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Platts Containers Update
UTILITY SELL-OFF COULD UNDERMINE UK COAL INDUSTRY
Edwin Unsworth |
The British government provided more details Monday of its planned privatization of the Central Elec
DOLLAR RISES SLIGHTLY, EXCEPT AGAINST YEN
Knight-Ridder Financial |
The U.S. dollar rose slightly Monday, except against the yen, after drifting lower through most of t
FINANCIAL BRIEFS
Wire and Staff Reports |
S&P SAYS IT AFFIRMED CHINA'S DEBT RATINGSStandard & Poor's Monday said it has affirmed China
COST OF CREDIT
JOC Staff |
Mon., Feb. 12, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
AVIATION BRIEFS
Wire and Staff Reports |
US, ITALY SIGN BILATERAL AIR ACCORDThe United States and Italy have signed a new aviation ag
Air Cargo
PRESSURE FOR SOVIET SHIP PACT WORRIES CRITICS
Marie Prat |
Political pressure virtually assures that the United States and Soviet Union will have a maritime ag
SARAN WRAP IS SAFE, DOW SAYS
Pei-Tse Wu |
Dow Chemical Co. maintains that its Saran Wrap plastic food wrap is free of consumer health hazards
SHIPPER REPORT
Wire and Staff Reports |
UNION CARBIDE PLANS PLASTICS RECYCLING PLANTPISCATAWAY, N.J - Union Carbide Corp. expects to
Transport, Trade and Regulation News
NAC RE POSTS RISE IN EARNINGS FOR 1989
From Wire Reports |
Nac Re Corp. said its operating income for 1989 rose $25.6 million, or $2.42 a share, from $17.7 mil
COTTON COUNCIL EMPHASIZES US COMPETITIVENESS
Knight-Ridder Financial |
National Cotton Council members are expected to approve a three-step proposal to ensure that U.S. co
PLATINUM PRICES LEAP ON UNREST IN SOUTH AFRICA
Howard Simon |
The price of platinum zoomed ahead Monday on concerns about future supplies of the metal from South
SURVIVAL OF BRADY STRATEGY HINGES ON MEXICO DEBT PLAN
From Wire Reports |
Treasury Secretary Nicholas Brady has hailed Mexico's financial reform package as a milestone in his
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
BAKER OFFERS ROMANIA AID - WITH STRINGS
Susan Bennett |
Secretary of State James A. Baker III has brought inspiration and $80 million in promises of U.S. fo
EC MAY CHALLENGE UTA TAKEOVER BY AIR FRANCE
Bruce Barnard |
Air France's bid to become Europe's largest airline is hanging in the balance as the European Commun
Air Cargo
MARITIME BRIEFS
From Wire and Staff Reports |
FLEET LINES TO OFFER NEW SERVICE TO INDIAFleet Lines will offer weekly less-than-containerlo
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
TRAFFIC SITUATION EASES AT ITALIAN BORDERSTraffic flowed smoothly at most Italian border cro
Trucking News
OECD DEBATES US PLAN TO END YARD SUBSIDIES NATIONS REVIEW AID INVENTORY
Barbara Casassus |
Industrialized nations are meeting in Paris this week to discuss a U.S. proposal to eliminate shipbu
Maritime
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Markets and Money 3A * CBI Bill's Defenders Respond to Hills 4A* Import
DOCKER STRIKE ON HOLD PENDING MEDIATION
Knight-Ridder Financial |
Brazilian longshore union leaders will recommend a nationwide dockworker strike to their members lat
Maritime
CONRAIL HANDLES BIGGEST PHILA. COAL CARGO
Journal of Commerce Staff |
A record-setting shipment of coal from the Port of Philadelphia was handled over the weekend, accord
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
UNION TEXAS SIGNS ARGENTINE AGREEMENTUnion Texas Petroleum Holdings Inc. said Monday that a
CBI II BACKERS AWAIT BILL'S PASSAGE
Rosalind Rachid |
Supporters of legislation to expand access for Caribbean countries to U.S. markets said Monday they
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1579 (Feb. 12, 1990) Previous day - 1583 The Baltic International Freight Futures Market in
Maritime
CP RAIL, CONRAIL DEBATE FATE OF D&H
David M. Cawthorne |
Political pressure aimed at forcing resolution of a dispute threatening the survival of the Delaware
FLORIO NOT INTIMIDATED BY ALLSTATE THREAT
(Ap) |
Gov. James Florio said he won't be intimidated by Allstate Insurance Co.'s threat to block his autom
TRAVELERS' PROFITS RISE EIGHTFOLD
(Ap) |
Travelers Corp. recorded an eightfold increase in profits for 1989 despite a 40 percent decline in t
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
IN NY, TYING THE KNOT CAN'T TIE UP THE PIER
(Ap) |
New Yorkers are used to being told what they can't do in public spaces: No parking. No dogs. No smok
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
US SENDS SATELLITE TO CHINA LAUNCH SITEAsiaSat 1, a U.S.-built satellite to be launched aboa
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Feb. 12, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
EARLY GERMAN ACTION ON UNION CALLED VITAL
From Wire Reports |
Economic and currency union between the two Germanys must come in a "single act" and not over a long
Maritime
QANTAS TO EXPAND FLEET TO 80 BY END OF 1990S PONDERS CHANGE IN ENGINE MAKE
Bradley Perrett |
Qantas Airways apparently is making plans to import more than 50 jetliners between now and the year
Air Cargo
MO. LEGISLATORS HOPE TO BOOST STATE'S COAL
John Boyd |
"It's high-sulfur and that's the problem," said Missouri Rep. Sam Leake as he explained why his stat
MIDLAND-HONGKONG MERGER HINGES ON RESERVES DATA
Knight-Ridder Financial |
The widely anticipated merger of Hongkong and Shanghai Bank and U.K.-based Midland Bank is unlikely
EVERGREEN ORDERS 500 REEFER CONTAINERS
PHILIPPE le CORRE |
Evergreen Marine Corp. plans to add 500 refrigerated containers to current capacity, but is coy abou
Maritime
ROMANIAN OIL EXPORTS SLID AFTER REVOLUTION
Tim Penn |
Romanian oil exports fell sharply in January because oil was switched to domestic uses after the Dec
INSURANCE BRIEFS
Wire and Staff Reports |
BEIJING CITY EMPLOYEES ISSUED LIFE POLICIESThe Beijing city government has issued life insur
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