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Commentary
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SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CHASE TO CUT EXPOSURE TO THIRD WORLD DEBT
(Reuter) |
Chase Manhattan Corp. plans to continue selling Third World debt and building its loan losses reserv
AVIATION BRIEFS
Wire and Staff Reports |
AIR CANADA ORDERS THREE BOEING 747-400SSEATTLE - Air Canada has ordered three Boeing Co. 747
Air Cargo
WESTERN UNION REPACKAGING DRAWS FIRE
Tony Seideman |
Western Union Corp.'s newest service introduction has its competitors seething. Competitors
TREASURY NOT PREPARING TO RESTRICT BUY-OUTS
Knight-Ridder Financial |
Treasury Secretary Nicholas Brady Wednesday said that the Bush administration is not preparing any p
JUDGE DISMISSES LABOR CHALLENGE TO RAIL DOCUMENT
Howard S. Abramson |
A federal judge has dismissed a challenge by railroad labor to a tactic adopted by the carriers for
Rail News
TRANSPORT EARNINGS
Wire and Staff Reports |
UNION PACIFIC POSTS JUMP IN PROFITUnion Pacific Corp. said its fourth quarter profit rose to
Trucking News
TRINIDAD WILL EASE IMPORT CURBS
Canute James |
Trinidad and Tobago will ease import restrictions as part of an agreement for loans from the Interna
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These*trade*leads are supplied through the*World*Trade*Center*NETW ORK, a service of
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 24, 1989 Baltic International Freight Futures Exchange*PrevClose High
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1645 (Jan. 24, 1989) Previous day - 1646 The Baltic International Freight Futures Exchange i
Maritime
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
CAR RENTAL INSURANCE MAY SOON DISAPPEAR
Tom Belden |
Fairly soon, the car-rental industry simply may stop debating whether its customers should be offere
SINGAPORE, CHINA SIGN SHIP PACT
P.T. Bangsberg |
Officials from China and Singapore signed a shipping accord Tuesday. It grants most-favored-
Maritime
RICHARD MALKIN'S - AIR CARGO FOCUS
Richard Malkin |
IT IS A MISTAKE to dwell on possible future dangers to the air cargo industry, Daniel Peudupin decla
Air Cargo
TEAMSTER LAWSUIT MAY BE SETTLED
Leo Abruzzese |
The massive racketeering lawsuit aimed at putting the Teamsters union under government control may b
Trucking News
EMPLOYMENT COSTS ROSE 5 PERCENT IN 1988
Knight-Ridder Financial |
The U.S. employment cost index rose 1 percent in the fourth quarter to an unadjusted 141.9, the Labo
AUTO DEALERS BLAST PRODUCERS' TACTICS
(Reuter) |
Automakers are expected to post record profits for 1988, but the outspoken new leader of the 20,000-
ELECTRONIC MAIL SYSTEM LINKS US, SOVIET USERS
Mark D. Berniker |
Electronic mail is lifting superpower relations to a whole new level. In the spirit of impro
MANILA PRAISES OPERATOR OF PRIVATIZED BOXPORT
Journal of Commerce Special |
Months after a private company won a ferocious battle to take over Manila's International Container
Maritime
JAMAICA'S CRACKDOWN ON DRUG SMUGGLING PAYS DIVIDENDS
Mimi Whitefield |
Jamaica must export to survive. When its government realized its legitimate exports were stuck in fo
Maritime
CORRECTION
JOC Staff |
An "Inside Talk on Insurance" column that appeared on page 9A in The Journal of Commerce on Friday,
INTERNATIONAL LOANS
Journal of Commerce Staff |
$42 million from the World Bank's International Development Association for research, training and e
FINANCIAL BRIEFS
Wire and Staff Reports |
BANK OF BOSTON SELLS BRANCH IN CURACAOBOSTON - The First National Bank of Boston said it has
OUTLOOK SEEN PROMISING FOR OIL PRODUCER TALKS
Toby Odone |
The Organization of Petroleum Exporting Countries and non-OPEC oil producers meet here Thursday unde
CSX DECIDES TO KEEP ITS W. VA. RESORT AREA
Journal of Commerce Staff |
CSX Corp. has decided to keep the Greenbrier resort it owns in White Sulphur Springs, W.Va.
Rail News
FED CHIEF LEANS TO THE TIGHTER SIDE
John Boyd |
Warning that inflation rates "clearly are too high," Federal Reserve Chairman Alan Greenspan suggest
PEOPLE - TRADE
Wire and Staff Reports |
GENERAL SIGNAL CORP. (Stamford, Conn.) - Arthur W. Zafiropoulo was named president, General Signal S
Maritime
DROUGHT IMPACT SEEN PERSISTING THROUGH '89
Howard Simon |
The lingering effects of the summer drought of 1988 will play a significant role in agriculture's ou
CHEMICAL EARNINGS
From Wire and Staff Reports |
MERCK NET ROSE 32 PERCENT IN FOURTH QUARTERRAHWAY, N.J. - Merck & Co., the nation's leading
NETHERLANDS STARTS DSM PRIVATIZATION WITH 34 PERCENT OFFERING
Bruce Barnard |
The Dutch government Tuesday launched the sale to private investors of a 34 percent stake in DSM NV,
CONSOLIDATORS HAIL DEMISE OF BOX RULE
Bruce Vail |
Ocean carriers will move immediately to stop enforcing the 50-mile container handling rule now that
HOPES FADE FOR RECOVERY OF DAMAGES TO GULF SHIPS
Robert F. Morison |
Carrier interests expressed disappointment Tuesday with a Supreme Court decision that they believe s
AIR CARGO RATES ON N. ATLANTIC COULD RISE 5 PERCENT
Ira Breskin |
International airlines plan to increase freight rates modestly for hauling export shipments eastward
PUBLISHER'S NOTEBOOK
Don C. Becker |
There is a huge difference between Donald E. Petersen, chairman of Ford Motor Co., and Lee A. Iacocc
EARNINGS FIREMAN'S FUND POSTS INCREASE IN NET INCOME
Journal of Commerce Staff |
Fireman's Fund Corp. reported Tuesday that operating income and net income for the fourth quarter en
GREENSPAN'S TESTIMONY GIVES DOLLAR A BOOST
Knight-Ridder Financial |
The U.S. dollar rallied Tuesday on bullish remarks by Federal Reserve Board Chairman Alan Greenspan,
TRANSPORT WOES THWART RHINOCEROS AIRLIFT TO US
Staff and Wire Report |
A complex plan to fly 10 rare black rhinoceros from Zimbabwe to the United States collapsed because
Air Cargo
CHLORINE SALES INCREASE
Journal of Commerce Staff |
Chlorine gas and liquid sales climbed to 1.83 million short tons in November,from 1.73 milli
ECONOMIC DATA ABROAD
From Wire Reports |
BONN: INFLATION TO RISE; GROWTH RATE TO DECLINEBONN, West Germany - The West German Governme
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