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MARITIME CALENDAR
JOC Staff |
National Association of Export Companies Inc. May 10. Annual meeting and luncheon. The 140 Club, 140
Maritime
PRUDENTIAL SUES TO COVER ASBESTOS CLEANUP COSTS
Laura Raley Borda |
Prudential Insurance Co. of America says it will cost $35 million to remove asbestos from the Dallas
MARITIME BRIEFS
From wire and Staff Reports |
Commission Refuses To Step Into DisputeThe Federal Maritime Commission again refused to step
Maritime
'NEW WAVE ECONOMICS' THEORY SAYS RECESSION UNLIKELY
(Ap) |
Sooner or later, pet economic theories become battered by events and must be recycled through academ
ENERGY BRIEFS
From Wire and Staff Reports |
OPEC Production Rose During AprilOil output in the Organization of Petroleum Exporting Count
APPAREL SECTOR SAYS PROGRAM BOOSTS PRODUCTIVITY BY 30 PERCENT
Bruce W. Fraser |
In an effort to beat back competition and stem losses in the billions ofdollars, retailers,
NEWS SUMMARY
JOC Staff |
AVIATION UTA French Airlines, though content to be a niche player in Europe, hasplan
EUROBOND MARKET LOSING SOME APPEAL
Journal of Commerce Staff |
The Eurobond market is unlikely to regain the rapid growth rate it enjoyed until last year, Moody's
INDUSTRIAL PRICE INDEX
JOC Staff |
The Journal of Commerce Industrial Price Index of Sensitive Spot Commodity Prices is the ratio of 18
DEMAND GROWTH FOR ETHYLENE SEEN CONTINUING
CHARLES THURSTON Journal of Commerce Staff |
U.S. ethylene demand will continue to rise from the market slump of the early 1980s and is projected
CHEMICAL EXPORTS BY PORT
Source: Port Import/Export Reporting Service, PIERS |
For February 1988 vs. February 1987 (In Metric Tons - Via Ocean)US Coast and PortFeb
FLAGS UNIT IS CRITICAL OF REPORT BY GAO
Robert F. Morison |
The chairman of a group of U.S. owners of foreign-flag vessels said a congressional investigating ag
Maritime
TRAFFIC BRIEFS
JOC Staff |
Trailer Train To Buy Much New EquipmentCHICAGO - Trailer Train Co. said it plans to spend ab
Rail News
TRANSPORT EARNINGS
Journal of Commerce Staff |
Canadian National Made Profit in 1987Higher traffic volumes and improved cost control by its
Rail News
CENTRAL AMERICAN PEACE HELD KEY TO GROWTH
Andres Oppenheimer |
The shaky cease-fire agreement between Nicaragua's Sandinista government and U.S.-backed Contra rebe
Maritime
TOP US CHEMICAL EXPORTS
Source: Port Import/Export Reporting Service, PIERS. |
For February 1988 vs. February 1987 (In Metric Tons - Via Ocean)Rank CommodityFeb. 8
SHIPPING CORP. OF INDIA LAMBASTED FOR PURCHASING FOREIGN VESSELS
Neel Patri |
A committee of the Indian Parliament has sharply criticized government-run Shipping Corp. of India f
Maritime
PEOPLE - OIL/GAS
From Wire and Staff Reports |
TEXAS EASTERN GAS PIPELINE CO. (Houston) - Joseph J. Solters joined the company as vice president of
PRICES CALM AFTER OPEC STORM
Bruce Barnard |
The European oil market had recovered its poise by the end of the week after a nervous reaction to t
TRAVEL INSURANCE OPTIONS INCREASINGLY SOPHISTICATED
Christopher Lofting |
Gone are the days when the only travel insurance was a simple life policy dispensed from an airport
Air Cargo
UTA'S PLANS FOR GROWTH INCLUDE US EAST COAST
Bill Mongelluzzo |
UTA French Airlines is content to be one of Europe's niche air carriers, but, like any business, it
Air Cargo
MARAD APPROVES REGISTRY TRANSFER
Journal of Commerce Staff |
The Maritime Administration approved the transfer of a large barge to foreign registry and received
Maritime
CONSUMER DEBT ROSE IN MARCH BY $4.5 BILLION
Knight-Ridder Financial |
U.S. consumers took on $4.461 billion more in installment credit than they paid off in March, after
EDI LATEST STEP IN AUTOMATION OF PAYMENTS
Michael Goldstein |
EDI has been accepted. Now the world is ready for electronic payments, saidRoy DeCicco, seni
LOG EXPORT BILL POSES PROBLEMS IN TRADE POLICY
Richard Lawrence |
A move is under way in Congress to let state governments control the export of logs from state lands
COST OF CREDIT
JOC Staff |
Fri., May 6, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
INSURANCE BRIEFS
From Wire and Staff Reports |
Batus Move to Acquire Farmers AdvancesPHOENIX, Ariz. - Batus Inc. said last week that the he
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PREMIUM TALK - JAMES P. CORCORAN, SUPERINTENDENT OF INSURANCE, STATE OF NEW YORK
This interview was conducted by Paula Green. |
TOPIC: Insurance Industry Antitrust Suit James P. Corcoran has served as the New York superi
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US CHEMICALS SHIPMENTS TO WORLD MARKETS
Source: Port Import/Export Reporting Service, PIERS |
For February 1988 vs. February 1987 (In Metric Tons - Via Ocean)RegionFeb. 88
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
US IMPORTS OF SAUDI CRUDE OIL SURGED IN FEBRUARY, DOE SAYS
John Maggs |
U.S. imports of Saudi Arabian oil have surged this year, according to new figures released by the En
TEXAS AIR, EASTERN SUE TWO UNIONS FOR $1.5 BILLION
Dave Higdon |
The $1.5 billion lawsuit by Texas Air Corp. and its Eastern Airlines unit marks a return to the use
Air Cargo
EDI BRIEFS
From Wire and Staff Reports |
Response Called Heavy To FMC Tariff ProjectThe Federal Maritime Commission has reported a he
ALASKA GEARS FOR SOVIET TRADE GAINS
Cristina Lee |
Alaska could reap substantial benefits from trade with the Soviet Far East, but it must be patient,
LEGISLATION PROMOTES DRUG PATROLS
Journal of Commerce Staff |
A House-approved amendment to a defense spending bill provides an extra $475 million for Coast Guard
Maritime
EUROPEAN TRANSPORT FIRMS LAUNCH EFFORT TO SAVE DUTY-FREE SALES
Bruce Barnard |
European airports, airlines and ferry companies have launched a joint effort to stop the European Co
AGRICULTURAL TRADE LEADS
Supplied by U.S. Department of Agriculture |
Soybeans Soybean seed. For reproduction by farmers. Quality: genetically highest grade for r
PEOPLE - FINANCIAL
Wire and Staff Reports |
NEW YORK STOCK EXCHANGE (New York) - Gerald F. Clark, Jaroslav W. Kryshtalsky and Richard Torrenzano
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