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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
CAST WILL RELOCATE ITS EUROPEAN HUB ZEEBRUGGE WINS OVER ANTWERP
Leo Ryan |
Cast (1983) Ltd. announced plans Thursday to move its European base on its North Atlantic liner serv
JAPAN PROBES FIRMS FOR TELECOM COLLUSION
Knight-Ridder Financial |
Japan's Fair Trade Commission, a trade watchdog, is probing several Japanese firms about possible co
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
DISPUTE DELAYS START OF USSR-ISRAEL FLIGHTS
Alfonso Chardy |
The Soviet Union has delayed the start of direct flights between Moscow and Tel Aviv under pressure
HEAT-GAUGE HITS RED IN NJ CAR INSURANCE FIGHT
(Ap) |
Heated exchanges over Gov. James Florio's proposed automobile insurancereforms are becoming daily oc
CHEMICAL BRIEFS
From Wire and Staff Reports |
FREEPORT TO SELL PART OF NITROGEN BUSINESSFreeport-McMoRan Resource Partners, a 62 percent-o
ENERGY BRIEFS
Wire and Staff Reports |
SOVIETS TO MAINTAIN OIL OUTPUT, EXPORTSThe Soviet Union, the world's largest oil producer, w
ITALIAN WORKERS SUSPEND SLOWDOWN
Carol Cirulli |
Union representatives for Italy's 7,000 customs workers voted Thursday to suspend the work slowdown
BREAKBULK RATES WILL GO HIGHER, SHIPPERS PREDICT WAYS TO EASE BITE EXAMINED
Craig Dunlap |
The dwindling number of ocean and surface carriers will boost international breakbulk shipping rates
Maritime
FMC SETS HEARING ON MATSON RATE PROTEST
Journal of Commerce Staff |
The Federal Maritime Commission will hold an oral argument Feb. 28 on Matson Navigation Co.'s 3.6 pe
Maritime
ICN ENTERS E. EUROPEAN HEALTH CARE MARKET
John Maggs |
ICN Pharmaceuticals Inc. has become the first drug maker to stake a claim to the potentially enormou
WORKING RIG COUNT FALLS BY 32 TO 899
From Wire Reports |
The number of U.S. rigs drilling for oil and natural gas fell sharply in the past week by 32 to 899,
SOVIET MINING REGION IS CRIPPLED BY BLIZZARD
Mark Berniker |
The Vorkuta mining region of the Soviet Union has come to a standstill as blizzard conditions have c
SPOT PRODUCT PRICES
JOC Staff |
Feb. 14, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
IATA ARGUES AGAINST EC TAX ON AIR TRANSPORT
John Zarocostas |
The International Air Transport Association has taken a strong position against the European Communi
SWISS FREIGHT FORWARDER SEES BONANZA IN E. BLOC DANZAS OFFICIAL PREDICTS PROFITS
John Davies |
Upheavals taking place in Eastern Europe are likely to result in the biggest economic bonanza since
TRANSPORT CALENDAR
JOC Staff |
Air & Expedited Motor Carriers Conference, 24th annual convention, Feb. 18-21. Peabody Hotel, Orland
CHINA'S CITIC SEEN TAKING BREATHER AFTER HONG KONG DEAL
Steve Glain |
After securing a HK$7 billion (US$900 million) loan to finance a 20 percent stake in Hongkong Teleco
BANK REFORMS CALLED VITAL TO WORK IN GLOBAL MARKETS
Knight-Ridder Financial |
U.S. policy-makers and banks must achieve a strategic agenda to ensure the nation's ability to do bu
DELAY IN TANK COVERAGE ASKED
TOM McNIFF Jr. |
Gasoline marketers, citing sparse insurance availability, have asked the federal Environmental Prote
INTERNATIONAL BRIEFS
Wire and Staff Reports |
VW BACKS EC QUOTAS ON JAPANESE AUTOSThe European Community should establish quotas on Japane
Maritime
FAA ASKS FORWARDERS TO TIGHTEN SECURITY
Ira Breskin |
The Federal Aviation Administration is taking unprecedented steps to ensure interception of suspicio
DREXEL WINDING DOWN OPERATIONS IN LONDON
Knight-Ridder Financial |
Beleaguered Drexel Burnham Lambert is closing out its commodities trading operations in London, sour
TWO BARGE LINES DROP WILMINGTON, NC, PORT FROM PUERTO RICO RUN
Craig Dunlap |
The North Carolina State Ports Authority appears to be improving its battered image in the maritime
Maritime
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