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MAJOR GAINS AND DECLINES IN CARLOADINGS
Source: Adapted from Weekly Railroad Traffic, Association of |
Three Weeks Ended Feb. 23, 1991, vs. Similar 1990 Period Cars Cars Loaded LoadedChange
JUGOLINIJA SERVICE TO MIDEAST UP IN AIR
Erich E. Toll |
An expected decision by Jugolinija on whether to continue sailing to the Middle East has been hinder
TEXTILE TARGET SHIFTS TO TAIWAN AS CHINA VOWS TIGHTER CONTROL US CUSTOMS VISIT REPORTED IN TAIPEI
P.T. Bangsberg |
With China moving to defuse a potentially disastrous clash with the United States over textiles, it
Maritime
CHUBB SETTLES ASBESTOS CASE LITIGATION
From Wire Reports |
Pacific Indemnity Co. a Chubb Corp. subsidiary, will pay $142 million to Fibreboard Corp. of Concord
INSURANCE BRIEFS
Wire and Staff Reports |
JARDINE UNIT ACQUIRES MILLER WATSON & CO.Jardine Insurance Brokers Inc. said its Vancouver,
TNT MERGES DIVISIONS TO FORM SINGLE EXPRESS DELIVERY FIRM COMPANY WILL OFFER 'ONE-STOP SHOPPING'
Janet Porter |
The Australian transport giant TNT Ltd. merged its international operations into a single unit to cr
AVIATION COMPANIES BRACE FOR LOSSES IN INDIA
N. Vasuki Rao |
All four state-owned aviation companies in India are expected to post losses for fiscal 1990-91 thro
PEOPLE - MARITIME
From Wire and Staff Reports |
KELLY INTERNATIONAL (Jamaica, N.Y.) - John J. Buckley Jr. was named vice president of sales and mark
Maritime
AVIATION GROWTH EXPECTED, DESPITE SHAKEOUT
Bill Mongelluzzo |
The airline industry today is undergoing a shakeout that is largely unrelated to the Persian Gulf Wa
DOMINICAN REPUBLIC AIRPORT COMPLETES TERMINAL EXPANSION
Journal of Commerce Special |
Santo Domingo's newly expanded Las Americas International Airport went into full operation recently,
EC RESUMES TALKS WITH SOVIETS ON $1 BILLION IN FOOD AID
Journal of Commerce Staff |
The European Community Monday decided to resume talks with the Soviet Union over a $1 billion emerge
Maritime
FALLOUT FROM GULF WAR WILL BE FELT IN JAPANESE POLITICS
Aki Soga |
The fallout from the Persian Gulf war is likely to shake up Japan's basic political system, which sh
US COMPANIES VISITING EUROPE TO FORGE DIRECT MARKETING TIES
Bruce Barnard |
The U.S. Commerce Department Saturday launched its first direct marketing trade mission to Europe to
Maritime
US FIRMS REBUILDING KUWAIT FACE HIGH INSURANCE COSTS
From Wire Reports |
Booming demand for political-risk insurance by U.S. companies rebuilding Kuwait is more than doublin
TEXACO LEADER PUSHES PUBLIC RELATIONS
Alan Abrams |
Dick Quegan is not shy. The gregarious and sunburned Texaco Inc. oil tanker executive admits
Maritime
BILL GIVES TAX BREAK TO MARINERS IN WAR ZONE
Journal of Commerce Staff |
Legislation proposed in the Senate would give merchant mariners involved in supplying Persian Gulf f
Maritime
SOVIET UNION REVIEWS OIL EXPORT POLICY
Knight-Ridder Financial |
Because of its rapidly declining oil production, the Soviet Union has stopped its oil being traded a
NEW US-MEDITERRANEAN SERVICE TO HANDLE LUMBER EXPORTS
Bruce Vail |
A Greek shipping line is planning a project to carry forest products from the United States to Medit
Maritime
E. ASIANS URGED TO UNITE FOR ECONOMIC PROTECTION
Mark Magnier |
East Asia faces crucial challenges in finding its stride and fitting into the yet undefined new worl
PORK PRODUCERS LAUNCH APPEAL IN CANADIAN CASE
John Maggs |
U.S. pork producers said they will appeal a decision, made under the U.S.-Canada free trade agreemen
HILLS OPPOSES REVIVAL OF TOUGHER TRADE LAW
John Maggs |
U.S. Trade Representative Carla Hills said last week that she remains opposed to a revival of the Su
ALLEGED PESTICIDE RESIDUE FRAUD MAY LEAD TO TIGHTER LEGISLATION
Pei-Tse Wu |
Allegations that a Texas laboratory falsified pesticide residue studies is leading the Environmenta
STATE EFFORT IS URGED TO PREVENT FEDERAL ROLE IN SOLVENCY REGULATION
Aviva Freudmann |
There is still time for insurers and state regulators to blunt efforts to give the federal governmen
HOFFA MAY NEED JUSTICE RULING TO SEEK TEAMSTERS PRESIDENCY
John Lippert |
James P. Hoffa may have to petition the U.S. Justice Department to become eligible forthe Teamsters
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Mar. 4, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
THE ECONOMY
Wire and Staff Reports |
FACTORY ORDERS EXPECTED TO DECLINEU.S. factory orders are expected to have fallen 0.7 percen
RECOVERY COULD TAKE 5 YEARS, KUWAIT OIL EXECUTIVE SAYS
From Wire Reports |
Kuwait may need five years to rebuild its oil industry, shattered by the Iraqi invasion, a senior ex
SHIP GARBAGE RULE TAKES EFFECT APRIL 1
Journal of Commerce Staff |
Ship operators must have waste management plans and post informational placards on pollution regulat
Maritime
COST OF CREDIT
JOC Staff |
Mon., March 4, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
ASIAN FUTURES
JOC Staff |
Mar. 4, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
COMEX METAL WAREHOUSE
JOC Staff |
Mar. 4, 1991 Copper Total, 16,776. Gold Total, .1,540,127.Silver Total, .263,068,549.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago3/4 3/1 Change % Change:
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,530-$1,540 per ton lots & in wareh
TRAFFIC BRIEFS
Wire and Staff Reports |
ARGENTINE STRIKE STRANDS WHEAT-LADEN RAILCARSBUENOS AIRES, Argentina - A 19-day strike on fo
NYK LINE OPENS CHICAGO RAIL HUB
Bill Mongelluzzo |
NYK Line (North America) Inc.'s Chicago Hub Center that opened this weekend is designed to enhance t
AVIATION BRIEFS
Wire and Staff Reports |
AIR WIS SERVICES TO MERGE AIRLINE UNITSNEW YORK - Air Wis Services Inc. said Monday it will
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Mar. 4, 1991CRUDE OIL(1,000 barrels; dollars and cents
TRADE BRIEFS
Wire and Staff Reports |
CHINESE PREMIER BACKS REFORM TO HIKE INCOMEHONG KONG - Chinese Premier Li Peng, apparently m
Maritime
ROSALIND RACHID'S TRADE TALK
Rosalind Rachid |
IT HAPPENED SO FAST. The walls around Eastern Europe crashed to the ground, the Persian Gulf
Maritime
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