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GASOLINE PRICES INCREASED 1 CENT IN LAST 2 WEEKS
(Ap) |
The average price of gasoline rose a cent a gallon in the last two weeks, the smallest increase sinc
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1730 (May 22, 1989) Previous day - 1744 The Baltic International Freight Futures Market in L
Maritime
THE ECONOMY
From Wire Reports |
KEMP CALLS FOR FED TO CUT DISCOUNT RATESecretary of Housing and Urban Development Jack Kemp
CRAY RESEARCH SPLIT-UP MAY HELP US IN KEEPING SUPERCOMPUTER LEAD
(Reuter) |
Cray Research Inc., by splitting into two companies, may have taken a key step in helping the United
FLORIDA'S PENSION FUND CONSIDERS EASTERN ROLE
(Ap) |
Gov. Bob Martinez may try to use Florida's $17 billion pension fund to back the purchase of Eastern
Air Cargo
ENERGY BRIEFS
Wire and Staff Reports |
TRANSCO ENERGY TO SELL GULF RESERVES TO HESSTransco Energy Co., taking a major step to get o
FINANCING NC AUTO PREMIUMS CAN BE VERY COSTLY FOR MOTORISTS
John Drescher |
Like a thirsting man crawling across a desert, cash-poor motorists come to Charlotte, N.C., agent La
US-JAPAN TRADE STAKES RISE AS DATE FOR LIST DECISION NEARS
Paul S. Tosto |
After months of threats and challenges, the United States soon may raise the stakes in its game of g
Maritime
STERLING SLIDE REKINDLES EMS DEBATE
Janet Porter |
The steep fall in the value of sterling Monday rekindled the increasingly bitter debate over whether
SHANGHAI-USSR LINK PROPOSED
P.T. Bangsberg |
Direct shipping services between Shanghai, China, and the Soviet Union are expected to begin shortly
Maritime
AUTO IMPORT TERMINAL IS DEDICATED IN NJ
David F. White |
The Port Authority of New York & New Jersey dedicated a 145-acre automobile terminal in Bayonne and
Maritime
BIG BULK CHEMICAL HAULER SHEDS ITS CORPORATE PARENT
Tom Belden |
With no fanfare, one of the Philadelphia region's most venerable truckers, Matlack Inc., has become
Trucking News
TONY SEIDEMAN - EDI EXCHANGE
Tony Seideman |
THANK GOD IT WORKED. Another working meeting of the American National Standards Institute's
GASOLINE IS UP SHARPLY AS DRIVING SEASON STARTS
Michael Arndt |
With the driving season just days away, families across the United States are about to hit the road
GENE-SPLICING EXPERIMENT NEW STEP IN CANCER FIGHT
(Ap) |
Within weeks, scientists at the National Institutes for Health expect to begin splicing genes from a
GENERICS SAVED $1 BILLION FOR NY PATIENTS IN 1988
(Ap) |
Two-thirds of all prescriptions written in the state during 1988 could be filled with generic drugs,
ATA NAMES 5 MANAGERS TO NEW POSTS
Journal of Commerce Staff |
American Trucking Associations announced a staff reorganization that will elevate five senior manage
Trucking News
SCHENKER PUTS MORE EMPHASIS ON AIR FREIGHT
John Davies |
One of the world's largest and most far-flung freight forwarders - Schenker Worldwide Forwarding Org
Air Cargo
GROUPS URGED TO HELP REVIVE NY PORTS' INFRASTRUCTURE
Gregory S. Johnson |
Forwarders, shippers and carriers in the New York area, should forge a partnership to improve the in
Transport, Trade and Regulation News
IRELAND WILL DYE OIL TO THWART SMUGGLERS
Journal of Commerce Staff |
The Irish government, in an effort to smash a multi-million-dollar fuel- smuggling racket, will put
COMMODITY BRIEFS
Wire and Staff Reports |
YEUTTER HINTS AT 10 PERCENT FOR WHEAT SET-ASIDECENTRAL CITY, Neb. - U.S. Agriculture Secreta
STATE-OF-THE-ART SEAGIRT TERMINAL ON SCHEDULE TO OPEN THIS SUMMER
WILLIAM DiBENEDETTO |
Isaac Shafran says that when he talks about Seagirt, this port's new intermodal marine terminal, he
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
AMTRAK INAUGURATES ATLANTIC CITY SERVICEATLANTIC CITY, N.J. - Amtrak inaugurated service to
Rail News
WHITE HOUSE MOVES TO HALT DOLLAR'S SURGE
(Ap) |
The White House, in an apparent coordinated effort with the Federal Reserve Board, Monday moved to t
BANK IN HONG KONG EYES US AS MARKET FOR UNIQUE PROGRAM
P.T. Bangsberg |
A British-based merchant bank is weighing an offer to introduce what it calls a unique insurance-fin
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year5/22 5/19 Ch
SPOT PRODUCT PRICES
JOC Staff |
May 22, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
EC, US HOPEFUL ON MEAT HORMONE SOLUTION
Knight-Ridder Financial |
European Community External Relations Commissioner Frans Andriessen Monday said the United States an
FMC CORP. FUNDS PULP RESEARCH
Journal of Commerce Staff |
FMC Corp.'s Peroxygen Chemicals division is sponsoring a multiyear research program at the Pulp & Pa
USX EXPANSION PLAN SPARKS BATTLE
Mark Jaffe |
The sharp, burning smell of sulfur roused Jonnie Pielen in the middle of the night. The odor
FARMERS URGE BUSH TO RELAX STEEL CONTROLS
Journal of Commerce Staff |
Ten national farm organizations urged President Bush Monday to relax steel import controls.
SHIPPER BRIEFS
From Wire Reports |
LTV, SUMITOMO PLAN TO MAKE STEEL IN OHIOCLEVELAND - LTV Steel Corp. and Sumitomo Metal Indus
Transport, Trade and Regulation News
CAPITAL HOLDING CORP., SOUTHLIFE TO MERGE
Journal of Commerce Staff |
Capital Holding Corp. and Southlife Holding Co. announced Monday that they entered into a merger agr
ACHILLE LAURO PASSENGERS GET NOD TO SUE IN NY
Howard S. Abramson |
The Supreme Court has cleared the way for trial in a damage suit brought by passengers of the Achill
US WORKERS LEAVE CHINA
Noel Fletcher |
Several U.S. companies operating in China have begun pulling out expatriates and dependents as the c
SAFETY CHECK REVEALS DEFECTS IN 7,000 TRUCKS
Leo Abruzzese |
Nearly one-third of the trucks inspected during the first two days of a roadside safety campaign las
Trucking News
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Mon., May 22, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
SAUDI ARABIA REVIVES PROPOSAL FOR $15 OPEC FLOOR PRICE
Knight-Ridder Financial |
Saudi Arabia has revived proposals for an Organization of Petroleum Exporting Countries' floor price
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