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Platts Containers Update
DOLLAR TURNS HIGHER AS FED DRAINS RESERVES
Knight-Ridder Financial |
The U.S. dollar was mostly higher Thursday, turning up after the Federal Reserve drained reserves.
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FOREIGN INVESTMENT IN TAIWAN SOARS 110 PERCENTTAIPEI, Taiwan - Taiwan approved foreign inves
QUESTIONS NAG US FOOD AID PROGRAM
Rose A. Horowitz |
Despite some reforms, questions persist about possible fraud and abuse in the system for transportin
CATHAY PACIFIC WILL PURCHASE BOEING 747-400S
Journal of Commerce Staff |
Cathay Pacific Airways is buying two Boeing 747-400 freighters. The airline also secured opt
Air Cargo
JAPANESE BOOST IMPORTS OF US STEEL PRODUCTS
From Wire Reports |
Japan's steel imports from the United States showed an almost tenfold rise to 302,628 metric tons in
Maritime
NEW ANTWERP TERMINAL EXPECTED TO DOUBLE CONTAINER TRAFFIC
David F. White |
The Port of Antwerp is completing work on a massive container terminal that is expected to double co
Maritime
SOVIET WORKERS TRY OUT A NEW IDEA: PRIVATE BUSINESS
Anne Brataas |
Dimitri Shveledze is that new breed of Soviet worker, the private businessman. Under Preside
2 SHIP LINES JOIN RANKS OF SUBSIDY REFORM DRIVE
MARIE PRAT and ALLEN R. WASTLER |
Two American ship lines have joined an American shipowner group in lobbying for new government outla
TRAFFIC BRIEFS
Wire and Staff Reports |
CSX CORP. COMPLETES REPURCHASE PROGRAMRICHMOND, Va. - CSX Corp. has completed the share repu
Rail News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Nov. 4, total piggyback freight hauled on the nation's major railroads equaled 12
Rail News
BROOKLYN STEVEDORE WILL HIRE UP TO 40 UNION DOCKWORKERS
Bruce Vail |
Some of Brooklyn's unemployed dockworkers will go back on the job Dec. 1 when American Stevedoring L
Maritime
COAL BRIEFS
Wire and Staff Reports |
PITTSTON, UNION TEAMS MEET FACE-TO-FACEBargaining teams representing striking mine workers a
SPILL PREVENTION PLAN PROPOSED FOR TANKERS PRECAUTIONARY DEVICES WOULD BE ABOARD VESSELS
Jon Jacobs |
A leading organization that classifies ocean ships, responding to the public clamor over oil spills,
ECONOMIC DATA ABROAD
Wire and Staff Reports |
EC WAGE-PRICE SPIRAL BELIEVED TO BE UNLIKELYU.K. pay settlements are still rising, but analy
SURVEY FINDS TRUCKS POPULAR WITH SHIPPERS
Allen R. Wastler |
A new survey released Wednesday found that shippers rate trucks better in price and service than the
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
Nov. 8, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
WILL BABY BOOMERS BE TOO POOR TO RETIRE AT 65?
Jerry Goldberg |
Most members of the "baby boom generation" will not have enough money to retire at age 65, according
ENERGY BRIEFS
From Wire and Staff Reports |
DEEPEST OIL PLATFORM IN WORLD STARTS UPConoco Inc., the Houston-based subsidiary of E.I. du
COASTAL PORTS LIKELY TO BENEFIT FROM RIVER WOES
Kevin Commins |
Some grain exporters are beginning to divert cargoes to coastal ports as a result of navigation rest
BONN STILL FIRM ON UK BEEF BAN
Knight-Ridder Financial |
No progress was made during U.K.-West German talks here Wednesday aimed at resolving a dispute over
COCOA FUTURES RALLY MAY BE SHORT-LIVED
Gordon Platt |
Cocoa futures rallied on unexpected trade buying Wednesday, but analysts said they don't expect the
DETROIT AUTOMAKERS WARN BOEING ON DEAL WITH JAPAN PACT TO ALLOW STAKE IN JETLINER
John Davies |
Joel Pitcoff, research chief at Ford Motor Co., is convinced he knows what would havehappened to the
Maritime
NEWS SUMMARY
JOC Staff |
* Trading With West Germany 4A * Tom Connors - Washington 8A* Bart R. Boaden - End Farm Subs
GLOBAL AUTO PRODUCERS HAVE DESIGNS ON S. CALIF. MERCEDES-BENZ NEWEST ENTRANT
Rose A. Horowitz |
It took Americans with a dream to persuade their Japanese employer to go ahead with production of wh
AIRPORT RUSHES TO FIX QUAKE DAMAGE OAKLAND CREWS ON OVERTIME
Mark Magnier |
With the holiday rush nearing, Oakland International Airport and its air cargo tenants are scramblin
MARTEN TRANSPORT CITES A THIRD-QUARTER LOSS
Journal of Commerce Staff |
Marten Transport Ltd. reported a third-quarter loss of $66,500 on revenue of $18.9 million.
Trucking News
US SEEKS SOVIET IDEAS
Pei-Tse Wu |
To the delight of some U.S. businessmen, promising scientific research and technology is becoming av
MALAYSIA NARROWS TRADE SURPLUS
(Ap) |
Malaysia's trade surplus for the first eight months of this year narrowed by one-third to M$5.43 bil
W. GERMANS DEMAND QUALITY
Charles Thurston |
U.S. trade with West Germany is a quality affair. As the dollar slips against the deutsche mark and
Maritime
JON JACOB'S INSIDE TALK ON SHIPPING
Jon Jacobs |
A U.S.-BASED SHIPOWNER is looking to the Soviet Union as an alternative source for shipboard officer
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
MTL SHAREHOLDERS OK BUY-OUT BY INTREPIDSECAUCUS, N.J. - Marine Transport Lines Inc. sharehol
Maritime
TAIWAN TO GIVE US EXPORTERS A MARKET LIST
P.T. Bangsberg |
The government in Taiwan, which runs a large trade surplus with the United States, is acting to prov
COAL BRIEFS
From Wire and Staff Reports |
EXPORT DROP COULD HIT AILING POLISH ECONOMYWARSAW, Poland - Poland's Solidarity-led governme
DISTILLATE INVENTORIES INCREASE WHILE GASOLINE STOCKS DECLINE
Journal of Commerce Staff |
Distillate supplies increased while gasoline inventories declined, the American Petroleum Institute'
COMMODITY BRIEFS
From Wire and Staff Reports |
NYMEX CUTS MARGIN ON PALLADIUM FUTURESNEW YORK - The New York Mercantile Exchange said the o
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
VENEZUELAN REFORMS ENCOUNTER HEAD WINDS
John Sweeney |
Venezuela is well into a painful process of restructuring its economy and dismantling 50 years of pr
SHIP SERVICES PROVE STICKY ISSUE IN GATT TALKS, TRADE OFFICIAL SAYS
Marie Prat |
A U.S. trade official said Wednesday that maritime services are among the toughest issues for negoti
Maritime
US OFFICIAL ADMITS FOOD AID PROGRAM BESET BY PROBLEMS
Reed Karaim |
A senior official in the U.S. Food for Peace program told a Senate panel Tuesday that serious proble
COST OF CREDIT
JOC Staff |
Wed., Nov. 8, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
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