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GROUP OF 7 PUSH TO DRIVE DOWN DOLLAR CRUMBLES TOKYO RATE HIKE IS SHRUGGED OFF
Gordon Platt |
Federal Reserve Board Chairman Alan Greenspan has torpedoed efforts to drive the dollar down, making
UNDER-BILLING OF EXPORTS HITS BRAZIL HARD
Journal of Commerce Special |
Brazil lost $18.5 billion to capital flight in the last 10 years from under- billed exports, accordi
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FRANCE POSTS DEFICIT IN PAYMENTS BALANCEFrance's balance of payments account posted a season
PRODUCERS VYING FOR LEAD SPOT IN THE ALTERNATIVE-FUEL RACE MARKET SHARE IS AT STAKE
(Ap) |
Amid the morning rush of commuters, the white Ford Taurus blended well with the hundreds of other ca
TRAFFIC BRIEFS
From Wire and Staff Reports |
NAVISTAR SETS RATINGS FOR DIESEL ENGINESNavistar International Transportation Corp. announce
Trucking News
APC EARNINGS ERODE AGAIN IN 3RD QUARTER
Mark Magnier |
American President Cos. saw its earnings erode again in the third quarter with net income of $8.1 mi
Rail News
PEOPLE - MARITIME
From Wire and Staff Reports |
ANDERS WILLIAMS SHIP AGENCY INC. (Norfolk, Va.) - Scott A. Schubart was named vice president of oper
Maritime
EC STRUGGLES WITH COASTAL SHIPPING PROTECTIONISM
Bruce Barnard |
The European Commission is getting tough with the powerful shipping lines whose giant containerships
Maritime
PRODUCTS MARKETPLACE LITHIUM CHEMICALS
JOC Staff |
Cyprus Foote Mineral Co. of Marvern, Pa., will increase prices Nov. 1 for lithium chemicals. The new
DALGETY BREAKS UP, SELLS OFF GILL & DUFFUS
Knight-Ridder Financial |
International food and agribusiness company Dalgety announced Wednesday that it had broken up and so
SEA-LAND MOVES TO INCREASE SHARE OF REFRIGERATED CARGO MARKET
Jon Jacobs |
Container shipping giant Sea-Land Service Inc. announced Wednesday a new program aimed at raising it
US ATTORNEY INVESTIGATES DOCKER FUNDS MANAGEMENT
Bruce Vail |
The U.S. attorney in Manhattan is investigating possible mismanagement of the pension and benefit fu
OIL EXPORTS DECLINE FROM UK'S SULLOM VOE
Knight-Ridder Financial |
Crude oil exports from Sullom Voe, the U.K.'s largest offshore terminal, fell 6.8 percent to around
CHEVRON SUES TO OVERTURN CALIF. BAN ON SHIPMENTS
(Ap) |
Chevron U.S.A. Inc. and 17 other oil companies filed suit to overturn a California Coastal Commissio
NY HOMEPORT PROCEEDS DESPITE OPPOSITION MAYORAL HOPEFUL VOWS ACTION
David F. White |
With pile drivers hammering away and construction workers crawling all over the brown terrain, the N
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
CHASE MANHATTAN LOSES $1.1 BILLION IN QUARTERChase Manhattan Corp. reported Wednesday that a
1992 - THE EUROPEAN COMMUNITY ROUNDUP
Journal of Commerce Staff |
Economic and finance ministers Monday agreed that value-added taxes in post- 1992 Europe would be co
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Oct. 10, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
AVIATION BRIEFS
From Wire and Staff Reports |
AIR FRANCE ORDERS MORE FREIGHTERSAir France is putting together one of the largest fleets of
Air Cargo
STEEL PRODUCTION INCREASES 2.8 PERCENT
(Ap) |
Domestic steel production totaled 1.84 million net tons during last week, up 2.8 percent from the pr
