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Commentary
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OXY READY TO PLOW AHEAD WITH TROUBLED CHINESE MINE
Noel Fletcher |
Despite formidable problems at the Antaibao open-cast coal mine in northern China, Occidental Petrol
SOVIETS SEEK INCREASE IN UK TRADE
Albert Axebank |
The Soviet Union is actively trying to build up its bilateral trade with the United Kingdom, accordi
Maritime
NEW MODELS EXPECTED TO FUEL LAPTOP EXPLOSION
(Ap) |
Klaus K. Obermeier used to compute only in his office. Now that he has a laptop computer, he compute
DOLLAR DRIFTS LOWER ON WEAKER OIL PRICES
Knight-Ridder Financial |
The U.S. dollar drifted lower Monday, largely on softening oil prices. Trading was quiet. De
FOREIGN INVESTORS APPEAR READY TO BUY STOCKS AGAIN
Journal of Commerce Staff |
A year after the stock market crash, investors worldwide, particularly the Japanese and West Germans
COST OF CREDIT
JOC Staff |
Mon., Oct. 4, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
LOADING DELAYS HINDER CHINESE COAL EXPORTS
Janet Porter |
China's efforts to become a major coal exporter are creating logistical headaches for shipowners and
Maritime
BURKE FILLS TOP POST AT CROWLEY'S ATLANTIC UNIT
Gloria Joseph |
Sean G. Burke was named president of the Atlantic Division of Crowley Maritime Corp. Monday, replaci
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
AMTRAK EXPANDS NY-WASHINGTON LINEWASHINGTON - Amtrak has added 16 more high-speed reserved M
Rail News
TOP US CHEMICAL IMPORTS
Source: Port Import/Export Reporting Service, PIERS, New York. |
For July 1988 vs. July 1987 (In Metric Tons - Via Ocean)Rank CommodityJuly 88
JUDGE SUSPENDS MSC TANKER PACTS
WILLIAM DiBENEDETTO |
The Military Sealift Command is embroiled in another legal dispute over thecarriage of milit
Maritime
FATE OF TRUCK SAFETY LEGISLATION IN DOUBT
Leo Abruzzese |
Attempts by two Texas congressmen to attach controversial amendments to a widely supported truck saf
Trucking News
CRUDE FUTURES, POSTINGS SLIDE TO BELOW $13
Sam Glasser |
Oil prices dropped sharply Monday on the New York Mercantile Exchange, withDecember and Janu
PLASTICS CORNER
Journal of Commerce Staff |
National Starch Boosts PolymersBRIDGEWATER, N.J. - The Resins & Specialty Chemicals division
CHEMICAL IMPORTS BY PORT
Source: Port Import/Export Reporting Service, PIERS, New York. |
For July 1988 vs. July 1987 (In Metric Tons - Via Ocean)US Coast and PortJuly 88
US BEEF SHIPMENTS TO S. KOREA RESUME BUT AT PALTRY PACE
HANNAH MOORE (Robin Bulman in Seoul contributed to this |
After an absence of more than three years, U.S. beef is back on the menus in hotels and clubs in Seo
MULTIMODAL CARRIERS SPROUT UP IN EUROPE
Bruce Barnard |
We're CSX, the first true global transporter. If you've never heard of one before, it's because ther
DRUG TESTING LEGISLATION FACES UNCERTAIN PASSAGE
Howard S. Abramson |
Congress continues to flip-flop in the tortuous efforts to pass a bill to require drug testing for e
Rail News
CRB FUTURES INDEX FALLS BACK TO ITS LEVELS OF EARLY MAY
Susan Buchanan |
The CRB Futures Index lost ground in September and fell back to its early-May levels. The precious m
COFFEE PACT PRICE IMPACT SEEN SHORT-TERM
Knight-Ridder Financial |
The International Coffee Organization's new global export quota agreed on Sunday between ICO produce
COMMODITY BRIEFS
From Wire and Staff Reports |
US TRADE COURT ISSUES SUGAR RESTRAINT ORDERThe U.S. Court of International Trade granted a t
TOP OF THE DAY CAPITALISM, WITH A CATCH, IS COPIED IN MOSCOW
PATRICIA McCORMICK |
Neither Adam Smith nor Thomas Paine could have been more eloquent. But Mikhail Volodarsky was plenty
VA. STRESSES INNOVATION, AUTOMATION
WILLIAM DiBENEDETTO |
For Virginia, the trade strategy is summarized in two syllables: exports. For the state's ol
THE ECONOMY HOME AFFORDABILITY INDEX SEEN DRIFTING
From Wire Reports |
Slight increases in mortgage interest rates and a slower rate of increase in family income pushed th
INSURANCE BRIEFS
From Wire and Staff Reports |
TOXIC TORT LAW REFORM SAID PRIVATE SECTOR JOBWHITE SULPHUR SPRINGS, W.Va. - The private sect
LAWYERS STRUGGLE TO ESTIMATE VALUE OF CRASH VICTIMS' LIVES
(Ap) |
The varied and complex lives of the people killed in the crash of Northwest Airlines Flight 255 are
SPOT PRODUCT PRICES
JOC Staff |
Oct. 3, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
CHEMICAL IMPORTS SURGE, PORT DATA SHOW
John Maggs |
The volume of U.S. chemical imports in July climbed to 33 percent above the July 1987 level, but was
CHEMICAL EARNINGS PETROCHEMICALS BOOST SABIC PROFIT
Wire and Staff Reports |
Sales by Saudi Basic Industries Corp. topped $1 billion for the six months ending June 30, and net p
YELLOW FREIGHT WILL BARGAIN SEPARATELY
Leo Abruzzese |
Yellow Freight System Inc., the nation's largest trucking company, withdrewfrom the industry
SAS REPORTS PARTNERSHIP WITH US LINE
(Reuter) |
Scandinavian Airlines System said Monday it has reached a wide-ranging cooperation agreement with a
Air Cargo
MOST AIRLINES SIGN NEW POSTAL CONTRACTS
IRA BRESKIN Journal of Commerce Staff |
Postal officials are resting easier following the passing of the deadline for airlines to accept new
Air Cargo
ROCK BLASTING ON MISSISSIPPI TO ADD TO WOES
TOM McNIFF |
Barge traffic on the Mississippi River is likely to be sharply curtailed during the last half of Nov
Rail News
QUOTA WATCH
JOC Staff |
Textile Quotas to Watch as of 10/1/88** PercentageCountry Category Description Filled
Maritime
DORMANT AFRICAN DAM COULD GET WAKE-UP CALL
(Reuter) |
The generators hum in Cahora Bassa's underground powerhouse, but Africa's biggest hydroelectric proj
TRADE PACT'S FATE HINGES ON CANADIAN ELECTION
Leo Ryan |
Free trade with the United States will be a major issue but not the only issue in Canada's federal e
PEOPLE - ENERGY
From Wire and Staff Reports |
KAISER COAL CORP. (Raton, N.M.) - Stonie Barker was named chairman. He is a coal industry co
THE ECONOMY AUGUST FACTORY ORDERS ROSE A SHARP 3.1 PERCENT
From Wire Reports |
Orders to U.S. factories, bolstered by a big jump in orders for military goods and transportation eq
OPPENHEIMER ACQUIRES AGRI-RISK SERVICES INC.
Journal of Commerce Staff |
Oppenheimer Industries Inc. announced that it acquired Agri-Risk Services Inc., a managing general a
SUPREME COURT REFUSES TO HEAR MANVILLE CASE
From Wire and Staff Reports |
The U.S. Supreme Court Monday refused to hear the remaining appeal against Manville Corp.'s reorgani
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