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Platts Containers Update
AUSTRALIAN FIRM AIMS TO REPLACE HOEGH SERVICE
Vincent W. Stove |
A new liner shipping service concentrating on the forest products trade will start operating in earl
Maritime
CANADA OATS POUR THROUGH DULUTH HEALTH ADDICTS FEED DEMAND
Bill Beck |
Canadian oats are surging through Duluth this navigation season, a result of skyrocketing demand fro
SPOT PRODUCT PRICES
JOC Staff |
Dec. 19, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f.o.b.,
COST OF CREDIT
JOC Staff |
Tue., Dec. 19, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
TAIWANESE TO BOOST MALAYSIAN ELECTRONICS
P.T. Bangsberg |
The electronics sector in Malaysia, already its hottest export-earner, is expecting a further boost
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CREWMEMBERS ABANDON SINKING IRANIAN TANKERLAS PALMAS, Canary Islands - An Iranian oil tanker
Maritime
XTRA FILES SUIT IN PROXY BATTLE WITH DISSIDENT
Michael S. Lelyveld |
Battle lines hardened in the trailer war over XTRA Corp. this week as the company filed suit against
Trucking News
IBM JOB CUTS FOCUS ATTENTION ON US COMPUTER INDUSTRY SLUMP
(Ap) |
The glamour is fading from the computer industry at the close of the 1980s, tarnishing one of the mo
Transport, Trade and Regulation News
US FIRMS AVOID CRITICIZING JAPAN
Keith M. Rockwell |
Despite the hard line many U.S. companies take privately against Japanese non-tariff barriers, they
Maritime
POLAND DEVALUES ITS CURRENCY
Knight-Ridder Financial |
Poland's central bank Monday devalued the zloty by 20 percent, taking itfrom 5,000 to 6,000
GOLD DIP PARED IN LATE ACTIVITY SILVER, PLATINUM FOLLOW SAME PATH
From Wire and Staff Reports |
Gold recovered from its lows in late trading Monday, but remained depressed over the day on heavy se
CHEMICAL BRIEFS
From Wire and Staff Reports |
MICROWAVABLE CONTAINER SALES SEEN TRIPLINGSales of polypropylene thermoformed containers cou
CORRECTION
JOC Staff |
The story headlined, "China Opens Ethylene Plant," which appeared on Page 7A of The Journal of Comme
SPOT PRODUCT PRICES
JOC Staff |
Dec. 18, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
AVIATION BRIEFS
From Wire and Staff Reports |
AIR INTER TO PURCHASE 15 AIRBUS A330 PLANESThe French airline Air Inter has signed a contrac
Air Cargo
NATION'S FIRST INDUSTRIAL AIRPORT OPENS IN FORT WORTH
From Wire Reports (Reuter) |
Alliance Airport, the first U.S. industrial airport, incorporating air, rail and highway connections
Air Cargo
MARKETS AND MONEY
Albert L. Kraus |
Is Nintendo the culprit? The big news on the trade front is that this nation's merchandise t
BRITAIN PLANNING TO RESTRUCTURE EXPORT INSURER
Edwin Unsworth |
Britain announced Monday it will press for multilateral agreement to eliminate export credit and aid
Maritime
NIGERIA CONSIDERS REFINERY STAKES
Knight-Ridder Financial |
Nigeria may buy equity shares in about 12 European and U.S. refineries, Rilwanu Lukman, the country'
FOREIGN OWNERS WANT SHIPPING KEPT OUT OF GATT NEGOTIATIONS
Edwin Unsworth |
Shipowners from Europe and Japan have urged their governments and the European Community Commission
Maritime
CAST WEIGHS MOVE FROM MONTREAL LINE CONSIDERS US, QUEBEC CITY
Leo Ryan |
Cast (1983) Ltd., one of the largest container shipping lines on the North Atlantic, is actively con
BRAZILIAN VOTERS WANT CONTROLS ON ECONOMY CUT
James Bruce |
Brazilian voters have endorsed a more open market economy and rejected still greater centralization
TRAFFIC BRIEFS
Wire and Staff Reports |
PRESTON WILL REPORT FOURTH QUARTER LOSSPreston Corp., one of the East's largest trucking com
Rail News
S&P REVIEWS FACTORS MODERATING CYCLICAL NATURE OF P/C INDUSTRY
A Staff Report |
Standard & Poors Insurance Rating Service expects the recent downturn in insurance prices and the s
TRANSPORT DRUG TEST PLAN STARTS THIS WEEK
Leo Abruzzese |
More than 4 million airline, maritime, trucking and railroad workers face a broad series of drug tes
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PANAMANIAN SEAMEN MAY RECEIVE COMPENSATION FOR CHANGE OF FLAG
Alan Abrams |
America's largest seagoing labor union said seamen on Panamanian-flag ships have the right to be ret
Maritime
LENDERS TO CHINA STILL WARY
Steve Glain |
Foreign lenders remain wary of extending credit to China despite signals that the United States and
Transport, Trade and Regulation News
POLAND SEEN MOVING IN RIGHT DIRECTION
William Armbruster |
The drastic reforms announced by Poland over the weekend were essential "to attract U.S. companies,"
Maritime
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
BOX VOLUME AT TACOMA NEARS SEATTLE'S PORT OF NY-NJ IS NEXT TARGET
John Davies |
Container volume at the Port of Tacoma this year is running only slightly behind that of Seattle and
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 18, 1989 Baltic International Freight Futures MarketPreClose High Low
Maritime
MALAYSIA OPTIMISTIC ON GROWTH OF RAILWAY FREIGHT REVENUE TOPS '88 TOTAL
P.T. Bangsberg |
Once the despair of its government masters, Malayan Railways is showing signs of continued strong gr
Rail News
CP, SOO LINE REACH ACCORD ON MERGER
Journal of Commerce Staff |
Canadian Pacific Ltd. and Soo Line Corp. have reached a definitive merger agreement for the Canadian
Rail News
INSURANCE BRIEFS
From Wire and Staff Reports |
WALL STREETER FINED FOR STOCK MANIPULATIONWall Street stock speculator Salim B. ("Sandy") Le
COMMODITY BRIEFS
From Wire and Staff Reports |
JAMAICA'S 1989 INCOME FROM BAUXITE INCREASESKINGSTON, Jamaica - Jamaica's income from bauxit
PEOPLE - INSURANCE
From Wire and Staff Reports |
KADAR LEAVES HIAA POSTAfter nine years with the Health Insurance Association of America, Gez
COFFEE CLOSES SHARPLY LOWER
Knight-Ridder Financial |
Coffee prices fell to sharply lower levels Monday, with the active March delivery on the Coffee, Sug
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago12/18 12/1
CORRECTION
JOC Staff |
TNT Ltd. has 75,000 employees working in 185 countries. The numbers were incorrectly stated in a sto
Air Cargo
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