL INSTITUTIO
Maritime
WHY MOST ECONOMISTS MISSED THE BIG ONE
Albert L. Kraus |
Economists deal in predictability, newspapermen in surprise. For much of the past year, newspapermen
INSURANCE BRIEFS
From Wire and Staff Reports |
Walton Re-elected Chairman of IIIFrank E. Walton was re-elected chairman of the Insurance In
CHINA PRESSES OIL HUNT IN FORBIDDING WEST
Noel Fletcher |
China is seeking to expand oil exploration activities in a remote interior region believed to have r
CHEMICAL MARKETS
Journal of Commerce Staff |
Pfizer Announces Price IncreasesNEW YORK - Pfizer Inc. has increased the price of caffeine a
PLASTICS CORNER
Journal of Commerce Staff |
Arco Chemical Rating ReviewedMoody's Investors Service is considering a downgrade in the pri
CHAMBER OF COMMERCE BACKS MASSPORT PLAN
Dave Higdon |
The Massachusetts Port Authority reported that the Boston Chamber of Commerce endorsed its Program f
Air Cargo
EXPORTERS URGED TO USE ISRAEL AS A CONDUIT
Journal of Commerce Staff |
U.S. exporters interested in selling to Europe should consider using Israel as a conduit, says an ex
Maritime
MERGER OR RETREAT - BRAZIL'S DRUG INDUSTRY DECIDING ON OPTIONS
James Bruce |
A partial merger between U.S.-based Merck & Co. and Brazil's Grupo Ache is the drug industry equival
JAPANESE OFFICIAL SAYS ALASKAN OIL IS TOO EXPENSIVE
Journal of Commerce Staff |
Alaskan oil is too expensive for Japan to buy, even if the United States did not insist on it moving
NY RESIDENTS SMASH PLANS TO CONSTRUCT SUPERCOLLIDER
(Ap) |
Wayne County residents were walking around "all smiles" Friday afterfinding out that their f
CHEMICAL BRIEFS
From Wire and Staff Reports |
Cuomo Plan Targets Household Toxic WasteALBANY, N.Y. - Household paints, solvents, cleaners
KOCH TO BUY TWO PIPELINES
(Ap) |
Santa Fe Southern Pacific Corp. and Koch Industries Inc., Wichita, Kan., have entered into an agreem
IMPORT BRIEFS
Wire and Staff Reports |
Cocoa Consumers Propose SacrificesConsumer members of the International Cocoa Organization a
Maritime
LYPHOMED LAUNCHES GENERIC DRUG RECALL
Kenneth Reid |
LyphoMed Inc. of Chicago is recalling about 20,000 vials of the generic drug amphotericin B - which
SANCTIONS DELAY LEAVES EMBRAER SALES UP IN AIR
James Bruce |
Last week's delay of a final decision on U.S. trade sanctions against Brazil meant anything but reli
Air Cargo
COMMAND AIRWAYS SEES EARNINGS RISE
JOC Staff |
Command Airways earned $831,785, or 59 cents a share, on revenue of $7.9 million during its second q
Air Cargo
NEW CAR SALES HIT RECORD IN UK
(Ap) |
New car sales in Britain reached record levels during 1987, with Ford Motor Co. Getting most of the
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Ex-Im Bank Announces Interest Rate IncreaseThe Export-Import Bank raised its interest rates
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
UKAWA IS LONGTIME TRADE NEGOTIATOR
Journal of Commerce Staff |
Hidetoshi Ukawa has maintained a high profile since he was named Japan's consul general in New York
TVA MAKES 4 SPOT PURCHASES
Journal of Commerce Staff |
Tennessee Valley Authority awarded only four spot contracts, covering coal deliveries of 12,950 tons
ON THE MOVE - ENERGY
Journal of Commerce Staff Report |
OIL & GAS TENNECO INC. (Houston) - Richard L. Wambold was named vice president of corporate
CONSUMERS POWER TO REDEEM BONDS
Journal of Commerce Staff |
Consumers Power Co. has exercised its option to begin redemption of 13 percent tax-exempt bonds issu
MALAYSIA'S PETRONAS POSTS 34 PERCENT DROP IN PRETAX PROFIT
P.T. Bangsberg |
Petronas, the state energy monopoly of Malaysia, reported pretax profit of $4.3 billion Malaysian do
TRUCKING BRIEFS
From Wire and Staff Reports |
Saab-Scania Sets Up Own Finance CompanyORANGE, Conn. - Saab-Scania of America Inc. said it h
Trucking News
NATIONAL GROUP SUPPORTS W. COAST TRUCK CONTROLS
Robert F. Morison |
A West Coast truckers group has gained an ally in its efforts to win Federal Maritime Commission reg
Trucking News
UK FLEET SHRINKAGE SLOWS
Journal of Commerce Staff |
The rate of decline of Britain's merchant fleet slowed last year after contracting substantially in
Maritime
UK INFLATION RATE LOWEST IN A YEAR
(Ap) |
Britain's annual inflation rate dipped 0.4 percent to 3.7 percent last month, its lowest level for a
Maritime
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