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DEMARIANO TO RESIGN POST AT JACKSONVILLE
Craig Dunlap |
The Jacksonville, Fla., port community will lose a bit of its color later this year when Paul D. deM
Maritime
ARGENTINA STRENGTHENS TRADE TIES WITH EUROPEAN COMMUNITY, BRAZIL
Larry Luxner |
Eight years after launching a disastrous war to recover the Falkland (Malvinas) Islands from Great B
Maritime
SMITHKLINE TO SELL TWO EUROPEAN COSMETICS UNITS
Knight-Ridder Financial |
SmithKline Beecham said Wednesday it will sell its Margaret Astor and Lancaster cosmetics units to J
COST OF CREDIT
JOC Staff |
Wed., May 30, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
EXPORT BRIEFS
Wire and Staff Reports |
STATE DEPARTMENT OPPOSES AT&T PLANThe State Department opposes an American Telephone & Teleg
Maritime
SHAREHOLDERS SUE FEDERAL EXPRESS IN WAKE OF STOCK DECLINE
Alan Salomon |
Two shareholder lawsuits against Federal Express Corp., both spurred by the recent decline of the co
SEABROOK SENDS POWER TO CUSTOMERS
From Wire and Staff Reports |
Four years after it was completed and 14 years after construction began, the Seabrook nuclear plant
GASOLINE PRICES EXPECTED TO STEADY ON RISING DEMAND
Knight-Ridder Financial |
Rising demand will steady gasoline prices at current levels and calm fears that high crude inventori
NATIONAL LIFE SUES PHILLIPS PUBLISHING
Kenneth Silverstein |
National Life Insurance Co. of Montpelier, Vt., filed suit last week against the Phillips Publishing
OECD SESSION RAPS US MOVE ON FARM TRADE
Bruce Barnard |
The United States came under fire here for attempting to bring farm trade negotiations from the Gene
PAPERLESS TRADE NOT AS EASY AS EXPECTED
Tony Seideman |
Automation of international trade is proving to be more costly, time- consuming and complex than com
IMPORT BRIEFS
Wire and Staff Reports |
JAPAN EXPECTS 6 PERCENT RISE IN ELECTRONICS EXPORTSThe Electronic Industries Association of
Maritime
CHICAGO, INDIANA PURSUE AIRPORT DEAL
Kevin Commins |
A compromise between Chicago and Indiana that would bolster the prospects for construction of a thir
TRANSPORT EARNINGS
Wire and Staff Reports |
JAPAN AIRLINES EARNINGS RISE 32.6 PERCENT IN FISCAL YEARJapan Airlines earned $147.4 million
SPOT CHEMICAL PRICES
JOC Staff |
As of May 30, 1990 Prices in the spot chemicals table in clude spot quotations or list price
COMMODITY BRIEFS
From Wire and Staff Reports |
MERRILL CONFIRMS TALKS TO BUY ELDERS FUTURESA Merrill Lynch spokesman confirmed that the bro
ROADWAY STILL STUCK AT MEXICAN BORDER TRUCKER SETS UP NEW SERVICE
Journal of Commerce Special |
Roadway Express Inc. has broken new ground in Mexico by setting up a fully integrated warehousing an
NEWS SUMMARY
JOC Staff |
* Trading With Luxembourg 6A * Tom Connors - Washington 10A* Roadway Express Outlines Mexica
OCEAN CARRIERS AIDING TAIWAN'S EDI EFFORTS
Chris Brown |
Seven large ocean carriers are working with the government to develop Taiwan's first electronic data
UK POUND RISES AGAINST THE DOLLAR
Knight-Ridder Financial |
The British pound rose Wednesday on foreign exchange markets following news of a pledge from John Ma
GLOBAL SHIP ORDERS ROSE 12 PERCENT IN QUARTER
Janet Porter |
The world shipbuilding order book climbed by almost 12 percent during the first three months of the
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 30, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
MEXICO TO UPGRADE COPYRIGHT REGULATIONS
From Wire Reports |
Mexican President Carlos Salinas said Tuesday he would introduce legislation to upgrade the country'
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
DELTA HOPES TO SERVE MOSCOW BY MAY 1991Delta Air Lines has filed an application with the U.S
SPOT PRODUCT PRICES
JOC Staff |
May 30, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
PRODUCE, MAGIC KINGDOM HELP SEAL TRADE DEAL
Mark Magnier |
Alex Krychev, president of AKX Importers Inc., has found the secret to successful negotiations with
SUGAR PRICES FALL SHARPLY ON COMMODITY FUND SELLING
From Wire and Staff Reports |
World sugar futures plunged late Wednesday on heavy commodity fund selling. The active March
P-I-E, TEAMSTERS STRIKE DEAL ON TRANSCON WORKER HIRING PLAN
Leo Abruzzese |
P-I-E Nationwide Inc. and the Teamsters union settled an employee hiring dispute arising out of the
BALTIC FREIGHT INDEX
JOC Staff |
1303 (May 30, 1990) Previous day - 1304 The Baltic International Freight Futures Market in L
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
BONN SAYS TIMETABLE FOR UNION TO BE METBONN, West Germany - The West German government said
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
HIGHWAY ACCESS FOR HEAVY RIGS EASEDThe Department of Transportation issued new rules Wednesd
US, SOVIET UNION MOVE SLOWLY ON TAX AND INVESTMENT PACTS NO TARGET DATES SET FOR COMPLETING TALKS
Richard Lawrence |
U.S.-Soviet negotiations toward an investment protection pact and a new tax treaty that American com
Maritime
LUFTHANSA TO BOOST EMPHASIS ON SERVICE TO THE FAR EAST
Edwin Unsworth |
Lufthansa German Airlines said this week it will transfer some freighter capacity from the North Atl
CHINA'S PETROLEUM DEMAND FORECAST TO GROW, BUT SLOWLY
Knight-Ridder Financial |
Petroleum demand in China will continue to grow despite the sharp reduction in imports of crude oil
NYC, CON ED AGREE TO CURB ELECTRIC RATES
(Ap) |
An agreement that will freeze the basic rate for electricity in New York City and Westchester for th
STRIKE FEARS IN BRAZIL TIED TO FIRM PRICE OF ALUMINUM
Jackie Cowhig |
Price premiums on spot shipments of aluminum on the London Metal Exchange strengthened this week ami
ROYAL NEDLLOYD EXPECTS PROFIT TO REMAIN STABLE
Journal of Commerce Staff |
Royal Nedlloyd Group NV is relying on rationalization and asset sales to maintain its forecast profi
Maritime
VESSEL DESIGNER IN HONOLULU HOPES TO CLIP AIRLINES' WINGS
John Davies |
To the delight of $130-a-seat Japanese tourists aboard a prototype vessel co- designed by Steven Lou
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
BRAZIL'S TRADE SURPLUS SEESAWS
Journal of Commerce Special |
Brazil's trade surplus plunged to a two-year low in March before stumbling to recovery in April as t
Maritime
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