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Commentary
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TEAMSTERS: JUSTICE OFFER DIDN'T STAND CHANCE
Leo Abruzzese |
The Justice Department's proposed settlement of its racketeering suit against the Teamsters union ne
Trucking News
COAL EXPORTS FROM US GULF ROSE DESPITE 1988'S WITHERING DROUGHT
Marie Prat |
Overseas coal exports through the Gulf of Mexico were up in 1988, despite a summer drought that brou
Rail News
FREIGHT RATE FUTURES
JOC Staff |
Jan. 31, 1989 Baltic International Freight Futures Exchange*PrevClose High Low V
Maritime
LABOR BACKS ISC PLAN TO BUY WATERMAN
Robert F. Morison |
Three maritime labor organizations are supporting International Shipholding Corp.'s planned $34 mill
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
LOWER MARK HIKES INFLATION THREAT
Knight-Ridder Financial |
The depreciation of the deutsche mark raised the danger in West Germany of imported inflation, Bunde
COST OF CREDIT
JOC Staff |
Tue., Jan. 31, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
SEVERE ALASKAN WEATHER FREEZES SOME SHIPPING
Mark Magnier |
Alaskan shipping and commerce has been hit hard by the cold snap that has sent temperatures plunging
INTERMODAL EVOLUTION WILL REQUIRE BROAD COOPERATION BY ALL PARTIES
William Mongelluzzo |
Intermodalism in the 1990s will be marked by on-dock train loading, a paperless exchange of document
BUSINESS SOARS FOR GROUP THAT AIDS SMALL FIRMS
John Davies |
For years, Steve Hatch ran trade shows that showed Japanese exporters how to ship billions of dollar
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
BAKER CALLS FOR CUTS IN CFC EMISSIONSSecretary of State James Baker called Monday for immedi
MATSON SEEKS RULING IN JURISDICTION FIGHT
Journal of Commerce Staff |
Matson Navigation Co., San Francisco, Calif., again wants the Federal Maritime Commission to resolve
Maritime
DOLLAR MOVES HIGHER IN SEESAW-LIKE TRADING
Knight-Ridder Financial |
The U.S. dollar turned mostly higher late Monday, in a seesaw market. Dealers were hard pressed to e
SOVIET MANAGERS LEARNING CAPITALIST SKILLS
(Reuter) |
A German gave Russia communism, and now Soviet businessmen and academics are returning for a dose of
Maritime
US, CHINESE CONCERNS FORM JOINT VENTURE TO MAKE AUTO PARTS
P.T. Bangsberg |
China's high-profile investment group has formed a joint venture with a U.S. company to manufacture
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
MARITRANS PARTNERS EXPANDS COASTAL FLEETMaritrans Partners L.P., a tugboat and barge operato
Maritime
TRANSPORTATION DILEMMA PLAGUES LAKEWOOD
Gregory S. Johnson |
The head of Lakewood Industries Inc. believes his machinery problems will be over by the spring. He
Transport, Trade and Regulation News
NATIONALE-NEDERLANDEN UNIT TO ACQUIRE SOUTHLAND LIFE
Journal of Commerce Staff |
Nationale-Nederlanden N.V. announced that its U.S. subsidiary, GeorgiaUS Corp., has entered into a d
SHANGHAI IS SHORT OF PORT FUNDS
P.T. Bangsberg |
The Port of Shanghai, China's biggest and most congested, needs some US$188 million for technical re
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 30, 1989 Baltic International Freight Futures Exchange*PrevClose High Low V
Maritime
COAL SHORTAGE COULD PULL PLUG ON CHINA'S NEW YEAR CELEBRATION
(Reuter) |
China, with a third of industry already idle because of energy shortages, faces nationwide power cut
ITALIAN LEADERS, STRIKING DOCKERS TO MEET TODAY
John Perrotta |
Striking longshore union leaders and top Italian politicians are scheduled to meet today in the hop
Maritime
CHICAGO EXPECTS TO MATCH '88 VOLUME
Anita Schrodt |
The Illinois International Port District, which operates the Port of Chicago, is expecting cargo vol
Maritime
OPEC PRODUCTION REMAINS OVER 20 MILLION BARRELS DAILY
James M. Nevler |
Following the December meeting of the Organization of Petroleum Exporting Countries, the oil market
ALBERT L. KRAUS - MARKETS & MONEY
Albert L. Kraus |
THERE IS ONLY ONE THING WORSE than not getting what you want and that is getting it. That observatio
COMMODITY BRIEFS
JOC Staff |
ICO COFFEE SHIPMENTS FAIL TO REACH QUOTALONDON - Producing members of the International Coff
US, CHINA MAY KEEP PACT ON SCIENCE, TECHNOLOGY IN FORCE
Cristina Lee |
The U.S.-China science and technology pact, which expires today, will likely remain in force until a
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
THE ECONOMY
From Wire Reports |
US PERSONAL INCOME ROSE 0.9 PERCENT IN DECEMBERAmericans' personal income rose 0.9 percent i
JAPAN STRIVES TO IMPROVE RESEARCH
(Reuter) |
Some Japanese scientists say their country must reform its research establishment into one that prod
PEOPLE - MARITIME
From Wire and Staff Reports |
GULFSHIP MARINE INC. (New Orleans) - Frank Pizzitola was named manager of the steamship agent's Afri
Maritime
MEDITERRANEAN SHIPPING SOON WILL REPLACE TWO VESSELS
David F. White |
Mediterranean Shipping Co. said it will soon deploy two new roll-on roll-off containerships in servi
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
MOBIL NORTH SEA FINDS GAS IN SOUTHERN BASINMobil Corp. said Monday that its British affiliat
CONNECTICUT GROUP AIMS LETTER BARRAGE AT IROQUOIS PIPELINE
(Ap) |
Shelton and Monroe residents are gearing up to block the proposed Iroquois natural gas pipeline, whi
TWO MEMBERS ATTACK ICC'S GUILFORD RULING
Howard S. Abramson |
Two of the Interstate Commerce Commission's five members denounced its decision to alter a landmark
Rail News
NEWEST BOEING JET DRAWS ATTENTION DURING MONT. TESTS
John Davies |
When the occasional 747 lands in Great Falls, it's usually a well-worn cargo plane about to fly cont
Air Cargo
EX-IM BANK: BRAZIL GETTING FUNDS
James Bruce |
Significant U.S. Ex-Im Bank credits for Brazil are being approved and released in a routine manner,
SURGING YEN HELPS CURB JAPANESE AUTO EXPORTS
A.E. Cullison |
Japanese carmakers exported 6.104 million motor vehicles last year, down 3.2 percent against shipmen
Maritime
DEBATE OVER STEEL QUOTAS HEATS UP
(Ap) |
The new session of Congress signals the beginning of a lobbying war over whether the United States s
Maritime
QUOTA WATCH
Source: American Association of Exporters and Importers |
Textile Quotas to Watch as of 1/28/89* Fully Utilized Textile Quotas as of 1/28/89*Reflects
Maritime
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