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Platts Containers Update
SENATOR TO CHARTER SHIPS JUST ORDERED
Jon Jacobs |
Senator Linie GmbH of Bremen, West Germany, said Thursday that two new containerships have been orde
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year2/9 2/8 Ch
HIGH-TECH TO REACH DOWN FOR THE LOWLY CONSUMER
(Reuter) |
This is the year when many high-tech marvels developed over the past few years - from facsimile mach
Maritime
SHIPOWNER FILES FOR PROTECTION
Gloria Joseph |
Owners of the S.S. Monterey have filed for protection from bankruptcy, but the operator of this inte
Maritime
SHORTAGES THREATEN GULF COAST BOOM IN PETROCHEMICALS
From Wire Reports |
Shortages in equipment, manufacturing facilities and personnel could force the cancellation of many
CHEMICAL EARNINGS
From Wire and Staff Reports |
NET NEARLY DOUBLES AT STONE CONTAINERStone Container Corp., Chicago, said that for the fourt
CORRECTION
JOC Staff |
Canadian Prime Minister Brian Mulroney has no plans to speak at a conference on Electronic Data Inte
BALTIC FREIGHT INDEX
JOC Staff |
1526 (Feb. 9, 1989) Previous day - 1533 The Baltic International Freight Futures Exchange in
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
LONDON INSURERS EASE GULF WAR-RISK RATESAfter seven years of the Iran-Iraq war, London's mar
PROP. 103 TOPS AGENDA AT NY AGENTS MEETING
Journal of Commerce Special |
The start of what was to have been a quiet year for insurance legislation was loudly interrupted as
AUSTRALIAN LIFE FIRM MOVES UP IN SALES
Vincent W. Stove |
For the first time in more than 100 years, Australia has a new sales leader in the life insurance in
ROSTENKOWSKI SET TO RESIST CAPITAL GAINS TAX CUT
From Wire Reports |
Rep. Dan Rostenkowski, Democratic chairman of the tax-writing House Ways and Means Committee, said T
NEWS SUMMARY
JOC Staff |
* Russ Banham - Inside Talk on Insurance 5A * Howard Simon - Simon Says 6A* Gary Hufbauer -
AUTO PRODUCTION DEPRESSED FOR WEEK
JOC Staff |
Domestic automakers were scheduled to produce 242,951 cars and light trucks this week, down from las
ALASKAN PORTS SEEK POLAR ROUTE
John Davies |
Alaskan ports are asking the Soviet government to start moving U.S. cargo through an icy Siberian ch
USDA MAY OPEN BIDDING FOR FOOD AID TRANSPORT
Rose A. Horowitz |
The U.S. Agriculture Department is moving toward an open bidding system for transporting U.S. food a
ROUSSEL-UCLAF ACQUIRES 20 PERCENT STAKE IN JOUVEINAL
Barbara Casassus |
Roussel-Uclaf has taken a 20 percent stake in the French pharmaceuticals manufacturer Jouveinal and
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Thu. Feb. 9, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
PEOPLE - MARITIME
From Wire and Staff Reports |
BLUE STAR LINE LTD. (San Francisco) - Larry Barber was named assistant to the equipment manager for
Maritime
DANISH FERRIES COLLIDE OFF FUNEN ISLAND
(Ap) |
Two Danish car and passenger ferries collided Thursday off the central island of Funen, killing one
Maritime
CONTAINER INDUSTRY EDI COUNCIL SETS FIRST MEETING
Tony Seideman |
The container industry doesn't want to get boxed in when it comes to electronic data interchange.
RUSS BANHAM'S - INSIDE TALK
Russ Banham |
I GUESS WHEN YOU GOT IT, spend it. California voters last fall were shocked to hear that var
VARIETY OF INSURANCE BILLS EXAMINED IN NEW JERSEY
From Wire and Staff Reports |
This was a big week for insurance-related bills in New Jersey. Bills dealing with auto insur
SLOWER GROWTH FORECAST AS INFLATION, UNEMPLOYMENT RISE
Journal of Commerce Staff |
The U.S. economy will continue to expand this year but slower than in 1988 while inflation and the u
OUTLOOK FOR BUNKER FUEL MARKET IS BLEAK, INDUSTRY SOURCES SAY
Michael Goldstein |
The battle for profit in bunker fuel might be likened to a medieval joust, where oil companies head
NATION'S CAPITAL EYES HANDGUN LAW
JOC Staff |
Handgun manufacturers and sellers would be liable for injuries and deaths caused by the weapons, und
TEXAS AIR REPORTS LOSS FOR QUARTER, YEAR
Journal of Commerce Staff |
Texas Air Corp. Thursday reported a fourth quarter consolidated net loss of $224.4 million, or $5.78
Air Cargo
TRANSPORT CALENDAR
From Wire and Staff Reports |
The Journal of Commerce Transportation Table, Feb. 10. National Press Building, Washington, D.C. Ric
Air Cargo
NEW DATA SERVICE TRACKS CARGO FOR 18-MONTH PERIOD
Journal of Commerce Staff |
The Journal of Commerce, with today's issue, begins publishing a monthly chart and table of air carg
Air Cargo
MAN-MADE FIBER SHIPMENTS RISE
Journal of Commerce Staff |
Manufactured fiber shipments reached 799 million pounds in December, 4 percent above the 769 million
ECUADOR TO GET $1 BILLION FOR DEVELOPMENT PROJECTS
From Wire Reports |
Ecuador's President Rodrigo Borja announced that his nation would receive more than $1 billion in cr
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 |
Feb. 9, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
CHAO ASSURES VENDORS ON NEW TARIFF SYSTEM
WILLIAM DiBENEDETTO |
The two-year debate over public access to government maritime tariff information in the electronic a
Maritime
BAYTREE'S OFFER TO BUY TRUCKER IS SHORT-LIVED
Leo Abruzzese |
A controversial Chicago investors group made an offer to acquire P.A.M. Transportation Services Inc.
Trucking News
INSURERS REMAIN WARY OF RETURN TO POLLUTION LIABILITY MARKET
Laura Raley Borda |
New Superfund reporting requirements may help insurers deal with toxic chemical accidents, but they
ECONOMIC DATA ABROAD
From Wire Reports |
W. GERMANY'S PRICES ROSE 1.2 PERCENT IN 1988BONN, West Germany - West German consumer prices
BUSINESSES URGED TO HELP MINORITY FIRMS TO EXPORT
Rosalind Rachid |
The head of a major U.S. multinational concern has called on his peers to rally behind another effor
JOHN BOYD'S - ECONOMIC BEAT
John Boyd |
A POLICY DRIFT, a veritable black hole of long-term direction, seems to be dominating various crucia
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