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Platts Containers Update
SEAWAY TOLLS INCREASING 9 PERCENT
WILLIAM DiBENEDETTO |
U.S. and Canadian St. Lawrence Seaway officials have agreed to increasecommodit y tolls and vessel c
Maritime
RICHARD MALKIN'S AIR CARGO FOCUS
Richard Malkin |
(Fifth in a special series of columns devoted to an overview of the air freight forwarding industry
Air Cargo
MARITIME BRIEFS
From Wire and Staff Reports |
SUITORS EXTEND OFFER FOR SEA CONTAINERSA cash tender offer for stock in Bermuda-headquartere
Maritime
GREAT LAKES PORTS CONSIDER NEW WAYS OF DOING BUSINESS CARGO SITUATION WORRIES LEADERS
Anita Schrodt |
Great Lakes port leaders are beginning to talk about changing their marketing and operating stripes
Maritime
IMF, WORLD BANK OFFICIALS SAY DEBT RELIEF OUTLOOK IS IMPROVING
Richard Lawrence |
Third World debt relief prospects are improving, officials at the annual International Monetary Fund
FREIGHT RATE FUTURES
JOC Staff |
Sept. 26, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
CORRECTION
JOC Staff |
The nation in which pilots are currently striking is Australia. The country was misidentified in the
Air Cargo
BALTIC FREIGHT INDEX
JOC Staff |
1420 (Sept. 26, 1989) Previous day - 1424 The Baltic International Freight Futures Market in
Maritime
BULK INDUSTRY LEADERS OPTIMISTIC ABOUT GROWTH
Janet Plume |
Bulk cargo shipping should continue to improve in the next decade as tradebarriers decline,
Trucking News
ARGENTINE CARGO CARRIER APPLIES FOR US RIGHTS
Leo Abruzzese |
A new Argentine all-cargo airline is asking U.S. officials for permission to fly freight between the
Air Cargo
TRAFFIC BRIEFS
From Wire and Staff Reports |
RAIL COST ADJUSTMENT FACTOR SET BY ICCThe Interstate Commerce Commission has set the new rai
Rail News
GORDON PLATT'S CREDIT OUTLOOK
Gordan Platt |
A FRACTION OF A PERCENTAGE POINT is the only difference in yields from three- month bills to 30-year
CSL ADDS 100 SPINE CARS TO FLEET
Journal of Commerce Staff |
CSL Intermodal, a unit of CSX Corp., is adding 100 spine cars, capable of carrying intermodal traile
Rail News
FEDEX TO EXPAND IN ASIA, EUROPE
Journal of Commerce Staff |
Federal Express Corp. plans to expand its International Distribution Services to outbound shipments
Air Cargo
DOT ASKS UNITED FOR OPERATING DATA
Journal of Commerce Staff |
The Department of Transportation asked United Air Lines Inc. Monday to submit detailed financial dat
Air Cargo
BUSH PREPARES TO ANNOUNCE COLOMBIA TRADE CONCESSIONS
(Ap) |
President Bush is preparing to announce a package of trade concessions to aid Colombia's economy whi
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
NO DRUGS DETECTED IN USAIR 5050 PILOTSLaboratory analysis of the urine specimens taken from
Air Cargo
HEAVY BANK SELLING PUSHES DOLLAR LOWER
Knight-Ridder Financial |
The U.S. dollar declined broadly Tuesday after two rounds of global coordinated intervention by the
MEXICO GETS BRIDGE LOAN UNTIL ACCORD IS FINALIZED
From Wire Reports |
Mexico received a $2 billion bridge loan from the U.S. and Western central banks to tide the country
INTERNATIONAL TRADE SEEN GOVERNED BY UNCERTAINTY
John Boyd |
"Mounting and pervasive uncertainty" grips the world trading system, a Canadian official warned a ga
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
WORLD BANK GRANTS FOUR LOANS TO MEXICOMexico and the World Bank have signed agreements grant
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
PAYMENTS DEFICIT NARROWS IN BRITAINBritain's seasonally adjusted current account deficit nar
DURABLE GOODS ORDERS JUMPED 3.8 PERCENT IN AUGUST
(Ap) |
Orders for "big ticket" durable goods, boosted by robust automobile sales, rebounded a strong 3.8 pe
COST OF CREDIT
JOC Staff |
Tue., Sept. 26, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Credit Outlook 3A * EC1992 Regulatory Roundup 5A* Richard Lawrence - Trade
PAY RISE AT BRAZILIAN BANK FUELS FEARS OF INFLATION
(Ap) |
A 152 percent pay award at one of Brazil's biggest state employers, the Banco do Brasil, has angered
UK TRADE ACCOUNT REMAINS IN THE RED
Janet Porter |
Britain's international trade account remained heavily in the red last month, reviving fears that th
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
JOHNSON SEES NO BIG DAMAGE TO BRADY PLAN FROM WRITE-OFFS
Knight-Ridder Financial |
Federal Reserve Vice Chairman Manuel Johnson said Tuesday that despite heavy write-offs by large U.S
LOWER RATES HOLD DOWN EARNINGS IN TRUCKING
Leo Abruzzese |
Soft economic growth is persuading nervous truck lines to lower freight rates, a trend that is cutti
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MARITIME BRIEFS
From Wire and Staff Reports |
MERIT NAMES PRESIDENT, MOVES OFFICE TO SEATTLEMerit Steamship Agency Inc. named a new presid
Maritime
EDI EXCHANGE
Tony Seideman |
YOU SENT HOW MANY PEOPLE? That was what many attendees at last week's Petroleum Industry Dat
FREIGHT RATE FUTURES
JOC Staff |
Sept. 25, 1989 Baltic International Freight Futures MarketPreClose High Low
Maritime
TRUCK-AIR LINK MOVES HURRICANE RELIEF AID
Dave Higdon |
A round-the-clock emergency transportation effort has delivered 5,000 beds to San Juan for people wh
Air Cargo
FEDEX, EVERGREEN, UPS WIN ALL-CARGO SERVICE TO MEXICO
Leo Abruzzese |
Federal transportation officials selected United Parcel Service Inc., Federal Express Corp. and Ever
Air Cargo
AUTOMAKERS, OIL MAJORS LOOK AT FUEL DEVELOPMENT
(Ap) |
The Big Three automakers and major oil companies say they have held meetings on development of fuels
SPOT PRODUCT PRICES
JOC Staff |
Sept. 25, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
SOVIET COAL PRODUCTION EXPECTED TO FALL SHORT MINERS' STRIKES ARE BLAMED
Albert Axebank |
Despite optimism expressed by top coal officials, a big shortfall in Soviet coal production is predi
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