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APPROVAL SOUGHT FOR FUEL SURCHARGES
Leo Abruzzese |
Truck rate associations are asking the Interstate Commerce Commission toallow collective fue
TRAFFIC BRIEFS
Wire and Staff Reports |
TEAMSTER GROUP LISTS WELL-PAID OFFICIALSMore than 150 top Teamsters officials earned in exce
INSURANCE BRIEFS
Wire and Staff Reports |
PIA WILL PARTICIPATE IN GATT NEGOTIATIONSThe National Association of Professional Insurance
IRAQ EMBARGO SQUEEZES US FOOD EXPORTERS
Paula L. Green |
U.S. exporters of agricultural goods ranging from grains to wood products are feeling the squeeze o
CUSTOMS WARNS OF PORT DELAYS IF BUDGET SLICED
Mark Magnier |
The U.S. Customs Service sent out notices to its 16,500 employees, warning them of major cutbacks in
STOCK PRICE CLOUDS AIG'S MERGER PLAN
Lorraine Iannello |
American International Group Inc.'s falling stock price is clouding the company's proposed merger wi
ECONOMIC DATA ABROAD
Wire and Staff Reports |
ORDERS FOR MACHINERY UP 4 PERCENT IN W. GERMANYFRANKFURT, West Germany - Orders for West Ger
US LIMITATION OF LIABILITY ACT IS CAUGHT IN A LEGAL TIDE RIP
Peter D. Clark |
The United States Shipowners' Limitation of Liability Act (46 U.S.C. Sec. 181 et. seq.) isone of the
Maritime
TRADING WITH ZAIRE ZAIRE OFFERS OPPORTUNITY, UNCERTAINTY
Duncan Robinson |
Zaire's market of 36 million consumers and its wealth of natural resources offer good potential for
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1210 (Aug. 29, 1990) Previous day - 1215 The Baltic International Freight Futures Market in
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 29, 1990Brent Crude Oil(Dollars Per Barrel)
JAPAN POISED TO RAISE DISCOUNT RATE
Michael Duvally |
Here we go again. It is discount rate hike season in Japan again, and the markets and
JAPAN TO SEND AIRCRAFT, SHIPS TO FORCES IN GULF
A.E. Cullison |
Prime Minister Toshiki Kaifu promised Wednesday night to supply commercial cargo aircraft and mercha
PRE-HOLIDAY TRADE SLOWS DOLLAR MART
Knight-Ridder Financial |
The U.S. dollar was mixed Wednesday afternoon in slow pre-Labor Day holiday trading. The abs
JAPAN PLAYSCATCH-UP IN ELECTRIC CAR QUEST CLEAN VEHICLE IS ELUSIVE GOAL
(Reuter) |
Japan, sensing growing environmental pressures, is accelerating efforts to develop practical models
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
RUBBER BROKERS EXPECT PRICES TO STAY FIRM OTHERS SEE BEARISH TREND
Knight-Ridder Financial |
Rubber futures prices, which fell Monday and Tuesday following sharp gains last week, are expected t
JAPAN PUTS LIMITS ON CHEMICAL USED TO TREAT SHIP BOTTOMS
A.E. Cullison |
Restrictions on local production and import of tributyl tin compounds, known as TBT, used for treati
Maritime
TRADE BRIEFS
Wire and Staff Reports |
US TO SELL SAUDIS WIDE RANGE OF ARMSThe United States will sell Saudi Arabia a multibillion-
Maritime
AFRICAN ENTREPRENEURS SEEK CHANGES
Rosalind Rachid |
African entrepreneurs based in North America are playing an increasingly aggressive role in making s
Maritime
STOTLER'S BANKRUPTCY FILING LEAVES MANY BROKERS HOLDING THE BAG
Gina Rarick |
Stotler and Co.'s bankruptcy filing not only left hundreds of brokers on its creditor list, but left
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Aug. 29, 1990Dubai Crude Oil(Dollars Per B
FINANCIAL BRIEFS
Wire and Staff Reports |
RUMORS PUT PRESSURE ON ISRAELI CURRENCYIsraelis anticipating a new economic plan that could
BRAZILIAN PACT WITH IMF LOOMS
Knight-Ridder Financial |
The Brazilian government was expected to sign a letter of intent for an 18- month stand-by agreement
COST OF CREDIT
JOC Staff |
Wed., Aug. 29, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
SPOT COMMODITIES
JOC Staff |
Aug. 29, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
NEWS SUMMARY
JOC Staff |
* Trading With Zaire 4A * Tom Connors - Washington 8A* Mark Magnier - Inside Talk From the W
ITALIAN SHIP LINE CHARTS COURSE
Bruce Vail |
The new managing director of Genoa-based Italia di Navigazione will travel to the United States next
TIN PRICE HITS 44-MONTH LOW
From Wire Reports |
Tin prices plunged to their lowest level in 44 months Wednesday and market analysts said chances for
FIVE MORE FRIGATES MAY TRANSFER TO NY
(Ap) |
The projected Navy homeport on Staten Island could become the base for five more frigates once the P
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
ROBERTS EXPRESS ADDS 2 PERCENT RATE SURCHARGEAKRON, Ohio - Roberts Express Inc. imposed a 2
MATSUSHITA, TANDY FORM COMPUTER VENTURE
Knight-Ridder Financial |
Japan's Matsushita Electric Industrial Co. and U.S.-based Tandy Corp. agreed to form a joint venture
Maritime
TRADE BRIEFS
Wire and Staff Reports |
US TO PROBE IMPORTS OF JAPANESE DISPLAYSThe International Trade Commission cleared the way W
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 29, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
SPOT PRODUCT PRICES
JOC Staff |
Aug. 29, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
PORT OFFICIALS IN SEATTLE BACK WAREHOUSE PLAN HEAVY LOSSES SPARK REFORM
John Davies |
A three-year plan to end heavy financial losses in the Port of Seattle's warehouse operations won po
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in warehouse min. 99.
CRUDE OIL SUPPLIES INCREASE IN WEEK WHILE GASOLINE INVENTORIES SHRINK
Journal of Commerce Staff |
Crude oil stocks rose by 942,000 barrels from the previous week and were 39.3 million barrels higher
ATLANTIC CARRIER GROUP FINALIZING SURCHARGE
Allen R. Wastler |
A volatile oil market and bunker pricing snafus are interfering with efforts by the North Atlantic o
Maritime
HONG KONG SHIPYARD REPORTS MASSIVE LOSS
P.T. Bangsberg |
One of the few remaining local shipbuilders, already struggling to reorganize, reported a 213 perce
Maritime
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