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BALTIC FREIGHT INDEX
JOC Staff |
1174.0 (Nov. 5) Previous day - 1171.5 The Baltic International Freight Futures Exchange in L
Maritime
AEROMEXICO CAN'T AFFORD TO UPGRADE AGING FLEET
WILLIAM A. ORME Jr. |
Aeromexico, one of Mexico's two state-owned airlines, is in the throes of afinancial "emerge
Air Cargo
CORRECTION
JOC Staff |
The Nov. 5 edition printed an incorrect report from Knight-Ridder Newspapers that documents destroye
Rail News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Oct. 25 total piggyback freight hauled on the nation's major railroads equaled 10
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
Ship Agency to Move LNG Carriers in R.I.The Maritime Administration will move three liquefie
Maritime
COMMERCE DENIES PRESSURING MIT NOT TO BUY A FOREIGN SUPERCOMPUTER
TOM McNIFF Jr. |
A U.S. Commerce Department spokeswoman says the Department did not oppose a since-aborted Massachuse
TRUCKING BRIEFS
From Wire and Staff Reports |
New Ford Models Gain In Fuel Economy TestsDEARBORN, Mich. - Ford Motor Co. Truck Operations
Trucking News
WORLD TODAY
Wire and Staff Reports |
Canadian Ban Covers Water Diversions to USThe Canadian government unveiled a new policy Thur
BIG AIRBUS SALE TO SAS LIKELY TO FUEL ATTACKS ON SALES TACTICS
Dave Higdon |
Critics of Airbus Industrie's marketing practices will get more ammunition for their arguments when
MEXICO, US TO SIGN TRADE AGREEMENT
WILLIAM A. ORME Jr. |
Mexico and the United States will sign a ground-breaking accord here today committing both sides t
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PEERLESS SEEKS TO KEEP SOME MASS. OPERATIONS
TOM McNIFF Jr. |
The Peerless Insurance Co. of Keene, N.H. publicly appealed to Massachusetts Gov. Michael Dukakis to
CANADIAN UNIVERSITIES TO SELF-INSURE
Leo Ryan |
Canadian universities are banding together to establish what will be Canada's first national self-in
PETROCHEMICAL TARIFF SPAT LOOMS BETWEEN EC AND SIX ARAB STATES
Bruce Barnard |
The European Community, mired in acrimonious trade rows with the United States and Japan, is in dang
NAPA WINE TRAIN SEEKS TO CLEAR STUMBLING BLOCK
Gregory S. Johnson |
The Napa Valley Wine Train, which is hoping to start-up operations later this month, will first have
Rail News
FREIGHT RATE FUTURES
JOC Staff |
Nov. 5 Baltic International Freight Futures Exchangeprev.Close High Low
Maritime
S. KOREA HELPS FINANCE IMPORTS FROM US
(Ap) |
In an attempt to ease trade friction, South Korea has allocated an additional $500 million in specia
Maritime
PROBLEMS MAY DELAY JUNE SHUTTLE LAUNCH
(Ap) |
The schedule for a June 2 space shuttle launch has become so tight because of problems that Kennedy
Air Cargo
TAIWAN DOLLAR HITS A PEAK
(Ap) |
The Taiwan dollar hit a record high of 29.89 against the U.S. dollar Thursday amid reports of more U
GALVESTON COMPLETES RAIL SALE
Gary Taylor |
A private company took over the port of Galveston's switching railroad Thursday after a federal judg
Maritime
GULF COAST LEGISLATOR SEES LAW ON PREFERENCE TOUGH TO REPEAL
Robert F. Morison |
A Gulf Coast congressman warns it won't be easy to repeal the provision of law giving Great Lakes po
Maritime
HONG KONG PORT TRAFFIC RISES
P.T. Bangsberg |
Port traffic swelled in the second quarter compared with both the first quarter and last year's seco
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Panama Sugar Bill Postponed by SenateIntroduction of legislation to cut off sugar imports fr
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
NEW PRODUCTS MARKETPLACE UK MACHINE CLEANS MANUFACTURED PARTS
JOC Staff |
Components manufactured on advanced flexible manufacturing systems, known as FMS, and their fixtures
Maritime
BIDS FROM US TO BUILD TOKYO BRIDGE ARE SPARSE
A.E. Cullison |
Only two U.S. companies have applied to participate in construction of the huge $8 billion Tokyo Ba
EXPORT BRIEFS
Wire and Staff Reports |
Boeing Computer To Form Joint VentureBELLEVUE, Wash. - Boeing Computer Services says it has
Maritime
IUD MAKER EYES VALUE OF CLAIMS
(Ap) |
The A.H. Robins company estimated in federal court it will take $700 million to $1.2 billion to reso
PLASTICS CORNER MONSANTO SUES HIMONT OVER RUBBER PATENT
Journal of Commerce Staff |
Monsanto Co. confirmed that it has initiated legal proceedings in Italy against Himont Italia SpA fo
CHEMICAL MARKETS IVOLIN BOOSTS PRICES FOR ESSENTIAL OILS
Journal of Commerce Staff |
Ivolin Enterprises has increased November list prices for several essential and concentrated essenti
TAIWAN SEEKS HALT TO CURRENCY PRESSURE
Keith M. Rockwell |
Taiwan officials are urging the United States to stop pressuring them into further appreciating thei
TRANSPORT EARNINGS
From Wire and Staff Reports |
Earnings Increase At Northern AirBELLEVUE, Wash. - Northern Air Freight Inc. earned $391,807
Air Cargo
INDIA'S SCI SETS PLANS TO ACQUIRE MORE SHIPS
Neel Patri |
State-owned Shipping Corp. of India plans to invest 5 billion rupees (US$407 million) to acquire mod
Maritime
TAIWAN BLAMES ITS SURPLUS ON US FIRMS
Keith M. Rockwell |
Fearful of reprisals from trade legislation in Congress, a group of Taiwanese officials is trying to
PUERTO RICO, VENEZUELA MAY BOLSTER TRADE TIES
Barbara Cornell |
Gov. Rafael Hernandez-Colon has embarked on a four-day official visit to Caracas intended to strengt
Maritime
REVIEW ORDERED OF ILA-DELTA CASE
Joseph Bonney |
A federal appeals court has ordered a lower court to reconsider its decision that now-defunct Delta
DOLLAR'S FALL WORRIES LLOYD'S CHAIRMAN
Edwin Unsworth |
Peter Miller, chairman of Lloyd's of London, said Thursday he is greatly concerned about the recent
ANALYSTS SAY DOLLAR WILL DECLINE FURTHER
Alan Zimmerman |
The U.S. dollar's plunge Thursday to a record low against the deutsche mark and interest rate cuts i
UK LOSS OF HIRE CLUB FACES STIFF COMPETITION
Edwin Unsworth |
The Transmarine Loss of Hire Club, the only mutual to provide insurance protection against merchant
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
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