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US-JAPANESE LUMBER TALKS END WITHOUT AN AGREEMENT
From Wire Reports |
Trade negotiators ended talks Friday without reaching an agreement on U.S. demands that Japan remove
Maritime
RAIL TRAFFIC UP IN MARCH DESPITE SOFTER ECONOMY COAL SHIPMENTS ESPECIALLY STRONG
Lawrence H Kaufman |
Strong coal shipments propelled rail freight traffic to a 1.5 percent increase in March, but weaknes
AUSTRALIA SWEET ON ORANGES FROM CALIFORNIA JAPANESE BUYING REMAINS FLAT
Wayne Lee |
Airdrome Orchards Inc., an orange grower and packer group based in San Jose, Calif., is used to send
Maritime
COST OF CREDIT
JOC Staff |
Thu, April 13, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
VENEZUELA SEEKING DELAY IN PAYMENTS, OFFICIALS SAY
Knight-Ridder Financial |
Venezuela, with the support of a key U.S. bank, has asked its creditor banks for permission to delay
AMOCO CADIZ PLAN LOOKS PROMISING
Chicago Tribune |
The parties in the Amoco Cadiz oil spill case are assembling an out-of-court settlement that, if acc
CHINA PERMITS LAND LEASING TO LURE FOREIGN INVESTORS
P.T. Bangsberg |
Foreign entities will be allowed to lease land in China's special economic zones and some other area
DOLLAR RISE AGAINST YEN IS EXPECTED TO CONTINUE
Kevin Commins |
The dollar's surge against the yen is slowing, but analysts are skeptical that the trend has turned.
MARITIME BRIEFS
From Wire and Staff Reports |
DULUTH-SUPERIOR PORTS REACH TENTATIVE ACCORDDockworkers at the twin ports of Duluth-Superior
Maritime
HARPER GROUP INC. BUYS UK BUSINESS OF CANADA FORWARDER
Mark Magnier |
Harper Group Inc., a San Francisco-based worldwide freight forwarding firm, has acquired the United
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
US ENDS IMPORT BAN ON INDONESIAN TEXTILESJAKARTA, Indonesia - The United States has decided
Maritime
FREIGHT FUTURES
Barry Parker |
LAST WEEK, FREIGHT FUTURES PRICES groped for a bottom, following a tumultuous three-week slide.<
Maritime
HONG KONG TO UPGRADE AIRPORT AS PLANS FOR NEW ONE ADVANCE
P.T. Bangsberg |
While plans move forward to build a new airport, Hong Kong is spending millions more to keep the cur
PRODUCT LIABILITY LAWS STRUCK DOWN IN GEORGIA
Craig Dunlap |
A Columbus, Ga., federal judge struck down as unconstitutional last week two key product liability p
US COMPANIES AIM TO CLEAN UP IN EASTERN BLOC MARTECH INKS CZECH VENTURE
Duncan Robinson |
One of the companies that helped clean up the Exxon Valdez oil spill wants to try its hand at bright
MOODY'S SAYS IT MAY LOWER RATINGS OF JAPANESE BANKS
From Wire Reports |
Moody's InvestorsService Inc. said it may soon downgrade the credit ratings ofseveral major Japanese
FLEXIBILITY SEEN BOOSTING SOY, COTTON EXPORTS
Knight-Ridder Financial |
The U.S. Department of Agriculture's planting flexibility proposal would significantly increase U.S.
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
WHOLESALE PRICES ROSE 0.7 PERCENT IN JAPAN IN MARCHThe Japanese wholesale price index for Ma
UK UNEMPLOYMENT DECLINES BY 6,800
From Wire Reports |
U.K. seasonally adjusted unemployment fell by 6,800 people in March from February to 1.604 million,
TRAFFIC BRIEFS
Wire and Staff Reports |
CAROLINA FREIGHT UPGRADES KY. TERMINALCHERRYVILLE, N.C. - Carolina Freight Carriers Corp. be
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
HAPAG-LLOYD TO OPEN E. GERMAN SALES OFFICE
Journal of Commerce Staff |
Hapag-Lloyd AG, the West German shipping line, soon will open a sales office in the East German city
Maritime
ASSIGNED RISKPLAN OVERHAUL GETS MIXED REVIEWS IN CALIF.
Jerry Goldberg |
California Insurance Commissioner Roxani Gillespie's new two-tier assigned risk was greeted with con
CHEMICAL BRIEFS
From Wire and Staff Reports |
AIRCO DIVISION SELLS DRY ICE BUSINESSAirco Gases' Carbon Dioxide division sold its Midwest d
ITC CALENDAR MEXICAN TRADE TO BE EXAMINED
Journal of Commerce Staff |
Mexico's measures to open its markets to imports and foreign investment come under scrutiny once aga
Maritime
US FORWARDER IN COURT BATTLE WITH PAKISTAN UNPAID BILLS IN DISPUTE
WILLIAM DiBENEDETTO |
A San Francisco freight forwarder and Pakistan are trading shots over who owes what to whom under a
Maritime
NEWS SUMMARY
JOC Staff |
* Kevin Commins - Currency Forecast 3A * International Trade Commission Calendar 4A* JofC In
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Apr. 12, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
EXPORT BRIEFS
Wire and Staff Reports |
JAPAN, US PLAN TALKS ON SCIENCE, TECHNOLOGYA high-level Japan-U.S. committee on science and
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MACADAMIA MANIA BOOSTS 'SUITCASE' EXPORT TRADE
(Ap) |
Japanese tourists shell out so much money for macadamia nuts when they visit Hawaii that Agriculture
US IMPORTERS RESIST PACIFIC SHIP RATE HIKE
Bill Mongelluzzo |
A classic standoff is developing between companies that import goods from the Far East and the shipp
ANERA MEMBER LINES CITE ECONOMIC FACTORS JUSTIFYING RATE HIKE
Journal of Commerce Staff |
Shipping company executives, especially those whose companies have a reputation for quality service,
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Apr. 12, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
COAL BRIEFS
Wire and Staff Reports |
COLOWYO AGREES TO SELL COAL TO COLORADO-UTEColowyo Coal Co., jointly owned by units of Grace
NATIONAL STARCH BUYS 3 BUSINESSES
Journal of Commerce Staff |
National Starch and Chemical Corp. said in three separate announcements that it acquired a specializ
QUANTUM SELLS ITS 50 PERCENT INTEREST IN RMI TITANIUM
Journal of Commerce Staff |
Quantum Chemical Corp. said it sold its 50 percent interest in RMI Titanium Co. for approximately $9
KODAK OFFERS INCENTIVES TO WOO NEW HOME BUYERS NEAR TANKS
From Wire Reports |
Eastman Kodak Co. is offering a new incentive program to help draw buyers to homes near the company'
COMMODITY BRIEFS
From Wire and Staff Reports |
BAUXITE, ALUMINA OUTPUT UP IN JAMAICAKINGSTON, Jamaica - Jamaica's bauxite output reached 2.
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