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COMMODITY BRIEFS
Wire and Staff Reports |
SOVIETS MAY PURCHASE MORE US GRAINS IN '89The U.S. share of Soviet Union grain imports in 19
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year5/19 5/18 Ch
CASTLE & COOKE TO SPLIT COMPANY
From Wire Reports |
Castle & Cooke Inc., the Hawaiian group that markets Dole pineapple products, will split the $2 bill
UK DOCKERS VOTE TO STRIKE, BUT NO DATE ANNOUNCED
Knight-Ridder Financial |
U.K. dockworkers have voted overwhelmingly for a national strike, the Transport and General Workers
Maritime
LARRY KAUFMAN'S INSIDE TALK ON RAILROADS
Larry Kaufman |
ANOTHER SIGN OF THE CHANGING TIMES in railroading comes perhaps at the wrong time. The board
Rail News
LUFTHANSA PROFIT OFF DESPITE AN INCREASE IN ITS PARENT'S NET
Erich E. Toll |
Lufthansa German Airlines, the West German airline, said that higher taxes and other factors led to
Air Cargo
SUPERCOMPUTER MAKER PROVES US KNOW-HOW IS STILL VIBRANT
From Wire Reports |
Not all U.S. supercomputer companies are in disarray. Control Data Corp. recently quit the b
GUANGDONG'S IMPORT BAN A SIGNAL OF HARSHER TIMES
(Reuter) |
Guangdong, one of China's richest provinces, is banning imports of virtually all consumer products,
Maritime
ELECTRONICS BRIEFS
From Wire and Staff Reports |
AT&T MIGHT ENTER CREDIT CARD BUSINESSReach out and touch someone may soon have a new meaning
3RD CANADIAN BANK ENTERS INSURANCE ARRANGEMENT
Journal of Commerce Staff |
Starting Tuesday, customers of the Bank of Nova Scotia will be able to call an insurance company to
SPOT PRODUCT PRICES
JOC Staff |
May 19, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
EUROPEAN ANXIETY OVER TRAFFIC MOUNTS
Edwin Unsworth |
The British government announced last week it was more than doubling its spending on road improvemen
VIRGINIA WEIGH-STATION KEEPS TRUCKERS ON GUARD
Leo Abruzzese |
Truck drivers hate Virginia. Just ask Jesse Wood. "Talk to any driver and he'll tell you wha
Trucking News
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
JAPANESE CHIP MARKET STILL DISAPPOINTS USThe United States is still dissatisfied with its li
Maritime
EC OFFICIAL WARNS US ABOUT USE OF TRADE ACT
Keith M. Rockwell |
The top trade official of the European Community warned U.S. officials that unwise use of the 1988 T
CONGRESS FINISHES 1990 BUDGET BUT STALLS OVER VETERANS' FUNDS
(Ap) |
Congress is finished with the $1.17 trillion federal budget for 1990 in uncommonly early fashion, bu
WESTINGHOUSE SUIT ORDERED TO ARBITRATION
From Wire Reports |
A Philippines lawsuit against Westinghouse Electric Corp. involving allegations of bribery to depose
GREAT LAKES GETS MAJORITY STAKE IN EUROPE'S OCTEL
Journal of Commerce Staff |
Great Lakes Chemical Corp. announced that the company has completed itspurchase of about 52
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
MANILA TO PRIVATIZE ITS NATIONAL AIRLINE
P.T. Bangsberg |
Debt-ridden Philippine Air Lines will be largely privatized within 12 months, the government pledged
Air Cargo
RIGHT-O-WAY CREATES TRUCKING SUBSIDIARY
Bill Mongelluzzo |
Right-O-Way, a medium-sized air forwarder, has launched a new effort to compete with the large integ
Air Cargo
CUSTOMS' MANUAL LISTS MEANSTO AVOID DRUG SMUGGLING ON SHIPS
Journal of Commerce Staff |
The Customs Service has released a 30-page manual on sea carrier security in relation to drug smuggl
Maritime
ANALYSTS EXPECT DOLLAR TO CONTINUE TO RISE
Kevin Commins |
Central bank intervention and profit-taking may hold the dollar down temporarily, but over the long
FORWARDER SPECIALIZES IN VIDEO TRANSPORT
Journal of Commerce Staff |
When a video store announces the release date for a hot item such as ''E.T.," it expects to generate
Air Cargo
PEOPLE - FINANCIAL
Wire and Staff Reports |
HOWARD SAVINGS BANK (Livingston, N.J.) - Joseph L. McElroy was named director of trust services.
ARGENTINE AUSTRAL PLUMMETS AGAIN
Knight-Ridder Financial |
The Argentine austral dropped sharply in value Friday against the U.S.dollar, as fears rose
EUROPE EXPECTED TO INCREASE RELIANCE ON GAS
Edwin Unsworth |
European use of natural gas is forecast to rise during the next 20 years,with more imports likely, a
WESTERN STATES SPLIT OVER STEEL IMPORT CURBS
Bill Mongelluzzo |
The Western states, isolated from the major steel mills in the East, have been in the forefront of u
OOCL'S PARENT REPORTS LARGE DROP IN PROFIT CHAIRMAN CITES TRADING CLIMATE
P.T. Bangsberg |
Orient Overseas (Holdings) Ltd., parent of the colony's largest container shipping line, reported ne
Maritime
DOW CHEMICAL CO. FORMS ENERGY UNIT
Journal of Commerce Staff |
Dow Chemical Co. announced the formation of Destec Energy Inc., a power resource and technology comp
FURNITURE REMAINS A STATUS SYMBOL IN OFFICES
Jo Werne |
There was a time when rank in the office was measured by the furniture. The boss' desk was b
FREIGHT RATE FUTURES
JOC Staff |
May 19, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
FAULTY BRAKES BLAMED FOR CALIF. DERAILMENTSAN BERNARDINO, Calif. - Federal investigators hav
Rail News
END TO QUOTAS ON JAPAN CARS EXPECTED IN '90
Richard Lawrence |
A spokesman for U.S. imported car dealers said he is "extremely hopeful" that Japan next year will l
Maritime
EMBRAER MAY DEVELOP STRETCHED EMB-120 BRASILIA
James Bruce |
Directors of Brazil's Embraer aircraft manufacturer will meet later this month to decide the future
Air Cargo
CITICORP CAPITAL INVESTORS TO ACQUIRE STAKE IN NAVIOS
Journal of Commerce Staff |
Fednav Ltd., owner of Navios Corp., and Citicorp Capital Investors Ltd., announced Thursday an agree
Maritime
UK PLANS TO DOUBLE SPENDING ON ROADS TO EASE CONGESTION
Edwin Unsworth |
A doubling of spending on roads was announced Thursday by Transport Secretary Paul Channon in a majo
Trucking News
TANKER'S SECOND MATE SAW NO EVIDENCE OF DRINKING PROBLEM
Dave Higdon |
Despite repeated probing by a U.S. Coast Guard officer, testimony from the second mate of the Exxon
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
CONRAIL INTRODUCES SERVICE FROM BOSTONConsolidated Rail Corp. is offering westbound containe
Rail News
US-EC FRICTIONS EASE AS FEARS OF 1992 RECEDE
Bruce Barnard |
The name-calling between Brussels and Washington over a raft of thorny trade issues in the past few
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