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INTERNATIONAL BRIEFS
Wire and Staff Reports |
US, EC TO TIGHTEN TIES, HOLD SUMMITSThe United States and the European Community agreed Tues
Maritime
GAS ESTIMATES DOUBLE FOR MAGELLAN FIELD
Journal of Commerce Staff |
Magellan Petroleum Corp. said that estimates of the proved, recoverable reserves at the Palm Valley
SUBSIDY BOARD REJECTS REQUEST OF FALCON GROUP TO ALTER AGREEMENT
Journal of Commerce Staff |
The Maritime Administration's Subsidy Board has denied a request from three Falcon Shipping Group co
Maritime
VIEWS SPLIT ON PROSPECTS FOR CBT MARCH SOY DELIVERIES
Knight-Ridder Financial |
Futures and cash traders are falling into two camps regarding delivery prospects for Chicago Board o
US COAL PRODUCTION DECLINES IN WEEK
(Ap) |
Domestic bituminous and lignite coal production totaled 20.3 million tons during the week ending Feb
US SETS TALKS WITH MOSCOW, PRAGUE
From Wire Reports |
A second round of U.S.-Soviet talks on a joint trade agreement is scheduled to be held March 1-2 in
Maritime
ARGENTINIANS TO GET $30 TO OFFSET INFLATION
From Wire Reports |
Argentina's Peronist government has decreed a $30 payment to private sector workers to offset raging
NATURAL GAS PRICE DROP ANTICIPATED NEXT MONTH
Arthur Gottschalk |
Natural gas industry analysts are forecasting a drop in spot prices for March and stable prices goin
PACCAR LAYS OFF WORKERS, CUTS HEAVY TRUCK PRODUCTION
John Davies |
Paccar Inc., a top manufacturer of heavy trucks, is joining a list of major U.S. truckbuilders layin
TRAFFIC BRIEFS
Wire and Staff Reports |
CONRAIL COMPLETES BUY-BACK OF STOCKConsolidated Rail Corp. said it bought back 22.32 million
FOUNDATION TO GIVE PRIVATE SECTOR A VOICE IN WORLD DEBT
Gordon Platt |
A foundation was formed Tuesday to represent the multinational private sector on Third World debt is
BILL LIMITS SUBSIDIZED CARRIERS IN US TRADE
ALLEN R. WASTLER and WILLIAM DiBENEDETTO |
Legislation aimed at preventing American steamship companies subsidized by the government from doing
Maritime
GORDON PLATT'S CREDIT OUTLOOK
Gordon Platt |
THE RECORD DROP IN ORDERS for durable goods in January raises serious questions about the economy's
CLARIFICATION
JOC Staff |
The story headlined "New Waterways Cookbook Tugs at the Taste Buds," on Page 10A of the Feb. 9 editi
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago2/27 2/26
DISCIPLINARY HISTORY TO PLAY ROLE IN WHO SITS ON EXCHANGE BOARDS
Knight-Ridder Financial |
The Commodity Futures Trading Commission Tuesday approved final rules that prohibit persons with dis
JAPANESE FEAR KAIFU TOO GREEN FOR BUSH TALKS
A.E. Cullison |
Leaders of Japan's business community are expressing more than a little annoyance about the Bush-Kai
RECKLESS DRIVING IN JAPAN EXPECTED TO HIKE PREMIUMS
Cristina Lee |
Japan's young and affluent drivers seem bent on trimming the fat off insurers. They are throwing off
SINGAPOREAN SHIPYARDS POST HIGHER EARNINGS
Journal of Commerce Special |
Sembawang Shipyard Ltd. turned in significantly improved results for the year through last Dec. 31 o
Maritime
PROPOSED AIRPORT WOULD BRING BENEFITS TO CHICAGO PORT
Kevin Commins |
Illinois International Port will benefit enormously if a proposed airport in the vicinity of the por
Maritime
