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US FIRMS COULD FEEL IRAQ IMPACT
Journal of Commerce Staff |
Iraq's invasion of Kuwait and the subsequent U.S. ban on trade with Iraq could threaten key Mideast
OCEAN CARRIERS AVOID CLASH OF ARMS
Alan Abrams |
Steamship lines were fortunate enough to not have their ships docked in Kuwait when Saddam Hussein's
GASOLINE PRICES RISE IN NY
Journal of Commerce Special |
Gasoline prices across New York rose modestly during the last half of July, resuming an upward trend
SPOT PRODUCT PRICES
JOC Staff |
Aug. 2, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in warehouse min. 99.
US EXPORTERS FEAR LOST SALES
Paula L. Green |
Officials at Ford Motor Co. are prepared to divert a 50-vehicle shipment bound for Kuwait to another
SINGMARINE NET UP 49 PERCENT IN FIRST HALF
Journal of Commerce Special |
Singmarine Industries Ltd. chalked up a 49 percent increase in after-tax profit to S$9.7 million (US
Maritime
IRAQI SEIZURE OF KUWAIT LEAVES WEST FEW OPTIONS
Sam Glasser |
The United States and Saudi Arabia don't have many good options to deal with Iraq's invasion of Kuwa
MANAGING TRAFFIC
Greg Johnson |
SHIPPERS HAVE CONTINGENCY plans ready if a strike materializes at United Parcel Service. "If
IBM WILL FORM PRODUCTS FIRM
From Wire Reports |
International Business Machines Corp. said Wednesday it will form a new information products company
Maritime
DEBT SWAP ARRANGED BY MEXICO, JAMAICA
From Wire Reports |
Jamaica said Wednesday it and Mexico had agreed on a debt-equity swap program that will reduce the C
FINANCIAL BRIEFS
From Wire and Staff Reports |
MOODY'S MAY LOWER RATING FOR INDIAN DEBTMoody's Investors Service Inc. announced that it has
AKZO EARNINGS OFF FOR QUARTER
Journal of Commerce Staff |
Akzo NV reported lower earnings for the second quarter of 1990, due to a drop in vinyl prices and a
CHEMICAL BRIEFS
Wire and Staff Reports |
US CARMAKERS SPLIT OVER ETHYL'S ADDITIVERICHMOND, Va. - General Motors Corp., Ford Motor Co.
THE JOURNAL OF COMMERCE TRADE CLIP AND SAVE SERVICE GLOBAL ENVIRONMENT: US GOVERNMENT PERSPECTIVE
JOC Staff |
BACKGROUND: The environmental challenges confronting the world today are greater than at any other t
Maritime
BREZENOFF MAY FILL NY AUTHORITY POST
(Ap) |
Stanley Brezenoff, a first deputy mayor in the Koch administration, is expected to become the new ex
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 2, 1990Bid AskedCopper-G
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago8/2 8/1 Change % Change
SPOT COMMODITIES
JOC Staff |
Aug. 2, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
HOUSE PANEL APPROVES TOXIC GOODS LEGISLATION
Geoffrey Brown |
The House Public Works and Transportation Committee approved a hazardous materials transportation bi
CANADIAN PACIFIC WINS NOD TO OPERATE D&H
Leo Abruzzese |
The Interstate Commerce Commission issued an emergency order Wednesday authorizing Canadian Pacific
LYKES' PLAN TO ADD BOXSHIPS IN ATLANTIC RUNS INTO OPPOSITION
Bruce Vail |
Any hope by Lykes Bros. Steamship Co. for quick government approval of its plan to add two modern co
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
RAINS DELAY HARVEST OF AUSTRALIA'S SUGARSYDNEY, Australia - Australia's 1990 sugar crop harv
AIR INDIA MOVES TO BOOST CARGO, TARGETS EUROPE PLAN COULD END US FREIGHT RUN
N. Vasuki Rao |
State-owned Air India is moving to boost cargo operations substantially over the next few years, but
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
W. GERMAN SURPLUS IN TRADE NARROWSFRANKFURT, West Germany - The West German trade surplus na
THE ECONOMY
Wire and Staff Reports |
1.5 PERCENT DECLINE REPORTED IN US FACTORY ORDERSOrders for goods from the nation's factorie
GASOLINE PRICES
JOC Staff |
Aug. 2, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
GLOBAL EDI STANDARDS GARNER WIDE SUPPORT BY AUSTRALIAN USERS
Vincent W. Stove |
Australia has made a significant commitment to global paperless trading standards. About 1,0
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * "E" Award Profile - Midamar Corp. 5A* Greg Johnson - Managing Traffic
AUSTRIA SEEKS ROLE AS BRIDGE TO EAST COUNTERPOISE TO GERMANY?
Michael S. Lelyveld |
As long as East European telephones look like espresso coffee machines, Vienna will remain the best
LLOYD'S ABOLISHES BROKER CHARGES
Edwin Unsworth |
Lloyd's of London announced Thursday it is to stop charging its controversial subscription fee to br
FEW CHANGES EXPECTED AT CBT UNDER O'CONNOR
From Wire Reports |
The high profile of Karsten Mahlmann's position as chairman of the Chicago Board of Trade mandated t
BALTIC FREIGHT INDEX
JOC Staff |
1185 (Aug. 2, 1990) Previous day - 1175 The Baltic International Freight Futures Market in L
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 234.22 off 0.78 which compare
SEA-LAND SUES FEDERAL AGENCIES TO BLOCK SUBSIDIES FOR WATERMAN
Bruce Vail |
Unhappy with a June decision by the Department of Transportation to extend some $97 million in subsi
CN DOUBLE-STACK SET FOR LAUNCH IN FALL
Leo Ryan |
Canadian National Railways Thursday announced a fall launching of the first Canadian, double-stacked
TWO TEAM TO COVER 1990 GOODWILL GAMES
Brigitte Maxey |
A 17-day international sporting competition and cultural exchange between top athletes from around t
ALLIANZ TO BUY FIREMAN'S FUND GERMAN INSURER ENTERS US MART
From Wire Reports |
Europe's largest insurer, Allianz AG Holding of West Germany, said Thursday it will acquire Fireman
TANZANIA ASKS US TO POSTPONE TEXTILE EMBARGO TRANSSHIPMENTS UPSET PANEL
Rosalind Rachid |
The government of Tanzania has asked the United States to postpone the date set for an embargo of te
Maritime
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