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MALAYSIA, CHINA CLOSE TO ACCORD
(Ap) |
Malaysia hopes to sign a trade agreement with China before the Chinese lunar new year on Feb. 17, De
MCDERMOTT SELLS INSULATING UNIT
Journal of Commerce Staff |
McDermott International Inc. announced that the Insulating Products Group of its Babcock and Wilcox
UNION JITTERS ROCK UK COAL INDUSTRY
Edwin Unsworth |
The re-election this week of Arthur Scargill, widely considered the most militant of the country's m
US RIG COUNT DECLINES BY 28
(Ap) |
The number of oil and gas drilling rigs working in the United States dropped again last week, fallin
BOARD POLITICS COMPLICATE PORT CHIEFS' JOBS
Gloria Joseph |
The departure of James McJunkin as port director at Long Beach, Calif., is the latest example of a t
INSURANCE EXCHANGE OUTLIVES ITS RIVALS
Kevin Commins |
The Illinois Insurance Exchange has given new life to the fable of the tortoise and the hare.
JAPANESE IMPORTS OF CRUDE OIL FELL TO 18-YEAR LOW DURING 1987
A.E. Cullison |
Japan's crude oil imports fell to an 18-year low in 1987, largely because it imported more refined o
BETHLEHEM STEEL TO SELL SINGAPORE, TEXAS YARDS
Journal of Commerce Staff |
Bethlehem Steel Corp. has announced plans to sell its shipyards in Singapore and in Beaumont and Por
Maritime
REAGAN QUIPS ON FOOD STUDIES SOUR LAWMAKERS
(Ap) |
Lawmakers from crawfish country are boiling over President Reagan's suggestion that spending $200,00
Maritime
FOREIGN INVESTORS ARE RETURNING TO JAPANESE STOCK MARKET
Keiko Takagi |
After selling heavily toward the end of last year, foreign investors are expected to buy more Japane
US-FLAG SHIP LEFT OUT OF SOVIET SHIPMENT
Cristina Lee |
Eight Soviet-made excavators that are powered by General Motors engines will be shipped from Leningr
Maritime
PLASTICS CORNER INDIAN PETROCHEMICALS SIGNS MARKETING PACT FOR GE PRODUCTS
Neel Patri |
State-owned Indian Petrochemicals Corp. signed an exclusive sales and market- development agreement
TONY SEIDEMAN: EDI EXCHANGE
JOC Staff |
HIGH TECH doesn't always mean high profits. Don't take it personally, said an executive at C
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Wed., Jan. 27, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
HILTON TO MANAGE 400-ROOM HOTEL AT GREATER LA WORLD TRADE CENTER
Bill Mongelluzzo |
Hilton Hotels, the Beverly Hills-based corporation that operates more than 250 hotels and inns acros
Maritime
KEMPER UNITS ARE INVESTING $52 MILLION IN REINSURER
Journal of Commerce Staff |
Subsidiaries of Kemper Corp. are investing a total of $52 million in a new Bermuda-based reinsurance
CHINA STRUGGLES WITH INFLATION
(Ap) |
Rising inflation is casting a pall over the market-style reforms that have brought unprecedented pro
ON THE MOVE: IMPORTS FOOTWEAR GROUP NAMES F. EVENSON PRESIDENT
Journal of Commerce Staff |
Footwear Industries of America, a national trade association for domestic footwear producers, named
Maritime
ARGENTINA ACCEPTS BIDS UNDER NEW DEBT PLAN
Jeremy Morgan |
The Argentine government accepted six offers proposed by private sector investors under the recently
CANADA'S APPAREL PLAN MAY HIKE US PROTESTS AGAINST TRADE PACT
Richard Lawrence |
A Canadian apparel industry plan may increase U.S. industry opposition to the U.S.-Canadian free tra
NEWS SUMMARY
JOC Staff |
AIR CARGO Equipment suppliers warned airlines against taking a shortsighted approach to carg
FED BACKS PLAN ON NEW CAPITAL REQUIREMENTS
Leah R. Young |
The Federal Reserve Board voted 5-to-1 Wednesday to accept, in principle, compromise international c
HEFTY 4TH QUARTER GNP RISE COVERS UP NEW WEAK SPOTS
John Boyd |
In a report remarkable for its conflicting signals, the government revealed the U.S. economy grew at
ILA EXTENDS PACT 30 DAYS BEYOND RULING
Gloria Joseph |
The International Longshoremen's Association has agreed to continue working under its contract for a
Maritime
BUYING IN EGYPT
JOC Staff |
Traditional Exports Cotton, yarn, textiles, fertilizers, preserved fruits and vegetables, me
Maritime
COAL INDUSTRY PANEL LAYS GROUND WORK FOR EDI
Tony Seideman |
Coal mining companies are pushing to bring electronic data interchange to their industry, lest they
ENERGY BRIEFS
From Wire and Staff Reports |
NC Utility Sets Mark For Peak Electric UsageCHARLOTTE, N.C. - Duke Power Co. customers set a
COASTAL CORP. PLANS TO SELL STAKE ABROAD
Wire and Staff Reports |
Gasoline and fuel oil markets are not likely to be affected by Coastal Corp.' s plans to sell up to
NJ OFFICIAL WITHDRAWS COURT THREAT
(Ap) |
A dissident member of the New Jersey Highway Authority withdrew his threat of legal action to block
Trucking News
COAST GUARD DETAILS SERVICE CUTS
Robert F. Morison |
Effective immediately, the Coast Guard is making probably the deepest cuts ever in its operations to
Maritime
NY FUTURES EXCHANGES TROUBLED WITHIN
Chicago Tribune |
Though their markets are flourishing, New York's largest futures exchanges appear to be suffering fr
SEATTLE COMMISSIONER OBJECTS TO BIG PAYCHECK
John Davies |
One of the 10 Puget Sound port commissioners who would be eligible to receive $18,000 a year under a
Maritime
FRANCE'S SANOFI ACQUIRES TWO PERFUME COMPANIES
Journal of Commerce Staff |
Sanofi SA, a French pharmaceutical company, announced that it has acquired Fendi Profumi SpA and Flo
CHRYSLER CORP. TO CLOSE PLANTS IN KENOSHA, WIS.
(Ap) |
Chrysler Corp. said Wednesday it will close its aging Kenosha, Wis., assembly and stamping plants by
GASOLINE SUPPLIES RISE
Journal of Commerce Staff |
Supplies of key petroleum products followed normal seasonal trends last week with distillate oil sup
ENERGY BRIEFS
From Wire and Staff Reports |
OCAW Panel Meets To Decide on StrikeThe Oil, Chemical and Atomic Workers bargaining committe
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Due to technical difficulties at the U.S. Department of Commerce, we are unable to publish export op
Maritime
CARGO FIRMS BARRED FROM AIR OPERATIONS
Journal of Commerce Staff |
A federal court judge Wednesday required two air cargo companies to follow the letter of the law, so
Air Cargo
GM, PENSKE GET NOD TO BEGIN ENGINE VENTURE
Michael Lelyveld |
General Motors Corp. and Penske Corp. said they have received all necessary government approval to b
Trucking News
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