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Commentary
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ENERGY BRIEFS
Wire and Staff Reports |
MEXICO, JAPAN SIGN OIL SUPPLY AGREEMENTMexico's state-owned oil company, Petroleos Mexicanos
AMERICA WEST BEGINS SERVICE AT PALMDALE AIR TERMINAL
Bill Mongelluzzo |
The decision by America West Airlines to begin service at Palmdale Air Terminal in early January was
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
UPS PILOTS CHOOSE NEW UNION'S OFFICERSLOUISVILLE, Ky. - Pilots flying for United Parcel Serv
Air Cargo
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CONFERENCE BOARD SEES SLOW EXPANSION AHEADEconomic indexes from 11 industrial countries poin
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1648 (Jan. 29, 1990) Previous day - 1651 The Baltic International Freight Futures Market in
Maritime
TRUCK MAKERS MIRED IN US ECONOMIC WOES STOCK PRICES REFLECT PATTERN
(Ap) |
While the auto industry has struggled with a series of much-publicized problems in recent months, ma
Trucking News
PEOPLE - MARITIME C.N. JOHNSON APPOINTED MARITRANS GP PRESIDENT
Wire and Staff Reports |
Craig N. Johnson was named president and chief operating officer at Maritrans GP Inc., effective Feb
Maritime
ICC OFFICIALS DENY LEADING LAMBOLEY ACTION
Journal of Commerce Staff |
Two Interstate Commerce Commission members have denied that they're behind a move to deny renominati
Trucking News
CORRECTION
JOC Staff |
The column that appeared on Page 2B of the Jan. 29 edition of The Journal of Commerce should have be
Rail News
BUSH BUDGET BOOSTS ASSISTANCE TO E. BLOC BUSINESS, AVIATION SPOTLIGHTED
Richard Lawrence |
The budget President Bush sent to Congress Monday calls for further U.S. assistance to Eastern Europ
EAST EUROPEAN DEMAND TO BOOST WORLD OIL USE, SUBROTO SAYS
Knight-Ridder Financial |
The increase in world oil demand excluding the centrally planned economies may be about 6 million to
SPOT PRODUCT PRICES
JOC Staff |
Jan. 29, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
STEEL RALLY AIDS BURNS HARBOR CARGO VOLUME JUMPS 19 PERCENT
Kevin Commins |
The revival of the northwest Indiana steel industry helped bolster cargo volumes at Burns Internati
Maritime
OIL TANKERS REACH MASS. TERMINALS AS RIVER REOPENS
Michael S. Lelyveld |
The Chelsea River reopened to barge and tanker traffic Sunday morning after two shutdowns of the wat
FOREIGN INVESTORS APPLAUD EFFORT TO REFORM YUGOSLAVIA'S ECONOMY
William Ward Maggs |
The chaos in Yugoslavia's political system may be less important, say foreign investors and many Yug
PEOPLE - SHIPPERS
Wire and Staff Reports |
WORLDLINK LOGISTICS INC. (Cherry Hill, N.J.) - Larry J. Gilligan was named opera- tions manager for
Transport, Trade and Regulation News
RISK MANAGEMENT FINDS STAUNCH ADVOCATE AT OSHA
(Ap) |
Gerard F. Scannell shudders when he recalls the amputations that some pharmaceutical workers suffere
INSURANCE BRIEFS
From Wire and Staff Reports |
NY REVISES RANKING OF AUTO INSURERSThe New York State Insurance Department reported a correc
REEFER BOX TRADES COULD MAKE STRIDES
Janet Porter |
The use of refrigerated containers is expected to grow considerably over the next decade as faciliti
US PROPOSES LIMITED CURBS ON INVESTMENT
Keith M. Rockwell |
The United States Monday sent the General Agreement on Tariffs and Trade a proposal to limit the pow
Maritime
DOLLAR FALLS VS. ALL EXCEPT YEN
Knight-Ridder Financial |
The U.S. dollar declined Monday against all key currencies except the yen. Dealers said the
PEOPLE - OIL/GAS
From Wire and Staff Reports |
CROWN CENTRAL PETROLEUM (Baltimore) - R.D. "Mac" McMullen will become senior vice president of marke
WORKSHOP ON SHIPS OF FUTURE SET FOR MAY
Journal of Commerce Staff |
Future ship designs will be explored in depth at a three-day national workshop sponsored by the Soci
Maritime
ALUMINUM CONTRACT FACES UNCERTAINTY
Roberta C. Yafie |
The Commodity Exchange Inc.'s aluminum contract will be closely scrutinized next month as a group of
BUSH ADDS 4.1 PERCENT TO FARM BUDGET
From Wire and Staff Reports |
The Bush administration's 1991 federal budget is taking a bite out some government agricultural prog
EC OUTSIDERS PURSUE CONNECTION WITH EMS
From Wire Reports |
Outsiders seeking currency stability are knocking at the European Community's door, forcing the EC t
QUOTA WATCH
JOC Staff |
Textile Quotas to Watch as of 1/26/90* PercentageCountry Category Description Filled
Maritime
SHIPPER REPORT
From Wire and Staff Reports |
COURTAULDS COATINGS OPENS NEW WAREHOUSEHOUSTON - Courtaulds Coatings USA is now using its ne
Transport, Trade and Regulation News
MARKETS AND MONEY
Albert L. Kraus |
RICHARD DARMAN, DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET, no shrinking violet, is being accus
INTERNATIONAL BRIEFS
Wire and Staff Reports |
MEXICO TO ASK GATT FOR BOOST IN EC ACCESSMexico will ask the General Agreement on Tariffs an
Maritime
MEXICO BORDER FACTORIES COME UNDER HEAVY FIRE MORATORIUM RECOMMENDED
Maggie Rivas |
Factories with facilities on both sides of the U.S.-Mexican border are undermining U.S. immigration
Maritime
TANKER RUNS AGROUND IN THE BRONX
(Ap) |
Some 672,000 gallons of gasoline were transferred from one ship to another Monday after a tanker ran
Maritime
PEOPLE - RAILROAD BN NAMES GREENWOOD TO NEW POST
From Wire and Staff Reports |
Burlington Northern Railroad Co. named William E. Greenwood chief operating officer, effective Feb.
Rail News
CN PLANS TO BID FOR AILING RAIL JOINING WITH 2 THAT LOST TO CP
Howard S. Abramson |
Canadian National Railways has entered the race to control and long-ailing Delaware & Hudson Railway
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
POLYSTYRENE RESINS Dow Chemical Co., based in Midland, Mich., said it will increase prices o
CRB FUTURES OUTLOOK
James M. Nevler |
UNTIL RECENTLY, TRADERS could assume that the Group of 7 central bankers were committed topegging th
WEST EUROPEAN CHEMICAL GROWTH SLOWED IN 1989
Journal of Commerce Staff |
Cefic, the European chemical industry federation, said the overall growth rate of the Western Europe
FORD AEROSPACE, EGYPT CONCLUDE PACT
Journal of Commerce Staff |
Ford Aerospace and Egypt have concluded a contract for Chaparral air-defense missiles and launchers,
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
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