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NEWS SUMMARY
JOC Staff |
* John Boyd - Economic Beat 3A * JofC Industrial Price Index 6A* Kevin Commins - Currency Fo
HONG KONG AIRBORNE TRADE UP 28 PERCENT IN '88
P.T. Bangsberg |
Airborne trade increased 28 percent last year to nearly HK$209 billion (US$26.9 billion) compared wi
Air Cargo
2,838 FARMERS GET CHECKS IN SETTLEMENT OF CHUBB SUIT
(Ap) |
Checks worth $19.2 million were mailed Thursday to farmers in 10 states who have settled a lawsuit w
PEOPLE - CHEMICALS
From Wire and Staff Reports |
HOECHST CANADA INC. (Montreal) - President Gerald Elden will be president and chief executive office
ENERGY BRIEFS
Wire and Staff Reports |
MOBIL LUBRICANT AIMED AT NATURAL GAS ENGINESMobil Corp. announced the nationwide introductio
BALTIC FREIGHT INDEX
JOC Staff |
1617 (Apr. 21, 1989) Previous day - 1620 The Baltic International Freight Futures Market in
Maritime
GENOA DOCKERS SET OWN RULES
Gloria Joseph |
Genoa dockworkers are due to resume working all four shifts today, but they will do so under their o
Maritime
CARIBBEAN PROGRAM DEEMED A SUCCESS
Craig Dunlap |
Critics of the Caribbean Basin Initiative may have had expectations that were too high, said an advo
Maritime
CHINA TO OPEN DISPUTED AREA TO FOREIGN OIL EXPLORATION
From Wire Reports |
China plans to open a virgin area of the East China Sea to foreign oil companies for exploration, a
FED OFFICIALS SEE NO NEED TO MATCH W. GERMAN MOVE
Wire Reports |
Federal Reserve officials see no need to match last week's half-point increase in official West Germ
PACIFIC OUTBOUND LEG STRONG, SAY SHIP LINES
Mark Magnier |
Container shipping lines operating between the Far East and the United States are reporting terrific
BRAZILIAN DOCKWORKERS THREATEN NEW STRIKE
Knight-Ridder Financial |
Dockworker union leaders today are likely to announce the date of a new nationwide strike, said Nati
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year4/21 4/20 Ch
CORRECTION
JOC Staff |
John W. Snow is president and chief executive officer of CSX Corp. and Hays T. Watkins remains chair
Rail News
SPOT PRODUCT PRICES
JOC Staff |
Apr. 21, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
JAPAN'S VEHICLE OUTPUT HITS RECORD HIGHJapan's motor vehicle output rose 3.8 percent from a
Maritime
ASIA PAYS PRICE FOR ECONOMIC BOOM
(Reuter) |
After a year of exuberant growth, Asia's high-flying economies are suffering the hangover. Inflation
Maritime
BURLINGTON AIR EXPRESS SECURE IN ITS NICHE
Bill Mongelluzzo |
The recent Federal Express/Flying Tigers and CF AirFreight/Emery Air Freight mega-mergers aren't a s
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
EASTERN OFFERS FLIGHTS FROM ATLANTA FOR $59In a bid to lure badly needed passengers, strike-
Air Cargo
CUOMO TO APPEAL SHOREHAM LICENSE
(Ap) |
The U.S. Department of Energy is calling the approval of a full-power operating license for the Shor
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
THE FEDERAL RESERVE SHOULD NOT follow West Germany's lead to push interest rates higher, but should
CORRECTION
JOC Staff |
A story in The Journal of Commerce April 21 under the headline, "NJ-Pa. River Agency Names New Direc
Maritime
WINE IMPORTER'S SUIT CHARGES EX-OFFICIAL UNDERMINED BUSINESS
Rose A. Horowoitz |
Banfi Products Corp., a leading importer of Riunite and other wines, has filed a $5 million lawsuit
Maritime
SFSP REPORTS DROP IN 1ST QUARTER INCOME
Journal of Commerce Staff |
Santa Fe Southern Pacific Corp. reported first quarter net income of $187.5 million, or $1.18 a shar
Rail News
LAKES CARRIERS PUSH FOR STEEL IMPORT QUOTAS
Journal of Commerce Staff |
U.S.-flag carriers operating within the Great Lakes are lining up behind domestic steelmakers in cal
Maritime
CHEMICAL BRIEFS
JOC Staff |
RISE IN BLOW MOLDING OF THERMOPLASTICS SEENBlow molding of engineering thermoplastics will d
HAMBURG PREDICTS '92 UNITY MAY SLOW PORT'S NORDIC TRADE
Erich E. Toll |
Trade growth between the Port of Hamburg and Nordic countries is likely to be restrained because thr
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COMMODITY BRIEFS
Wire and Staff Reports |
CHINESE METAL OUTPUT ON THE RISE IN 1989HONG KONG - Production of China's 10 most commonly u
GOVERNOR VETOES NY PRODUCTS TAX
(Ap) |
Gov. Mario Cuomo Friday vetoed a new tax on petroleum products and with it a plan to give New York's
ELECTRONICS CALENDAR
JOC Staff |
EDI Planning and Implementation, two-day seminar, April 24-25. Hyatt Regency, Arlington, Va. Contact
PEOPLE - MARITIME
From Wire and Staff Reports |
ATLANTIC CONTAINER LINE (South Plainfield, N.J.) - Alan M. Potter was named vice president-finance a
Maritime
NO OARS IN THE WATER THIS TIME AROUND
JOC Staff |
This 95-foot canoe was recently shipped from California to Pago Pago, American Samoa, for use in an
Maritime
ADMINISTRATION'S CFC PLAN POSES SOME TAXING QUESTIONS
(Ap) |
The Bush administration plans to siphon off $2.45 billion from profits of companies making ozone-dep
SHIVER ME TIMBERS - BOAT & BREAKFAST!
Journal of Commerce Staff |
Attention quiche-eating longshoreman. Hear ye, sea-loving young professionals. The Port of O
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JAPAN SEEN IMPEDING WOOD PRODUCTS IMPORTS
(Ap) |
Oregon lawmakers said that a draft Commerce Department report on Japanesebarriers to imports
Maritime
JAPANESE CONSUMERS SEND OUT FOR GOODS, SIDESTEP IMPORT COSTS
From Wire Reports |
Pioneering Japanese consumers fed up with the high cost of imports are saving a bundle by ordering d
Maritime
PEOPLE - IMPORTS
Wire and Staff Reports |
TOYOTA MOTOR SALES U.S.A. INC. (Torrance, Calif.) - In a management reorganization, Toyota Motor Cor
Maritime
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