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DRY CARGO FREIGHT RATES PLUNGE
Janet Porter |
Dry cargo freight rates moved sharply lower last week, with further steep falls registered on the Lo
Maritime
QUANTUM CHEMICAL PLANS $600 MILLION EXPANSION
Journal of Commerce Staff |
Quantum Chemical Corp. announced a $600 million capacity expansion program for ethylene, polyethylen
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
PLASTICS CORNER DOW, SUMITOMO SET JOINT VENTURE
Journal of Commerce Staff |
Dow Chemical Co. and Sumitomo Chemical Co. announced the formation of a joint venture in Japan to ma
PLASTICS CORNER SABIC PRODUCING POLYSTYRENE
Charles Thurston |
Saudi Basic Industries Corp.'s subsidiary Arabian Petrochemical Co., or Petrokemya, has reported ini
CHEMICAL MARKETS
Journal of Commerce Staff |
Witco Division Increases PricesThe Argus division of Witco Corp. is increasing the price of
DURABLE GOODS ORDERS STAY MOSTLY STATIC
(Ap) |
Orders to U.S. factories for big ticket durable goods were virtually unchanged in March as a drop in
CHEMICAL BRIEFS
From Wire and Staff Reports |
Riken to Represent RTP in Japanese MartWINONA, Minn. - RTP Co. has signed an agreement with
CHEMICAL EARNINGS
JOC Staff |
Squibb Earnings Post 31 percent ClimbPRINCETON, N.J. - Squibb Corp.'s first-quarter net inco
SPOT PRODUCT PRICES
JOC Staff |
April 22, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
EUROPEAN OIL PRICES STABILIZE
Bruce Barnard |
European oil prices firmed by the close of trading Friday, settling only 40 to 45 cents a barrel bel
COAL BRIEFS
From Wire and Staff Reports |
Australia Might Ban Coal Exports to JapanSURFERS PARADISE, Australia - The Australian govern
COAL IMPORTS, OUTPUT DECLINE IN EC IN 1987
Bruce Barnard |
The European Community's coal output and imports both fell last year despite a rise in electricity p
AUSTRALIAN TRADE ROUTE CHOPPIER THAN IT SEEMS
Mark Magnier |
Carriers operating in the United States-Australia-New Zealand trade say it's much more difficult to
Maritime
RG&E REPORTS RISE IN ELECTRICITY SALES
Journal of Commerce Special |
Rochester Gas & Electric Corp. reported increased sales of electricity and natural gas in the first
FRANCE'S SOFRANA BUYS 50 PERCENT STAKE IN ANZDL
Mark Magnier |
Sofrana Unilines SA, a French-owned company based in Australia, has acquired a 50 percent share in A
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Seminar to Address Hazardous MaterialsNEWARK, N.J. - Shippers and carriers can obtain the la
Trucking News
COURTS HAVE GIVEN UNIONS POWERFUL TOOL IN RAIL SALES
Andrea Chancellor |
Rail labor has been dealt a powerful tool at the hands of the courts for negotiations during branch
Rail News
ICC AGREES TO STUDY POLICY ON TRUCK RATES
Leo Abruzzese |
The Interstate Commerce Commission agreed to a request from the nation's largest shippers' associati
Trucking News
PEOPLE - TRANSPORT
From Wire and Staff Reports |
DSI TRANSPORTS INC. (Deer Park, Texas) - Avery Corning was named vice president, sales and marketin
Trucking News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended April 9 total piggyback freight hauled on the nation's major railroads equaled 10
Rail News
BALTIC FREIGHT INDEX
JOC Staff |
1415.5 (April 22, 1988) Previous day - 1441.5 The Baltic International Freight Futures Excha
Maritime
FREIGHT RATE FUTURES
JOC Staff |
April 22, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
NEDLLOYD SEES PROFITS BY 1989
Janet Porter |
The Dutch shipping line Nedlloyd hopes to be breaking even on its North Atlantic operations by the s
Maritime
DOT DRAWS CRITICISM ON HEAVY-TRUCK ACCESS
Leo Abruzzese |
Sen. James Exon chided the Department of Transportation for underestimating the severity of heavy-tr
Trucking News
LUMBER OUTPUT AND ORDERS DROP
(Ap) |
Lumber production and orders fell, but shipments increased in 12 Western states in the week ended Ap
W. GERMANY WEIGHS SECOND SHIP REGISTRY
Erich E. Toll |
The momentum is increasing toward establishment of a second West German ship registry, as high domes
Maritime
B&H CRUSADES TO BOOST CIGARETTE SALES
Cristina Lee |
With sales of U.S. cigarettes falling, one cigarette maker is mounting an aggressive campaign to sto
US WORKERS FACE FEAR AND LOATHING IN PANAMA CITY
WILLIAM DiBENEDETTO |
A recent incident on a crowded Panama City, Panama, street corner illustrates why U.S. employees at
PIOTTI WEARS THE UNIFORM WELL
Journal of Commerce Staff |
Vice Adm. Walter T. Piotti Jr. is an impressive figure in Navy blue. He's tallish, but not o
JUDGE ORDERS IRVING TO HOLD MEET MAY 6
(Ap) |
A state judge Friday ordered Irving Bank Corp. to hold a shareholders' meeting May 6 to determine wh
COST OF CREDIT
JOC Staff |
Fri., April 22, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, 0.35
RISE IN METALS PRICES AIDED BY DOLLAR'S FALL
Andrea Chancellor |
The low value of the dollar is expected to continue to play a key role in the recovery of the U.S. m
US-CANADA FARM TRADE LOADED WITH OPPORTUNITIES
(Ap) |
High-value products from soup to nuts dominate a thriving agricultural export business with Canada,
COMMODITY BRIEFS
Wire and Staff Reports |
Nikko Granted CBT Clearing StatusTOKYO - Nikko International, the U.S. subsidiary of Nikko S
AGRICULTURAL TRADE LEADS
Supplied by U.S. Department of Agriculture |
Wheat Durum wheat. Quantity: 500/1,000 metric tons every six months. Packaging:bulk.
NEW PRODUCTS
JOC Staff |
Book-Press Folder Speeds ProductionA British company has developed a book-press folder that
Maritime
COFFEE CONSUMERS PLAN NEGOTIATION STRATEGY
Amir Amirani |
Consumer members of the International Coffee Organization today will set themselves to the task of b
US REPORTEDLY ASKS SEOUL TO HONOR EXPORT RULES
(Ap) |
The United States is asking South Korea to ban high-technology exports to Communist countries by nex
Maritime
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