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RAILS, TRUCKS TO EXPERIENCE SLOWER GROWTH NEXT YEAR
Geoffrey Brown |
The Commerce Department predicts that for 1991 rail freight tonnage will be nearly flat, truckers ca
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Currency Forecast 3A * More Japanese Bank Mergers Expected 3A* Janet Aschke
THE ECONOMY
Wire and Staff Reports |
LEADING INDICATORS FELL 1.2 PERCENT IN NOVEMBERA day after reporting a record plunge in dura
COMMERCE SEES JUMP IN UTILITY COAL USE
Tim Sansbury |
The Commerce Department is considerably more bullish than the coal industry itself in projecting coa
OUTLOOK DIMS A BIT FOR LINER SHIPPING
Bruce Vail |
The outlook for U.S. liner shipping companies between 1991 and 1995 is not as bright as it was just
CHINA'S GUANGZHOU ZONE REPORTS SHARP REBOUND FROM '89 SLUMP
Gene Linn |
The economic and technical zone of this southern Chinese city posted solidgains this year de
ASIAN FUTURES
JOC Staff |
Dec. 28, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
SPOT PRODUCT PRICES
JOC Staff |
Dec. 28, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
HONG KONG SUSPENDS EXPORT COVER
Wire Reports |
Hong Kong's Export Credit Insurance Corp. is suspending all new coverage on shipments to the Middle
GULF, SOVIET UNREST SEEN BOOSTING DOLLAR
Gordon Platt |
Currency traders predicted the dollar will rise in the next few weeks due to political unrest in the
GOVERNMENT CORRUPTION ROTTING SIERRA LEONE
Howard Witt |
Vultures perch on the balcony of the hilltop Paramount Hotel, waiting for something to die in the cr
Maritime
MORE JAPANESE BANKING MERGERS LIKELY AS DEREGULATION INCREASES
A.E. Cullison |
Greater numbers of mergers among Japanese banking institutions are expected in the 1990s as the indu
FOREIGN TRADE WOES? DON'T BLAME UNIONS
From Wire Reports |
Labor unions are often cited for weakening U.S. competition in foreign markets, but this cannot be b
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 28, 1990Brent Crude Oil - (Dollars Per Barrel)
BALTIC FREIGHT INDEX
JOC Staff |
1446 (Dec. 28, 1990) Previous day - 1450 The Baltic International Freight Futures Market in
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
MARLINE MARINE USES NEW BALTIMORE ADDRESSEDISON, N.J. - Marlin Marine Services Inc., an ocea
Maritime
BRAZILIAN COCOA GROWERS, EXPORTERS ARE EXPECTED TO FEEL '91 RECESSION
Elizabeth Herrington |
Brazil's looming recession will affect Brazil's cocoa growers and exporters in 1991, though perhaps
NEW LINE TO START MEDITERRANEAN RUN
Bruce Vail |
A new liner service carrying breakbulk and heavy-lift cargoes from the southern United States to ea
Maritime
MILITARY CHARTERS NAVIERAS ROLL-ON
Bruce Vail |
The Maritime Administration gave Puerto Rico's government-owned shipping line permission to juggle i
Maritime
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
POLYVINYL ACETATE HOMOPOLYMERS Unocal Corp.'s Chemicals Division will increase the price of
HUMANITARIAN AID FROM INDIA ARRIVES AT AIRPORT IN MOSCOW
From Wire Reports |
An Indian air force plane carrying 24 metric tons of humanitarian aid landed at Moscow's Sheremetyev
MINERS' UNION PUSHES SCRUBBERS TO PRESERVE HIGH-SULFUR COAL JOBS
Tom Daykin |
The United Mine Workers union wants Kentucky and other states to encourage electric utilities to con
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 221.36 off 1.37 which compares
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended12-21 12-1
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JANET ASCHKENASY'S INSIDE TALK ON INSURANCE
Janet Aschkenasy |
A HARTFORD, CONN., INSURANCE BROKER received a playful greeting card last fall. It featured
NJ AGENTS GROUP PUTS TRUE ON BOARD
Journal of Commerce Staff |
Thomas M. True, president of True & Associates in Westfield, has been elected to the Professional In
TRADE BRIEFS
Wire and Staff Reports |
YANAYEV SEES NO PACT ON JAPAN ISLANDS SOONGennady Yanayev, newly elected Soviet vice preside
Maritime
ITALIAN STUDIES PAINT PESSIMISTIC SCENARIOS
Rosy Nimroody |
Italian businessmen and economists are warning of an impending recession as the year comes to a clos
Maritime
PANEL TOLD DRUG COMPANIES SPEND MILLIONS LURING DOCTORS
Donna Shaw |
Imagine you are a marketing executive for a major pharmaceutical firm that has a new prescription tr
SHIPS WARNED OF MINES IN GULF
From Wire Reports |
Lloyd's of London warned ships in the Persian Gulf Friday about a risk of mines off the Arabian coas
Maritime
GORBACHEV ADVISER BACKS DUAL CURRENCY SYSTEM
From Wire Reports |
President Mikhail Gorbachev's personal economic adviser said he favored the creation of a convertibl
AIR CARGO IN SINGAPORE READY TO GO ELECTRONIC
Jacob Daniel |
Singapore's air cargo industry will get its own electronic business communications network on Jan. 2
US EXPORT BOOM LIFTS BOX VOLUME
Alan Abrams |
The U.S. recession is hurting many American industries, but a boom in exports kept container traffic
OVERCAPACITY WILL SLOW '91 GROWTH IN CHEMICALS
Pei-Tse Wu |
Shipments of chemicals and allied products will slow in 1991 because of industry overcapacity, highe
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,640-$1,700 per ton lots & in warehouse min. 99.
SPOT COMMODITIES
JOC Staff |
Dec. 28, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
SEVERAL CANDIDATES SEEK TOP MASS. INSURANCE POST
Journal of Commerce Special |
With only three working days left in his term, Massachusetts Gov. Michael Dukakis last week swore in
PEOPLE - MARITIME
From Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC. (Staten Island, N.Y.) - Carlota Guerra was named district sales manager
Maritime
P/C UNDERWRITING LOSSES EXPECTED TO WORSEN IN '91 WRITTEN PREMIUMS LIKELY TO RISE
Lorraine Iannello |
Underwriting losses are expected to reach new depths for property/casualty insurance companies in 19
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