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BALTIC FREIGHT INDEX
JOC Staff |
1484 (June 2, 1989) Previous day - 1587 The Baltic International Freight Futures Market in L
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Taiwan and the Pacific Rim Boom. June 14. Roanoke, Va. The International Trad
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
NY MAN GETS SENTENCE FOR S. AFRICAN TRADINGA New York State man became the first American to
Maritime
AMTRAK NOT EXACTLY FLUSH WITH SUCCESS
Neil Santaniello |
Flushing the contents of passenger-car commodes onto the tracks is a time- honored tradition in the
Rail News
PHONE HIRING SYSTEM TO REPLACE NY DOCK RITUAL
Bruce Vail |
A 36-year-old ritual of the New York waterfront passes into history today as a system for hiring ca
CHEMICAL BRIEFS
From Wire and Staff Reports |
ETHYL'S BELGIAN UNIT PLANS NEW FACILITYRICHMOND, Va. - Ethyl Corp. said that its Belgian sub
AUSTRALIA HOLDS EDGE OVER US IN JAPANESE MARKET, STUDY SAYS
Tim Sansbury |
U.S. coal exporters face significant disadvantages competing against Australians in the Japanese and
IMAGING TECHNOLOGY BENEFITS CANADA'S DICOM
PATRICIA McCORMICK |
The Dicom Group of Montreal likes to be known as the Federal Express of Canada. It offers guaranteed
INTEL READY TO OFFER SOME NEW COMPUTERS
From Wire Reports |
Semiconductor giant Intel Corp. is expected to introduce several new computers today, including one
TRUCK EARNINGS ROSE DURING FIRST QUARTER
Leo Abruzzese |
First quarter earnings rose modestly for several leading truck lines despite some slowing of tonnage
Trucking News
TERMINAL CONSIDERED FOR RI SITE
Journal of Commerce Special |
Van Ommeron Port Terminals U.S.A., the U.S. subsidiary of Van Ommeron Ceteco of the Netherlands, is
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
S. KOREA TO EXPLORE FOR METALS OFF HAWAIISEOUL, South Korea - South Korea will spend about $
CURRENT ACCOUNT SURPLUS RISES SLIGHTLY IN JAPAN
A.E. Cullison |
Japan's current account surplus rose slightly in April to just under $6.5 billion from $6.3 billion
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JAPAN'S BANKS BEGIN PUSH INTO BROKERAGE
Knight-Ridder Financial |
Securities houses in Japan will be threatened by new competition this week as banks begin their adva
CANADIAN PACIFIC SELLS SIX BULKERS
Leo Ryan |
Canadian Pacific Ltd. has sold six of its remaining eight bulk vessels and relevant service companie
Maritime
NEW CONFERENCES MEET SKEPTICISM
Janet Porter |
Shippers on both sides of the Atlantic are skeptical about the plan by shipping lines to create two
Maritime
TVA AWARDS PACTS FOR SPOT COAL
Journal of Commerce Staff |
The Tennessee Valley Authority said it bought 25,000 tons of coal in its latest round of weekly spot
SPOT PRODUCT PRICES
JOC Staff |
June 2, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
NUCLEAR ATTACK SUB COMMISSIONED IN VA.
(Ap) |
A nuclear-powered attack submarine was commissioned into service this past weekend in Norfolk, Va.,
Maritime
UNO AND NEW CABINET FACE A DAUNTING TASK IN JAPAN
A.E. Cullison |
Prime Minister Sousuke Uno, 66, who assumed office at the weekend as Japan's 47th premier, immediate
Maritime
US URGED TO REVOKE URUGUAY'S DUTY-FREE STATUS
Journal of Commerce Staff |
A New York businessman has asked the Bush administration to end the U.S. government's duty-free trea
Maritime
PLAN OUTLINED FOR HIKE IN GOVERNMENT SALARIES
(Ap) |
Sen. Christopher J. Dodd, one of the few lawmakers to back the controversial and ill-fated pay raise
BUSINESS ACTIVITY PEAKS IN NEW YORK STATE
(Ap) |
New York state's economy reached an all-time high in March, with business activity increasing steadi
STATE REGULATORS MEET TO CONSIDER MODEL LEGISLATION
Laura Raley Borda |
State insurance regulators are meeting this week in Cincinnati to consider nationwide standards on M
PEOPLE - INSURANCE
JOC Staff |
MARSH & MCLENNAN COS. INC. (New York) - Barbara Perlmutter was named vice president, public affairs.
PEOPLE - TRANSPORT
From Wire and Staff Reports |
EMERY WORLDWIDE (Palo Alto, Calif.) - This unit of Consolidated Freightways Inc. named five area vic
Trucking News
JOFC PRICE INDEX FELL SHARPLY FRIDAY TO 103.4
Howard Simon |
The Journal of Commerce Industrial Price Index fell sharply Friday to its lowest level this spring.<
NO PRECIPITOUS ACTION EXPECTED ON DROUGHT RELIEF
From Wire Reports |
Congress won't be rushing into drought relief legislation this session the way it did last year, sai
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PRODUCTS MARKETPLACE
A Staff Report |
CAUSTIC SODA, DRY Occidental Chemical Corp., Dallas, increased its off-schedule prices on al
FREIGHT RATE FUTURES
JOC Staff |
June 2, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
SHELL'S BRENT OIL FLOW NEARLY BACK TO NORMALCrude oil flowing through the North Sea Brent sy
INDUSTRY WELCOMES AGING AIRLINER RULE
(Ap) |
The airline industry and Boeing Co. are welcoming government orders that will alter the way airlines
Air Cargo
PEOPLE - MARITIME
From Wire and Staff Reports |
GULF & ATLANTIC MARITIME SERVICES INC. (Iselin, N.J.) - Allan W. Graupner was appointed sales manage
Maritime
DOLLAR, INTEREST RATES DECLINE ON NEWS OF SLOW JOB GROWTH
John Boyd |
The dollar and market interest rates both fell after the government reported that growth of new non-
NEWS SUMMARY
JOC Staff |
* John Boyd - Economic Beat 3A * JofC Industrial Price Index 8A* Kevin Commins - Currency Fo
RAILWAY LABOR GROUP MAKES ITS OWN BID FOR THE CNW
Howard S. Abramson |
The association representing most of the railroad industry's labor unions has made a tender offer to
Rail News
UK COURT MAY RULE ON STRIKE THIS WEEK
Journal of Commerce Staff |
A London appeal court is expected to give its decision early this week on a bid by several U.K. port
Maritime
NINE SHIPOWNERS BID FOR FOOD RELIEF CARGO
Marie Prat |
Nine vessel owners made offers Friday in the first U.S. government public bid opening on freight rat
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