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BALTIC FREIGHT INDEX
JOC Staff |
921.5 (July 14) Previous day - 922.0 The Baltic International Freight Futures Exchange in Lo
Maritime
J.B. HUNT REPORTS DROP IN EARNINGS
JOC Staff |
J.B. Hunt Transport Services Inc.'s second quarter earnings fell to $6.1 million, or 26 cents a shar
Trucking News
VAN OMMEREN PLANS SALE, CHARTER DEAL
Journal of Commerce Staff |
Van Ommeren NV, the Rotterdam-based shipping and tank storage group, is selling five ships and chart
Maritime
SOUTHLIFE TO ACQUIRE SECURITY TRUST LIFE
Journal of Commerce Staff |
The expected merger of two relatively small southeastern life insurance companies will result in the
EXXON TO HALT BARGE POSTINGS?
Sam Glasser |
Exxon Co. U.S.A. will reportedly discontinue posting a wholesale barge price for home heating oil on
VIRGIN EXECUTIVE DECRIES UNDERCAPITALIZED AGENT
Richard Malkin |
At approximately the time that his boss, Richard Branson, along with Per Lindstrand, lifts off at Ca
Air Cargo
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
COST OF CREDIT
JOC Staff |
Tue., July 14, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
DEMAND, FEARS PUT THE SQUEEZE ON OIL MARKETS
Journal of Commerce Staff |
A surge in refinery demand and fears about tension in the Persian Gulf have resulted in tightness in
EXPORT BRIEFS
Wire and Staff Reports |
Pork Producers Join Common Market SuitDES MOINES, Iowa - Pork producers said they joined oth
Maritime
HOUSE SUBCOMMITTEE VOTES FOR TEXTILE IMPORT QUOTAS
Richard Lawrence |
A textile-footwear import quotas bill cleared the House Ways and Means trade subcommittee. T
FRANCE RESPONDS TO ATTACK
(Ap) |
France demanded an explanation from Iran for a predawn attack Monday against a French containership
Maritime
CANAL LOOMS OVER EVENTS IN PANAMA
Boston Globe |
As troops patrolled city streets still smoldering from recent protests, the 900-foot U.S. oil tanker
Maritime
STEEL OUTPUT FELL 2.7 PERCENT LAST WEEK
(Ap) |
Steel production fell to 1.649 million tons in the week ended July 11, a decrease of 2.7 percent fro
INTERNATIONAL BRIEFS
Wire and Staff Reports |
British Trade Mission Arriving in ArgentinaA British trade mission will arrive in Argentina
Maritime
CHINESE CITY IN THE MARKET FOR FOREIGN REFINERY INVESTORS
Gary Aderman |
Officials of this southeastern city are negotiating with companies in Singapore and Sweden at least
BRAZIL CONSIDERS LAW TO PROHIBIT DEBT SWAPS
James Bruce |
A proposal prohibiting the conversion of any part of Brazil's $110.6 billion international debt int
AGENCY GRANTS FUNDS FOR POLLUTION CONTROL
Journal of Commerce Staff |
The U.S. Environmental Protection Agency recently granted the City of New York's Department of Envir
TECO SAYS NEW COAL SERVICE AIMED AT ATTRACTING EXPORTERS
Journal of Commerce Staff |
TECO Transport & Trade Corp. of Tampa Fla., says it has screened about 6,000 tons of stoker coal as
TRADE COMMISSION AUTHORIZED TO OVERSEE AIRLINE ADVERTISING
Leah R. Young |
The House Energy and Commerce Committee approved a Federal Trade Commission bill transferring author
SENATE PANEL VOTES PASSENGER PROTECTION BILL
Dave Higdon |
Homework payed off Tuesday for senators pushing for airline consumer protection when the Senate Comm
Air Cargo
REAGAN HOPES IRAN, IRAQ WOULD HONOR CEASE-FIRE
(Ap) |
U.S. President Reagan is hopeful of early passage of a United Nations Security Council cease-fire re
Maritime
FINANCIAL OUTLOOK BRIGHT FOR FULL TRUCKLOAD FIRMS
Leo Abruzzese |
Rapidly growing full truckload carriers will boost their earnings substantially this year and outper
Trucking News
JURY AWARDS $1.06 MILLION TO LAW FIRM
Journal of Commerce Staff |
A federal court here awarded more than $1 million to a Los Angeles law firm in a dispute with its in
CRISIS MAY BE CONTAGIOUS
(Ap) |
Florida's medical malpractice crisis may be the forerunner of problems facing other states where mal
WELLNESS PROGRAMS NET HEALTHY RESULTS
Bill Mongelluzzo |
An employee wellness program that emphasizes positive reinforcement and regular monitoring of person
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
NEWS SUMMARY
JOC Staff |
GENERAL NEWS IBM second-quarter earnings were lower, but better than expected. Page 2AA Hou
VALVE ASSEMBLAGE IS FRUIT OF US-BRAZIL UNION
James Bruce |
"I am a firm believer in interdependence," declared Paulo Didier Viana, president and founder of Bra
SMALL EXPORTERS FAIL TO EXPLOIT TAX BREAK
Michael S. Lelyveld |
Thousands of small exporters are missing out on millions of dollars in U.S. tax breaks available und
US COAL SALES TO ITALIAN UTILITY LOOK PROMISING
Tim Sansbury |
Efforts touting the advantages of burning certain types of high quality U.S. coal may pay off in mor
HONG KONG'S JEWELRY MARKET PROVES A TOUGH 'NUGGET' TO CRACK
John Kelley |
The only two U.S. exhibitors at the 1987 Hong Kong International Garment and Jewelry Expo are going
Maritime
EC AGREES ON FARM PROGRAM SUBSIDY PAYMENTS TO BE REIMBURSED INSTEAD OF ADVANCED
(Ap) |
Farm ministers of the European Community agreed on a funding plan to keep the trading bloc's farm su
Maritime
IBM EARNINGS FALL LESS THAN EXPECTED
(Ap) |
International Business Machines Corp.'s second-quarter profit fell 9.8 percent from last year, but t
FINANCIAL BRIEFS
Wire and Staff Reports |
Xerox Financial Buys Wall Street FirmSTAMFORD, Conn. - Xerox Financial Services Inc. agreed
SQUEEZE ON AGENTS HELD PERIL TO SHIPPING
P.T. Bangsberg |
Changes in maritime business threaten to squeeze out the traditional ship agent, snapping a fundamen
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INSURANCE BRIEFS
From Wire and Staff Reports |
Clause Could Speed Home Group PurchaseThe Home Group Inc. announced it has been granted earl
MANAGING BENEFITS & HEALTH CARE 401(K) PLANS ALIVE AND WELL
Ray Alvareztorres |
Six months after tax reforms placed new restrictions on 401(k) sav ingsplans, the popular ac
CHASE BUYS BANKAMERICA'S SINGAPORE CREDIT CARD UNIT
P.T. Bangsberg |
After months of haggling, Bank of America is selling its Singapore Visa card unit to Chase Manhattan
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