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MARITIME BRIEFS
From Wire and Staff Reports |
CARRIERS SLATE JUMP IN BUNKER SURCHARGEShip lines sailing from the United States to Brazil a
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
GM DIPS INTO BUSINESS OF QUICK OIL CHANGESDETROIT - General Motors Corp. is offering quick o
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
US RIG COUNT ROSE BY 13 LAST WEEK
(Ap) |
The oil and gas rig count rose this past week by 13 to total 764, Baker Hughes reported Monday.<
FEDERAL JUDGE SENDS RATE DISPUTE TO ICC
Leo Abruzzese |
A federal district court in North Carolina overturned a bankruptcy court judge and ordered a truckin
Trucking News
CANADIAN CHEMICAL SECTOR WORKS ON 'RESPONSIBLE CARE' STRATEGY
Mike Lauzon |
Canada's chemical industry is developing a proactive approach to responsible business practices and
LURE OF EC 1992 DRAWS LOBBYISTS TO BRUSSELS
H. Peter Dreyer |
The lobbyists are pouring into Brussels. The European Community's plan to create a single ma
Maritime
SEVERE HOUSING SLUMP DISCOUNTED
(Ap) |
Like a good many other U.S. industries, housing and real estate lately have felt the pinch of high i
Transport, Trade and Regulation News
HARRY S. KEEFE VICE PRESIDENT GRE OF AMERICA CORP. TOPIC: MARITIME SAFETY
Premium Talk is a biweekly Q&A with insurance leaders, |
Harry S. Keefe is a graduate of the Merchant Marine Academy. He also holds a masters degree from the
REDUCED RAIL TRAFFIC LEADS TO LOWER PROFIT AT CANADIAN PACIFIC
Leo Ryan |
Canadian Pacific Ltd. posted a sharp fall in profit in the first quarter due to lower railway traffi
Rail News
SENATE PANEL: EPA FAILS IN ITS SUPERFUND DUTIES
(Ap) |
The U.S. Environmental Protection Agency has not met many of its Superfund cleanup deadlines, failed
SEA CONTAINERS' FLEET DRAWS INTEREST OF ITEL
Bruce Vail |
A top official of Itel Corp. confirmed market rumors Friday when he told a group of securities analy
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
PA. CHALLENGES USAIR IN BID FOR PHILA. GATESHARRISBURG, Pa. - Pennsylvania is challenging US
Air Cargo
SFP PLANS APPEAL OF COAL PIPELINE DAMAGE AWARD
Howard S. Abramson |
The Santa Fe Pacific Corp. plans to appeal the $750 million award a Texas jury ordered it to pay for
Rail News
COST OF CREDIT
JOC Staff |
Mon., May 8, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
SPOT PRODUCT PRICES
JOC Staff |
May 8, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f.
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PEMEX MAY NOT BE ABLE TO MEET MEXICAN NEEDS
Charles Thurston |
Mexico's Petroleos Mexicanos is faced with a capital investment dilemma. State-owned oil and
GASOLINE PRICES ARE STILL RISING, BUT NOT AS FAST
(Ap) |
Gasoline prices jumped nearly 2 cents a gallon in the past two weeks as wholesalers passed on rising
BALTIC FREIGHT INDEX
JOC Staff |
1699 (May 8, 1989) Previous day - 1693 The Baltic International Freight Futures Market in Lo
Maritime
NEW METHANOL SHIP SAILS THE SEAS
JOC Staff |
The Cape Horn, the world's largest methanol carrier at 45,000 deadweight tons, joined the fleet of M
Maritime
BILL TARGETS FAX 'JUNK MAIL'
(Ap) |
Lawmakers fed up with "junk mail" clogging fax machines nationwide called for a federal ban on unsol
US TOLD TO PRESS PARTNERS TO OPEN THEIR MARKETS
John Boyd |
The United States needs to exert more pressure on its trading partners to counter a "pervasive patte
PANEL SEEKS DETAILS ON NOAA FLEET PLAN
WILLIAM DiBENEDETTO |
House Merchant Marine and Fisheries Committee leaders have asked the government's ocean research and
Maritime
JAPAN PANS FOR GOLD BY SATELLITE
(Reuter) |
The Japanese have struck gold in Indonesia - by sitting in a lab in Tokyo gazing at pictures.
Maritime
INSURANCE EARNINGS
From Wire and Staff Reports |
FIRST QUARTER EARNINGS REPORTED OFF AT GEICOGeico Corp.'s first quarter earnings fell to $45
JAPAN REFUSES TO EASE STANCE ON CAR PHONES
A.E. Cullison |
A senior Japanese government bureaucrat said Monday that Motorola Inc. definitely will not be permit
ECONOMIC DATA ABROAD
Wire Reports |
TRADE SURPLUS GROWS IN WEST GERMANYFRANKFURT, West Germany - West Germany's trade surplus wi
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
ATLANTIC TECHNICAL SERVICES (South Plainfield, N.J.) - Frank M. Pigantaro was appointed intermodal c
Air Cargo
REFORM EXPECTED AT EXCHANGE IN HONG KONG
Steve Glain |
Proposals to overhaul the Hong Kong Futures Exchange will likely be adopted at an extraordinary gene
TRAFFIC BRIEFS
From Wire and Staff Reports |
VARITY, FRUEHAUF SIGN DEFINITIVE MERGER DEALVarity Corp. of Toronto and Fruehauf Corp. of De
Trucking News
COMMODITY BRIEFS
JOC Staff |
Soviets Become Reliant On Grain ImportsGrain agreements with the United States and other exp
COMMISSION TO EXAMINE BID FOR CNW TAKEOVER
Howard S. Abramson |
The next round in the attempted hostile takeover of the CNW Corp. by Japonica Partners LP is schedul
Rail News
COMMISSION MONITORING SURCHARGES
Journal of Commerce Staff |
The Federal Maritime Commission has told exporters of agricultural supplies that it is keeping track
Maritime
P&I COMPANY MOVES INTO HULL CLAIMS FIELD SCB INC. OFFERS DUAL SERVICE
David F. White |
A subsidiary of the vast insurance broker Johnson & Higgins has formed what it calls a unique ventur
Maritime
WORLD TODAY
Wire and Staff Reports |
IRAN TANKER EXPLODES IN THE PERSIAN GULFMANAMA, Bahrain - A tanker exploded as it unloaded j
MALAYSIA HIKES STAKE IN INDUSTRIAL CONSORTIUM
P.T. Bangsberg |
The government of Malaysia is taking over another unit of the country's premier industrial conglomer
Maritime
NEWS SUMMARY
JOC Staff |
* Import Quota Watch 3A * Commodity Research Bureau 6A* Maritime Crew Size Trends Bother Ins
ITALIAN DOCKERS TO STRIKE FRIDAY LABOR STRIFE EASES AT GENOA
Gloria Joseph |
A national port strike has been called in Italy, imposing a one-day shutdown on Friday and allowing
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