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Platts Containers Update
OPENING OF UK PORT DELAYED TILL MARCH
Janet Porter |
Britain's newest containerport has hit a few snags that will delay the opening by about a month.
Maritime
ROADWAY, CF REPORT SHARP EARNINGS DROP SEVERAL FACTORS CONTRIBUTED
Leo Abruzzese |
Lower freight rates, higher fuel prices and a lackluster economy slashed fourth-quarter earnings for
Trucking News
COST OF CREDIT
JOC Staff |
Tue., Jan. 30, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PUBLISHER'S NOTEBOOK
Don C. Becker |
To hear Carla Hills tell it, 1990 will be the most important year in decades for deciding the future
ENERGY BRIEFS
Wire and Staff Reports |
BRAZILIAN OIL OUTPUT HITS RECORD LEVELSSAO PAULO, Brazil - Brazilian oil production averaged
BOSTON STUDIES PLAN FOR SECOND AIRPORT
Michael S. Lelyveld |
As Gov. Michael S. Dukakis unveils a plan to redevelop Logan International Airport, transportation o
Air Cargo
ILA CHIEF WILL FIGHT REBELLIONS IN CANADA
Leo Ryan |
The leader of the International Longshoremen's Association promises a fight against rebellious union
WASH. STATE STUDY FINDS OPPORTUNITIES FOR PRODUCE EXPORTS
John Davies |
With a single premium melon selling in Tokyo for up to $100, Washington state growers are getting re
Maritime
BUSINESSMEN BLAST JAPANESE TRADE POLICIES
From Wire Reports |
American and European business groups Tuesday charged the Japanese government with fostering protect
Maritime
HOUSE PANEL TOLD TO END CURBS ON SOVIET TRADE
Keith M. Rockwell |
The United States should strip away remaining impediments to trade with the Soviet Union, a panel of
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BILL SEEKS EQUAL ACCESS FOR US BANKS
Knight-Ridder Financial |
Senate Banking Committee Chairman Don Riegle, D-Mich., has introduced legislation that could limit f
INDIAN MISSION FOR OILSEEDS SELF-SUFFICIENCY IS STILL ALIVE
Knight-Ridder Financial |
India has no plans to give up its special oilseeds technology mission program, which aims to boost d
PEOPLE - CHEMICALS
From Wire and Staff Reports |
AIRGAS INC. (Wilmington, Del.) - Lanny R. Patten was named president and chief operating officer, ef
THE ECONOMY
From Wire and Staff Reports |
200,000 NEW JOBS EXPECTED IN REPORTJanuary's employment report, due out Friday, may show new
DESIGNER OF INNOVATIVE BOXSHIP SEEKS COMPANY TO TAKE A RISK
Journal of Commerce Staff |
Bengt W. Tornquist, the former Wallenius Lines employee credited with developing the roll-on roll-of
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
BANK OF CHINA TO DRAW ON JAPANESE CREDITThe Bank of China will draw $500 million of a $2 bil
SEA-LAND FILLS TOP PACIFIC JOBS REORGANIZATION MOVES FORWARD
Journal of Commerce Special |
As part of the management reorganization it began last month, Sea-Land Service Inc. Tuesday announce
Maritime
TRUCK FLEET FACES 2,400 MICH. CITATIONS
Gregory S. Johnson |
Transportation and Material Handling, the in-house truck fleet of National Steel Corp.,faces 2,442 v
Trucking News
CANADIAN PACIFIC WILL UNDERWRITE D&H LOSSES
Howard S. Abramson |
Canadian Pacific Ltd. will underwrite the operating losses that the Delaware & Hudson Railway Co. in
Rail News
COMMODITY BRIEFS
From Wire and Staff Reports |
GLOBAL FARM STRATEGY STRESSED AT CONVENTIONThe need for a global agriculture strategy and di
INDICTED YEN TRADERS ASK JUDGE TO SUPPRESS JAN. 18-19 STATEMENTS
From Wire Reports |
Federal prosecutors said two yen traders cooperating with the FBI investigation of the futures pits
LONDON MARINE, AVIATION MARTS CITE '89 LOSSES
Edwin Unsworth |
Members of the Institute of Marine Underwriters collected 1.6 billion ($2.7 billion) in premiums in
JAPANESE EXPORTS OF VEHICLES FELL TO 6-YEAR LOW LAST YEAR VALUE RISES 2.5 PERCENT TO $66.2 BILLION
A.E. Cullison |
Japanese exports of all types of motor vehicles fell below 6 million units in 1989, the first time i
Maritime
CHINA STRUGGLES TO CUT LARGE AUTO STOCKPILES
P.T. Bangsberg |
China watchers say much of the country's economic policy these days is self- defeating because of co
Maritime
INDONESIA STUDIES LNG PRICE CUT
Knight-Ridder Financial |
Indonesia may cut the selling price of its liquefied natural gas to stay competitive and hold its le
DU PONT TO RESTRUCTURE ITS POLYMERS BUSINESSES 900 EMPLOYEES TO LOSE JOBS
Pei-Tse Wu |
Du Pont Co. said Tuesday it would cut 900 jobs as part of a restructuring of its polymer products bu
CBT CRITICIZES USER FEE PLAN
Kevin Commins |
A proposal by President Bush to impose an 11-cent fee on every futures trade elicited a mixed reacti
LUMBER FUTURES HOLD GAINS
From Wire Reports |
The price of lumber has soared this month, shrugging off signs of a weak housing market in pockets o
GORDON PLATT'S CREDIT OUTLOOK
Gordon Platt |
THE HIGHER BOND YIELDS GO, the more buying interest there likely will be for the new supply of Treas
MASS. COMMISSIONER CONSIDERS COMPETITIVE AUTO INSURANCE SYSTEM
TOM McNIFF Jr. |
Timothy Gailey, Massachusetts insurance commissioner, said he's under timepressure to introd
INSURANCE BRIEFS
Wire and Staff Reports |
TEXAS DEMOCRATS VOTE ON NEED FOR REFORMAUSTIN, Texas - Democrats in Texas will have a chance
WHITE HOUSE DEFERS SUBSIDY CHANGES UNTIL TASK FORCE REPORT CONCLUDED
MARIE PRAT and WILLIAM DiBENEDETTO |
Although President Bush's budget proposal doesn't include funding for revising maritime subsidy prog
Maritime
NEW PRODUCTS
From Wire and Staff Reports |
SONY CORP. INTRODUCES TINY ELECTRONIC BOOKSony Corp., having reshaped lifestyles by bringing
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/30 1/29
HOUSTON OPERATIONS RETURN TO NORMAL AFTER TRUCKER PROTEST
Gary Taylor |
The Port of Houston was reported "back to normal" Tuesday after Monday's picketing by independent tr
Maritime
C-E MERGING WITH UNIT OF ASEA BROWN BOVERI
Journal of Commerce Staff |
Combustion Engineering Inc. shareholders Tuesday approved the merger of C-E into a subsidiary of Ase
RAILROAD INTERMODAL EXECUTIVES GET EARFUL FROM BIG SHIPPERS CHEVRON PARES CARRIER NUMBERS
Mark Magnier |
An increasingly popular strategy among U.S. shippers is to reduce the number of freight carriers and
EMPLOYER HEALTH CARE COSTS CONTINUE TO SOAR
Gilbert M. Gaul |
The costs to employers of providing medical coverage continued to soar last year, outpacing inflatio
BRAZILIAN EXPORTERS BIDE TIME IN CURRENCY STRUGGLE
James Bruce |
Brazilian exporters are leaning fiercely on the government to devalue the currency. But whil
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