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Platts Containers Update
1992 - THE EUROPEAN COMMUNITY ROUNDUP. WEEK OF JAN. 8
JOC Staff |
The EC Commission said Tuesday it had closed an anti-competition case against the U.S. soft-drink ma
Maritime
CORRECTION
JOC Staff |
A story that appeared in The Journal of Commerce Jan. 8 on Page 1B under the headline, "Manila Boxpo
Maritime
BEIJING RENEWS CALL FOR THRIFTY LIVING
(Ap) |
China told its 1 billion people Tuesday that a 16-month-old austerity drive was not aimed at loweri
NEW SERVICE IS SEEN AS BOON TO BUSINESS
Allen R. Wastler |
The Port of Hampton Roads, Va., soon will boast double-stack trains, special intermodal trains that
Maritime
BRAZIL GIVEN ULTIMATUM TO SHIP SUGAR TO US
Knight-Ridder Financial |
U.S. Trade Representative Carla Hills Tuesday said Brazil's problems shipping sugar to the United St
EUROTUNNEL 'NEARS ACCORD' ON PROJECT'S COST OVERRUNS
Journal of Commerce Staff |
Eurotunnel, the Anglo-French Channel Tunnel group, said Tuesday it is ''getting closer to a deal" wi
Rail News
US DOLLAR ENDS HIGHER ON TECHNICAL FACTORS
From Wire and Staff Reports |
The dollar rose Tuesday in what most dealers called a technical consolidation after recent weakness.
SOVIETS URGE BIG OVERHAUL OF COMECON
(Ap) |
The Soviet Union Tuesday proposed that the Comecon trading bloc begin trading on a hard currency bas
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
'WORLD CAR' IDEA REDEFINED FOR '90S
From Wire Reports |
Industry leaders say the idea of a "world car" may finally come to fruition in the 1990s, but its de
TAIWAN BRACES FOR CLASH OVER NAPHTHA CRACKER
P.T. Bangsberg |
Work on a long-stalled naphtha cracker in the southern Taiwanese city of Kaohsiung is likely to get
MITSUBISHI UNIT'S SALES SOAR
From Wire Reports |
Mitsubishi Motor Sales of America Inc. said passenger car sales in December totaled 13,941 units, a
CANADIAN ANALYSTS PESSIMISTIC ON '90
Leo Ryan |
Analysts expect underwriting results for Canada's property/casualty industry to deteriorate further
USERS WANT QUOTAS HIKED
From Wire Reports |
A leading association of sugar users asked the Agriculture Department Monday to raise U.S. sugar imp
COMMODITY BRIEFS
From Wire and Staff Reports |
US TRADE AID: NO DATE FOR USSR GRAIN TALKSORLANDO, Fla. - Contrary to statements by U.S. Tra
SHIP INDUSTRY BACKS CLOSING OF LOOPHOLE IN JONES ACT DOES FUEL OIL BLENDING CREATE NEW PRODUCT?
WILLIAM DiBENEDETTO |
A proposed change to the Customs Service's policy on fuel oil blending operations would close a nett
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1644 (Jan. 9, 1990) Previous day - 1637 The Baltic International Freight Futures Market in L
Maritime
CHINA PLANS CUTBACK IN LOCOMOTIVE IMPORTS
P.T. Bangsberg |
Officials in China say they will restrict imports of locomotives because the domestic industry now i
Rail News
GORDON PLATT'S CREDIT OUTLOOK
Gordon Platt |
CREDIT RATIONING HAS REAPPEARED in the United States for the first time in 15 years and is acting as
FINANCIAL BRIEFS
Wire and Staff Reports |
US CURBS LOANS TO FOREIGN GOVERNMENTSThe Office Comptroller of the Currency Tuesday limited
STEEL PRODUCTION RISES FOR WEEK
From Wire Reports |
Domestic steel production totaled 1,699,000 net tons during the week ending Jan. 6, 1990, up 16.9 pe
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
AVIATION BRIEFS
Wire and Staff Reports |
SAS GETS NOD TO BUY 35 PERCENT STAKE IN LAN CHILESANTIAGO, Chile - Scandinavian Airlines Sys
Air Cargo
ACCIDENT IDLES SHIP IN LYKES OPERATION
Bruce Vail |
New Orleans-based Lykes Bros. Steamship Co. is moving to restore its trans- Atlantic container servi
Maritime
OCEAN SPRAY WORKERS STRIKE OVER HEALTH INSURANCE COSTS
(Ap) |
Workers at Ocean Spray Cranberry Inc.'s processing plant went on strike Monday to protest a contract
INSURANCE SEEN FACTOR IN ALLEGED MURDER CASE
Journal of Commerce Special |
Insurance pay-outs appear to have been a prime motive in a lurid alleged murder-suicide case that ha
DU PONT TO INVEST IN SINGAPORE PLANTS
Jacob Daniel |
E.I. du Pont de Nemours & Co. is kicking off its previously announced regional investment drive with
US SEEN VICTOR IN SUGAR QUOTA BATTLE WITH EC OFFICIAL GATT RULING AWAITED
Knight-Ridder Financial |
U.S. sugar industry officials say an international trade panel apparently has ruled in favor of the
DURIRON CO. SELLS EUROPEAN PLASTICS UNIT
Journal of Commerce Staff |
Duriron Co. said it sold Janssens plastics subsidiary to Performance Plastic Products, a subsidiary
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/9 1/8
PEOPLE - AVIATION
Wire and Staff Reports |
LOCKHEED CORP. (Calabasas, Calif.) - Walter E. Skowronski was appointed staff vice president, invest
Air Cargo
POSTAL SERVICE SEEKS MORE BULK CARRIERS
Journal of Commerce Staff |
In an effort to improve service, the U.S. Postal Service is seeking carriers to haul international s
Air Cargo
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Credit Outlook 3A * EC 1992 Regulatory Roundup 5A* A.E. Cullison - Asia Vie
THAW EASES FUEL OIL PRICES
Leo Abruzzese |
Warmer weather is reducing near-record demand for fuel oil, which is allowing fuel prices to fall, U
DUTCH LAW SHIFT WILL HELP COURIER USERS
Edwin Unsworth |
Private courier companies should be able to offer a cheaper service for Dutch customers if the Nethe
Air Cargo
RICHARD MALKIN'S AIR CARGO FOCUS
Richard Malkin |
A NOT UNCOMMON plaint among cargo managers throughout the airline industry is that they often report
Air Cargo
MARITIME BRIEFS
From Wire and Staff Reports |
MATSON TO BOOST RATES IN US-HAWAII SERVICEMatson Navigation Co. said it filed a 3.6 percent
Maritime
THAILAND BOOSTS ELECTRONICS INCENTIVES
P.T. Bangsberg |
Thailand's government is changing its rules on incentives for overseas-backed electronics companies
Maritime
CIGARETTE CASE RETRIAL MAY YIELD LARGER AWARD OTHER MAKERS MAY BE EXPOSED
Cristina Lee |
The decision by a Philadelphia appeals court to reverse a $400,000 damage award against a cigarette
INSURANCE BRIEFS
From Wire and Staff Reports |
AXA MIDI SELLS OFF NON-STRATEGIC ASSETSIn a first step toward executing its strategy to acqu
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