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FREIGHT RATE FUTURES
JOC Staff |
Feb. 2, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
SEA-LAND COMPUTERS TO TALK TO CUSTOMERS SIMILAR SYSTEMS AT APL, MAERSK
Tony Seideman |
Sea-Land Service Inc. is the latest ocean carrier to install a system allowing computers to respond
GUILTY PLEAS EXPECTED IN ILA CASE
Bruce Vail |
Guilty pleas on criminal conspiracy charges were expected to be entered Friday in Brooklyn's Federal
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS California Council for International Trade. Feb. 8. Santa Clara, Calif. Senio
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
COMMERCE TO REVOKE DUTIES ON 8 PRODUCTSThe Commerce Department plans to revoke anti-dumping
Maritime
LONGSHOREMAN ARRESTED FOR ALLEGED CONSPIRACY
Journal of Commerce Staff |
The Waterfront Commission of New York Harbor said Friday that a longshoreman had been arrested for c
XTRA PROXY FIGHT RAGES
Michael S. Lelyveld |
For managers of XTRA Corp., the last three years have been like jumping out of the frying pan into a
BN WILL HELP SOVIETS UPDATE THEIR RAILWAYS
Mark D. Berniker |
Burlington Northern Railroad Co. has signed an agreement with the Soviet Ministry of Railroads to mo
NORSK HYDRO OPTIMISTIC ON NEW FIELD
Knight-Ridder Financial |
Norsk Hydro said Tuesday that oil production from its new Troll West oil field is averaging 25,000 b
ENERGY BRIEFS
Wire and Staff Reports |
US OIL WORKERS UNION AGREES ON LABOR PACTThe trade union representing 40,000 U.S. oil worker
SEA CONTAINERS SALE EXPECTED TO BE APPROVED NO 'LOSERS' SEEN IN DEAL
David F. White |
Analysts expect the $1.1 billion sale of certain parts of Sea Containers Ltd. to Temple Holdings Ltd
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
AIDS RESEARCH CENTER TO OPEN IN MANHATTANAn institute devoted solely to AIDS research will o
SIMON SAYS
Howard Simon |
CONVENTIONAL WISDOM on soybeans, that South American producers will reap a smaller 1990 harvest, is
CBT TO HELP CHINA SET UP FUTURES MARKET
(Ap) |
The Chicago Board of Trade signed a memo of understanding Friday to assist China's preparations in e
DOLLAR IS LOCKED IN NARROW RANGE
Kevin Commins |
The dollar remains locked in a narrow, nervous trading range, torn between uncertainties in Eastern
COST OF CREDIT
JOC Staff |
Fri., Feb. 2, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
LITTLE TEXAS TOWN ENJOYS BIG OIL BOOM
(Reuter) |
While the rest of Texas struggles to pull itself out of economic depression, this dusty town in the
PORT OF TACOMA MAPS PLAN TO USE MCCHORD AIRFIELD
John Davies |
Commercial air freighters would get a new place to land in the Pacific Northwest under a proposal by
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
FEDERAL EXPRESS ADDS TO MD-11 ORDERSLONG BEACH, Calif. - Federal Express Corp. converted thr
Air Cargo
HALIFAX MARKS RECORD BOX YEAR
Leo Ryan |
The Port of Halifax predicts it will overtake Montreal as Canada's biggest containerportduring the 1
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1638 (Feb. 2, 1990) Previous day - 1642 The Baltic International Freight Futures Market in L
Maritime
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
FORMALDEHYDE Borden Inc.'s chemical division said it would raise formaldehyde prices 1.5 cen
HOW DU PONT EVALUATES A FOREIGN INVESTMENT
Pei-Tse Wu |
In the last two months, E.I. du Pont de Nemours & Co. has announced foreigninvestments of ab
TRADE ZONE IN FLORIDA SET RECORDS IN FISCAL '89
Craig Dunlap |
Business continued to boom at the Port Everglades Authority's foreign trade zone, which chalked up a
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Feb. 2, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
LARRY KAUFMAN'S INSIDE TALK
Larry Kaufman |
IMPORTED CORN SHIPMENTS ARE BACKED UP in Soviet ports awaiting inland transportation. Recent
Rail News
MARAD FINALIZES FOREIGN CARGO RULE FOR SHIPS IN US-PUERTO RICO TRADE
Marie Prat |
A Maritime Administration order effective March 1 requires subsidy-built containerships in the U.S.-
Maritime
BRITAIN'S INCHCAPE RETURNS TO CHINA
P.T. Bangsberg |
After a 40-year absence, a British-based trading and transport combine is reopening its shipping off
EXPORT BRIEFS
Wire and Staff Reports |
US EXPORTS TO GROW, SAN FRANCISCO FED SAYSThe Federal Reserve Bank of San Francisco forecast
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
JAPAN'S JOBLESS RATE DECLINED IN DECEMBERJapan's seasonally adjusted unemployment rate in De
Maritime
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
SP'S TOP MANAGEMENT UNDERGOES SHAKE-UP
Howard S. Abramson |
Major management changes in the top echelons of the Southern Pacific Transportation Co. are apparent
UK NORTH SEA OIL OUTPUT FORECAST TO RISE THIS YEAR
Knight-Ridder Financial |
Crude oil production in the U.K. sector of the North Sea will average 2.01 million barrels a day in
SHIPPERS ASSOCIATION SELLS OPERATING SUBSIDIARY
ALLEN R. WASTLER and LEO ABRUZZESE |
Itofca Inc., the largest shippers association, has sold its operating subsidiary, Itofca Consolidato
Maritime
NJ HEARINGS TO FOCUS ON AUTO COVER REFORM
(Ap) |
New Jersey lawmakers have scheduled six hearings over the next three weeks to address Gov. Jim Flori
DEBATE OVER JURISDICTION PITS SEC AGAINST CFTC
Sherie Winston |
The debate over who regulates certain stock and futures products is getting ready to erupt in Congre
MCDONALD'S PAVES WAY FOR FUTURE PARTNERSHIPS
Rosalind Rachid |
The venture that put a McDonald's Corp. restaurant in Moscow makes an excellent case for joint ventu
Maritime
LA, LONG BEACH SET BOX RECORD SLOWER GROWTH FORECAST FOR '90
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach are projecting continued, albeit slower growth in 1990 after
Maritime
INSIDE TALK ON SHIPPING
Jon Jacobs |
MARITIME ADMINISTRATOR WARREN LEBACK is set to tackle a new topic, waterfront land use, today in a l
Maritime
PEOPLE - OIL/GAS
From Wire and Staff Reports |
GETTY PETROLEUM CORP. (Jericho, N.Y.) - Milton Safenowitz, co-founder, executive vice president and
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