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CHINA WILL UPGRADE STEEL MILLS TO REDUCE RELIANCE ON IMPORTS
Journal of Commerce Special |
China aims to use foreign investment to beef up its steel mills and reduce the country's reliance on
Maritime
OIL PRICES FORECAST TO REMAIN WEAK
Edwin Unsworth |
Oil analysts with stockbrokers Phillips & Drew have forecast in theirDecember Oil Market Out
SEA-LAND, AMERICAN PRESIDENT EXPANDING RAIL CARGO NETWORK
John Davies |
The nation's two largest steamship lines are rapidly learning that some of their most profitable ste
Rail News
LOOKING AHEAD
JOC Staff |
* The U.S. insurance industry will see good profits this year, but potential losses from AIDS claims
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
OXFORD SELLS INTEREST IN DAM
Journal of Commerce Staff |
Oxford Energy Co. said it sold its limited partner interest in a 1.8 megawatt hydroelectric dam to S
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
CURRENCY TRADERS EXPECT DOLLAR TO FALL SHARPLY IN EARLY JANUARY
Kevin Commins |
The dollar is likely to drop substantially in the first two weeks of this month, according to curren
CRAIG DUNLAP'S INSIDE TALK FROM THE SOUTHEAST
Craig Dunlap |
TIME TO UPDATE the scorecards for the Miami shipping community as 1988 dawns. John Tureman i
Maritime
NO BANNER YEAR EXPECTED
Howard S. Abramson |
The Commerce Department predicted that 1988 will be an unspectacular year for the nation's railroad
Rail News
AVIATION BRIEFS
From Wire and Staff Reports |
Federal Express to Add 35 Aircraft to FleetMEMPHIS, Tenn. - Federal Express Corp. will enlar
Air Cargo
MEXICAN DEBT PLAN MAY BOOST SWAP MART
Jenifer Otwell |
The unique program announced last week to use 20-year U.S. bonds to help refinance some Mexican debt
BALTIC FREIGHT INDEX
JOC Staff |
1263.5 (Dec. 31) Previous day - 1259.0 The Baltic International Freight Futures Exchange in
Maritime
BIG JAPANESE BUYERS MAY RE-ENTER MART
Journal of Commerce Staff |
Japanese institutional investors are holding big cash positions which likely will move back into the
DOLLAR'S DECLINE FORCES JOB CUTS AT IRELAND'S WATERFORD GLASS
JOC Staff |
The fall of the U.S. dollar has dealt a shattering blow to this grim southern port city of 40,000 wh
Maritime
US CONTROLS ITS DESTINY IN EXPORTS TO ASIA
P.T. Bangsberg |
One of the biggest question marks concerning prospects for U.S. exports to Asia in 1988 is the Unite
PETROCHEMICAL PROJECTS BOOM IN HOUSTON AREA
Journal of Commerce Staff |
A total of 49 petrochemical construction projects with a combined value of approximately $1.5 billio
FAILURE TO INSURE COSTS TENN. FIRM OPERATOR LICENSE
Gregory S. Johnson |
A troubled Tennessee-based trucking company has had its operating license revoked by the Interstate
Trucking News
THAI AIRWAYS PROFIT HIGHEST IN 27 YEARS
P.T. Bangsberg |
Thai International Airways reports record pre-tax operating profit of nearly 2.2 billion baht (US$88
Air Cargo
COST OF CREDIT
JOC Staff |
Thu., Dec. 31, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FINANCIAL BRIEFS
Wire and Staff Reports |
Purchasers Report Strong US EconomyNEW YORK - The U.S. economy grew in December at a much br
HUGE MARKET DRAWS MORE US FIRMS TO INDIA
(Ap) |
More and more US companies are finding fertile ground in India for investment, transplanting everyth
Maritime
RAIL BRIEFS
From Wire and Staff Reports |
UTU Says it Will Seek Expedited ArbitrationThe United Transportation Union will not seek uni
Rail News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Dec. 19 total piggyback freight hauled on the nation's major railroads equaled 10
Rail News
DUAL-FUEL USERS SWITCH BACK TO NATURAL GAS
Andrea Chancellor |
Peoples Gas Light and Coke Co. said that all its customers that have dual- fuel capacity switched ba
TRUCKING BRIEFS
From Wire and Staff Reports |
Traffic Restrictions Lifted on NY BridgeTraffic restrictions on the Manhattan Bridge's lower
Trucking News
MARITIME FUTURE IS UNCERTAIN
Robert F. Morison |
While the outlook for U.S.-flag shipping companies might improve this year, prospects look bleak for
Maritime
CUSTOMS BEGINS DRIVE ON FALSE VISAS
Journal of Commerce Staff |
The U.S. Customs Service has begun a major effort to educate the importing community about textile f
Maritime
DECKS TO BE CLEARED ON USL ECONSHIPS UNDER COURT ORDER
James Nolan |
United States Lines' eight Econships will be clearing their decks soon of empty cargo containers. Ma
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Royal Caribbean Gets New Cruise ShipRoyal Caribbean Cruise Line's new $185 million cruise sh
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
In-Bond Assembly Congress: How to Establish Assembly Plants and Sub-Contract Assembly Programs in Me
Transport, Trade and Regulation News
DEALERS EXPECT HEAVY SELLING TO DEPRESS DOLLAR THIS MONTH
Alan Zimmerman |
The new year will see the dollar extend its three-year decline to at least 1.5 deutsche marks and 11
MAJOR CHINESE BANK PLANS TO CUT BACK LOANS
Noel Fletcher |
Only days after senior economic officials warned of dangers ahead for the economy this year, a major
Maritime
CONGRESS WANTS STUDY OF NAVY BASE
(Ap) |
Congress has decided to hold up the start of construction on a proposed $400 million U.S. Navy commu
Maritime
SUEZ INCOME HITS NEW HIGH
(Ap) |
Suez Canal income in 1987 was the highest for a single year since the waterway was opened 118 years
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
ITC Extends Deadline For Flashlight ProbeThe U.S. International Trade Commission has extende
Maritime
HIGH-VALUED YEN PROVES BLESSING IN DISGUISE
Evelyn Richards |
The harried manager of the Tiffany & Co. branch in Tokyo's fashionable Ginza district casts a chagri
ON THE MOVE
Journal of Commerce Staff Report |
Reed Resigns As PresidentOf ConrailStuart M. Reed resigned Thursday as president and
UN AIR SAFETY AGENCY FACING FINANCIAL CRISIS
Leo Ryan |
The United Nations agency which oversees the safety and efficiency of world air transport is facing
Air Cargo
ENERGY BRIEFS
From Wire and Staff Reports |
Pemex Earnings Reach $8 BillionThe state oil monopoly Petroleos Mexicanos announced that ear
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