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FREIGHT RATE FUTURES
JOC Staff |
May 8, 1989 Baltic International Freight Futures MarketPreClose High Low Vol. C
Maritime
IMPORT BRIEFS
Wire Reports |
S. KOREAN GOVERNMENT WARNS STRIKERSSEOUL, South Korea - South Korea's Defense Ministry warne
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
MORE WOOD PRODUCTS ARE MOVING INTERMODAL
Gregory S. Johnson |
Intermodal transport of lumber and wood products continues to grow as small shippers make greater us
Transport, Trade and Regulation News
CONSUMER GROUPS OUTLINE STEPS TO CUT AUTO INSURANCE PREMIUMS
(Ap) |
Consumer groups outlined on Monday a combination of safety and regulatory measures that they said co
PEOPLE - FINANCIAL
From Wire and Staff Reports |
BEAR, STEARNS & CO. (New York) - Marcia Myerberg was named a managing director. She is responsible f
SINGAPORE'S CHANGI AIRPORT TAXIING FOR TAKEOFF IN 2000
Marion Cotter |
Southeast Asia's front-running airport has embarked on a major investment program designed to take i
Air Cargo
PRODUCTS MARKETPLACE
Staff Report |
HYDROGENATED STARCH Lonza Inc. of Fair Lawn, N.J., will increase Sorbitol prices by 1.5 cent
CHINESE WILL IMPORT STEEL FROM SIX JAPANESE MILLS
A.E. Cullison |
Japan's six largest steel mills concluded a contract agreement Monday to ship 1.5 million metric ton
Maritime
SOUTH KOREA WILL BUILD TWO SATELLITE CITIES
From Wire Reports |
South Korea will build two satellite cities in the Seoul suburbs to ease skyrocketing real estate pr
Maritime
LOCAL EC MARKET HABITS EXPECTED TO CONTINUE
Rosalind Rachid |
Business enterprises will find themselves in something of an old-habits-die- har d situation even af
Maritime
SHIPPER BRIEFS
From Wire and Staff Reports |
KROGER COMPLETES SALE OF PRICE SAVERSCINCINNATI - Kroger Co. has completed the sale of its P
Transport, Trade and Regulation News
CHEMICAL BRIEFS
From Wire and Staff Reports |
PETROCHEMICAL DEMAND SEEN EXCEEDING SUPPLYCapacity shortfalls for petrochemicals appear like
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
AEROSPACE FIRMS BULLISH ON FUTURE IN EUROPE, ASIA
Bill Mongelluzzo |
Aerospace firms anticipate a growing market for new aircraft in Europe and Asia, with many of the or
Air Cargo
DOLLAR CLIMBS ABOVE GROUP OF 7'S CEILING
Knight-Ridder Financial |
The U.S. dollar rallied to 1989 highs of 1.9113 deutsche marks and 134.95 yen at midafternoon Monday
CRB FUTURES, SPOT INDEXES MOVED LOWER AT END OF APRIL
Susan Buchanan |
After a mid-April jump, the CRB Futures Index, containing prices in 21 futures markets, ended the mo
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
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