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Commentary
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PLANNED TRADE COMPLEX CLEARS FIRST HURDLE
John Boyd |
A local vote Tuesday to raise taxes and expand a convention hall is the key to building a showcase t
Maritime
HOUSE PASSES BILL ON PANAMA AID, TRADE
Keith M. Rockwell |
The House of Representatives Wednesday passed by voice vote a bill granting improved tariff treatmen
TRANSPORT CALENDAR
JOC Staff |
JOURNAL OF COMMERCE TRANSPORTATION TABLE, Feb. 9. National Press Building, Washington, D.C. Topic is
Trucking News
EDI MESSAGES CONVERGE FOR ONE-STOP SHOPPING
Tony Seideman |
A meeting held this week in Atlanta is making it easier for transportation companies toestablish ele
FEW FAVOR JONES ACT LEGISLATION IN HOUSE
WILLIAM DiBENEDETTO |
House legislation to rewrite the vessel rebuilding and foreign-owner citizenship provisions of domes
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
PLATINUM PRICE AVERAGE SEEN AT $535 IN 1990An expected increase in interest by Japanese inve
SOY DEALERS WARY OF JAPAN'S DESIRE FOR IMPORTED BEEF MEAT QUOTAS SET TO END IN 1991
Jennifer Cody |
The prospect of lower domestic meat production has Japanese soybean dealers wary about the future of
ARGENTINE CURRENCY PLUNGES AGAINST DOLLAR
From Wire Reports |
Argentina's austral currency plunged against the U.S. dollar Wednesday while the government sought s
UTILITIES' NEEDS HELPED FUEL DECEMBER'S OIL PRICE CLIMB MAJOR STRAIN PUT ON SYSTEM
Sam Glasser |
December's unprecedented run-up of home heating oil prices in the Northeast was aggravated by an alm
'VOLUMETRIC SHRINKAGE' ENTERS OIL CARGO CLAIMS VOCABULARY
Peter D. Clark |
Litigation involving cargo losses in bulk oil shipments carried on tankers is common. These losses t
Maritime
TEXAS CLEARS AUTO COVER RATE HIKE
Laura Raley Borda |
State insurance regulators approved an average 2.88 percent rate increase Monday for Texas motorists
PEOPLE - MARITIME
From Wire and Staff Reports |
ALABAMA STATE DOCKS (Mobile, Ala.) - William G. Fox, 43, was named general manager of bulk operation
Maritime
CHINESE BREWERY WINS US TRADEMARK SUIT
P.T. Bangsberg |
A Chinese brewing company has won a U.S. federal court suit over trademark infringement by an Americ
Maritime
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA National Shoe Fair of America. Feb. 10-13. New York. Contact Trade Fair, (212)
Maritime
CHARLOTTE CAN ADD FOREIGN FLIGHTS
Knight-Ridder Newspapers |
Charlotte may soon have more international flights under a new policy recently unveiled by Transport
Air Cargo
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Credit Outlook 3A * EC 1992 Regulatory Roundup 4A* A.E. Cullison - Asia Vie
SHORT LINES CITED IN EMONS LOSSES
Journal of Commerce Staff |
Emons Holdings Inc. lost $118,709 on revenue of $3.6 million in the fiscal second quarter ended Dec.
Rail News
THAI PORT BIDS WILL BE SOUGHT DESPITE STRIKES WORKERS BALK AT PRIVATIZATION
P.T. Bangsberg |
Bids from private companies wishing to operate terminals at Thailand's new deep-sea port will be cal
Maritime
ENVIRONMENTAL CONCERNS CHALLENGE TRUCK SECTOR CLEAN AIR TO BE PRIORITY OF '90S
Bill Mongelluzzo |
The most significant challenges facing the nation's trucking industry in the 1990s will be regulatio
Trucking News
NC PORT PUTS FOCUS ON MARKETING
Craig Dunlap |
A year of so from now, when New York-area steamship executives hear someone mention Wilmington, Nort
Maritime
HOUSE PANEL HEARS NEED TO REPLACE COAST GUARD NAVIGATION AID FLEET
WILLIAM DiBENEDETTO |
A House maritime subcommittee learned Tuesday that the Coast Guard's aging fleet of seagoing buoy te
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
HONG KONG BULLISH ON NEW CONTRACTA new futures contract scheduled to debut in Hong Kong toda
CHEMICAL DIVERSION LAW MEETS PILE OF OBSTACLES
John Maggs |
A U.S. effort to stop the export of chemicals used to refine cocaine seems doomed to failure by a la
CME TO OUTLINE LIABILITY PROPOSAL ON GLOBEX SYSTEM
Mark Kollar |
The Chicago Mercantile Exchange is expected to propose new rules about liability limitations on the
WORKING RIG COUNT DECLINES BY 6 TO 931
(Ap) |
The number of working U.S. oil and gas rigs continued to decline this week, dropping by six to 931,
OIL MARKETERS DEBATE HANDLING OF PRICE OUTCRY
Tim Sansbury |
Petroleum marketers meeting here this week split sharply over the way their industry handled the pub
BANK MUST PAY OVER $15 MILLION FOR LAUNDERING
From Wire Reports |
A major international bank was ordered to forfeit more than $15 million after pleading guilty to dru
SAUDIS ADJUST PRICES OF CRUDE TO JAPAN
Knight-Ridder Financial |
Saudi Arabia told Japanese oil companies Tuesday that it would hike crude oil prices for Arab Light
CEASE-FIRE ENDS IN HORMONE WAR BETWEEN US, EC
Bruce Barnard |
One of the most bitter trans-Atlantic trade spats, the "hormone war," has reared its ugly head once
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
RISK MANAGERS, BROKERS TOLD TO STRESS ETHICS
From Wire Reports |
Risk managers and brokers who exploit market cycles for their own interest should analyze the financ
PUBLISHER'S NOTEBOOK
Don C. Becker |
Want to cut travel expenses? Try video-conferencing.Alex Mandl, chairman of Sea-Land Service
DISASTER-AID PROGRAM VS. CROP INSURANCE
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Clayton Yeutter Tuesday proposed that the 1990 farm bill es
PHILLIPS STUDIES MOTOR-FUEL PROPANE SALES
John Boyd |
Phillips Petroleum Co. is poised to start marketing propane in Denver for motor vehicles, the first
DOLLAR GAINS IN ACTIVE TRADING ON POLITICAL, TECHNICAL FACTORS
Knight-Ridder Financial |
The U.S. dollar rose against the deutsche mark and the yen Tuesday in active trading. Tradin
BALTIC FREIGHT INDEX
JOC Staff |
1606 (Feb. 6, 1990) Previous day - 1619 The Baltic International Freight Futures Market in L
Maritime
GROWTH SQUEEZES LOCAL AGENTS' ROLE
Allen R. Wastler |
Restaurants and ports have something in common: If they are good, they get discovered. Business bui
CONRAIL CUTS INJURIES BY 22 PERCENT
Journal of Commerce Staff |
Consolidated Rail Corp. credits a new safety program for the carrier's 22 percent reduction in job-r
Rail News
CARGO FELL 6.5 PERCENT LAST YEAR
WILLIAM DiBENEDETTO |
With somber 1989 cargo figures and a restive group of unemployed longshore clerical workers on hand,
EUROPE'S DEFENSE INDUSTRY HEADED FOR CONSOLIDATION
From Wire Reports |
A spate of acquisitions and joint ventures is changing the landscape of Western Europe's defense ind
Maritime
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