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FREIGHT RATE FUTURES
JOC Staff |
Dec. 30 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
WORLD TODAY
Wire and Staff Reports |
Banks Agree to Unload Former USL ShipsA group of banks that owns eight jumbo containerships
INVESTIGATIONS HIGHLIGHT LOOPHOLES IN TRADE RESTRICTIONS
Mark Magnier |
For some U.S. companies, business is booming in the Middle East. Literally booming. The Iran
US, MEXICO REDUCE CURBS ON STEEL, SPIRITS
Journal of Commerce Staff |
The United States and Mexico announced agreements reducing barriers in steel, beer, wine and distill
5 MANHATTAN POST OFFICES WILL CLOSE ON SATURDAY
Journal of Commerce Staff |
Five Manhattan post offices will shut down window (retail) services for the day on Saturday, Jan. 2,
BMW AMERICA IS 1ST TENANT AT NJ AUTO MARINE TERMINAL
Gloria Joseph |
BMW of North America Inc. will spend $15 million to construct an automobile preparation center at th
Maritime
CHEMICAL MARKETS SALES OF PLASTICS, ELASTOMERS TO RISE
Journal of Commerce Staff |
TOLLAND, Conn. - The combined sales of plastics and elastomers used in the production of flexible tu
GLAXO PROMOTES ULCER DRUG FOR OTHER GASTRIC DISORDERS
Knight-Ridder Newspapers |
Glaxo Holdings PLC, a British pharmaceutical company, says it intends to develop its best-selling ul
RAIL BRIEFS
Wire and Staff Reports |
Service to Remember Amtrak Crash VictimsA memorial service for the 16 passengers and crewmem
Rail News
JURISDICTION BATTLE RESUMES OVER READY RESERVE FLEET
Robert F. Morison |
The issue of whether the Navy or the Maritime Administration ultimately will control the national em
RAILROAD WINS BREATHER
Journal of Commerce Staff |
A renegotiation of a debt package that originally totaled $75 million should make life considerably
Rail News
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
DOLLAR FALL SQUEEZES TEXTILE IMPORTERS
Cristina Lee |
The falling value of the U.S. dollar is taking a toll on the country's textile and apparel importers
JAPANESE SHIPYARDS MAY POOL RESOURCES
A.E. Cullison |
Japan's struggling shipbuilding companies, presumably with tacit concurrence of the country's Fair T
COMPUTERS TO FURTHER CUT PAPER SHUFFLE IN '88
Tony Seideman |
Executives in the electronic data interchange industry expect to turn talk into money at an increasi
PATTERN OF ASIAN EXPORTS SIGNALS CHANGE
P.T. Bangsberg |
Traditional heavy-hitters among East and Southeast Asian exporters to the United States swung marked
Maritime
LASER BEAMS SHED LIGHT ON MOLECULAR MYSTERIES
(Ap) |
Scientists say they used laser beams to watch chemical molecules the instant they were created, an u
PLASTICS CORNER U.S. PLAYING CARD TO SELL UNITS
Journal of Commerce Staff |
U.S. Playing Card subsidiary Uniroyal Plastics Co. agreed to sell its European thermoplastic sheet o
THE ECONOMY LEADING INDICATORS FALL 1.7 PERCENT
Knight-Ridder Financial |
WASHINGTON - Stock prices, vendor performance and a lower money supply pushed the U.S. leading econo
MEXICAN DEBT SWAP PLAN MAY DENT US TWIN DEFICITS
Darrell Delamaide |
Morgan Guaranty's innovative proposal to reorganize some of Mexico's foreign debt is getting a cauti
INTERNATIONAL BRIEFS
Wire and Staff Reports |
S. Korean Trade Team To Hold Talks in USSEOUL, South Korea - A South Korean delegation led b
Transport, Trade and Regulation News
DUTY FREE SHOPPERS LTD. FIGHTS FOR ASIAN AIRPORT CONCESSION
P.T. Bangsberg |
American-based Duty Free Shoppers Ltd. is gearing up for action in Asia, trying to defend one lucrat
SPOT PRODUCT PRICES
JOC Staff |
December 30, 1987 U.S. spot oil products price indications, sellers range, in cents per gall
OIL RESERVES SURGE IN COLOMBIA
Journal of Commerce Staff |
Colombia's oil reserves increased by 300 million barrels to more than 2 billion in 1987, the Mining
THREAT OF LIQUIDATION SPARKED BID FOR PROTECTION, APEX SAYS
Chicago Tribune |
Apex Holding Co., believed to be one of the nation's 10 biggest privately held firms, averted an auc
ECONOMIC CLIMATE MAY CONTINUE TO BE INCLEMENT IN 1988
JOC Staff |
A big question mark hung over the world economy as 1987 ended, with stock markets around the world s
INSURANCE BRIEFS
JOC Staff |
Independents Spared From Tax Year SwitchThe Internal Revenue Services has ruled that indepen
PHILIPPINES TO AID SHIP DISASTER FAMILIES
(Ap) |
President Corazon Aquino said her government will compensate relatives of about 1,600 people killed
Maritime
TRUCKING BRIEFS
Wire and Staff Reports |
Grace Distribution Opens Calif. FacilityNEW YORK - W.R. Grace & Co. subsidiary Grace Distrib
Trucking News
ARAB NATIONS WELCOME UN NAVAL FORCE IN GULF
(Ap) |
Persian Gulf Arab leaders ended a four-day summit Tuesday, denouncing Iran's ''aggressive acts" agai
Maritime
UNITED CHINA AIRLINES DEEMED A GREAT SUCCESS
Charles Barton |
United China Airlines, the most successful of the independent airlines formed in China since the Ch
Air Cargo
PENNZOIL ESTIMATES COST OF BATTLE WITH TEXACO
(Ap) |
Pennzoil Co.'s legal fees and other expenses from its landmark legal battle with Texaco Inc. have be
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Brazilian Living Costs Set Record of 365.96 percentRIO DE JANEIRO, Brazil - The cost of livi
Transport, Trade and Regulation News
FDA, LIQUOR INDUSTRY SET URETHANE LIMIT
(Ap) |
The Food and Drug Administration has agreed to a voluntary plan with the liquor industry to limit th
CHEMICAL BRIEFS
Wire and Staff Reports |
Grace's French Unit Acquires CompanyW.R. Grace & Co. announced that one of its French subsid
BALTIC FREIGHT INDEX
JOC Staff |
1261.5 (Dec. 29) Previous day - 1262.5 The Baltic International Freight Futures Exchange in
Maritime
US TO ISSUE SPECIAL BONDS TO HELP MEXICO PAY DEBTS
Knight-Ridder Financial |
The United States will sell special non-marketable, 20-year zero coupon bonds to help Mexico refinan
ARGENTINA'S CURRENCY DECLINES AMID DOUBTS ON MINISTER'S FUTURE
Jeremy Morgan |
Argentina's austral currency is sliding and interest ratesare soaring amid growing doubts about pros
WORLD TRADE CENTER NETWORK - TRADE LEADS
JOC Staff |
HOW TO USE: These trade leads are supplied through the World Trade Center NETWORK, a service
Maritime
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