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Commentary
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Platts Containers Update
MASS. CUTS TOLL HIKES FOR TRUCKS TO 50 PERCENT
Michael S. Lelyveld |
Angry truckers won a slight reduction in scheduled toll increases of up to 67 percent on the Massach
Trucking News
SEATTLE DEFERS BOX BAN ACTION
John Davies |
Worried that container lines might wrongly conclude that Seattle doesn't want their business, the Se
Maritime
STUDY URGES FIRMS NOT TO BE INTIMIDATED BY EDI TECHNOLOGY
Tony Seideman |
Companies scared away from electronic data interchange by its thicket of standards and acronyms risk
SWILYNN SAYS EARNINGS JUMPED 340 PERCENT IN YEAR
P.T. Bangsberg |
Swilynn International (Holdings) Ltd., a locally headquartered but multinational maker of video cass
Maritime
GRAIN COMPANIES FACE SHORTAGE OF RAILCARS
Knight-Ridder Newspapers |
One of the biggest agricultural problems of the next decade will be a shortage of railcars for hauli
Rail News
SEA SUMMIT A WINDFALL FOR PORT IN MALTA
Janet Porter |
The newly modernized Port of Marsaxlokk has secured a mouthwatering publicity coup. Soviet President
Maritime
HAZELWOOD LAWYERS SAY RIGHTS WERE VIOLATED IN BLOOD-TAKING
From Wire Reports |
Lawyers for Exxon Valdez skipper Joseph Hazelwood have asked the courts to dismiss criminal charges
Maritime
CUSTOMS UPDATE
JOC Staff |
GSP STATUS FOR HUNGARY. Pursuant to presidential proclamation 6060, dated Nov. 1, 1989, published in
Maritime
LONG BEACH TO EXPAND HANJIN BOX TERMINAL
Bill Mongelluzzo |
A 55-acre container terminal to be built for Hanjin Shipping Co. at the Port of Long Beach now looks
Maritime
SHIPPERS FAIL TO WIN DELAY ON NEW FEES
Edwin Unsworth |
The Far Eastern Freight Conference of 30 lines serving the Europe-Asia trade has turned down a reque
Maritime
CROWLEY DEAL WITH BLUE & GOLD REPORTEDLY FALLS THROUGH
Mark Magnier |
A previously announced deal under which the Blue & Gold Co. would pay Crowley Maritime Corp. an esti
Maritime
DOLLAR TAKES LOW ROAD AS MARK RIDES HIGH
Knight-Ridder Financial |
The U.S. dollar declined Thursday as traders began buying deutsche marks again. Dealers cite
HEWLETT-PACKARD ENTERS INTEGRATED SOFTWARE MART
Lee Gomes |
Hewlett-Packard Co. has unveiled a software package that allows people using different programs on d
CAR BLAST KILLS BANKER
From Wire Reports |
Alfred Herrhausen, head of West Germany's largest bank and a prominent symbol of the country's capit
LA PORT GAINS ON NY IN CONTAINER VOLUME
Bill Mongelluzzo |
The Port of Los Angeles in October became only the second U.S. port to handle 2 million 20-foot cont
FINANCIAL OVERHAUL URGED IN CARIBBEAN POLICIES SEEN HARMING AREA
Rosalind Rachid |
International finance experts this week shoved aside trade and aid packages such as the United State
US COULD FACE NEW FRUIT WAR WITH S. KOREA
Robin Bulman |
A new fruit war is looming between the United States and South Korea. U.S. action over South
BALTIMORE DOCK LABOR SITUATION DETERIORATES
WILLIAM DiBENEDETTO |
The Port of Baltimore is on hold. Its worst-ever labor crisis, which could explode into a po
AMERICAN CIGARETTE USE PLUMMETS
From Wire Reports |
Americans will smoke fewer cigarettes this year than in any year since 1942, according to a projecti
FALCON GETS GAO, CONGRESS' ATTENTION
Journal of Commerce Staff |
Both Congress and its investigating agency, the General Accounting Office, have taken an interest in
Maritime
CALIFORNIA AUTOMOBILE INSURER TO CUT RATES
Knight-Ridder Newspapers |
Policyholders of the state's third-largest auto insurer can look forward next year to something Prop
NEW OPEC QUOTAS MAY OVERWHELM WORLD OIL DEMAND
Chicago Tribune |
The Organization of Petroleum Exporting Countries' new higher production quota probably will overwhe
COURT'S RULING OPENS INSURANCE TO SOME BANKS
David Conn |
A federal court Wednesday affirmed the right of bank holding companies to own banks that engage in n
CANADIAN COMPANIES POOL BULKER FLEETS
Leo Ryan |
Two Canadian shipping companies on the Great Lakes are pooling their bulker fleets under long-term c
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Nov. 29, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
FARMERS URGED: REDUCE USE OF PESTICIDES
Knight-Ridder Financial |
Farmers will have to plan more carefully in the 1990s to produce crops that use less pesticides, a U
SAUDI MINISTER FORECASTS 1ST-HALF OPEC OUTPUT
Simon Hall |
Saudi Arabian Oil Minister Hisham Nazer Wednesday predicted that the Organization of Petroleum Expor
W. GERMANS BUY GASOIL ON OPEN MARKET
Knight-Ridder Financial |
Depleted inventories and rising demand have forced West German refineries to buy distillate fuel oil
ENERGY BRIEFS
From Wire and Staff Reports |
NY AGENCY APPROVES DECOMMISSIONING DEALNew York Power Authority trustees approved an agreeme
DISTILLATE FUEL OIL INVENTORIES INCREASE SLIGHTLY, API SAYS
Journal of Commerce Staff |
Primary inventories of distillate fuel oil increased slightly during the week of Nov. 24, counter to
GAINESVILLE UTILITIES IN FLA. MAY BUY FOREIGN STEAM COAL
Tim Sansbury |
Gainesville Regional Utilities is considering buying from foreign producers up to 500,000 tons of st
ISRAMCO FINDS GAS OFF ISRAELI COAST
Journal of Commerce Staff |
Isramco Inc. said it had encountered natural gas shows in an exploratory well it is drilling off the
EMERY WORKERS SETTLE DISPUTE IN NY AREA
Ira Breskin |
Emery Worldwide faces a unified front at the bargaining table following the settlement of a jurisdic
Air Cargo
BUREAUCRACY OBFUSCATES FALCON TANKERS' FATE
WILLIAM DiBENEDETTO |
First, the government spent $72 million to help build two ships, the Falcon Leader and the Falcon Ch
MASSPORT DIRECTOR VOWS NEW FEE PLAN FOR LOGAN
Michael S. Lelyveld |
Massachusetts Port Authority executive director David W. Davis said Tuesday he will pursue a new pla
Air Cargo
FREEPORT-MCMORAN REVAMPS OPERATIONS
Knight-Ridder Financial |
Freeport-McMoRan Inc. will sell assets valued between $1.2 billion-$1.5 billion to develop discoveri
SUGAR TAKES LATE DIVE ON NY MARTS
Knight-Ridder Financial |
Sugar futures closed sharply lower after a late dive that steepened the March contract's midday loss
COMMODITY BRIEFS
From Wire and Staff Reports |
GOLD, SILVER, PLATINUM FALL ON NY EXCHANGESPrecious metals futures dipped in late dealings,
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year11/29 11/28 Ch
PAY HIKES SOUGHT AT SEATTLE, TACOMA COMMISSIONERS DRAFT PROPOSAL
John Davies |
Port commissioners at Seattle and Tacoma met Wednesday to hammer out a joint resolution asking the W
Maritime
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