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Commentary
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Platts Containers Update
COAL BRIEFS
From Wire and Staff Reports |
DOE Reorganizes For Clean CoalThe Energy Department said it is restructuring its fossil ener
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FREIGHT RATE FUTURES
JOC Staff |
Mar. 7, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
CUSTOMS UPDATE
Customs Update is based on reports from U.S. Customs Service |
COLLECTION OF THE ASSESSMENT ON PORK PRODUCTS. The Agricultural Marketing Service has issued a final
Maritime
AUSTRALIAN PRODUCTION OF COTTON EXPECTED TO CONTINUE TO GROW
Vincent W. Stove |
Cotton production in Australia is expected to continue to increase, at least until 1992. Out
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
China Urges Protection For Private EconomyChina's Communist Party has proposed amending the
Transport, Trade and Regulation News
EXPORT BRIEFS
Wire and Staff Reports |
Isuzu Motors to Buy 30,000 GM EnginesThe Japanese automaker Isuzu Motors Ltd. will purchase
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
EC FINANCE MINISTERS REACH AGREEMENT ON 1988 BUDGET
(Ap) |
Finance ministers of the 12-nation European Community Monday agreed on the long-overdue budget for 1
JUSTICES TO REHEAR CASE OF GRAY-MARKET GOODS
Leah R. Young |
Importers, middlemen, discount stores and consumers will have to wait to see if the Supreme Court wi
US, SOVIETS SET GRAIN TALKS
Knight-Ridder Financial |
U.S. and Soviet representatives will meet here March 19 to begin negotiating a new long-term grain a
SENATOR: DRUG FIGHT OUTWEIGHS CARGO PUSH
Bill Mongelluzzo |
The 870 new Customs Service positions that Congress authorized should break some logjams at ports an
MOBIL PLANS TO SELL MONTGOMERY WARD TO INVESTOR GROUP
Kevin Commins |
Mobil Corp. has agreed to sell Montgomery Ward & Co. to an investor group led by Montgomery Ward man
SPOT PRODUCT PRICES
JOC Staff |
Mar. 7, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
FINANCIAL BRIEFS
Wire and Staff Reports |
Senate Banking Panel Sets Hearing on CrashWASHINGTON - The Senate Banking Committee has sche
FIREMAN'S TO BUY ITS STOCK FROM AMERICAN EXPRESS CO.
Journal of Commerce Staff |
American Express Co. and Fireman's Fund Corp. announced Monday an agreement under which Fireman's Fu
VOTING PROCESS TO ALTER STANDARDS ASKS FOR MORE THAN A CHECKMARK
Tony Seideman |
Once bytten, twice shy. Computers are stupid. If they aren't told exactly what to do, they d
Air Cargo
BALTIMORE LABOR, MANAGEMENT TEAM UP TO IMPROVE PORT IMAGE
JOHN H. GORMLEY Jr. |
Leaders of the longshoremen's union in Baltimore have agreed to work closely with management and the
Maritime
INDIA MAY BE FORCED TO RENEW FOOD IMPORTS
Neel Patri |
The Indian government might finally decide to import food grains this year after several months of i
Maritime
CROWLEY PONDERS NEW YORK SERVICE
Gloria Joseph |
There's a new spirit of cooperation in the air that may bring Crowley Maritime Corp. to the port of
COAL BARGERS GOBBLING UP THE COMPETITION
Tim Sansbury |
U.S. coal producers are facing a barge transportation industry notably more consolidated than at the
ENERGY EARNINGS
From Wire and Staff Reports |
Dome Petroleum Posts Net Loss for 1987CALGARY, Alberta, - Dome Petroleum Ltd. reported a net
OIL FLOOD ERODES OPEC'S CLOUT
Chicago Tribune |
In a desert ceremony last December, President Ali Abdullah Saleh of North Yemen turned a tap and tra
INSURERS WILL HAVE TO WAIT FOR OUTSIDE COMPUTER LINKS
Tony Seideman |
Insurance industry computers need to learn to talk to each other before they can communicate with ot
AVIATION LIABILITY REFORM BILL CLEARS HOUSE COMMITTEE
Dave Higdon |
A House of Representatives panel has cleared aviation product liability reform legislation but the b
Air Cargo
COMPUTERIZED NETWORK LISTS EMPTY CONTAINERS
Janet Porter |
A computerized clearing house has been started that should enable container operators to swap emptie
FOREIGN TRADE STATISTICS ON SELECTED PETROCHEMICALS
National Petroleum Refiners Association, Washington, D.C., |
December 1987 - Quantities in 1,000s Export Totals Import TotalsF.A.S.
CLARIFICATION
JOC Staff |
In a story published on March 1 reviewing the guide to Major Chemical & Petrochemical Companies of E
KUWAIT PETROLEUM REPORTS SHARP INCREASE IN PROFIT
(Ap) |
State-owned Kuwait Petroleum Corp. reported an almost 30 percent increase in net profit in the lates
ENERGY BRIEFS
From Wire and Staff Reports |
Financial Woes Delay Iranian Pipeline PlansNICOSIA, Cyprus - Financial problems between Iran
US DOLLAR DECLINES TO FIVE-WEEK LOW
Knight-Ridder Financial |
The U.S. dollar tumbled to a five-week low against the deutsche mark Monday and was broadly lower ag
FED CONSTITUENCY DIFFERS FROM POLS'
Albert L. Kraus |
Just how independent is the Federal Reserve? Alan Greenspan, the Fed chairman, tried to disp
PRMSA OFFER LANDS LANCERS
James Nolan |
The Puerto Rico Maritime Shipping Authority, or PRMSA, outbid Sea-Land Services Inc. in a bankruptcy
Maritime
US INSURERS SEE OPPORTUNITIES IN PACIFIC RIM
TOM McNIFF Jr. |
The burgeoning middle and upper classes of the Pacific Rim are being targeted by U.S.-based insurers
STATE FARM MUTUAL POSTS HIGHER NET
From Wire and Staff Reports |
State Farm Mutual Automobile Insurance Co., the owner of the State Farm Insurance Cos. and the grou
GROUP QUESTIONS FINANCIAL HEALTH OF MALPRACTICE RESIDUAL MARKETS
Journal of Commerce Staff |
Half of the state medical malpractice residual markets could collapse if investment income declines
NEW BROKER SETS SIGHTS ON AVIATION, N. AMERICA
Edwin Unsworth |
The formation of an important new force in aviation and North American non- marine insurance broking
NORTH AMERICAN RAILS INCREASING BUDGETS
Gregory S. Johnson |
According to a Journal of Commerce survey, most large North American railroads are increasing their
Rail News
BRAZIL'S INFLATION FIGHT TRAILS DEBT TALK PERFORMANCE
James Bruce |
With debt renegotiations abroad faring better than the war against public deficits and inflation at
ECONOMISTS PREDICT INTEREST RATE RISE
Knight-Ridder Financial |
Interest rates will remain steady in the first half of 1988 but will tick up by year-end, according
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