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JAPANESE WORRY ABOUT WEAK YEN
Knight-Ridder Financial |
Bank of Japan Governor Yasushi Mieno said that a weak yen is a major threat todomestic price stabili
CHEMICAL BRIEFS
From Wire and Staff Reports |
WEST GERMANY PROBES BAYER AG SALE TO IRANCOLOGNE, West Germany - The West German government
DUBAI PLANNING AIR FREIGHT COMPLEX
Phillip Hastings |
Details of a new $70 million cargo complex for Dubai International Airport in the United Arab Emirat
Air Cargo
UNITED, AMERICAN RAISE CARGO RATES
(Ap) |
The nation's two largest airlines are raising most cargo rates to help offset surging jet fuel costs
Air Cargo
INGRAM COAL HOPES TO SELL ITS KY. MINING OPERATIONS
Tim Sansbury |
Ingram Coal Co., a major exporter of coal via terminals on the Lower Mississippi River, put its mini
COMMODITY BRIEFS
From Wire and Staff Reports |
JAPANESE BEEF QUOTA SET AT 167,000 TONSJapan will import 167,000 metric tons of beef for gen
RUNAWAY BARGES SPUR CALL FOR HIKE IN FINES
Dave Higdon |
Heavier fines for careless barge operators might be necessary, a general with the U.S. Army Corps of
GM SHIFTS COST CUTTING INTO OVERDRIVE
(Ap) |
General Motors Corp. said Friday it will offer early retirement incentives, limit new hiring and red
BALTIC FREIGHT INDEX
JOC Staff |
1658 (Jan. 12, 1990) Previous day - 1655 The Baltic International Freight Futures Market in
Maritime
RAIL UNION CHIEF URGES ACCIDENT PREVENTION REJECTS FELA NEGOTIATIONS
Howard S. Abramson |
The president of a large railroad union rejected an industry call to negotiate changes in how injure
Rail News
LLOYD'S TO PUSH PLAN TO REMOVE MARKET BARRIERS
Edwin Unsworth |
Lloyd's of London expressed confidence it could overcome opposition from some of its members to remo
PEOPLE - COMMODITIES CME MEMBERSHIP ELECTS 12 GOVERNORS
From Wire and Staff Reports |
Twelve members of the Chicago Mercantile Exchange were elected last week to the exchange's board of
FEAST OR FAMINE FOR P/C INDUSTRY?
Janet Aschkenasy |
Investment feast or premium famine for insurers in 1989? The numbers can be confusing. The p
TRAFFIC BRIEFS
From Wire and Staff Reports |
SANTA FE RAILWAY STARTS ST. LOUIS SERVICEThe Atchison, Topeka and Santa Fe Railway has begun
Rail News
DOCK EXPRESS WANTS TO BE PART OF ANY US-FLAG SHIP SUBSIDY DEAL
Bruce Vail |
Government support for proposals to expand subsidies to U.S. shipping companies is prompting Dock Ex
Maritime
GENERAL CARGO TRAFFIC RISES 15.3 PERCENT AT PORT OF AMSTERDAM
Journal of Commerce Staff |
Increased general cargo traffic at the Port of Amsterdam helped the port's overall cargo volume duri
Maritime
PENSION INSURER STRUGGLES TO STAY SOLVENT
Chicago Tribune |
An obscure federal agency that insures pensions for one-third of America's workers is struggling und
HEATING OIL POSTINGS SLIP BELOW 80 CENTS
Journal of Commerce Staff |
Posted home heating oil prices dropped further Thursday, and even broke through the 80-cent-a-gallon
INSURANCE BRIEFS
From Wire and Staff Reports |
FIVE NJ INSURERS FINED FOR VIOLATING LAWSTRENTON, N.J. - Five insurance companies, including
STEWART TO HEAD SEAWAY AUTHORITY
Leo Ryan |
Glendon Stewart, a senior executive of the Canadian Coast Guard on the west coast, was appointed pre
Maritime
CHINESE PRESS CATHAY TO AID RIVAL DRAGONAIR
P.T. Bangsberg |
Cathay Pacific Airways Ltd., the highly profitable principal air carrier of the colony, is about to
Air Cargo
HEAVY-LIFT OPERATOR SEEKS QUICK CHARTER DEALS
Journal of Commerce Staff (- Bruce Vail) |
When the general cargo ship Monterrey docked at Philadelphia Thursday, its arrival marked the beginn
IMPORT BRIEFS
Wire and Staff Reports |
E. GERMAN FIRM BUYS US-BASED ROYAL ZENITHMUNICH, West Germany - A state-owned East German pr
Maritime
FOREIGN INVESTMENT IN US HITS RECORD FRENCH FIRMS LEAD DRIVE
Journal of Commerce Staff |
Foreign "direct" investment in the United States rose by between $63 billion and $68 billion last ye
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CONSUMER PRICE INDEX RISES IN WEST GERMANYFRANKFURT, West Germany - The West German consumer
ECONOMIC ILLS SLOW LATIN DEBT PROGRESS
From Wire Reports |
Economic reform has gone wrong in Argentina, inflicting a heavy burden on the people and leaving for
ENERGY BRIEFS
Wire and Staff Reports |
NY TO EXAMINE RISE IN HEATING OIL PRICESThe state will conduct a hearing later this month in
E. EUROPE MAY EXPAND SCOPE
Knight-Ridder Financial |
West Germany is widely expected to dominate initial trading with Eastern European countries, but thi
Maritime
CALIF. DEMOCRATS TACKLE AUTO INSURANCE DISPUTE
Jerry Goldberg |
California's bitter auto insurance dispute is shaping up as the key battle in a weekend meeting of t
CUSTOMS UPDATE
JOC Staff |
NEW COUNTRY NAME FOR BURMA. The U.S. Customs Service is not accepting Union of Myanmar for country-o
Maritime
COFFEE FUTURES MOVE LOWER
From Wire and Staff Reports |
Coffee futures traded moderately lower Thursday. Nearby futures contracts on the New York Co
YEUTTER WARNS WHEAT GROWERS ON BUDGET
(Ap) |
Agriculture Secretary Clayton Yeutter told wheat growers Thursday that developing countries can be g
FREIGHT RATE FUTURES
JOC Staff |
Jan. 11, 1990 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1655 (Jan. 11, 1990) Previous day - 1652 The Baltic International Freight Futures Market in
Maritime
NC PORT AUTHORITY TO MOVE SALES OFFICE
Journal of Commerce Staff |
Donald D. Black Jr., North Carolina State Ports Authority marketing manager, will relocate his offic
Maritime
MISSOURI COMPANY WILL HELP BUILD THAI PAPER MILL
John Boyd |
An engineering firm based here stands to earn a fee of up to $10 million byhelping build a $
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * Howard Simon - Simon Says 7A* Greg Johnson - Managing Traffic 2B
THE ECONOMY
Wire and Staff Reports |
0.5 PERCENT RISE PREDICTED FOR PRODUCER PRICESWeather-related increases in some food and ene
J. HERMAN TO TAKE THE HELM OF SAN FRANCISCO PORT GROUP QUAKE RECOVERY CITED AS PRIORITY
Mark Magnier |
James Herman, president of the International Longshoremen's and Warehousemen's Union, was named pres
Maritime
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