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Platts Containers Update
FOUR MORE CONFERENCES WANT LOYALTY CONTRACTS
Journal of Commerce Staff |
Four more ocean carrier rate-making conferences want to turn to loyalty contracts binding shippers t
Maritime
TAIWAN EXPECTS DECLINE IN TRADE SURPLUS IN '88
P.T. Bangsberg |
Economic growth in Taiwan is likely to slow to single figures and itsmushrooming trade surplus to sh
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
USDA Forecasts Record Coffee HarvestThe world coffee crop production estimate for 1987-88 ha
Maritime
CONSUMER GOODS TOP CHINESE BUYERS' LISTS
Gary Aderman |
You just can't keep a budding capitalist down, not even, it seems, with the threat of a firing squad
Maritime
JAPAN'S TRADE SURPLUS WITH THE US DECLINES
A.E. Cullison |
Japanese imports from the United States rose 40.1 percent in November over the same month last year,
MINET HOLDINGS OKS ST. PAUL TAKEOVER BID
Journal of Commerce Staff |
Minet Holdings PLC, a London-based insurance holding company and the eighth largest insurance broker
SENATE PREPARES TO DEBATE CUTS IN BUDGET DEFICIT
Knight-Ridder Financial |
The Senate voted Thursday to clear the way for consideration of federal budget deficit-reduction leg
JUDGE ORDERS SALE OF 2 USL SHIPS
John Davies |
A federal judge Thursday ordered the sale of two of United States Lines' idled Econships in Seattle
Maritime
EXXON INCREASES NEO ACID CAPACITY
Journal of Commerce Staff |
Exxon Chemical Co. is expanding production of neo acids by 50 percent at its Baton Rouge, La., chemi
BRAZIL'S FUEL INDUSTRY FACES TRADE DILEMMA
James Bruce |
Brazil hopes to continue exporting surplus gasoline to the United States, unless the United States d
SIBLING RIVALRY: EUROPE'S RAILS VIE WITH AIRLINES
Christopher Lofting |
Fortunately, for U.S. domestic airlines, long distances between America's cities and the need for fa
Air Cargo
IRAQ CLAIMS HITS ON SHIP OFF IRAN
(Ap) |
Iraq said its warplanes attacked a ship off Iran on Thursday, and Lloyd's Shipping Intelligence Unit
Maritime
CANADIAN TREE IN MANHATTAN
JOC Staff |
Atlantic Container Line carried this Canadian Balsam from Nova Scotia by sea and land to its ceremon
Maritime
BUNGLING BLAMED IN SALE OF TECHNOLOGY TO USSR
(Ap) |
Government bungling allowed the Soviet Union to purchase a nearly complete plant to make high-techno
Maritime
W. GERMAN BANKERS HIT CAPITAL PROPOSAL
Knight-Ridder Financial |
Proposals to unify the capital adequacy ratios of banks operating internationally would extend and d
RAIL AGENCY TO FINE SPRINGFIELD TERMINAL
Howard S. Abramson |
Federal Railroad Administrator John H. Riley revealed that he intends to fine Springfield Terminal R
ENERGY BRIEFS
From Wire and Staff Reports |
Big Savings Projected From Utility MergerPORTLAND, Ore. - PacifiCorp projects that its pendi
IRANIAN SEES NO ACCORD UNLESS OIL PRICE IS RAISED
Wire and Staff Report |
Iranian Oil Minister Gholamreza Aghazadeh said Thursday he doubted that any accord by OPEC ministers
SINGAPORE TAKES LEAD IN PACIFIC RIM
John Kelley |
For its current advertising campaign, Singapore Airlines relies on beautiful girls and prospects in
Air Cargo
RAILS TAKE GENTLE ROUTE TO ENCOURAGE EDI USE
Tony Seideman |
Railroads are using sweet words and financial sugar to encourage their customers to use electronic d
Rail News
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Gorbachev Seen Positive on Grain TradeSoviet Leader Mikhail Gorbachev said the U.S.-U.S.S.R.
Transport, Trade and Regulation News
EUROPEANS EXPECT US DEFICIT TO LINGER
Journal of Commerce Staff |
The record U.S. trade deficit in October is likely to be followed by several more disappointing mont
NY EMPLOYEES' UNION FILES SUIT TO HALT HEALTH PLAN RATE HIKES
Journal of Commerce Staff |
New York's major public employee labor unions filed a lawsuit Thursday seeking to halt the average 6
WORLD TODAY
From Wire and Staff Reports |
Canada Puts Emphasis On Rebuilding Its NavyCanada has no immediate plans to strengthen its m
ENERGY BRIEFS
From Wire and Staff Reports |
BP Says Kuwaiti Stake Now Stands at 11.52 percentBritish Petroleum Co. PLC said Thursday tha
ENERGY BRIEFS
From Wire and Staff Reports |
Mobil to Explore On Pueblo ReservationALBUQUERQUE, N.M., - Mobil Oil Corp. reached an agreem
ARGENTINE STRIKE PARALYZES CARGO
Knight-Ridder Financial |
Grain and general cargo movement has been paralyzed at Argentina's Parana River and Atlantic Ocean p
Maritime
TOXIC FUEL SHIPMENTS HALTED
(Ap) |
Shipments of toxic rocket fuel to Vandenberg Air Force Base have been halted temporarily following c
Trucking News
PORT PLANS FLOOD CONTROL
Marie Prat |
The New Orleans Dock Board, which has bandaged its financial wounds, approved a $5.6 million project
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BARGES, RAILS VIE FOR COAL CONTRACTS
Tim Sansbury |
December is a hot month for barge and railroad companies competing for contracts to haul coal next y
STAGGERS HAS MEANT A GREAT DEAL IN THE IMPROVEMENT OF RAIL SAFETY
Journal of Commerce Staff Report |
Legislative efforts to alter the Staggers Rail Act: . . . We will continue to vigorously opp
MASS. LAWMAKERS DEBATE AUTO INSURANCE REFORM BILL
TOM McNIFF JR. |
An auto insurance reform bill under debate in the Massachusetts House of Representatives may impact
GETTY NET INCOME ROSE FOR QUARTER
Journal of Commerce Staff |
Getty Petroleum Corp. reported net income for the third quarter ended Oct. 31 rose to $4.8 million,
BLUE CHIP SURVEY STILL OPTIMISTIC
Knight-Ridder Financial |
The Blue Chip Economic Indicators latest monthly survey said a depression is unlikely for the next f
CORRECTION
JOC Staff |
An article in the On the Move column on Dec. 7 about the resignation of Maryland Insurance Commissio
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
PACIFIC NORTHWEST QUAKE THREAT EYED
(Ap) |
The smoothness with which a major slab of the earth's outer shell moves under another slab may deter
DOLLAR FALLS TO RECORD LOW, COULD BE BOTTOMING OUT
Gordon Platt |
Analysts and economists said the dollar could be bottoming out in the wake of the stunningly bad Oct
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