BETHLEHEM STEEL INSTALLING POLLUTION CONTROL SYSTEM
Journal of Commerce Staff |
Bethlehem Steel Corp. is installing a new pollution control process that recovers commodity-grade su
PRODUCTS MARKETPLACE
JOC Staff |
POLYESTER POLYOLS Ruco Polymer Corp. of Hicksville, N.Y., is increasing prices for hexanedio
DOMTAR INC. ACQUIRES US PANELING MAKER
Journal of Commerce Staff |
Domtar Inc. of Montreal acquired Conmel Inc., of Albany, Ore., a manufacturer of low-pressure melami
RYDER SALE OF INSURERS MAY HAVE LUKEWARM STOCKHOLDER BENEFITS
Knight-Ridder Newspapers |
Hours after Ryder System Inc. said it would sell five of its six insurance companies to Skandia Inte
INDIAN TEXTILES GET POOR REVIEW
Neel Patri |
Buyers of Indian textiles in the United States, Britain, Japan and other main markets have branded i
Maritime
COAST GUARD LIFTS RESTRICTIONS AT SOUTH CAROLINA'S PORTS
Craig Dunlap |
The harbors at Charleston and Georgetown, S.C., opened completely last week, casting aside one more
Maritime
UPS LISTS PLANS TO SERVE USSR, E. BLOC NATIONS
Leo Abruzzese |
United Parcel Service Inc. will offer express package delivery to the Soviet Union and three other E
Air Cargo
BALTIC FREIGHT INDEX
JOC Staff |
1476 (Oct. 10, 1989) Previous day - 1470 The Baltic International Freight Futures Market in
Maritime
END OF US OPPOSITION LEAVES GAP IN BRAZIL COMPUTER POLICY WASHINGTON HALTS PROBE
James Bruce |
Brazilian nationalists already are feeling the void left by the withdrawal of U.S. opposition to the
Maritime
JAPANESE FIRM BUYS STAKE IN OXYCHEM PHENOLICS UNIT
Journal of Commerce Staff |
Sumitomo Bakelite Co. of Japan has purchased a 50 percent share of Dallas- based Occidental Chemical
COMMODITY BRIEFS
From Wire and Staff Reports |
COCOA PRODUCERS TO DEBATE POSITIONACCRA, Ghana - This month's meeting in Lome, Togo, of the
SOY FUTURES CONTINUE TO SLIDE
From Wire Reports |
Soybean futures prices sank to 23-month lows Tuesday on the Chicago Board of Trade as a harvest-rela
TRADE FAIRS
Wire and Staff Reports |
NORTH AMERICA New York Fabric Show. Oct. 16-18. Jacob Javits Convention Center. New York. Co
Maritime
CHANNEL TUNNEL BOOSTS FORECAST ON BOX FREIGHT
Janet Porter |
Freight traffic forecasts for the Anglo/French Channel tunnel have been adjusted in response to the
Rail News
AUTO INSURERS' EARNINGS DISCUSSED
David Conn |
The nation's automobile insurance industry earned almost $23 billion after taxes between 1978 and 19
GROUP HITS US RESPONSE TO OIL SPILL
Journal of Commerce Staff |
A 275-page Center for Marine Conservation report describes the "bungled federal response" to the Mar
Maritime
UTILITY OUTLOOK
JOC Staff |
This week: NEW ENGLAND: Bangor Hydro-Electric Co., Bangor, MaineMID-ATLANTIC: Duguesne Light
DUKE BILLS DON'T REFLECT THE HUGO POWER OUTAGE
Ed Martin |
Customers of Duke Power Co. lit up the switchboards this week complaining that this month's electric
MARITIME BRIEFS
From Wire and Staff Reports |
TRANSAX/RATES BUYS TARIFF PUBLISHING FIRMFALLS CHURCH, Va. - Transax/RATES, a division of Th
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CAPITAL ACCOUNT GAP SHRINKS IN W. GERMANYFRANKFURT, West Germany - West Germany posted a cap
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