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INDONESIA UNVEILS SIXTH PACKAGE IN THREE YEARS TO SPUR ECONOMY
Journal of Commerce Staff |
Indonesia has announced a sweeping package of economic reforms in keeping with its drive to deregula
Maritime
COOS BAY OPENS ARMS TO POLISH SHIP REPAIRS
JOC Staff |
U.S. Defense Department authorization allowing the Polish fishing fleet to be overhauled and repaire
Maritime
SPOT PRODUCT PRICES
JOC Staff |
December 30, 1987 U.S. spot oil products price indications, sellers range, in cents per gall
NIGERIA WON'T GIVE DISCOUNTS ON OFFICIAL SELLING PRICES
Journal of Commerce Staff |
Nigeria said that it will not give discounts on official selling prices for its crude oil, the OPEC
COLGATE-PALMOLIVE SELLS FIBER UNIT
Journal of Commerce Staff |
Colgate-Palmolive Co. announced that its subsidiary, the Kendall Co., completed a previously announc
ARMY URGES BURNING OF CHEMICAL WEAPONS
(Ap) |
The Army said last week that the best way to dispose of its aging stockpile of chemical weapons is t
CHEMICAL BRIEFS
From Wire and Staff Reports |
ChemClear Awarded Cleanup ContractWAYNE, Pa. - ChemClear Inc. has been awarded a $1.2 millio
AMTRAK-CONRAIL ACCIDENT BECAME A CATALYST FOR CHANGE
(Ap) |
Amtrak trains rocketing through this town at 120 mph still stir nightmarishmemories of a cra
Rail News
ATV ACTION: TOO LITTLE, TOO LATE?
(Ap) |
The Justice Department says it did the best it could to prevent deaths caused by all-terrain vehicle
NEWS SUMMARY
JOC Staff |
AIR CARGO Commerce Department forecast anticipates slightly greater growth in air cargo volu
FACT SHEET DESCRIBES VISAS FROM CHINA
Journal of Commerce Staff |
The U.S. Customs Service has put out a fact sheet on counterfeit visas used on textile exports from
Maritime
NEW PRODUCTS MARKETPLACE NEW HEADLIGHT HIKES POWER OF FOG LAMPS
JOC Staff |
An Austrian company has developed an additional headlight for automobiles in which a special system
Maritime
BRITISH COAL CITES NEED FOR MINERS' COOPERATION
Edwin Unsworth |
British Coal believes it can reach its goal of breaking even in the 1988-1989 fiscal year, provided
GENENTECH HEART DRUG TPA GETS OFF TO BRISK START
(Ap) |
One month after Genentech Inc.'s new heart drug went on the market, drug distributors are reporting
CHINA WILL UPGRADE STEEL MILLS TO REDUCE RELIANCE ON IMPORTS
Journal of Commerce Special |
China aims to use foreign investment to beef up its steel mills and reduce the country's reliance on
Maritime
OIL PRICES FORECAST TO REMAIN WEAK
Edwin Unsworth |
Oil analysts with stockbrokers Phillips & Drew have forecast in theirDecember Oil Market Out
SEA-LAND, AMERICAN PRESIDENT EXPANDING RAIL CARGO NETWORK
John Davies |
The nation's two largest steamship lines are rapidly learning that some of their most profitable ste
Rail News
LOOKING AHEAD
JOC Staff |
* The U.S. insurance industry will see good profits this year, but potential losses from AIDS claims
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
OXFORD SELLS INTEREST IN DAM
Journal of Commerce Staff |
Oxford Energy Co. said it sold its limited partner interest in a 1.8 megawatt hydroelectric dam to S
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
CURRENCY TRADERS EXPECT DOLLAR TO FALL SHARPLY IN EARLY JANUARY
Kevin Commins |
The dollar is likely to drop substantially in the first two weeks of this month, according to curren
CRAIG DUNLAP'S INSIDE TALK FROM THE SOUTHEAST
Craig Dunlap |
TIME TO UPDATE the scorecards for the Miami shipping community as 1988 dawns. John Tureman i
Maritime
NO BANNER YEAR EXPECTED
Howard S. Abramson |
The Commerce Department predicted that 1988 will be an unspectacular year for the nation's railroad
Rail News
AVIATION BRIEFS
From Wire and Staff Reports |
Federal Express to Add 35 Aircraft to FleetMEMPHIS, Tenn. - Federal Express Corp. will enlar
Air Cargo
MEXICAN DEBT PLAN MAY BOOST SWAP MART
Jenifer Otwell |
The unique program announced last week to use 20-year U.S. bonds to help refinance some Mexican debt
BALTIC FREIGHT INDEX
JOC Staff |
1263.5 (Dec. 31) Previous day - 1259.0 The Baltic International Freight Futures Exchange in
Maritime
BIG JAPANESE BUYERS MAY RE-ENTER MART
Journal of Commerce Staff |
Japanese institutional investors are holding big cash positions which likely will move back into the
DOLLAR'S DECLINE FORCES JOB CUTS AT IRELAND'S WATERFORD GLASS
JOC Staff |
The fall of the U.S. dollar has dealt a shattering blow to this grim southern port city of 40,000 wh
Maritime
US CONTROLS ITS DESTINY IN EXPORTS TO ASIA
P.T. Bangsberg |
One of the biggest question marks concerning prospects for U.S. exports to Asia in 1988 is the Unite
PETROCHEMICAL PROJECTS BOOM IN HOUSTON AREA
Journal of Commerce Staff |
A total of 49 petrochemical construction projects with a combined value of approximately $1.5 billio
FAILURE TO INSURE COSTS TENN. FIRM OPERATOR LICENSE
Gregory S. Johnson |
A troubled Tennessee-based trucking company has had its operating license revoked by the Interstate
Trucking News
THAI AIRWAYS PROFIT HIGHEST IN 27 YEARS
P.T. Bangsberg |
Thai International Airways reports record pre-tax operating profit of nearly 2.2 billion baht (US$88
Air Cargo
COST OF CREDIT
JOC Staff |
Thu., Dec. 31, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FINANCIAL BRIEFS
Wire and Staff Reports |
Purchasers Report Strong US EconomyNEW YORK - The U.S. economy grew in December at a much br
HUGE MARKET DRAWS MORE US FIRMS TO INDIA
(Ap) |
More and more US companies are finding fertile ground in India for investment, transplanting everyth
Maritime
RAIL BRIEFS
From Wire and Staff Reports |
UTU Says it Will Seek Expedited ArbitrationThe United Transportation Union will not seek uni
Rail News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Dec. 19 total piggyback freight hauled on the nation's major railroads equaled 10
Rail News
DUAL-FUEL USERS SWITCH BACK TO NATURAL GAS
Andrea Chancellor |
Peoples Gas Light and Coke Co. said that all its customers that have dual- fuel capacity switched ba
TRUCKING BRIEFS
From Wire and Staff Reports |
Traffic Restrictions Lifted on NY BridgeTraffic restrictions on the Manhattan Bridge's lower
Trucking News
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