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Platts Containers Update
DOLLAR MOVES LOWER DESPITE FED RUMORS
Knight-Ridder Financial |
The U.S. dollar declined Wednesday, despite talk the Federal Reserve was in the market. Some
ROCKWELL BEATS B-1B DEADLINE
Journal of Commerce Staff |
The 100th B-1B aircraft rolled off the final assembly line ahead of schedule at Rockwell Internation
Air Cargo
INTERNATIONAL BRIEFS
Wire and Staff Reports |
South Korea to Expand East European TradeSEOUL, South Korea - South Korean business groups w
Maritime
STATE FARM SAYS SETTLEMENT COST OVERESTIMATED
(Ap) |
State Farm Insurance Co. has settled a landmark sex discrimination case, but dismissed as a "ridicul
UK COAL MINERS LIKELY TO RE-ELECT FIERY LEADER
(Ap) |
Miners' leader Arthur Scargill, who led his once-powerful union to the worst defeat of its history i
COMPUTER LINK WITH US CUSTOMS TO SPEED NEPTUNE ORIENT SHIPMENTS
Rose A. Horowitz |
Neptune Orient Lines customers will receive their shipments three or four days faster as a result of
Maritime
GROUNDING CLOSES SAN JUAN PORT
Barbara Cornell |
Shipping traffic stood still at the port of San Juan Wednesday as tugs tried to free a 686-foot Sea-
Maritime
ANALYST OPTIMISTIC ON '88 OUTLOOK FOR MAJOR COMPANIES
Robert F. Morison |
A financial analyst offers a mildly optimistic forecast for major, publicly owned U.S. shipping comp
Maritime
NISSAN HOPES TO MAINTAIN US SALES THIS YEAR
John Spelich |
Nissan executives, who find themselves for the first time in several years without an all-new produc
CUSTOMS' COLOMBIAN CRACKDOWN LEAVES FLORIDA IMPORTERS PIQUED
Josh Goldstein |
Intensive Customs inspections on all Colombian goods are hitting importers harder in Florida than in
ENERGY BRIEFS
From Wire and Staff Reports |
Workers to Consider Oil Industry StrikeThe National Oil Bargaining Policy Committee of the O
DOUGLAS FIGHTS FOR CONTRACT WITH THAILAND
P.T. Bangsberg |
A deal by McDonnell Douglas to sell at least four of its new MD-11 airliners to Thailand is stalled,
Air Cargo
CHINA LOOKS FOR PARTNER IN AIRCRAFT JOINT VENTURE
Noel Fletcher |
Foreign aviation companies appear to be lining up for a chance to get in on China's second joint-pro
CPC CREATES WORLDWIDE CONSUMER FOODS GROUP
Journal of Commerce Staff |
CPC International Inc. announced the establishment of a Worldwide Consumer Foods Group Wednesday.
Maritime
STATE DEPARTMENT DENIES OVERRATING TOKYO OFFER INDUSTRY: PUBLIC WORKS CONCESSIONS INADEQUATE
Keith M. Rockwell |
The State Department is under considerable fire from industry and some administration officials for
NEDLLOYD-SHAREHOLDER RIFT COMING TO A HEAD
Bruce Barnard |
Nedlloyd, the giant Dutch transport and energy group, is locked in a fierce battle with a group of d
BOOZ, ALLEN WILL PAY SC PORTS DAMAGES
Craig Dunlap |
The consulting firm of Booz, Allen & Hamilton Inc. has apologized and agreed to pay$150,000 to the S
PLASTICS CORNER OCCIDENTAL PROVIDES PVC TECHNOLOGY FOR SHANGHAI PLANT
Journal of Commerce Staff |
Occidental Petroleum Corp. announced that the company has signed a contract with Shanghai-based Sitc
UK PLANS RECORD TRANSPORTATION OUTLAY
Edwin Unsworth |
The British government disclosed Wednesday that it is planning record spending on improvements to tr
Rail News
RAIL BRIEFS
From Wire and Staff Reports |
SFSP Finalizes Sale Of Bankers to CiticorpCiticorp and Santa Fe Southern Pacific Corp. have
Rail News
GEARING UP FOR HIGH SEAS VOYAGE
JOC Staff |
Gears from the Puna Sugar Mill in Hawaii were loaded recently at the port of Honolulu aboard the Lai
Maritime
TRUCKING BRIEFS
From Wire and Staff Reports |
Union Threatens Strike At GM Truck PlantsPONTIAC, Mich. - The United Auto Workers union has
Trucking News
AUSTRALIA EXPECTS TO BENEFIT IF JAPAN OPENS BEEF MARKET
Vincent W. Stove |
Australian cattlemen believe they will be the immediate beneficiaries if the United States succeeds
Maritime
US SUGAR SECTOR OPTIMISTIC ON RETAINING CURRENT PROGRAM
Sue Kirchhoff |
U.S. sugar producers are increasingly optimistic that the current U.S. sugar program will remain int
Maritime
XEROX INTRODUCES NEW TYPEWRITER
(Ap) |
Xerox Corp. introduced a new electronic typewriter Tuesday that has an attached computer screen to d
HONG KONG POLICE SEEKING BROTHERS IN BANK FRAUD
P.T. Bangsberg |
Police are searching for two brothers arrested in connection with the bankruptcy of a local bank aft
THREE COMPANIES COMPETE FOR GAS PIPELINE CONTRACT
John Maggs |
New federal regulations have triggered a fierce competition between three natural gas pipeline compa
CALIF. LAWMAKER URGES PROBE INTO AEROSPACE DISCRIMINATION
Journal of Commerce Staff (AP) |
Rep. Augustus Hawkins, D-Calif., has called on the General Accounting Office to investigate allegati
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
LTV Missile Unit Gets Chilean Aviation JobBUFFALO, N.Y. - LTV Missiles and Electronics Group
Air Cargo
CANADIAN BILL WOULD END GRAIN STRIKE
Knight-Ridder Financial |
Legislation to end the grain handlers' strike at the port of Prince Rupert passed through the House
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
EXPORT BRIEFS
Wire and Staff Reports |
Joint Venture Hotels Banned for '88 in ChinaChina will not approve the construction of new j
Maritime
AEROSPACE GROUP REPORT URGES NATIONAL COMMITMENT
(Ap) |
A prominent aerospace organization is calling for a national commitment to a vigorous space program
US HEALTH-CARE SPENDING RISING AT FEVERISH PACE
Paula L. Green |
In 1985, health-care spending in the United States outstripped 21 foreign countries by 40 percent as
TRANS-SOVIET BOX SERVICE TO EXPAND
Albert Axebank |
The Trans-Soviet container service linking the Orient and Western Europe will see dynamic expansion
INSURANCE BRIEFS
From Wire and Staff Reports |
Mass. Blues Drop Plan To Reduce Work ForceBlue Cross-Blue Shield of Massachusetts says it ha
$750,000 AWARDED IN MALPRACTICE CASE INVOLVING AIDS
(Ap) |
A jury has awarded an AIDS victim and her sons $750,000 in what was described as the first medical m
PORT OF LOS ANGELES RE-ENTERS CHICAGO SCENE
Bill Mongelluzzo |
The port of Los Angeles sees strong growth potential in serving the Midwest, and is re-establishing
JAPANESE PRODUCERS BOOST US SALES OF MEDIUM TRUCKS
Michael S. Lelyveld |
A new economic law in the U.S. commercial truck market says that when thedollar goes up, Ja
TRUCKING BRIEFS
From Wire and Staff Reports |
Matlack Celebrating Its 100th BirthdayWILMINGTON, Del. - Matlack Inc. will be celebrating it
Trucking News
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