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SOVIET ACADEMY SETS DEAL WITH CALIF. COMPANY RIBOGENE TO GET SOVIET TECHNOLOGY
Ruthann Richter |
A Menlo Park firm has announced a pioneering East-West business deal that would likely put a smile o
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CHINA'S US TRADE GAP REACHES $510 MILLIONChina's trade deficit with the United States hit $5
Maritime
COAST GUARD STRIKE IN CANADA SPARKS LAWSUIT LINES SUE CROWN FOR BIG LOSSES
Leo Ryan |
Some 20 shipping firms are suing the Canadian government for heavy losses incurred late last year du
Maritime
JAPANESE CARRIERS POST PROFITS FOR FISCAL YEAR
Alan Abrams |
The bad news for Japanese ocean carriers may be over. For the first time in eight years, all of Japa
Maritime
NEARLY 50 PERCENT OF EC FLEET REGISTERED ELSEWHERE
Janet Porter |
Nearly half of the European Community-controlled merchant shipping fleet is flying a non-EC flag, ac
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
GM TO MAKE CARS IN EAST GERMANYGeneral Motors Corp. will begin making cars in East Germany l
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
ALEXANDER & ALEXANDER OF NEW YORK INC. (New York) - Suzanne Douglass was named a senior vice preside
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/25 5/24 Change % Change: 5
TRAFFIC BRIEFS
Wire and Staff Reports |
BLANCHETTE ELECTED AAR VICE PRESIDENTWASHINGTON - Robert W. Blanchette was elected vice pres
NOBEL'S NET FELL IN FIRST QUARTER
From Wire Reports |
Nobel Insurance Ltd.'s first quarter operating income rose to $949,000, or 18 cents a share, from $6
BEEF PURCHASES BY JAPANESE EXPECTED TO RISE STRONGER US SALES LIKELY FROM JUNE
Kevin Pendley |
Exports of U.S. beef to Japan have been sluggish in April and May, but sales are expected to pick up
CHEMICAL BRIEFS
From Wire and Staff Reports |
LCP AGREES TO PAY $40,000 EPA FINESYRACUSE, N.Y. - LCP Chemicals Inc. agreed to pay a $40,00
AVIATION BRIEFS
Wire and Staff Reports |
JAPAN AIRLINES ORDERS GE ENGINES FOR 20 JETSEVENDALE, Ohio - GE Aircraft Engines said Japan
CONGRESSIONAL HEARING ON EDI SET FOR JUNE
Tony Seideman |
Congress is holding its first hearing to deal specifically with electronic data interchange on June
PROTECTIONISM SEEN THREAT TO E. GERMAN DEVELOPMENT
John Maggs |
A desire in East Germany to protect outmoded state-run companies from competition threatens the pote
Maritime
INLAND STEEL USING FEWER TRUCKERS
Kevin Commins |
Inland Steel Co. has significantly cut back on the number of motor carriers it uses to haul steel f
Transport, Trade and Regulation News
CONTAINER-SIZE CHAOS CHALLENGES EUROPE'S TRANSPORT MINISTERS
Janet Porter |
How to harmonize the many different sizes of containers and pallets now in use throughout Europe wil
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
THE SPOT INDEX ended its downward slide last week, as it flattened out and moved very slightly upwar
Maritime
GASOLINE TABLE EXPANDS TODAY
Journal of Commerce Staff |
Today the Journal of Commerce begins running an expanded gasoline price table. Premium unlea
YEN EXPECTED TO REMAIN STRONG
Gordon Platt |
The yen also rises. Foreign exchange traders found that out last week as the Japanese curren
COMEX METAL WAREHOUSE
JOC Staff |
May 25, 1990 Copper Total, 10,504. Gold Total, .1,881,811.Silver Total, .255,597,417.
NEW REPORT ON CARLOADINGS
JOC Staff |
The Journal of Commerce today begins a new railroad freight statistical service. Drawn from
'90 TRADE PACT TALKS WITH MEXICO UNLIKELY
Keith M. Rockwell |
The United States will not begin negotiating with Mexico on a free trade agreement in 1990 because o
PEOPLE - COMMODITIES
Wire and Staff Reports |
NEW YORK MERCANTILE EXCHANGE (New York) - Stephen C. Daffron was named vice president, strategic pla
PORTUGAL'S BOOMSPARKS INTEREST OF US BUSINESS
Michael S. Lelyveld |
For the last 15 years, Wes Arbo looked to Portugal as a source for imported plastic molds. Today he
Maritime
GORBACHEV TO ATTEND WEST COAST LUNCHEON
From Wire Reports |
Soviet President Mikhail Gorbachev will round out his summit trip to the United States with a lunch
BALTIC FREIGHT INDEX
JOC Staff |
1317 (May 24, 1990) Previous day - 1317 The Baltic International Freight Futures Market in L
Maritime
SAFETY-CONSCIOUS ICC REVISES LICENSING RULE
Leo Abruzzese |
Newly issued truck operating certificates from the Interstate CommerceCommission no longer w
TRAFFIC BRIEFS
Wire and Staff Reports |
BUSH VETOES BILL FOR AMTRAK FUNDINGWASHINGTON - President George Bush vetoed a bill Thursday
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LATIN TRADE KEY TO FUTURE AT ARROW AIR LINE AVOIDS MARKET RISKS
Ira Breskin |
The future of Arrow Airlines Inc., a scheduled all-cargo airline and contract carrier based here, is
BRAZIL BECOMES CUSTOMER FOR MISSISSIPPI TERMINALS
Tim Sansbury |
Brazil-bound coking coal made a debut this week at a New Orleans area loading terminal. Brya
SPOT COMMODITIES
JOC Staff |
May 24, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
CORRECTION
JOC Staff |
LTS Data Communications Inc., Merrick, N.Y., is charging a $1,200 installation fee and about $600 a
THE ECONOMY
Wire and Staff Reports |
PRICES OF IMPORTS FELL 0.2 PERCENT IN APRILPrices of U.S. imports, excluding fuel, fell 0.2
MASSPORT, RAIL OPERATORS CAUTIOUS ON CANADIAN PACIFIC-GUILFORD LINK
TOM McNIFF Jr. |
Canadian Pacific may see a rail link to the Port of Boston as a key reason for strong ties with Guil
AUSTRALIA HOPES TO AVOID OTHERS' EDI MISTAKES
Vincent W. Stove |
The Australian trade and transportation community should be able to avoid the mistakes made by other
PHILADELPHIA STEVEDORE ACTS TO BLOCK PORT FROM CANCELING LEASE
Allen R. Wastler |
The Philadelphia Port Corp., the city agency controlling piers for the Port of Philadelphia, is bein
Maritime
JAPAN CAR CARRIERS SHORTEN EC REACH LINES GEAR UP FOR MARKETS
Janet Porter |
Japanese ocean carriers that specialize in the transportation of automobiles are eyeing the European
REINSURANCE FUTURES WEIGHED IN LONDON
Edwin Unsworth |
A market in marine reinsurance futures is under consideration by the London Futures and Options Exch
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