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FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
GROUP OF 7 TO DISCUSS SUPPORT OF YEN
Gordon Platt |
The vicious circle of a declining yen and a plunging Tokyo stock market will be a hot topic of discu
EC MINISTERS SEEK MORE TIME ON EMS ISSUE
Knight-Ridder Financial |
European Community ministers requested further study on the possibility of membership by non-EC coun
BATTLE LINES FORMING ON QUOTAS FOR TEXTILES
Bill Mongelluzzo |
The State Department says it's looking at three methods for phasing out the textile import rules set
TWO INITIATIVES AIM TO IMPROVE VESSEL SAFETY MANAGEMENT, DESIGN AT STAKE
Janet Porter |
Two initiatives to improve safety at sea, one focusing on ship design and the other on the quality o
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
COMMON OBJECTIVES OUTLINED IN EUROPESignificant progress was made last week toward the creat
AGENCY PLANS MORE LATIN INVESTMENT
Richard Lawrence |
The Inter-American Investment Corp. plans to help facilitate this year up to $400 million in new pri
Maritime
US EXPORTS TO JAPAN EXPECTED TO HIT RECORD FRICTION SEEN CONTINUING
John Davies |
U.S. exports to Japan in 1990 can be expected to grow at least as fast as the 18 percent growth reco
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
SOUTH KOREA PROPOSES EXPORT SELF-REGULATIONSEOUL, South Korea - South Korea's Ministry of Tr
Maritime
GENCORP FACES CHALLENGE TO RETURN TO PROFITABILITY SALES EXPECTED TO REMAIN FLAT
Knight-Ridder Newspapers |
Gencorp Inc., whose recent financial performance has fallen below expectations, must try to increas
US SOYOIL USE ROSE 8 PERCENT IN 1989
Knight-Ridder Financial |
Soyoil use during 1989 in the United States rose 8 percent, partly because of its increased use in p
FREIGHT FORWARDERS CAN BOOST PROFITS FOR SMALL BUSINESSES
John Davies |
Jerry Murphy tells a story about a Pacific Northwest manufacturer who for years had been building $1
PEOPLE - OIL/GAS
From Wire and Staff Reports |
ACCESS ENERGY CORP. (Dublin, Ohio) - Gary Morsches was named director of energy futures trading.
LONDON RIOTS ROCK CONFIDENCE IN ALREADY SHAKY UK CURRENCY
Janet Porter |
Some of the worst riots ever seen in Britain rocked sterling in early Far East dealings Monday, befo
FINANCIAL BRIEFS
Wire and Staff Reports |
BRAZIL SEEKS CAPITAL FOR STATE COMPANIESSAO PAULO, Brazil - In a dramatic shift, Brazil said
CHINA OPTS FOR CASH IN TRADE WITH SOVIETS
P.T. Bangsberg |
China plans to begin using cash rather than barter for its trade with the Soviet Union and Eastern E
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
OPEC SEES PROMISE IN EASTERN EUROPE
(Ap) |
As Eastern Europe loosens economic ties with the Soviet Union, its dominant crude oil supplier to da
TORCHMARK DROPS AMERICAN GENERAL BID
From Wire Reports |
Torchmark Corp. said Monday it has dropped its $6.4 billion bid for much bigger rival American Gene
MASS. DOCTORS SEEKING LOWER MALPRACTICE RATES
TOM McNIFF Jr. |
Massachusetts doctors may see lower medical malpractice rates next year if state insurance regulator
DRUG WAR HURTS FLOW OF CARGO, US OFFICIAL SAYS CUSTOMS SERVICE IS SPREAD THIN
Allen R. Wastler |
The federal government's war on drugs is siphoning off resources that could be used to improve the f
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Apr. 2, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
HERCULES, RHONE-POULENC INK CERAMIC FIBERS DEAL
Journal of Commerce Staff |
Hercules Inc. and Rhone-Poulenc SA Monday said they signed an agreement to jointly develop, market a
CHANNEL FERRY OPERATORS CLAIM THEY HAVE IT ALL OVER TUNNEL
Edwin Unsworth |
The English Channel ferry operators have thrown down the gauntlet to the Eurotunnel consortium, clai
Maritime
TRUCKERS MOVING SOUTH OF BORDER FROM CANADA HIGHER COSTS SPUR EXODUS
Andrew Tausz |
Canadian truck fleets are moving to the United States in record numbers in an effort to remain compe
KUWAIT TO SUPPLY OIL, PRODUCTS TO INDIA
Knight-Ridder Financial |
Kuwait Petroleum Co. signed a contract with India's state oil company to deliver 11 million barrels
MERGER COLLAPSE TRIGGERS SALE OF TRANSCON
Leo Abruzzese |
Transcon Lines Inc., which failed last month to complete one of the largest trucking mergers in hist
AMERICAN AIRLINES EXPANDS FLIGHT TRAINING PROGRAM
Dallas Morning News |
With the U.S. airline industry facing a possible pilot shortage by the end of the 1990s, American Ai
SUPREME COURT TO HEAR PUNITIVE DAMAGE CASE
From Wire and Staff Reports |
The Supreme Court agreed Monday to decide whether huge punitive damage awards in lawsuits may violat
LABOR LEADER BRIDGES LEAVES BEHIND A LEGACY FOUNDER OF THE ILWU DIES OF EMPHYSEMA
Mark Magnier |
West Coast docks will be shut down from 1 p.m. Friday until 8 a.m. Saturday to honor the legendary l
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago4/2 3/30
MARITIME BRIEFS
From Wire and Staff Reports |
FMC PLANS TO DISCUSS ENFORCEMENT EFFORTSFederal Maritime Commission officials will meet Wedn
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1528 (Apr. 2, 1990) Previous day - 1529 The Baltic International Freight Futures Market in L
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
ICC PLANS TO HOLD REGULAR PUBLIC VOTINGThe Interstate Commerce Commission will announce plan
BAYOU CEREMONY TO GREET 1ST GAS FUTURES CONTRACT
(Ap) |
When natural gas futures begin trading for the first time ever today, the focus will be on the tradi
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
OMAN LOWERS PRICE OF CRUDE FOR MARCH
Knight-Ridder Financial |
Oman's Ministry of Petroleum and Mines reduced the retroactive March price for Oman crude by $1.15 a
US-JAPAN TALKS REACH VITAL STAGE NEGOTIATORS FACE DEADLINE
Keith M. Rockwell |
Talks between the United States and Japan aimed at removing economic, cultural and political impedim
USSR SAID TO BE SEEKING CREDIT TO PURCHASE GRAIN GSM PROGRAM CITED IN TALKS
Knight-Ridder Financial |
Soviet government officials last week were more frank than ever about their need for more Western cr
SHIPPER REPORT
From Wire and Staff Reports |
SEABOARD WAREHOUSE BUYS REST OF STELLARSeaboard Warehouse Terminals Ltd. has acquired the re
Transport, Trade and Regulation News
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