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CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
AGENCY PLANS TO INSURE FIRST US JOB IN HUNGARY
Journal of Commerce Staff |
The Overseas Private Investment Corp. will sign today its first insurance contract ever for a U.S. b
COST OF CREDIT
JOC Staff |
Fri., Jan. 5, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
ENERGY OUTLOOK
Dale Steffes |
MY NEW YEAR'S CELEBRATION T-shirt reads: "I survived the '80s." This was no small feat when
NORFOLK SOUTHERN ENDS REBATES, KEEPS BASE RATES FOR EXPORTS
Tim Sansbury |
Norfolk Southern Corp. is holding the line on base rates for export coal in 1990 but is eliminating
POLAND MOVES TO RESCUE GDANSK YARD SHARES OF STOCK TO BE OFFERED
From Wire Reports |
Poland's Solidarity-led government said Friday it was preparing to cancel a decision by the previous
Maritime
OIL, COPPER PRICE HIKES GIVE LIFT TO JOFC INDEX
Howard Simon |
The Journal of Commerce Industrial Price Index rose last week in response to rising prices for crude
RED TAPE BOGS DOWN SOVIET JOINT VENTURES COMPANIES FIND IT'S WORTH WAIT
Mark D. Berniker |
While momentum builds for closer Soviet-American trade, companies already exploring the icy waters o
Maritime
RMJ RULED NOT AN EXCHANGE
Knight-Ridder Financial |
The Securities and Exchange Commission Friday approved an application by Delta Government Options Co
CALIF. FIRM PLANS TO SHIP COMPUTERS TO SOVIET BUYER
Duncan Robinson |
A subsidiary of a California company plans to ship 770 computers, worth more than $1 million, to the
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS U.S.S.R. and Eastern Europe: End of an Era? Jan. 23. Portland, Ore. Contact V
Maritime
WATERFRONT CONTRACT TALKS UNDER WAY
Bruce Vail |
Only six months after hammering out a difficult labor accord, waterfront employers and leaders of th
Maritime
JAPAN'S ASAHI BREWERIES TO PRODUCE BEER IN US
(Ap) |
Asahi Breweries Ltd., the third-largest beer producer in Japan, said it plans to build a brewery in
Maritime
NEW ENGLAND WAITS FOR PROPANE TANKER
Michael S. Lelyveld |
A battered Norwegian-flag propane tanker underwent final checks in open water Friday as the Coast Gu
OIL SPILL KEEPS HEAT ON US BILL
Bruce Vail |
Whatever new impetus is needed to get oil pollution and tanker safety legislation enacted in Congres
CANADIAN FOOD FIRM TO SHIP VIA NY
Bruce Vail |
A Canadian food conglomerate is changing the way it moves goods to Asian and Caribbean markets. It's
DOLLAR LIKELY TO STAY WEAK AFTER W. GERMAN SELL-OFF
Kevin Commins |
The dollar is likely to remain very weak following the surprise dollar-selling by the West German ce
STATE FARM FILES SECOND CALIF. SUIT
Jerry Goldberg |
State Farm Mutual Automoblile Insurance Co. has filed its second lawsuit against California Insuranc
US FINALLY SET TO LOSE TITLE OF BIGGEST NET BEEF IMPORTER
Kevin Pendley |
In 1990 the United States will not be the largest net importer of beef for the first time since 1965
ENERGY BRIEFS
From Wire and Staff Reports |
SAUDIS RAISE PRICE OF OIL TO JAPANSaudi Arabia informed Japan's oil companies Friday that it
GOLD CLOSES WEEK ABOVE $400 MARK
From Wire and Staff Reports |
Precious metal prices recovered most of their pre-New Year losses last week and by Friday the price
MONONGAHELA TO BE CLOSED TO CLEAR STUCK BARGE
Dave Higdon |
Towboat traffic on the Monongahela River will grind to a sudden stop Tuesday so workers can clear a
Rail News
UPS ESTABLISHES DIGITAL LINK WITH CANADIAN CUSTOMS SERVICE
Tony Seideman |
United Parcel Service Inc. has established an electronic data link to the Canadian Customs Service.<
FREIGHT RATE FUTURES
JOC Staff |
Jan. 5, 1990 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
JAPANESE POLITICS FORCES DELAY IN TALKS WITH US FEBRUARY ELECTION POSES CONFLICT
Keith M. Rockwell |
Japanese political considerations have led to the postponement of negotiations between Japan and the
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
JAPANESE HAVE 51 PERCENT OF SEMICONDUCTOR SALESJapan's share of world semiconductor sales re
Maritime
ASIAN SHIPPERS CALL FOR BOYCOTT OF CONFERENCE TARIFF CHANGES ANGER COUNCILS
Jacob Daniel |
Shippers councils in Singapore and Malaysia are urging a boycott of lines belonging to the Far Easte
Maritime
LICENSE-FREE COCOM ZONE WINS OFFICIALS' BACKING
William Armbruster |
The Bush administration wants to eliminate export licensing on almost all goods traded among most W
PAN AM PROTESTS TWA SALE OF ROUTE
(Ap). |
Pan Am Corp. has asked the Department of Transportation to block the sale ofTrans World Airl
Air Cargo
EASTERN, USAIR PLAN GATE SWITCH
Journal of Commerce Staff |
Eastern Air Lines and USAir have agreed to switch several gates here, pending approval of a bankrupt
Air Cargo
BRAZILIAN SHIP OBSTACLES DEFEAT ROAD RACER
James Bruce |
Brazilian technicians advising a new president-elect on transport reforms and a frustrated would-be
Maritime
COMMERCE PREDICTS MODEST GROWTH FOR TRUCKING REVENUE, TONNAGE
Leo Abruzzese |
Trucking companies should post modest gains in revenue and tonnage this year, but continued rate pre
Trucking News
AUSTRALIA PRESSES US ON SUGAR QUOTA SYSTEM
Knight-Ridder Financial |
The United States should not wait until it passes a new farm bill to bring its sugar import quota pr
US SAYS NORIEGA SOLD CHEMICALS TO DRUG LORDS
John Maggs |
The trial of deposed Panamanian dictator Gen. Manuel Noriega could be the first high-profile crimin
COLOMBIA CRITICIZES US FLOWER DUTY HIKE
From Wire Reports |
Colombia's top foreign trade official called a preliminary U.S. decision to nearly double the import
Maritime
AGENCY HEARS ARGUMENTS ON RAILROAD LABOR CASES APPEALS COURT ORDERS REVIEW
Howard S. Abramson |
The Interstate Commerce Commission heard sharply conflicting arguments from lawyers for the rail ind
Rail News
MAXUS OKS INCREASE IN EXPLORATION BUDGET
Journal of Commerce Staff |
Maxus Energy Corp.'s board approved an exploration and development program budget of $320 million fo
AMERICAN VENTURE IN PORTUGAL MAY RIVAL EURO DISNEYLAND
(Ap) |
Vasco da Gama and Ferdinand Magellan may seem unlikely rivals for Donald Duck and Mickey Mouse. But
Maritime
RISING COSTS, STAGNANT RATES PUT PRESSURE ON TRUCKERS
Ed Martin |
Trucking companies are caught in an economic vise. As rates have remained the same or dropped, costs
Trucking News
PORT AUTHORITY: TOLL HIKES NEEDED FOR IMPROVEMENTS
(Ap) |
The governors of New York and New Jersey said they were not informed of a Port Authorityproposal to
Trucking News
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