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Platts Containers Update
KNAPPTON CORP. INAUGURATES CONTAINER BARGE OPERATION
Journal of Commerce Special |
Knappton Corp. brought its first load of barged containerized cargo from the Columbia-Snake River sy
Maritime
SOUTH KOREA LOOKS TO JAPAN
(Ap) |
South Korea's ambassador called for Japan to open its markets wider and predicted an eventual improv
Maritime
NEW ORLEANS, CUSTOMS END SITE DISPUTE
Marie Prat |
A truce has been called in New Orleans over a U.S. Customs Service program to examine cargo at a cen
Maritime
US EXECUTIVES WATCH TRADE TALKS
A.E. Cullison |
Executives of U.S. corporations in Japan are anxiously awaiting news of what Prime Minister Yasuhiro
W. GERMAN MINISTER DEFENDS GROWTH POLICY
Journal of Commerce Staff |
A top West German official asked for understanding for his government's only moderately expansionist
NEWS SUMMARY
JOC Staff |
GENERAL NEWS A roundup of the latest reports on the economy. Page 2ATwo government reports
Maritime
US STEEL OUTPUT DECLINES 0.3 PERCENT
(Ap) |
U.S. steel production dropped to 1.721 million tons in the week ended April 25, a decline of 0.3 pe
INSURANCE BRIEFS
From Wire and Staff Reports |
Primerica Is New Name Of American CanAmerican Can Co. said shareholders at the annual meetin
STOCKS FOLLOW DOLLAR HIGHER
Gordon Platt |
Stocks rose along with the dollar Tuesday, amid hopes interest rates may not have to go any higher.<
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHEMICAL MARKETS BENZENE USE IN GASOLINE BOOSTS MART
Arnaldo Arroyo |
The strengthening trend in the market for benzene is expected to continue throughout the summer mont
MEDIUM-SIZE FORWARDERS: FUTURE FAR FROM BLEAK
Richard Malkin |
Over the past year or so many air cargo industry personalities whose views were reflected in this co
RAIL BRIEFS
From Wire and Staff Reports |
Conrail Crewmen Quit Just as Hearings StartThe two crewmen of a Conrail train which collided
CORRECTION
JOC Staff |
A story in Monday's editions incorrectly stated the amount of cargo handled by International Termina
Maritime
6 INJURED IN NJ ACCIDENT
(Ap) |
Six people, including two state troopers, remained hospitalized Tuesday with injuries suffered in a
ENERGY BRIEFS
From Wire and Staff Reports |
NYPA Trustees Cut Hydropower Rate HikeALBANY, N.Y. - The New York Power Authority trustees h
IMPORT FAIRS
From Wire and Staff Reports |
Franchise Expositions Set for Eight US CitiesThe International Franchise Association will ho
Maritime
EXPORT FAIRS
From Wire and Staff Reports |
US Pavilion Planned For Poland Trade FairThe Commerce Department is inviting U.S. firms to p
Maritime
TAIWAN SPEEDS MOVE TOWARD PRIVATIZATION
Donald Shapiro |
The government is preparing to close two state-owned corporations inthe metal industry - the Taiwan
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Export, Import Deals Fall Sharply in JapanExport and import contracts concluded by the 13 ma
Maritime
CHIP MARKET FORECAST TO GROW 18 PERCENT
(Ap) |
The world semiconductor market should grow nearly 18 percent this year to reach $31 billion, the Wor
Maritime
SAMPLE OF CLASSIFICATION DIFFERENCES BETWEEN TSUS* AND HARMONIZED SYSTEM
JOC Staff |
* Agricultural Products: The Harmonized System classifies fruit puree and fruit pastes along with ja
Maritime
UNISYS WINS RECORD HONG KONG ORDER
P.T. Bangsberg |
After many months of cliff-hanging, Unisys Corp. of Detroit signed a US$50 million contract with Hon
MTL NET LOSS LAID TO FOREIGN SHIP DEBT
Chris Dupin |
Marine Transport Lines Inc. had a net loss of approximately $360,000 or 12 cents a share in the thre
Maritime
CHEVRON EARNINGS PLUNGE 47 PERCENT
JOC Staff |
Chevron Corp. reported first quarter consolidated earnings of $198 million, 58 cents a share, down 4
MORE FLA. DOCTORS FACE LOSS OF COVER
C.A. Carpenter |
St. Paul Fire and Marine Insurance Co. said it plans to pull out of the medical malpractice market f
INSURANCE EARNINGS
JOC Staff |
Operating Income Rises at SafecoSafeco Corp. reported first quarter operating income from co
TAIWANESE PORTS PLAN GRAIN SILOS
Donald Shapiro |
Two Taiwanese ports are planning to construct large new grain silos with the help of foreign and dom
Maritime
NEW MARITIME MALADY - FRAUD FROM WITHIN
James Nolan |
As if financial woes weren't bad enough, the troubled maritime industry is beset with "more con men
Maritime
TRUCKING BRIEFS
From Wire and Staff Reports |
Scania Sold 46 Trucks During First QuarterORANGE, Conn. - Saab-Scania of America Inc. report
EARNINGS IMPERIAL CHEMICAL'S NET JUMPS MORE THAN 50 PERCENT
Journal of Commerce Staff |
Imperial Chemical Industries PLC reported net income for first quarter 1987 of $301.0 million, or $1
UK AIRPORTS' CARGO TRAFFIC UP 3.5 PERCENT
Journal of Commerce Staff |
Cargo handled at the seven airports managed by the British Airports Authority rose by 3.5 percent in
ALASKA AIMS TO PUT RAILROAD BACK ON THE RIGHT TRACK
(Ap) |
To boosters, the Alaska Railroad is a $34 million investment in the state's future. To critics, it's
OSWEGO POLICIES CRITICIZED
(Ap) |
The port of Oswego, central New York's only deep-draft cargo outlet, will lose state funding unless
Maritime
FERRY OWNERS ACCEPT BLAME FOR DISASTER
(Ap) |
Divers worked Tuesday to spray away six feet of mud believed to entomb bodies on the lower decks of
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
THE ECONOMY WAGE, BENEFIT COSTS IN LINE WITH TRENDS
From Wire and Staff Reports |
The cost of paying workers in wages and benefits is remaining about in line with the recent moderate
WORLD TODAY
From Wire and Staff Reports |
White House Rejects Compromise on BudgetThe White House continues to reject any compromise f
SENATE PANEL BROADENS TRADE ADJUSTMENT AID
Helen Ericson |
The Senate Finance Committee today will consider amendments that would make its version of the trade
DRILLING PLAN AFFECTS AREAS FROM MAINE TO CALIFORNIA
(Ap) |
Here is a description of the offshore areas affected by the Interior Department's five-year oil dril
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