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Platts Containers Update
RUMORED SAUDI REBATE COULD PUSH PRICES DOWN
Paul Schaffer |
The reported Saudi plan to offer rebates to key crude oil buyers based on spot market trends could p
TRUCKING BRIEFS
From Wire and Staff Reports |
Mack Sale, Lease-Back Nets Millions in CashALLENTOWN, Pa. - Mack Trucks Inc. said it complet
Trucking News
'PASSIVE' INVESTMENT STRATEGY URGED IN INTERNATIONAL MARKETS
Kevin Commins |
Investors seeking to diversify internationally should adopt a "passive" investment approach, accordi
WHY US OIL IMPORT FIGURES DON'T MATCH
Dallas Morning News |
The number of barrels of crude oil imported from Iran by U.S. companies in July totaled either 19,76
CORRECTION
JOC Staff |
A story on Tuesday's insurance page incorrectly stated the threshold at which life insurers can test
US FOOTWEAR COULD BE A 'SHOE-IN'
Andrea Knox |
It's a heart-warming scenario: A small U.S. shoe manufacturer, threatened with extinction by the ons
Maritime
METPATH TO SELL SWISS HOLDINGS
Journal of Commerce Staff |
MetPath Inc., a subsidiary of Corning Glass Works, announced that it has reached agreement to sell 1
MEXICO, US NEAR TRADE AGREEMENT
William Orme |
The United States and Mexico may sign a trade agreement within the next 30 days, but it will be far
CONRAIL HIKES BOXCAR CAPACITY FOR GM PARTS
Andrea Chancellor |
Consolidated Rail Corp. raised the roofs on 100 boxcars by 21 inches to increase capacity to move au
Rail News
COMPUTERIZE OR RISK FUTURE, FREIGHT GROUP STUDY FINDS
Tony Seideman |
Computerize or risk devastation by better-capitalized competitors is the conclusion reached by a rec
Trucking News
TRANSPORT CALENDAR
JOC Staff |
Salomon Bros. Inc. Transportation Conference - All Modes, Oct. 7-9, Willard Inter-Continental, Washi
Trucking News
CANADIAN PREMIERS SPLIT ON TRADE PACT
Leo Ryan |
Five of Canada's 10 premiers expressed serious reservations about the draft U.S.-Canada free trade d
FARM POLICIES SEEN CHANGING IN SOVIET UNION
JOC Staff |
The long-standing Kremlin policies of huge subsidies, easy credit and rigid prices for Soviet agricu
Maritime
WEINBERGER WON'T SEND COAST GUARD TO GULF
(Ap) |
Defense Secretary Caspar W. Weinberger has overridden plans to send a small number of Coast Guard pa
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
WORLD MONEY FRONT DOLLAR FALLS IN SLOW TRADING ON FEARS OF HIGHER RATES
Knight-Ridder Financial |
The U.S. dollar declined Wednesday on fears of higher interest rates worldwide. Analysts sai
MAJOR US BANKS RAISE PRIME RATES TO 9.25 PERCENT
From Wire and Staff Reports |
Major U.S. banks raised their prime lending rates to 9.25 percent from 8.75 percent Wednesday, follo
HENRY KAUFMAN PREDICTS INCREASE IN THE DISCOUNT RATE
Nancy Miller |
Henry Kaufman, chief economist at Salomon Brothers, predicted the Federal Reserve will incrementally
TWO IN JAPAN CHARGED WITH COPYING SOFTWARE
(Ap) |
Police said Wednesday they have arrested a Taiwanese and a Japanese for allegedly illegally copying
Maritime
BRAND NAME DRUG TESTED AGAINST GENERIC EQUIVALENT
Journal of Commerce Staff |
A $55,000 study is under way to test a brand name drug against a generic equivalent. The dru
NY, NJ FACE SANCTIONS UNDER CLEAN AIR DEADLINES
Journal of Commerce Staff |
New Jersey and New York stand a good chance of facing construction bans for failure to meet Clean Ai
TWO MINERAL FIRMS MAKE PLANS TO DIVEST ELECTRIC UTILITIES
John Maggs |
Two mineral companies announced plans Wednesday to get out of the electric utility business.
JAPAN AIR LINES CUTS BACK VANCOUVER FLIGHTS
Mark Wilson |
Japan Air Lines is cutting back service between Tokyo and Vancouver to three flights a week this win
Air Cargo
BALTIC FREIGHT INDEX
JOC Staff |
1075.0 (Oct. 7) Previous day - 1071.0 The Baltic International Freight Futures Exchange in L
Maritime
COST OF CREDIT
JOC Staff |
Wed., Oct. 7, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
EPA SETS CLEANUP AT NY, NJ SITES
Journal of Commerce Staff |
The Environmental Protection Agency has selected remedies for eight Superfund sites in New Jersey an
SOLID BLOCK TO CONTAIN TOXIC WASTE AT NJ SITE
(Ap) |
The Environmental Protection Agency will spend $7.4 million to clean up an Elizabeth, N.J., hazardou
ONE NY DELI FOR VA., HOLD THE ACCENT
Leah Young |
In the 1960s Washington was a sleepy southern town so different from northern New Jersey where I gre
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
HOW TO USE: To determine the codes for specific products and services of interest to you, co
Maritime
US DEFICIT IN TRADE WITH TAIWAN RISES 21 PERCENT
(Ap) |
Taiwan registered a trade surplus with the United States of US$12.5 billion for the first nine month
Maritime
FOREIGN TRADE PARLEY BLASTS PRESHIPMENT INSPECTIONS
Craig Dunlap |
THE GROWING PRACTICE by foreign governments requiring exports to their countries to be inspected for
Maritime
BA-ALITALIA COURTSHIP A SUCCESS?
Andrew Mutter |
In an interview with an Italian newspaper last weekend, British Airways President Lord King of Wartn
Air Cargo
SPOT PRODUCT PRICES
JOC Staff |
October 6, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
SHIP, MONEY GLUT KEEPS IRANIAN OIL FLOWING
Chicago Tribune |
With the help of buccaneering crews and greedy shipowners, Iran's oil exports are flowing at normal
Maritime
CORRECTION
JOC Staff |
An Associated Press story Sept. 14 about the largest fur-garment manufacturer in the world, Jindo In
Maritime
NJ COMPANY ENTERS CHINESE JOINT VENTURE
Journal of Commerce Staff |
Chronar Corp. announced Tuesday that it has entered into a joint venture agreement with a Hong Kong
Maritime
CUSTOMS READIES MANIFEST RULE
Marie Prat |
U.S. Customs will publish a proposed "unique bill of lading" rule in November, fueling controversy o
Maritime
EPA TACKLES STORM-WATER RUNOFF
Journal of Commerce Staff |
The U.S. Environmental Protection Agency has announced a $300,000 two-year, pilot program to control
CHESEBROUGH-POND'S TO CLOSE ALA. PLANT
Journal of Commerce Staff |
Chesebrough-Pond's Inc. will discontinue manufacturing operations at its Huntsville cosmetics, skin
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