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INFLATION WON'T ALTER CHINA'S REFORM PLANS
William Armbruster |
China's steps to control its high inflation rate won't affect the country's basic institutional refo
CSX POSTS GAINS IN THIRD QUARTER
Journal of Commerce Staff |
CSX Corp., the transportation conglomerate that traditionally reports its earnings on the first busi
Rail News
OAKLAND PORT DENIES IT'S AILING FINANCIALLY
Josh Goldstein |
The Port of Oakland countered charges that it is in financial trouble, saying that even a long delay
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
BRITAIN ORDERS KUWAIT TO REDUCE BP HOLDINGThe British government ordered the Kuwait Investme
MTL RULING FAVORS UNION
John Williams |
A federal judge ruled that Marine Transport Lines Inc. failed to abide by an oral agreement with a s
Maritime
VENEZUELA CLOSES IN ON US REFINING, MARKETING ASSETS
John Maggs |
Venezuela's national oil company is very close to announcing another major acquisition of refining a
POSTAL SERVICE TO INVEST $12.9 BILLION IN FACILITIES
(Ap) |
The U.S. Postal Service announced a $12.9 billion program for investment in new facilities, building
ELECTRONICS BRIEFS
From Wire and Staff Reports |
ZENITH LISTS CHANGES IN SHAREHOLDER RULESCHICAGO - Zenith Electronics Corp., which is in a f
EUROPE BOX TRAFFIC ROSE 4 PERCENT IN 1ST HALF
Journal of Commerce Staff |
European box shipments by rail climbed 4 percent to the equivalent of 479,793 20-foot containers dur
Rail News
MARITIME MOOD UPBEAT AT FAIR
Erich E. Toll |
The mood of the maritime industry was uniquely upbeat and optimistic at the SMM '88, the Internation
Maritime
TAIWAN RETREATS ON STOCK TAX AMID PROTESTS, MARKET TURMOIL
Helen Berg |
The Finance Ministry caved in under intense pressure Monday, agreeing to modify a controversial capi
FINANCIAL BRIEFS
Wire and Staff Reports |
NICARAGUA DEVALUES, DOUBLES GASOLINE PRICEMANAGUA, Nicaragua - The value of Nicaragua's curr
INLAND REGIONS OF CHINA PLAN PORT FACILITIES
Noel Fletcher |
Several inland Chinese provinces and regions are banding together for the first time to build their
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CSX/SEA-LAND INTERMODAL INC., (Hunt Valley, Md.) - John R. Busher was appointed vice president-finan
Trucking News
OIL PRICE COLLAPSE FEARED BY OPEC
(Reuter) |
Key ministers of the Organization of Petroleum Exporting Countries say an oil price collapse is inev
F.J. STRAUSS, BAVARIA'S PREMIER, DIES AT 73
Erich E. Toll |
Franz Josef Strauss, premier of the West German state of Bavaria and an ally of German business, die
MSI GETS SECOND TAKEOVER OFFER
(Reuter) |
The battle for MSI Data Corp. intensified late last week, as Symbol Technologies Inc. offered $120 m
TONY SEIDEMAN - EDI EXCHANGE
(By) Tony Seideman |
THE SHARKS ARE SNIFFING, but the menu has yet to be determined. At the Fall Distribution/Com
UK BANK, CUSTOMERS TRY EDI TRANSFERS OF FUNDS
Janet Porter |
A pilot project launched last week between a top British bank and two corporate customers demonstrat
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CHINA MAY SLOW PACE OF PRICE REFORM PLAN
P.T. Bangsberg |
Inflation is officially public enemy No. 1 in China, and moves to stamp it out appear to mean a slac
TAIWAN OFFICIAL CALLS FOR TRADE PACT WITH US
Keith M. Rockwell |
A senior Taiwanese economic official Monday called for a U.S.-Taiwan free trade agreement as the bes
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
CHINA TALKS MORE OPENLY ABOUT PLANS FOR ARMS SALES
Noel Fletcher |
China is becoming more vocal about its intention to accelerate exports of military equipment, after
Maritime
THE ECONOMY CONSTRUCTION SPENDING FELL 0.6 PERCENT IN AUGUST
From Wire Reports |
Construction spending fell 0.6 percent in August as drops in highway, factory and shopping center co
COAL BRIEFS
Wire and Staff Reports |
ARIZ. UTILITY TO PAY SUM TO KAISER COALRETON, N.M. - Salt River Project, a Phoenix, Arizona-
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of AgricultureForeign Agricultural Service
Maritime
CONTAINER INSTITUTE CHOOSES OFFICERS
Journal of Commerce Staff |
The new president of the Containerization & Intermodal Institute for 1988-89 is Richard A. Simpson,
Maritime
STORM DELAYS ALUMINA EXPORTS FROM JAMAICA
Canute James |
Jamaica's hopes of breaking into a new market for its bauxite ore and alumina (refined ore) have bee
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
JAPANESE TO FORM US AUTO PIPE FIRMNippon Pipe Mfg. Co., Sumitomo Metal Industries Ltd. and M
Maritime
PEOPLE - MARITIME
From Staff and Wire Reports |
ATLANTIC CONTAINER LINE (South Plainfield, N.J.) - Susan T. Esposito was appointed office services m
Maritime
THATCHER'S EC MARKET PICTURE CALLED 'MISLEADING' BY OFFICIAL
(Ap) |
Peter Sutherland, the European Community competition commissioner, Monday criticized British Prime M
US RELAXES FUEL ECONOMY RULES FOR '89
(Reuter) |
The Transportation Department, in a victory for U.S. automakers, said Monday it relaxed the fuel eco
FREIGHT RATE FUTURES
JOC Staff |
Oct. 3, 1988 Baltic International Freight Futures Exchange*PrevClose High L
Maritime
PESTICIDE TEST METHODS INADEQUATE, REPORT SAYS
Journal of Commerce Staff |
The federal government's testing of pesticide residues was criticized as inadequate, largely because
NEWS SUMMARY
JOC Staff |
* Import Quota Watch 4A * Commodity Research Bureau - Why Index Declined 10A* Albert L. Krau
US COAL, STEEL INTERESTS CLASH ON ITALIAN MARKET
Tim Sansbury |
The U.S. coal industry's aggressive efforts to promote coking coal sales to the Italian steel indust
PROJECTIONS FOR 'CHUNNEL' TRAFFIC RAISED
Janet Porter |
Freight and passenger traffic projections for the Channel tunnel between England and France have bee
UPS EXPANDS GLOBAL REACH IN EUROPE, ASIA
PATRICIA McCORMICK |
United Parcel Service Inc. has added 19 European and Asian countries to its international service ro
Air Cargo
CALIF. TEAMSTERS STRIKE ENTERTAINMENT INDUSTRY
(Ap) |
More than 2,000 Hollywood drivers went on strike Monday after a weekend of negotiations with produce
Trucking News
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