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Commentary
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US HOLDS OFF ON RETALIATION IN TELECOM RIFT
Keith M. Rockwell |
The United States will not act this year against South Korea and the European Community for trade ba
KENTUCKY COUNTIES MAY GET POWER TO TAX POLICIES
Dave Higdon |
A growing dispute in the state may end with county governments winning clear- cut power to tax indiv
INSURANCE EARNINGS
Wire and Staff Reports |
AETNA LIFE REPORTS SMALL DECLINE IN NETHARTFORD, Conn. - Aetna Life & Casualty Co.'s net inc
MOORING DEPTH PROBED AS CAUSE OF CALIF. SPILL TANKER OWNER SAYS READINGS COULD BE WRONG
JAMES V. GRIMALDI and STEVE HAWK |
The owner of the tanker that spilled oil off Huntington Beach last week said the refining firm that
Maritime
TANKER SURPLUS EXPECTED TO CONTINUE
Janet Porter |
More than a fifth of the world's tanker and combined carrier fleet was underused at the end of last
Maritime
TWO FMC RATE CASES ARE CONSOLIDATED
Journal of Commerce Staff |
A Federal Maritime Commission administrative law judge has consolidated two similar cases alleging t
Maritime
BOX CARRIAGE DEMONSTRATION SET IN LA.
Journal of Commerce Staff |
A group of businesses and state law enforcement officials will conduct a demonstration Monday of th
Maritime
HONG KONG BANK TO BUY LLOYDS BANK CANADA DEAL SUBJECT TO APPROVAL
P.T. Bangsberg |
Hongkong & Shanghai Banking Corp., already the largest foreign bank in Canada, is spreading its pres
ECONOMIC DATA ABROAD
Wire and Staff Reports |
UK UNIT LABOR COSTS ROSE 4.6 PERCENT IN DECEMBERU.K. manufacturing unit labor costs rose 4.6
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
WASHINGTON - For the week ended Feb. 10, total piggyback freight hauled on the nation's major railro
THE ECONOMY
Wire and Staff Reports |
INDUSTRIAL PRODUCTION FELL 0.7 PERCENT IN JANUARYWidespread weakness in the auto sector, com
BRITAIN'S HANSON BUYING STAKE IN PEABODY COAL PRODUCER'S FATE UNCERTAIN
Tim Sansbury |
The British conglomerate Hanson PLC said Thursday it's buying a 45.03 percent share of Peabody Holdi
BUSH AIDE SEES POSSIBILITY OF MEAT SUBSIDY TO SOVIETS
Knight-Ridder Financial |
The possibility the United States will grant export bonus subsidies to promote sales of U.S. meat in
HAZELWOOD TRIAL FOCUSES ON ABILITY OF HELMSMAN TO STEER
(Ap) |
The chief mate of the Exxon Valdez testified Thursday that he and skipper Joseph Hazelwood discussed
Maritime
PITTSTON MINERS TO REVIEW ACCORD
Tim Sansbury |
A month-and-a-half after union leaders reached a tentative agreement with Pittston Coal Group Inc.,
PHILLIPS' OIL SEARCH COVERS THE GLOBE
John Boyd |
The global search for new oil reserves has Phillips Petroleum Co.eyeing what it thinks are several c
NIGERIAN COMPANIES STILL UNABLE TO MAKE DENT IN EXPORT MARKET
From Wire Reports |
Nigerian manufacturers, struggling to respond to a government drive to boost exports, have so far ma
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
BN RAILROAD ADOPTS ELECTRONIC DATA STORAGEFaced with crumbling documents and confusing filin
CUSTOMS UPDATE
JOC Staff |
BLENDED SYRUPS: DELETION FROM HARMONIZED TARIFF SCHEDULE. Customs brokers and importers are asked to
Maritime
MARITIME CALENDAR
JOC Staff |
CONTAINER OPERATIONS 1990. Feb. 20-21. San Francisco. Conference and exhibition sponsored by three t
Maritime
ACL DEAL IN WORKS TO SELL PART OF FLEET OF TRUCK CHASSIS
Bruce Vail |
A deal to sell parts of the truck chassis fleet owned by Atlantic Container Line is in the works, in
Maritime
INSURERS' HEALTH PLAN FOR SMALL BUSINESS HIT
Alan Abrams |
An organization representing private health insurers has developed a plan to make health coverage af
GM AND FORD EARNINGS PLUNGE
(Ap) |
General Motors Corp. earnings fell by 50 percent and Ford Motor Co.'s profit tumbled by 72.9 percent
OFFICIAL SEEKS COUNSEL IN MASS. MEDEX CASE
TOM McNIFF Jr. |
Massachusetts Insurance Commissioner Timothy Gailey is seeking outside counsel to defend him against
CHINA INSURER REPORTS 30 PERCENT BOOST IN REVENUE
P.T. Bangsberg |
China's state-owned insurer says revenue last year amounted to 14 billion yuan (US$3.8 billion), up
SIMON SAYS
Howard Simon |
AS DREXEL BURNHAM LAMBERT INC., the brokerage house that made its fortune on junk bonds, continues
PEOPLE - MARITIME PIGOTT BECOMES DIRECTOR OF USS
From Wire and Staff Reports |
Ernest Pigott was named executive director of United Seamen's Service, an organization that provides
Maritime
BOEING EXPECTS '747 SUPER' TO ECLIPSE SUPERSONIC JETS
John Davies |
Boeing Co. is betting that an even larger version of its 747 jumbo jet, and not a supersonic plane,
CONRAIL COMPLETES STOCK BUY-BACK
Journal of Commerce Staff |
Consolidated Rail Corp. has completed its buy-back of common stock, acquiring more than 22 million s
MANAGING TRAFFIC
Greg Johnson |
NEW YORK STATE HAS SUNK $70 million into the Delaware & Hudson Railway, and stands to losemore if th
REACTION MIXED TO CUSTOMS' PLAN TO TRASH PAPER
Tony Seideman |
Brokers and forwarders have mixed reviews of a move by the U.S. Customs Service to do awaywith requi
ROBERT L. KIRK TO HEAD CSX TRANSPORTATION WILL CHANGE BRING TURMOIL?
Lawrence H Kaufman |
Robert L. Kirk was named president and chief executive officer of CSX Transportation, the rail unit
COST OF CREDIT
JOC Staff |
Thu., Feb. 15, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
NEWS SUMMARY
JOC Staff |
* Thailand's Privatization Challenged 4A * Customs Update 4A* Howard Simon - Simon Says 7A
SPOT PRODUCT PRICES
JOC Staff |
Feb. 15, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
PEOPLE - ENERGY
From Wire and Staff Reports |
BRITISH PETROLEUM CO. PLC (London) - The company confirmed the appointment of Robert Horton as chair
COPPER SHINES
From Wire and Staff Reports |
Copper prices rose Thursday on news of a record number of homes started in January. The U.S.
INTERNATIONAL BRIEFS
Wire and Staff Reports |
PRIME MINISTER RESIGNS IN SWEDENSTOCKHOLM, Sweden - Sweden's Social Democratic prime ministe
Maritime
SHIPPERS WANT DETAILS OF NORTH ATLANTIC PLAN LINES CONSIDER CAPACITY CUTS
Janet Porter |
European shippers are urgently seeking a meeting with shipping lines serving the North Atlantic in a
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Feb. 15, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
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