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Platts Containers Update
ATLANTIC CONTAINER LINE NAMES THREE EXECUTIVE VICE PRESIDENTS
William Armbruster |
Atlantic Container Line gave new titles to three top executives Wednesday, just one day after the re
Maritime
FUEL OIL DEALERS, MAJORS REAP HOT PROFITS FROM COLD SPELL
(Ap) |
Local heating oil dealers and major oil companies took advantage of record heating oil demands in th
BRAZILIAN OIL STRIKE CONTINUES
Journal of Commerce Special |
Petrobras, the state oil monopoly, reported no change in the strike situation Wednesday as Brazil's
COURT REMOVES LAWSUIT SHIELD FOR US FIRMS
(Ap) |
A unanimous Supreme Court ruled Wednesday that a doctrine restricting U.S. court review of foreign p
TRADE DEFICIT WIDENS
Richard Lawrence |
The U.S. trade deficit rose slightly in November, and forecasters are divided over the nation's trad
UK URGED TO TIGHTEN FISCAL POLICY
Knight-Ridder Financial |
A confidential International Monetary Fund report has called on the United Kingdom to further tighte
BULK CARRIERS BID FOR LUMBER
John Davies |
Adolf Hertrich remembers times back in the early 1970s when his sawmill firstcut a few board
MONONGAHELA SECTION REOPENS
Dave Higdon |
A tow with 12 barges sat at idle Wednesday midday when Maxwell Locks and Dam reopened early to traff
Rail News
HIGHER COTTON OUTPUT LIKELY TO SOFTEN PRICES
Linda Hopwood |
U.S. cotton production will increase this season over last and, not surprisingly, cotton prices are
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
DURING THE DECEMBER FREEZE AND THE RUN-UP OF FUEL OIL PRICES, The Journal of Commerce was bombarded
EUROPEAN CARRIERS THREATEN CAMPAIGN FOR 'OPEN SKIES'
Bruce Barnard |
The European Community Commission's attempt to break up Europe's powerful airline cartel is under th
Air Cargo
IBM REPORTS SHARP DROP IN EARNINGS FOR QUARTER
(Ap) |
International Business Machines Corp. announced fourth-quarter earnings fell 74 percent, largely bec
SOVIET LAW TO DISSOLVE INSURANCE MONOPOLY
Albert Axebank |
A new insurance law to be adopted by the end of this year should end the state monopoly on insurance
SHIP AGENCY IN SAVANNAH FILES PETITION TO LIQUIDATE
Craig Dunlap |
An era came to an end this week when Smith & Kelly Co. filed a petition to liquidate its assets unde
TRADING WITH SPAIN SUSTAINED GROWTH FUELS US TRADE
Charles Thurston |
Ever since Spain joined the European Community in 1986, the thriving Spanish economy has led the 12-
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CANADA POSTS SURPLUS IN TRADE FOR NOVEMBERCanada registered a merchandise trade surplus in N
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
AVIATION BRIEFS
Wire and Staff Reports |
LUFTHANSA IS HANDLING QANTAS' CARGO IN LAQantas, the Australian-flag carrier, said its Los A
Air Cargo
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/16 1/12
COURT TO HEAR TRUCK RATE CASE
Journal of Commerce Staff |
The Supreme Court Tuesday said it will hear arguments on the long-simmering dispute over the legalit
Trucking News
KY. INAUGURATES TRANSFER SYSTEM
Dave Higdon |
The first trainload of bulk potash moved through the Jefferson Riverport here Tuesday, the result of
Rail News
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA U.S. Medical Equipment and Supplies Exhibition. Jan. 24-25. Teguci Galpa, Hond
Maritime
HONG KONG TOY FAIR ORDERS SOAR
P. T. Bangsberg |
The international toys and games fair that closed last Saturday notched up a record 176 percent incr
Maritime
JAPAN LIKELY TO KEEP US CAR EXPORT QUOTA
Knight-Ridder Financial |
Japan is likely to keep its present voluntary quota level on car exports to the United States for 19
Maritime
CUOMO FORMULA COULD ESCALATE INSURANCE TAX
Journal of Commerce Special |
Higher taxes may be in store for New York insurers. A plan to eliminate New York's tax on in
US BANK EASES PAIN OF EXPORT COLLECTION
Rosalind Rachid |
There should have been nothing unusual about a recent business deal between an importerin Africa and
BRAZIL FORCED TO SHELVE DEBT PLAN
James Bruce |
Brazilian President-elect Fernando Collor de Mello is shelving a plan to decentralize this country's
ICC EXPECTED TO LAUNCH TRUCKING RATE PROBE
Leo Abruzzese |
How seriously does the Interstate Commerce Commission care about pricing practices in the trucking i
Trucking News
ENERGY BRIEFS
Wire and Staff Reports |
BP OIL WILL MERGE 2 EUROPEAN DIVISIONSBP Oil, the international refining and marketing unit
GERMAN SKY EXPRESS FOCUSES ON UK
Phillip Hastings |
The West German air express company German Sky Express, which began operations at the beginning of
Air Cargo
BALTIC FREIGHT INDEX
JOC Staff |
1663 (Jan. 16, 1990) Previous day - 1660 The Baltic International Freight Futures Market in
Maritime
CREDIT OUTLOOK
Gordon Platt |
THE SURGE IN PRODUCER PRICES for December, reported last Friday, may have been a smoke screen caused
US SHIPYARDS SEE HOPE FOR COMMERCIAL MARKETS
WILLIAM DiBENEDETTO |
Shipbuilders are hoping a revitalized commercial shipbuilding market in the 1990s will offset a drop
Maritime
CONSUMERS HAVE MIXED FEELINGS ABOUT COPING WITH CAR COVER COSTS
Journal of Commerce Staff |
Some 49 percent of the respondents to a new nationwide survey rejected the idea of reducing minimum
RORER GROUP WEIGHS MERGER POSSIBILITIES
From Wire Reports |
In another sign of the consolidation sweeping the pharmaceutical industry, Rorer Group Inc. said it
LEBACK: MARAD DIDN'T BLOCK OIL
Marie Prat |
Maritime Administrator Warren Leback said Tuesday that his agency did not block deliveries of heatin
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
PROGRESSIVE CASUALTY, NAVIGATIONS SIGN PACTNavigations Group Inc. has signed an agreement wi
GM SAYS IT'LL KEEP MO. PLANT SHUT
John Boyd |
Dashing local hopes for a comeback, General Motors Corp. made it clear to auto workers from its idle
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