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SPOT PRODUCT PRICES
JOC Staff |
September 8, 1987 U.S. spot oil products price indications, sellers range, in cents per gall
IRAN LEADS OPEC IN SUDDEN OUTPUT RISE
Susan Sachs |
Iran apparently took advantage of a respite from Iraqi bombings during most of August and led OPEC i
WEST GERMAN COMPANY BOOSTS SALES IN US MARKET
Erich E. Toll |
Dornier GmbH, the West German aerospace company, is currently negotiating the possible sale of up to
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
Midway Airlines Plans Public Stock OfferingMidway Airlines has filed a registration statemen
Air Cargo
TRUCKING BRIEFS
From Wire and Staff Reports |
ABF Freight Relocates Puerto Rico FacilitiesCATANO, Puerto Rico - ABF Freight System Inc. ha
Trucking News
50-MILE RULE BACK IN ILA'S SPOTLIGHT
Joseph Bonney |
International Longshoremen's Association leaders from Maine to Texas gather today in Tampa, Fla., for meetings that the union's new president, John Bowers, calls the most important ones in ILA history."
Longshore labor
CRIMINAL CASE POSSIBLE IN ZEEBRUGGE DISASTER
(Ap) |
A coroner Monday opened an inquest into the deaths of 188 people in the Zeebrugge ferry disaster, te
Maritime
SIME DARBY POSTS 19 PERCENT RISE IN PROFIT
P.T. Bangsberg |
Sime Darby, the diversified Malaysian plantation, real estate and trading conglomerate, shows a 19 p
OLYMPIC TICKET SALES
(Ap) |
Tickets for the 1988 Seoul Olympics will go on sale in 65 nations Oct. 1, officials announced.
DOLLAR FAILS TO DETER US TRAVEL TO EUROPE
(Ap) |
Undaunted by the weak dollar, Americans crossed the Atlantic in droves this summer, boosting tourism
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Belcher May Abandon Terminal in New YorkBelcher Co. of New York is strongly considering disc
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CONRAIL SCRAPS PLASTIC RATES
Journal of Commerce Staff |
The Interstate Commerce Commission has refused to suspend or investigate Conrail's decision to scrap
Rail News
WORLD TODAY
Wire and Staff Reports |
Chrysler Will Return To European MarketFord Motor Co. said it plans to sell U.S.-made cars i
INTERMODAL PARLEY FACES BIG AGENDA
Tony Seideman |
Tight transportation industry profits, a balance of trade that has seen shipments drop significantly
BRAZILIAN MINISTER EASES DEBT DEMANDS
Journal of Commerce Staff |
Brazilian Finance Minister Luiz Carlos Bresser Pereira markedly softened his proposal that creditor
TAIWAN PREDICTS HIGHER SURPLUS IN US TRADE
JAMES McGREGOR |
Taiwan predicts it will continue to sell far more goods to the United States than it will buy from f
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Ecuador's Production Nearly Back to NormalQUITO, Ecuador - Ecuador's oil production reached
HOECHST CELANESE, SUMITOMO PLAN OPTICAL DISK PROJECT
Journal of Commerce Staff |
Hoechst Celanese and Sumitomo Chemical Co. announced they will jointly develop organic dye-based Wri
CHEMICAL BRIEFS
Wire and Staff Reports |
Kodak Acquires Biotechnology FirmROCHESTER, N.Y. - Eastman Kodak Co. announced it has comple
UK UNVEILS POLICY TO REGAIN TOP ROLE IN GLOBAL SCIENCE
(Ap) |
The British discovered gravity, split the atom and brought the first test- tube baby into the world,
FESCO LINES TO RESUME NORTH PACIFIC SERVICE
Mark Wilson |
A Soviet shipping line is to resume trans-Pacific service to Vancouver after an absence of two years
Maritime
CARRIERS SEEK AGENCY NOD ON ACCORD
Journal of Commerce Staff |
A new grouping of carriers is seeking Federal Maritime Commission permission for a new cooperative a
Maritime
SOFTWARE PACKAGE ALLOWS AUTOMATED LEASING, RENTAL
Tony Seideman |
Truck leasing companies that need to have their computers talk to each other have a new tool.
Trucking News
FLOATING CRANES AVAILABLE TO BALTIMORE
Journal of Commerce Staff |
The Maryland Port Administration has signed an agreement making two heavy- lift floating derricks av
Maritime
WEST GERMANS TOP TRAVELERS
(Ap) |
West Germans have become the world's No. 1 foreign travelers, lured abroad by cheaper tours and a s
DE LA MADRID MAKES VOW TO KEEP PURSE STRINGS TAUT
Stanford Erickson |
In 45 days or so Mexico's President Miguel de la Madrid and the Institutional Revolutionary Party wi
COMPANIES JOIN TO OFFER INSURANCE FOR OIL PRICES
Sam Glasser |
As any heating oil marketer knows, volatile oil prices can wreak havoc on business - getting caught
TRADE BILL CONFRONTS CONGRESS
A Staff Report |
Congress returns from its August recess today to face a heavy agenda of legislation affecting busine
MASS., CONN. DIFFER ON COMMUTER HUB
TOM MCNIFF Jr. |
The Massachusetts Port Authority and Connecticut aviation officials appear to have different concept
Air Cargo
BN FOUNDATION AWARDS GRANT
Journal of Commerce Staff |
The Burlington Northern Foundation has awarded a major grant to Pacific Celebration '89, the interna
Rail News
INVESTOR GROUP OFFERS TO BUY SPHERE DRAKE
Journal of Commerce Staff |
A group of investors has offered to buy Sphere Drake Insurance Group PLC and related subsidiaries fr
PLASTICS CORNER
Journal of Commerce Staff |
Himont USA to Hike Polypropylene PricesWILMINGTON, Del. - Effective Oct. 1, 1987, Himont U.S
DEBT LOAD MAY FORCE LIQUIDATION OF SCINDIA
Neel Patri |
There appears to be no end to the troubles of Scindia Steam Navigation Co., in heavy debt and in the
Maritime
UAW CLAIMS VICTORY IN DISPUTE WITH MACK
Michael S. Lelyveld |
The United Auto Workers declared a victory in its dispute with Mack Trucks Inc. as an arbitrator gav
Trucking News
ARGENTINA TRADES GRAIN FOR DREDGING
Knight-Ridder Financial |
Argentina has agreed to pay the Soviet Union in grain and oilseeds to dredge Argentina's Bahia Blanc
Maritime
PANAMA'S BANKS SUFFER WITHDRAWALS
JOC Staff |
Bank customers have transferred more than $1 billion from Panama to banks abroad since late June bec
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
CUSTOMS UPDATE
Customs Update is based on reports from U.S. Customs Service |
ACS/F P&F BILLING SYSTEM - LIQUIDATED DAMAGES CASES: San Diego District. In the near future,the ACS/
Maritime
TRADERS: RISE IN BANK RATE NOT ENOUGH
Kevin Commins |
The half-point increase in U.S. interest rates late last week may be insufficient to arrest the decl
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