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US LOOKS TO ARGENTINA FOR HIGH-QUALITY OATS
Journal of Commerce Staff |
A shortage this year of high-quality oats in the United States is spurring import demand, sources sa
Maritime
IBM, GE INFORMATION OFFER NEW TECHNOLOGY
Tony Seideman |
Looking to cash in on a fast-rising electronic data interchange marketplace, EDI suppliers are offer
JAPANESE RELENT ON PUBLIC WORKS
A.E. Cullison |
The Takeshita administration has decided to allow "qualified" U.S. contractors to bid on specified p
US DOLLAR DRIFTS LOWER DESPITE FED INTERVENTION
Knight-Ridder Financial |
The U.S. dollar drifted lower Tuesday despite two reported instances of Federal Reserve dollar-buyin
WILL SALE LEAD TO TRADING ON ORGANIZED EXCHANGE?
Journal of Commerce Staff |
Burlington Northern Railroad's plan to sell certificates for future railcar movements could be the f
CHEMICAL BRIEFS
From Wire and Staff Reports |
Du Pont Plans Facility In Northern IrelandE.I. du Pont de Nemours & Co. announced plans Tues
OOCL WILL SHIFT MORE OF ITS STAFF TO SOUTHERN CALIF.
Journal of Commerce Staff |
OOCL (USA) Inc. expects to relocate more of its executives from northern California to Southern Cali
Maritime
DRY CARGO RATES CONTINUE RALLY
Journal of Commerce Staff |
The dry cargo futures market in London had one of its busiest days ever Tuesday as shipping freight
Maritime
SPOT PRODUCT PRICES
JOC Staff |
January 12, 1988 U.S. spot oil products price indications, sellers range, in cents per gallo
IRANIAN OIL TEAM DISCUSSES 900-MILE PIPELINE WITH TURKS
(Ap) |
Iran sent a delegation to Istanbul, Turkey, for final negotiations on building a 900-mile pipeline f
OPEC NATIONS OFFER DISCOUNTS TO JAPANESE
Knight-Ridder Financial |
Kuwait, Iraq and Qatar all have started offering market-related pricing to Japanese customers, depre
ENERGY BRIEFS
From Wire and Staff Reports |
Heating Oil Stocks Down in New EnglandNew England heating oil stocks are significantly down
PACCAR OPTIMISTIC ON MID-RANGER DESPITE LOW SALES
Michael S. Lelyveld |
Officials of Paccar Inc. are terming last year's entry into the medium-duty truck market a "very suc
Trucking News
MILITARY SPENDING HIT RECORD IN '87
(Ap) |
Military spending worldwide soared to a new high of about $930 billion in 1987, an annual study rele
BRAZIL HIKES PRICE OF OJ CONCENTRATE
Journal of Commerce Staff |
Brazil has raised its frozen concentrate orange juice prices by 15 cents to $1.86 a pound, industry
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Levi Strauss Plans Hungary Joint VentureBUDAPEST, Hungary - Levi Strauss, the U.S. jeans clo
Maritime
US REITERATES BEEF TRADE PLANS
Knight-Ridder Financial |
U.S. Trade Representative Clayton Yeutter Tuesday assured Australian Cattle Council officials that t
Maritime
WORLD TODAY
From Wire and Staff Reports |
No Recommendation On Hickey SuccessorWhite House Chief of Staff Howard Baker said the questi
COST OF CREDIT
JOC Staff |
Tue., Jan. 12, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FULLY LOADED TANKER SET ABLAZE BY MISSILES
(Ap) |
Firefighters on Tuesday struggled against flames raging aboard a gasoline- laden Greek tanker struck
Maritime
ALASKA COAL FACES TEST IN JAPAN
Tim Sansbury |
While administration trade officials are set this week to vent their dissatisfaction about declining
CRUDE PRICES DIP BELOW $16 BEFORE RECOVERY ON NYMEX
John Maggs |
Crude oil prices sank below $16 a barrel in early trading on the New York Mercantile Exchange Tuesda
AVIATION BRIEFS
From Wire and Staff Reports |
Flight Testing Planned For Airbus Jet EngineEAST HARTFORD, Conn. - The V2500 jet engine, bei
Air Cargo
SEA-LAND BETS ON LONG HAUL IN ALASKA
John Davies |
Looking down on the Space Needle from glassed-in suites in the sky, the new Pacific Coast headquarte
Maritime
JAPAN AIMS FOR TOP AID DONOR
A.E. Cullison |
Japan will surpass all other countries as the world's largest donor of official development assistan
TRADE FAIRS
Wire and Staff Reports |
US Exhibitors Sought For Hong Kong ShowMore than 25 Hong Kong importers and national groups
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Derektor Yard Wins Army Tugboat ContractMIDDLETOWN, R.I. - The Robert E. Derektor shipyard o
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Wyatt Withdraws Distillate PostingWyatt Energy Co., New Haven, one of the largest fuel oil w
US COURT PROMISES SPEEDY DECISION IN SHORT-LINE CASE
Howard S. Abramson |
A U.S. appeals court in Philadelphia has promised to render a speedy decision in a landmark short-li
Rail News
2 SHIPS NET $33 MILLION IN LTV SALE
James Nolan |
Belgian shipowners outbid Greek interests Monday in a bankruptcy sale to buytwo big dry bulk carrier
Maritime
SNOW-FIGHTERS FIND WEATHER IS FINE
Journal of Commerce Staff |
The weather in the Northeast is just peachy for the 1988 Professional Snowfighting School. T
Trucking News
SOVIET AIRLINE UNDER FIRE
(Ap) |
The pilot fumed as he pushed through the cabin of the Aeroflot jet. It was 2 a.m., and he had found
Air Cargo
MICROWAVE LANDING SYSTEM: FUTURE IN DOUBT ONCE AGAIN
Dave Higdon |
Once again the future of the $1.5 billion microwave landing system program appears in jeopardy due t
Air Cargo
CONGRESSMAN CRITICIZES YEAR-END DRUG CLEARANCES
Kenneth Reid |
About 71 percent of the new chemical entities approved for marketing in 1987 by the Food & Drug Admi
CHINA CONSIDERS CHANGES IN BUSINESS POLICIES
(Ap) |
China's top legislative body began Monday discussing a draft law on separating ownership and managem
Maritime
FORMER LLOYD'S BROKERS FACE FRAUD CHARGES
Edwin Unsworth |
Two former Lloyd's of London brokers and an accomplice were charged in a London court Monday with a
US TEXTILE MILLS LOOK TO FIRST QUARTER
Knight-Ridder Financial |
U.S. textile mills are looking to the first quarter of 1988 as a barometer, in the wake of uneasines
Maritime
MALAYSIAN COMPANY OPTIMISTIC ON '88 EXPLORATION VENTURES
P.T. Bangsberg |
Petronas, the state energy monopoly of Malaysia, will face little difficulty in attracting oil major
COUNTERTRADE TECHNIQUE LANDS BOEING BIG ORDER
Marion Cotter |
No one wants to land a major export contract by promising in advance to major foreign purchases, say
BANK UNIT GETS GO-AHEAD TO OFFER COMBINED SERVICES
Leah R. Young |
The Supreme Court gave the go-ahead Monday to bank subsidiaries offering both investment advice and
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