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TOPGALLANT READY TO LAUNCH TRANS-ATLANTIC BOX SERVICE SHIPS WILL BE CREWED WITH LABOR FROM MEBA
Mark Magnier |
Topgallant Group Inc., a new operation that was a low bidder on a contract tohaul military c
BANK FRAUD SENTENCE DOUBLED
P.T. Bangsberg |
One of the key figures in the mammoth fraud that nearly wrecked Bank Bumiputra Malaysia Bhd. had his
COMMODITY BRIEFS
From Wire and Staff Reports |
CSCE Lowers Margins On Sugar 11 ContractThe Coffee, Sugar and Cocoa Exchange announced origi
RAILS MOSTLY WELCOME INTERMODAL MIDDLEMAN
Lawrence Kaufman |
Despite protestations to the contrary, railroads have not yet decided whether they love or hate thir
ENERGY BRIEFS
From Wire and Staff Reports |
AEP Plans '88 Start On Fluidized Bed PlantAmerican Electric Power Corp. expects to break gro
HELICOPTER RUSHES SEAMAN FROM BOXSHIP TO HOSPITAL
Journal of Commerce Staff |
A seaman aboard an American President Lines containership was airlifted back to San Francisco after
Maritime
SPOT PRODUCT PRICES
JOC Staff |
April 22, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
AAPA OPENS DRIVE AGAINST PROTECTIONISM
Robert F. Morison |
The nation's ports are mounting an effort to head off protectionist provisions in foreign trade legi
Maritime
US FARM OFFICIAL LEAVES TOKYO EMPTY-HANDED, DISAPPOINTED
A.E. Cullison |
Agriculture Secretary Richard Lyng described nearly a week of trade talks with Japan as a total fail
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Unions representing more than 600,000 postal workers told the U.S. Postal Servi
ON THE MOVE GIOIA QUITS PSC TO JOIN FIRST ALBANY
Staff Report |
Paul Gioia, removed by Gov. Mario Cuomo as chairman of the Public ServiceCommission, said We
INDIA STILL WANTS SUPERCOMPUTER
Neel Patri |
India has yet to decide if it will go ahead with the purchase of a U.S. supercomputer. The R
US IMPROVES TERMS OF TAIWAN TEXTILE PACT
Rose A. Horowitz |
Taiwan achieved more favorable terms in negotiating a one-year extension of a textile agreement with
NEW ROUND OF CHIP TALKS AIMS TO RESOLVE US-JAPANESE CONFLICT
A.E. Cullison |
The United States and Japan agreed to reopen stalled talks on the semiconductor dispute that led Pr
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
COST OF CREDIT
JOC Staff |
Wednesday, April 22, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EVER GUEST CALLS AT SEATTLE
Gloria Joseph |
Evergreen Lines' Ever Guest, the largest working containership to call a Washington state port, rece
Maritime
INDONESIA SLASHES TRADE SURPLUS
P.T. Bangsberg |
Hard-pressed Indonesia, suffering from low oil prices, saw its trade surplus more than halved last y
Maritime
TRADE FAIRS
From Wire and Staff Reports |
US Pavilion Planned For Poland Trade FairThe Commerce Department is inviting U.S. firms to p
Maritime
TRANSPORT CALENDAR
JOC Staff |
Pacific Coast Association of Rail Shipper Biannual Transportation Seminar, April 23-24, Stardust Hot
DEREGULATION CLIPS WINGS OF WORKERS
Chicago Tribune |
Deregulation of the airline industry has led to lower fares, but it also has led to an attack on uni
AUSTRALIA REMAINS BYSTANDER IN JAPANESE COAL TALKS
Knight-Ridder Financial |
The Australian government has no plans to intervene in talks between local mining companies and Japa
INTERMODAL ALLIANCE TO FIGHT THE FORCES OF REREGULATION
David M. Cawthorne |
Railroad, aviation, bus, transportation broker and shipper representatives formed a new intermodal a
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
APPOINTMENTS APPROVED FOR USER FEE COMMITTEE
Journal of Commerce Staff |
Treasury Secretary James A. Baker approved the appointment of 16 business and transportation industr
Maritime
VENEZUELANS CAUGHT IN ECONOMIC QUAGMIRE
(Ap) |
A recent cartoon in a leading Venezuelan newspaper showed the fight of the century," starring a jub
Maritime
MEXICO UNDECIDED ON CONTINGENCY LOAN
WILLIAM A. ORME Jr. |
Mexico will wait until late next month before deciding whether to request a US$500 million continge
Maritime
PERU SUSPENDS SILVER EXPORTS
Knight-Ridder Financial |
Peru is suspending silver exports "until the international price stabilizes," Wilfredo Huaita, energ
2 FINANCIAL CONTRACTS WIN CFTC APPROVAL
Knight-Ridder Financial |
The Commodity Futures Trading Commission Wednesday approved trading in twofinancial futures
OIL OPTIONS PLAN IS A REFLECTION OF COMPLEX MART
Kirby V. Freeman |
The New York Mercantile Exchange's planned introduction of heating oil options this summer reflects
HANJIN-KOREA MERGER 2 TO 3 MONTHS AWAY
Bill Mongelluzzo |
The merger of Hanjin Container Lines and Korea Shipping Corp., considered by many in the maritime in
Maritime
TAX ADVANTAGE PRESERVED FOR INSURANCE COMPANIES
Leah R. Young |
The Supreme Court preserved the insurance company tax advantage that leads many companies to purchas
SELF-INSURANCE MAY BE RX FOR FLA. MAL PRACTICE ILLS
C.A. Carpenter |
Florida Insurance Commissioner Bill Gunter is proposing a mandatory self- insurance pool for the sta
POSTAL WORKERS SEEK MAJOR WAGE HIKES
(Ap) |
Opening the nation's largest round of labor negotiations this year, unions representing more than 60
AUSTRALIAN DOLLAR KEEPS SLIDING
Knight-Ridder Financial |
The Australian dollar fell to 69.80 U.S. cents Wednesday, as local importers rushed to sell.
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan to Halve Duty On Chocolate ImportsJapan will cut its import duty on chocolate from the
Maritime
TRANSPORT EARNINGS
JOC Staff |
Earnings Jump At Union PacificUnion Pacific Corp. reported first quarter earnings increased
OSAKA SET TO TRADE STOCK FUTURES
Journal of Commerce Special |
Osaka Stock Exchange will start trading in stock futures June 9, an exchange official said Wednesday
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