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SURVEY FINDS PRICES UP FOR GAS
Journal of Commerce Staff |
Natural Gas Clearinghouse Inc. said Monday that its natural gas spot market survey showed that price
HIGH YEN FORCES JAPAN TO PRODUCE OFFSHORE
Boston Globe |
Spurred by the soaring Japanese yen, Japan's captains of industry are scrambling to move production
Maritime
COST OF CREDIT
JOC Staff |
Mon., Jan. 4, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
WORLD TODAY
From Wire and Staff Reports |
Stock Prices Soar As Dollar RecoversNEW YORK - Stock prices soared in a broad-based rally Mo
SEA-LAND, APL FORGE TAIWAN DEALS
Paul Mooney |
Two U.S. shipping lines - American President Lines Ltd. and Sea-Land Service Inc. - start the year w
DIRECTORS BACK DISCIPLINE ACTION
(Ap) |
Veterans Administration officials have recommended that 11 employees at VA medical centers in Philad
AUSIMONT'S ROSENBLATT STALKS DU PONT NICHES
Charles Thurston |
Ausimont NV's president and chief executive officer, Leonard Rosenblatt, is stalking a quarry with w
ENERGY BRIEFS
From Wire and Staff Reports |
Potomac Electric Seeks 7.4 percent Rate IncreasePotomac Electric Power Co. Monday asked the
TRADE, ECONOMY KEYS TO TRUCK, RAIL GROWTH
Michael S. Lelyveld |
The megaforces of world trade, the economy and oil production will be in the driver's seat this year
Trucking News
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
Trucking News
US ELECTRONICS DEFICIT GROWS 8.8 PERCENT
Journal of Commerce Staff |
The U.S. deficit in electronics trade grew 8.8 percent to $3.7 billion in the third quarter of last
Maritime
CHINESE REFORMS IN TOURISM PLEASE FOREIGN INVESTORS
Gene Linn |
Open to the world for eight years, China is still struggling to erect administrative and legal struc
Maritime
FRENCH FIRM TO ACQUIRE A.H. ROBINS
Laura Raley Borda |
Aetna Casualty & Surety Co. is negotiating with French drug manufacturer Sanofi to provide A.H. Robi
SHANGHAI AIRLINES SEES CLEARER SKIES
Charles Barton |
The skies are clearing for Shanghai Airlines after a start-up clouded with problems. SAL got
Air Cargo
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
THE ECONOMY US CONSTRUCTION SPENDING ROSE BY STRONG 2.2 PERCENT IN NOVEMBER
Knight-Ridder Financial |
U.S. construction spending rose 2.2 percent in November to a seasonally adjusted annual rate of $419
AFRICAN ECONOMIST SEES POOR PROSPECTS FOR '88
(Ap) |
Sub-Saharan Africa sank deeper into debt and poverty in 1987 and an uncertain world economy could ma
FRENCH, US INSURERS EXPLORE DIFFERENCES
Journal of Commerce Staff |
The fervor over life insurers' use of the AIDS antibody test hasn't hit French shores yet. F
REAGAN TO PRESS MORE COUNTRIES TO OPEN TRADE
Richard Lawrence |
The Reagan administration will continue to press more countries to open their markets to U.S. export
IT'S BUSINESS AS USUAL AT TROUBLED EASTERN MAINE
(Ap) |
Electricity still flows along the more than 1,300 miles of distribution lines that cut through one o
CSX CORP. EARNINGS IMPROVED IN 1987
Journal of Commerce Staff |
CSX Corp. earned $129 million, or 82 cents a share, in the fourth quarter of 1987, compared with $13
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
R.E. Hart Receives Award for LeadershipCapt. Robert E. Hart, president, Marine Index Bureau,
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
TRUCKING BRIEFS
From Wire and Staff Reports |
Truck Group Publishes Directory of CarriersALEXANDRIA, Va. - The second annual edition of Th
Trucking News
SAAB-SCANIA ADDS TWO US DEALERS
Journal of Commerce Staff |
Saab-Scania of America Inc. has added two new dealers to its U.S. marketing network for its Swedish-
Trucking News
CHINA HOPES TO LURE AGRICULTURAL INVESTMENT
Noel Fletcher |
China is expected shortly to open its first ministry-level investment company dealing solely with ag
Maritime
NJ AGENTS 'OUTRAGED' BY AETNA CANCELLATIONS
Laura Raley Borda |
Aetna Casualty & Surety Co.'s decision to cancel the authorization of 57 New Jersey agents to sell i
HONOLULU DECLARED DISASTER AREA
Wire and Staff Report |
Gov. John Waihee declared the city and county of Honolulu a major disaster area as the estimate on t
FEDERAL EXPRESS WINS SECOND CARGO AWARD
Dave Higdon |
For the second time in less than a decade, Federal Express has won the Cargo Development Award given
Air Cargo
SPOT PRODUCT PRICES
JOC Staff |
January, 4, 1988 U.S. spot oil products price indications, sellers range, in cents per gallo
BALTIC FREIGHT INDEX
JOC Staff |
1265.5 (Jan. 4) Previous day - 1263.5 The Baltic International Freight Futures Exchange in L
Maritime
CANE REFINERS TO JOIN TALKS ON SUGAR POLICY
Knight-Ridder Financial |
When domestic sugar industry representatives gather here Jan. 13 to continue discussions on alternat
Maritime
INTERNATIONAL SUGAR PACT LACKS SUPPORT TO TAKE EFFECT
From Staff & Wire Reports |
The new International Sugar Agreement has not attracted sufficient support to enter into force autom
Maritime
MEAT IMPORTS UNLIKELY TO TRIGGER '88 QUOTAS
(Ap) |
Meat imports are not expected to rise enough in 1988 to trigger mandatory quotas on shipments from f
Maritime
JAPANESE ARE UNEASY OVER NUCLEAR POWER
(Ap) |
Nearly 86 percent of Japanese surveyed said they feel uneasy about nuclear power in Japan, although
DEBT-FREE TORONTO HOPES FOR GROWTH IN PROJECT CARGOES
TOM McNIFF Jr. |
The port of Toronto begins 1988 debt free and has two major project cargoes" booked, signifying two
Maritime
KODAK'S AGRESSIVENESS PAYS OFF
(Ap) |
The walls tell it all at Eastman Kodak Co. Historically, the company's sprawling manufacturi
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Korean Trade Surplus Expected to FallSEOUL, South Korea - South Korea's trade surplus in 198
Transport, Trade and Regulation News
ON THE MOVE
Journal of Commerce Staff Report |
E.J. Muhl Named VPAt RoyalCHARLOTTE, N.C. - Edward J. Muhl, former Maryland Insuranc
PORTLAND AIRPORT TOPS PASSENGER, CARGO RECORD
Journal of Commerce Special |
Record numbers of passengers and cargo moved through Portland International Airport during 1987, acc
Air Cargo
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