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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
EXPANSION OF TRINIDAD AIRPORT TO INCLUDE NEW CARGO COMPLEX
Larry Luxner |
The Trinidad and Tobago government has approved an enlarged cargo warehouse and an export processing
COMMODITY BRIEFS
Wire and Staff Reports |
EC FARM NEGOTIATORS DISCUSS SUBSIDY CUTSBRUSSELS, Belgium - European Community Uruguay Round
TRAFFIC BRIEFS
Wire and Staff Reports |
VIA RAIL ENGINEERS FLUNK SOBRIETY TESTNIAGARA FALLS, Ontario - Two engineers were pulled fro
MORE SHIPS CANCEL CALLS AT HOUSTON, GO ELSEWHERE
Gary Taylor |
The possibility of the Port of Houston staying closed into the weekend emerged Thursday, due to a se
KENTUCKY RAILWORKS PLANS PUBLIC STOCK OFFERING
Journal of Commerce Staff |
Kentucky Railworks Inc. announced it has filed a registration statement with the Securities and Exch
IS PRACTICE OF 'OFFSETTING' FAIR TO FAILED COMPANIES?
Lorraine Iannello |
Reinsurers won a victory when a federal appeals court in Chicago ruled that they need not make payme
AVIATION BRIEFS
Wire and Staff Reports |
AMERICAN FILES PLAINT VS. BRITISH AUTHORITYDALLAS - American Airlines has filed a complaint
BOEING JET WINS NOD FOR EXTENDED FLIGHTS
Journal of Commerce Staff |
The Federal Aviation Administration has approved a version of the Boeing 757 for 180-minute extended
SENATE APPROVES OIL SPILL BILL
WILLIAM DiBENEDETTO |
Congress is making a big push to complete action on oil spill prevention, liability and compensation
Maritime
CURFEW KEEPS SHIPS AT BAY AT TRINIDAD
Craig Dunlap |
An 18-hour curfew remained in effect Thursday in Trinidad and Tobago, delaying for at least another
Maritime
INDIA MAY PERMIT FOREIGN INVESTMENT IN INLAND BOX DEPOTS
N. Vasuki Rao |
The government seems likely to allow foreign shipping lines to invest in inland container depots, pa
Maritime
BUSH FREEZES ASSETS OF IRAQ, BANS TRADE KUWAITI ASSETS ALSO BLOCKED
Keith M. Rockwell |
President Bush issued an executive order Thursday freezing all Iraqi assets held in the United State
SHIPPER GROUP IN CANADA BACKS TOUGHER LAWS TOXIC GOODS UNDER SPOTLIGHT
Leo Ryan |
Canada's leading shipper group has endorsed federal government plans to toughen considerably legisla
FRUSTRATION BUILDING OVER DELAYS IN ELECTRONIC MESSAGE APPROVALS
Tony Seideman |
Potential users of international paperless trading standards are increasingly frustrated by delays i
JAPAN GOES ON HONG KONG BUYING SPREE
Lulu Yu |
A rash of Japanese investment, interpreted as signaling confidence in the colony, is pulling Hong Ko
TECHNICAL CORRECTION PUSHES DOLLAR HIGHER
Knight-Ridder Financial |
The U.S. dollar was broadly higher Wednesday af- ternoon on a market correction as traders took prof
MEXICO SAYS CARIBBEAN TRADE BOOST POSSIBLE
From Wire Reports |
Mexican President Carlos Salinas de Gortari said Tuesday that the proposed free-trade agreement betw
Maritime
COPPER PRICES HIT NEW HIGHS
Howard Simon |
Copper prices rose to new highs Wednesday amid concern about nearby supplies despite continued indic
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 1, 1990Bid AskedCopper-G
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in warehouse min. 99.7
LINE WEIGHS ITS OPTIONS
Journal of Commerce Staff (Stories from last week's interview |
The single biggest event in the North Atlantic container trades, in the last five years, was the ent
MICKEY MOUSE MAY SNARL LONG BEACH PORT TRAFFIC
Bill Mongelluzzo |
Walt Disney Co. released preliminary plans for a proposed $2 billion theme park at the Port of Long
MARITRANS PROFIT FELL IN SECOND QUARTER
Journal of Commerce Staff |
Rising operating costs and slower growth in daily vessel charter rates squeezed the second-quarter p
Maritime
TRANSPORT CALENDAR
JOC Staff |
DANGEROUS GOODS SEMINAR, SPONSORED BY QANTAS AIRWAYS. Aug. 13-15. Stouffer Concourse Hotel, Denver,
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
TRUMP SHUTTLE BEGINS SERVICE FOR SHIPMENTS UP TO 300 POUNDS
Duncan Robinson |
The Trump Shuttle wants to try its hand at the air cargo business. On Wednesday the carrier,
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
GLOBAL TIN COUNCIL SAYS IT'S DISSOLVED
Knight-Ridder Financial |
At a meeting in London Tuesday, the International Tin Council declared itself dissolved with immedia
SPOT PRODUCT PRICES
JOC Staff |
Aug. 1, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 1, 1990Brent Crude Oil(Dollars Per Barrel)
TRAFFIC BRIEFS
Wire and Staff Reports |
FORTY HURT IN CRASH AT BRITISH RAIL STATIONREADING, England - Some 40 people were hurt here
MAKERS OF CFCS PROTEST REPORTING REQUIREMENT RULE
John Maggs |
Manufacturers of chlorofluorocarbons said a decision to require annual reporting of CFC emissions wa
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