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JAPANESE MAY OFFER TO ABANDON SATELLITES
A.E. Cullison |
Japan reportedly is planning to offer the Bush administration a final compromise under which it woul
Maritime
W. GERMAN LIBERALS OPPOSE 1-TO-1 OSTMARK CONVERSION
Knight-Ridder Financial |
The West German liberals Monday put pressure on the government not to consider converting ostmarks i
CROWLEY ASKS COURT RELIEF FROM BOND
Craig Dunlap |
A federal judge is expected to rule Wednesday on whether Crowley Maritime Corp. must post a large ca
SHIP INSURERS MAY IMPOSE NEW LIMITS
Edwin Unsworth |
Protection and indemnity clubs, the mutual insurers that provide the bulk of liability coverage for
8 SHIPPERS JOIN TO PUSH DOWN OCEAN RATES TO PUERTO RICO
Bruce Vail |
Frustrated by rising prices for shipping goods to Puerto Rico, eight American manufacturing companie
FLORIDA UTILITY DENIES PLANS FOR FUEL SWITCH
Journal of Commerce Staff |
A Florida Power & Light Co. fuel official disputes oil market talk that the big utility was on the v
MALAYSIAN INSURANCE COMPANIES STAGED FINANCIAL RECOVERY IN '89
P.T. Bangsberg |
The insurance industry in Malaysia, long plagued by questionable practices and under official fire t
MOST EXECUTIVES OPPOSE NATIONAL HEALTH COVER
From Wire Reports |
A majority of business executives who participated in a survey oppose national health insurance as a
APRIL 6 DEADLINE SET FOR D&H RAILWAY BIDS
David M. Cawthorne |
April 6 is the deadline for bids to acquire all or part of the bankrupt Delaware & Hudson Railway Co
PRESSURE INTENSIFIES IN AUSTRALIA TO PROMOTE RAILS OVER ROADS
Vincent W. Stove |
The Australian government is under increasing pressure to promote the revitalization of railroad fre
DROP IN FRENCH FREIGHT RATES SQUEEZES TRUCK LINES' MARGINS
Barbara Casassus |
Falling freight rates squeezed French motor carriers' margins in 1989, the official Transport Econom
TRAFFIC BRIEFS
Wire and Staff Reports |
KCSI SELLS SUBSIDIARY TO GERMAN COMPANYKANSAS CITY, Mo. - Kansas City Southern Industries In
PHILIPPINES TO WAIVE TAXES ON PORT GEAR
John Williamson |
The Philippine government will allow cargo-handling companies to import capital equipment free of ta
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
COCOA GROUP SEEN NEAR BUFFER STOCK ACCORDThe International Cocoa Organization is close to re
PRIVATE BUSINESSES SPROUT IN ROMANIA
From Wire Reports |
Romania could have 50,000 registered private businesses by the end of this year, just 12 months afte
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
GILLETTE DROPS PURCHASE OF WILKINSON'S US BUSINESS
From Wire Reports |
Gillette Co. said Monday it would not go through with its previously announced purchase of rival Wil
Maritime
COSTA RICAN EARTHQUAKES DAMAGE MANY BUILDINGS
From Wire and Staff Reports |
Two strong earthquakes rocked Costa Rica Sunday, damaging buildings and causing landslides. No fatal
ENERGY BRIEFS
Wire and Staff Reports |
IRAN HOLDS DISCUSSIONS ON ENERGY PROJECTSNICOSIA, Cyprus - Iran is holding talks with foreig
PEOPLE - COAL
From Wire and Staff Reports |
DRUMMOND CO. (Birmingham, Ala.) - The nation's 30th-largest coal producer announced Monday that H. D
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
BRAZILIAN OIL OUTPUT SET RECORD IN FEBRUARY
Knight-Ridder Financial |
Brazil's February crude oil production averaged a record 659,643 barrels a day, up from the 638,151
BALTIC FREIGHT INDEX
JOC Staff |
1550 (Mar. 26, 1990) Previous day - 1557 The Baltic International Freight Futures Market in
Maritime
FRENCH FIRM SEEKS STAKE IN LTV UNIT
(Ap) |
A French steelmaker has expressed interest in buying a minority stake in LTV Corp.'s steel unit, LTV
Maritime
WORLDWIDE YARN OUTPUT ROSE 4.8 PERCENT IN 4TH PERIOD
Knight-Ridder Financial |
World yarn production rose 4.8 percent in the last quarter of 1989 compared with the third quarter,
Maritime
TEXTILE IMPORTERS, CARRIERS SEE SERVICE CONTRACTS AS CRUCIAL
Bill Mongelluzzo |
Hanjin Shipping Co., one of the largest carriers in the eastbound trades from Asia to the United Sta
AVIATION BRIEFS
Wire and Staff Reports |
SINGAPORE'S SIA SEEKS SWISSAIR-DELTA LINKUPSingapore Airlines, or SIA, is holding talks with
ENERGY BRIEFS
Wire and Staff Reports |
SEABROOK PLANT PASSES THE 5 PERCENT POWER POINTSEABROOK, N.H. - Seabrook nuclear power plant
AER LINGUS PLANS TO EXPAND SERVICE IN THE US WEST
Journal of Commerce Special |
Aer Lingus, Ireland's flag carrier, plans to expand freighter operations to more U.S. cities.
FEDERAL EXPRESS ENTERS THE FOOD-TO-GO MARKET NEW CATALOG A BIG SUCCESS
Duncan Robinson |
Federal Express Corp. isn't a name that comes to mind when one thinks of publishing giants.
IMPORT BRIEFS
Wire and Staff Reports |
COMMERCE SAYS PAILS FROM MEXICO 'DUMPED'Steel pails from Mexico are being sold in the United
Maritime
STOLT OPENS NW EUROPE TERMINAL
Journal of Commerce Staff |
Stolt Tankers & Terminals (Holdings) SA has opened a regional storage and distribution terminal for
Maritime
TACOMA EXPECTS PUYALLUP SETTLEMENT TO DOUBLE BOX CARGO
John Davies |
Tribal dancers in brilliant blue, red and yellow costumes, maidens in white buckskins, old women ca
Maritime
ON-DOCK RAIL TERMINAL IN NY MAY ADD CHICAGO, TORONTO SERVICE
David F. White |
Eight months after its inauguration, the on-dock rail facility at Maher Terminals' Fleet Street term
Maritime
DOLLAR SOARS ON YEN AS GOLD PRICE PLUNGES UK POUND REBOUNDS FROM DEPTHS
Gordon Platt |
The dollar climbed to a 39-month high against the yen Monday, and foreign- exchange traders said the
ECONOMIC DATA ABROAD
Wire and Staff Reports |
INDUSTRIAL PRODUCTION RISES 1.06 PERCENT IN FRANCEFrench industrial production, excluding co
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Markets and Money 3A * Import Quota Watch 4A* Commodity Research Bureau:
QUOTA WATCH
Source: American Association of Exporters and Importers |
Textile Quotas to Watch as of 3/23/90* Fully Utilized Textile Quotas as of 3/23/90
Maritime
EC, JAPAN TO START CAR TRADE BARGAINING
Bruce Barnard |
The European Community will start bargaining with Japan this week over imports of Japanese cars into
Maritime
FRANCE'S SAINT-GOBAIN TO BUY PILKINGTON UNIT
Knight-Ridder Financial |
French glassmaker Saint-Gobain said it agreed to buy the alkali-resistant fiberglass technology and
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