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Platts Containers Update
AGENCY PRESSES CONSOLIDATORS ABOUT REBATING
Mark Magnier |
The Federal Maritime Commission continued its probe into alleged illegal rate discounts in the trans
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
SEPTEMBER COFFEE RECOVERS SOME GOUNDSeptember coffee futures fell to a new contract low of
GEORGIA TAKES ACTION AGAINST TWO INSURERS FOR ILLEGAL ACTIVITIES
Craig Dunlap |
Georgia Insurance Commissioner Warren D. Evans banned one company from operating in the state and fi
GLOBAL STRATEGY CAN HURT COMPANY'S STOCK
Gordon Platt |
As American companies move into foreign markets, they can fall out of favor with American securities
INSURANCE BRIEFS
From Wire and Staff Reports |
STATE FARM BUYS STOCK IN TECHNOLOGY FIRMPALO ALTO, Calif. - Southwall Technologies Inc. Wedn
ECONOMIC OUTLOOK GRIM FOR BRAZIL, ARGENTINA
Paula L. Green |
Brazil and Argentina are facing a precarious future as the odd men out in a rapidly changing world e
Maritime
ECONOMY SLOWS BUT RECESSION DISCOUNTED
Leo Abruzzese |
U.S. economic growth slipped to a three-year low in the second quarter, the government announced Thu
US ACCUSES CANADIANS OF DUMPING STEEL RAILS
JOC Staff |
Canadian steel firms are dumping new steel rails in the U.S. market, the Commerce Department has rul
US DOLLAR SHOWS GAINS, EXCEPT AGAINST THE YEN
Knight-Ridder Financial |
The U.S. dollar rose, except against the yen, in quiet trading Thursday. The upward move cam
FORD, GM REPORT DROP IN EARNINGS IN QUARTER
(Ap) |
The nation's two largest automakers reported lower second-quarter earnings, with Ford Motor Co. prof
ECONOMIC DATA ABROAD
From Wire Reports |
SOVIETS FEAR EMERGENCE OF INFLATIONARY SPIRALSoviet economic growth is falling well behind p
Maritime
CORRECTION
JOC Staff |
The New Orleans Steamship Association is not relocating its offices, contrary to what was stated in
Maritime
JAPANESE DOWNGRADE CREDIT RATING FOR CHINA
From Wire Reports |
An influential private Japanese research group has downgraded China's national credit rating because
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TAIWAN BUSINESSES HAVE GOTTEN OVER THEIR 'CHINA FEVER'
William Armbruster |
Taiwan's businessmen have lost the "China fever" that gripped them over the past two years, but they
Maritime
STEEL IMPORT GROUP LAUDS BUSH DECISION TO END QUOTAS
Journal of Commerce Staff |
An organization of steel importers welcomed President Bush's decision to terminate voluntary restrai
Maritime
US EXPORTERS HOLDING LINE ON PRICES
Richard Lawrence |
U.S. exporters are trying to keep their prices competitive despite a strongerdollar, a Labor
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
NISSAN LABOR REJECTS UNITED AUTO WORKERSSMYRNA, Tenn. - Production workers at Nissan Motor C
Maritime
UNEMPLOYMENT CLAIMS RISE 19,000 IN WEEK
(Ap) |
New claims for state unemployment insurance benefits were made by 354,000 people during the week end
MALAYSIAN ELECTRONICS UNDERGOING CHANGES EMPHASIS SHIFTS TO END-PRODUCTS
P.T. Bangsberg |
The flourishing electronics industry in Malaysia is undergoing a desirable structural change, an off
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
COST OF CREDIT
JOC Staff |
Thu., July 27, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
INVESTORS RETURN ING TO WALL STREET
Glenn Burkins |
A curious thing is happening at the brokerage firm of Butcher & Singer Inc. Clients are asking about
CANADA'S OLYMPIA HAS BIG LAND APPETITE
From Wire Reports |
Canada's Olympia & York Developments Ltd., the leading bidder for the Sears Tower in Chicago, is alr
Maritime
MEXICAN SAYS RATES WILL FALL FURTHER
Knight-Ridder Financial |
The debt reduction accord recently signed by Mexico and its creditor banks will restore confidence i
MIAMI HERALD'S CAPEN NAMED KNIGHT-RIDDER VICE CHAIRMAN
From Wire Reports |
Richard G. Capen Jr. was named vice chairman of Knight-Ridder Inc., effective Sept. 1, the company a
NEWS SUMMARY
JOC Staff |
* Customs Update 5A * Greg Johnson - Managing Traffic 2B* Ports Welcome Phaseout of Steel Im
CORRECTION
JOC Staff |
Lawrence P.J. Bonaguidi is not the attorney for the Metropolitan Marine Maintenance Contractors Asso
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
US, PANAMA HEAD FOR SHOWDOWN OVER NAMING CANAL ADMINISTRATOR
Marie Prat |
The United States and Panama appear to be on a collision course over the appointment of a Panamian
US BANK'S SUIT POSES DILEMMA FOR PHILIPPINES
P.T. Bangsberg |
A U.S. bank is taking legal action to recover funds guaranteed by a bank in the Philippines in a dis
OVERLOADED COMPUTERS SNARL CUSTOMS SYSTEMS
Tony Seideman |
Overloaded computers are crippling the U.S. Customs Service's automated systems, delaying processing
JAPANESE FEAR PUSH FOR IMPORTS IS AT AN END
A.E. Cullison |
The overwhelming victory by the Japan Socialist Party in the July 23 upper house elections could pre
BILL RESTRICTING DRILLING OFF COAST PASSES SENATE
From Wire Reports |
The Senate Wednesday passed an Interior Department appropriations bill that severely restricts oil d
BIDNET
JOC Staff |
HOW TO USE: The following government bid opportunities are among the hundreds of such opportunities
Maritime
CARGO TRAFFIC CONTINUES TO GROW AT SEATTLE-TACOMA
Theresa Morrow |
Passengers and airports go together like fish and water. But racehorses andairports? Porsche
Air Cargo
CONSUMERS POWER HITS NEW PEAK FOR JULY
Journal of Commerce Staff |
Consumers Power Co. Wednesday set a new all-time hourly peak electric demand record for July of 5,72
PARKING CAP AT LOGAN BACKED
Journal of Commerce Staff |
The Massachusetts Port Authority said it supports a new state environmental plan to limit parking at
Air Cargo
ENERGY BRIEFS
Wire and Staff Reports |
PJM POWER GRID CALLS ON OUTSIDE SUPPLIESThe power grid serving 11 utilities in the Mid-Atlan
EARNINGS
Wire and Staff Reports |
EARNINGS RISE 85 PERCENT AT DELTA AIR LINESDelta Air Lines earned $190.8 million, or $3.87 a
Air Cargo
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