IBM HONG KONG LINK RAISES EYEBROWS, FEARS STAKE PLANNED IN RESELLER
P.T. Bangsberg |
A regional unit of International Business Machines Corp. of Armonk, N.Y., is taking an equity stake
AVIATION BRIEFS
Wire and Staff Reports |
EXPRESS CARRIER GROUP SETS UP LATIN OFFICEThe International Express Carriers Conference has
DOLLAR IS MIXED IN QUIET TRADING
Knight-Ridder Financial |
The U.S. dollar was mixed in quiet, narrow trading Tuesday after Federal Reserve intervention to boo
POLES SEEN SUPPORTING GOVERNMENT DESPITE CONSUMER PRICE INCREASES
Michael S. Lelyveld |
The patience of the Polish people will outlast the country's economic troubles and give the current
Maritime
NYMEX GAS CONTRACT APPROVED
Sam Glasser |
The long-awaited natural gas futures contract will start trading on the New York Mercantile Exchange
CONGRESS ENTERS CONRAIL, D&H TRACK DISPUTE BILL REFERS DISPUTE TO ICC
David M. Cawthorne |
Congress Tuesday threatened to impose a settlement to the confrontation between Consolidated Rail Co
RETAILERS PLAN HEAVY PUSH FOR CARRIER AUTOMATION
Tony Seideman |
Major retailers are mounting a push to get transportation companies to automate their business commu
PEOPLE - TRANSPORT
Wire and Staff Reports |
ABF FREIGHT SYSTEM INC. (Fort Smith, Ark.) - Ron Gardner was appointed manager of ABF's new terminal
LOUISIANA YARD WINS RESEARCH VESSEL PACT
Journal of Commerce Staff |
A new 300-foot research vessel with icebreaking capability will be plying Antarctic waters in 1992,
Maritime
SEALIFT AGENCY HITS ECONSHIP AGREEMENT RESTRICTIONS CLAIMED UNFAIR
WILLIAM DiBENEDETTO |
The Military Sealift Command has taken aim at a 1988 U.S-Europe vessel- sharing plan that it claims
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
JAPAN IMPORT CONTRACTS ROSE 8.7 PERCENT IN JANUARYThe combined total of import contracts con
THE ECONOMY
Wire and Staff Reports |
DURABLE GOODS ORDERS FELL 10.5 PERCENT LAST MONTHDurable goods orders dropped a record 10.5
CLIFFORD REASSUMES CONTROL AT ST. JOHNSBURY TRUCKING
Leo Abruzzese |
William Clifford, who was replaced as president of St. Johnsbury Trucking Co. last year, has reassum
INVESTIGATION OF INSOLVENCIES RIPS CALIFORNIA REGULATORS
Jerry Goldberg |
A congressional report citing wrongdoing in the insurance industry is creating new problems for Cali
CHALLENGE PLANS PUERTO RICO CARGO FLIGHTS BOGOTA, CARACAS TARGETED CITIES
Larry Luxner |
A Miami-based all-cargo airline plans to begin service soon between Puerto Rico and two South Americ
AVIATION BRIEFS
Wire and Staff Reports |
PORTLAND PORT AWARDS AIRPORT CONTRACTSPORTLAND, Ore. - The Port of Portland awarded a $135,0
EDI EXCHANGE
Tony Seideman |
U.S. CUSTOMS BROKERS and freight forwarders are taking steps to break out of their electronic isolat
DUTCH COMPANY AKZO POSTS INCREASE IN NET
From Wire Reports |
Akzo NV, the Dutch chemicals group, achieved an increase of 13 percent in net profits to 954 million
WATERMAN CRITICAL OF CHALLENGE TO SUBSIDY REVISION PROGRAM
WILLIAM DiBENEDETTO |
Waterman Steamship Corp. said it continues to support a total revision of the government's vessel op
Maritime
PRODUCTS MARKETPLACE
Wire and Staff Reports |
LEAD PRODUCTS Synthetic Products Co. of Cleveland announced that it will increase prices of
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