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BALTIC FREIGHT INDEX
JOC Staff |
1624 (Mar. 13, 1989) Previous day - 1623 The Baltic International Freight Futures Market in
Maritime
APPEALS COURT SUPPORTS ICC 'INTERSTATE' RULING
Leo Abruzzese |
Freight moving between two points in the same state may qualify as interstate commerce and benefit f
Trucking News
INTERNATIONAL BRIEFS
Wire and Staff Reports |
JAPAN FIRM CHARGED WITH COCOM VIOLATIONA Japanese air conditioner company and one of its man
Maritime
TEAMSTERS AGREE TO UNDERTAKE ELECTION REFORM
PATRICIA McCORMICK |
The leadership of the Teamsters union agreed to election reforms and to the appointment of outsiders
LOST CASE MAY LEAD TO SANTA FE RESHUFFLING
Howard S. Abramson |
Heads are shaking in the railroad industry in the wake of Santa Fe Southern Pacific Corp.'s stunning
AIR ONTARIO JET COVERED BY AT LEAST 3 INSURERS
Cristina Lee |
So far three insurance companies have come forward to say they participated in the hull and liabilit
US AUTOMAKERS FIND IT TOUGH TO CRACK BIG FOREIGN MARKETS
From Wire Reports |
The most ambitious goal of the Big Three U.S. automakers for developing a true global market involve
Maritime
CRB INDEX ENDS MONTH A BIT ABOVE EARLIER LEVEL
Susan Buchanan |
The CRB Futures Index dipped in mid-February, but finished the month at 243.2, slightly above its la
SPOT PRODUCT PRICES
JOC Staff |
Mar. 13, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
ENERGY BRIEFS
Wire and Staff Reports |
MARAD MAY EXPAND RIG TRANSFER RULESA U.S. Maritime Administration proposal would expand its
COURT CONSOLIDATES MASS. AIRPORT SUITS
Journal of Commerce Special |
The U.S. Circuit Court of Appeals here has allowed consolidation of two suits related to the Massach
Air Cargo
FINNISH AIRLINE EXPANDS FLEET, CARGO CAPACITY
Journal of Commerce Special |
Fueled by heady results in 1988, Finnish-flag carrier Finnair is expanding its cargo capacity and pa
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
ARGENTINES TO ACCEPT EASTERN'S AIR TICKETSNEW YORK - Aerolineas Argentinas, the national air
Air Cargo
ELECTRONICS BRIEFS
Wire and Staff Reports |
MOTOROLA RESUMES PRODUCTION OF CHIPSNEW YORK - Motorola Inc. has resumed producing computer
GATT CHIEF SAYS TRADE GROUP CLOSE TO ENDING IMPASSE
From Wire Reports |
The General Agreement on Tariffs and Trade, after three months of intensive negotiations, is closer
Maritime
ICC ACTION TIED TO AMENDMENT OF STAGGERS ACT
Howard S. Abramson |
Sen. John D. Rockefeller IV, D-W.Va., said he will wait for the Interstate Commerce Commission to is
Rail News
FREIGHT RATE FUTURES
JOC Staff |
Mar. 13, 1989 Baltic International Freight Futures Market*PrevClose High Lo
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CURRENCY OPTIONS GAINING ON OVER THE COUNTER MART
Kevin Commins |
When it was disclosed that Andrew Krieger earned $300 million for Bankers Trust trading currency opt
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US TO PROVIDE $450 MILLION BRIDGE LOAN TO VENEZUELA
From Wire Reports |
The Treasury Department said it will provide a $450 million bridge loan to Venezuela in recognition
FINANCIAL BRIEFS
Wire and Staff Reports |
SOVIET UNION FLOATING DEUTSCHE MARK LOANFRANKFURT, West Germany - The Soviet Union is floati
BOISE CASCADE REKINDLES INTEREST IN RAILS
Gregory S. Johnson |
A major New England paper shipper has renewed its love affair with rail now that Guilford Transporta
Transport, Trade and Regulation News
PESTICIDE FEARS CANCEL US APPLE EXPORT ORDER
John Davies |
Worry about the cancer-causing potential of the chemical Alar led a Taiwanese exporter to cancel ord
HAPAG-LLOYD CHAIRMAN SEES DARKER OUTLOOK FOR SHIPPING
Erich E. Toll |
The chairman of Hapag-Lloyd AG said the recent rush of orders for new containerships will result in
Maritime
CHEMICAL BRIEFS
Wire and Staff Reports |
SWITZERLAND CONSIDERS TECHNOLOGY CONTROLSBERN, Switzerland - Switzerland is considering whet
FARMERS TO FIND WILLING LENDERS BUT STIFFER RATES
Lester Aldrich |
U.S. farmers are likely to find their local bankers willing to loan operating capital this spring, b
DATA REVEALA SURPLUS IN '88 CHEMICALS TRADE
John Maggs |
U.S. ports loaded 44 million metric tons of chemicals for export in 1988 and received 32 million met
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
STATE GASOLINE STANDARDS ARE EXPECTED TO PREVAIL
Knight-Ridder Financial |
The Environmental Protection Agency Friday approved a less stringent standard for summer gasoline vo
ENERGY BRIEFS
Wire and Staff Reports |
BECHTEL GETS EXTENSION OF NAVAL RESERVE PACTThe U.S. Department of Energy has extended for f
AIR EXPRESS FIRMS SPLIT OVER STRATEGIES FOR FOREIGN GROWTH
John Davies |
When Airborne Freight Corp. began delivering packages in December for a Japanese express company and
Air Cargo
MARAD PLAN WOULD EXPAND RIG RULES
Journal of Commerce Staff |
A Maritime Administration proposal would expand its foreign transfer regulations to include intra-co
Maritime
PEOPLE - IMPORTS
Wire and Staff Reports |
WORLDS OF WONDER INC. (Fremont, Calif.) - A New York investor group that has agreed to buy this toym
Maritime
FORD'S ROUGE STEEL UNIT TO SELL SHIP OPERATION
Journal of Commerce Staff |
The steelmaking unit of Ford Motor Co. said Monday it has agreed in principle to sell its Great Lake
Maritime
RISING WON, STRIKES HIT S. KOREAN CAR EXPORTS
From Wire Reports |
South Korean car exports fell sharply in the first two months of 1989 duemainly to the effec
Maritime
HOUSE PANEL QUESTIONS DRUG RULES
WILLIAM DiBENEDETTO |
Members of a House maritime committee are concerned that the government's newdrug enforcemen
Maritime
ORE. CONSIDERS BAN ON GENDER-BASED INSURANCE RATING
John Davies |
A package of bills to forbid insurance companies from using sex as a basis for insurance rates again
TUG-BARGE SERVICE ADDS SAVANNAH CALLS
Craig Dunlap |
Carolina Atlantic Transportation Services Inc. will add weekly calls at Savannah, Ga., to its existi
Maritime
EXPORTS BY SEA GROW MORE SLOWLY
Rose A. Horowitz |
U.S. exports carried on oceangoing liners will increase by about 5 percentto 8 percent this year, wh
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