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COMMODITY BRIEFS
From Wire and Staff Reports |
PHELPS DODGE WORKERS OK TENTATIVE PACTPhelps Dodge Corp. has reached a tentative 3-year labo
CORRECTION
JOC Staff |
Florida East Coast Railway Co. will be the rail carrier for R.R. Donnelley and Sons Co.'s new plant
LA INTERMODAL YARD HAS MASSIVE GROWTH
Bill Mongelluzzo |
While West Coast ports rush to build on-dock rail transfer yards, the Intermodal Container Transfer
COST OF CREDIT
JOC Staff |
Mon., June 11,1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PANEL INVESTIGATES OIL SPILLS IN NY AREA
David F. White |
A nine-man Coast Guard-federal government investigative panel investigating oil spills in New York H
Maritime
CLARIFICATION
JOC Staff |
A story that appeared on Page 1B in The Journal of Commerce June 7 under the headline "Seifert to Le
Maritime
SETTLEMENT EXPLORED IN PACIFIC RATE CASE TESTIMONY IS CANCELED
Bill Mongelluzzo |
In a last-minute change of events, four ocean carriers were excused from testifying before the Feder
AVIATION TRAFFIC REPORT
From Wire and Staff Reports |
MIDWAY AIRLINES flew 400.2 million revenue passenger-miles in May, up 35.8 percent from 294.7 millio
CENTRALIZED CARGO EXAMS GET GOOD GRADE CUSTOMS SYSTEM SPEEDS CLEARANCE
Bill Mongelluzzo |
After almost five years of experience with the centralized examination of cargo in Southern Californ
Maritime
BRITISH COLUMBIA'S EXPORTS TO ASIA NEAR US SHARE
William Armbruster |
The Pacific Rim is catching up to the United States as an export market for British Columbia.
Maritime
BRAZILIAN SHOE TRADE FEELS ECONOMIC PINCH
James Bruce |
High leather prices and an overvalued local currency are badly pinching the toes of Brazilian shoe e
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
ROMANIA FACES $25 MILLION QUAKE BILLBUCHAREST, Romania - Romania must spend more than $25 mi
FOREIGN FIRMS STRENGTHENED US POSITION DURING '80S
Journal of Commerce Staff |
Leading foreign chemical companies dramatically strengthened their position in the U.S. chemical ind
SPECIAL DELIVERY SYSTEMS LAUNCHES SERVICE IN FLA.
Duncan Robinson |
If a package absolutely must be delivered overnight, why not send it for same- day delivery if the p
ENERGY BRIEFS
Wire and Staff Reports |
EXXON DELAYS RESTART OF MARINE OPERATIONSMarine operations at Exxon Co. U.S.A.'s Bayway refi
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/8 6/7 Change % Change: 5
HITACHI CHIP PLAN SEEN UNREALISTIC
From Wire Reports |
Japanese electronics giant Hitachi Ltd. dazzled the world's media when it announced last week it had
Maritime
NS MAKES ADJUSTMENTS TO KEEP NOR TH AMERICAN PERILS BEFALL TRUCK-RAIL LINK
Leo Abruzzese |
Norfolk Southern Corp. considered selling its North American Van Lines division but chose instead to
LATEST SPILL GIVES LIFT TO TANKER LEGISLATION
David F. White |
Last week's major oil spill in New York Harbor is likely to put more pressure on Congress to complet
DEFENSE CUTBACKS SPUR TI LAYOFFS
From Wire Reports |
Texas Instruments Inc. Friday joined a growing list of major defense contractors laying off Texans b
ILL. DEPARTMENT FORMS LOSS CONTROL UNIT
From Wire Reports |
The Illinois Department of Insurance has formed the Urban Area Insurance Task Force as the beginning
COAL OUTPUT SURPASSES TARGET IN INDONESIA
Journal of Commerce Staff |
Indonesia's coal production rose sharply in 1989 to 8.7 million metric tons, a 31 percent increase o
PEOPLE - ENERGY
From Wire and Staff Reports |
GRACE ENERGY CORP. (Dallas) - Robert W. Cannon, senior vice president of Grace Energy and president
NEW BOSS AT EASTERN MAKES PITCH
Knight-Ridder Newspapers |
Echoing New York's former mayor, Ed ("How'm I Doin'?") Koch, the new boss at Eastern Airlines, Marti
ASIAN FUTURES
JOC Staff |
June 8, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
ATLANTA EXECUTIVE PUSHES BUSINESS EDUCATION FOR SOVIETS
Craig Dunlap |
J.B. Fuqua never attended college, but the senior chairman of Atlanta-based Fuqua Industries Inc. is
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
RUSSIAN REPUBLIC SAYS ITS LAWS ARE SUPREMEThe Russian Federation, the largest Soviet republi
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1278 (June 8, 1990) Previous day - 1297 The Baltic International Freight Futures Market in L
Maritime
SPECULATION RIFE ON NEXT FED VICE CHAIRMAN
Cathy Kristiansen, |
Speculation about who might be the next Federal Reserve vice chairman centered last week on David Mu
MANATEE SAYS TAMPA USED UNFAIR TACTIC
Journal of Commerce Special |
The director of Port Manatee on Florida's Gulf Coast last week accused the rival Port of Tampa of u
Maritime
INSIDE TALK ON INSURANCE
Janet Aschkenasy |
YOU NEVER KNOW WHAT TO EXPECT when insurance brokers convene, but it's neverdull. So
UAP FACES CHARGES OF CHEATING CUSTOMERS
Barbara Casassus |
Union des Assurances de Paris (UAP), France's largest French insurance company, has been accused of
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 7, 1990CRUDE OIL(1,000 barrels; dollars and cents
US MUST IMPROVE RAILS, TOKYO EXECUTIVE SAYS
Tim Sansbury |
The expanding Japanese power industry is counting on more U.S. coal supplies but not before American
SPOT CHEMICAL PRICES
JOC Staff |
As of June 8, 1990 Prices in the spot chemicals table in clude spot quotations or list price
CHEMICAL BRIEFS
From Wire and Staff Reports |
HERCULES CLOSES PLANT IN CULVER CITY, CALIF.Hercules Inc. said it is ceasing production imme
EARLY HARVEST OF FARM BILL SEEN UNLIKELY
Knight-Ridder Financial |
The House is unlikely to pass a 1990 farm bill until the end of June at the earliest, a ranking memb
FREIGHT RATE FUTURES
JOC Staff |
June 8, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
CSX, ELECTRICAL UNION AWAIT INJUNCTION RULINGCSX Transportation Inc. and the International B
PICKENS RIDES THE RANGE FOR KOITO SHAREHOLDERS
From Wire Reports |
Texas oilman T. Boone Pickens dons a cowboy hat and rides the range in a folksy video that he hopes
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