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BALTIC FREIGHT INDEX
JOC Staff |
1604 (Jan. 10, 1989) Previous day - 1589 The Baltic International Freight Futures Exchange i
Maritime
SOME MAJOR RAILS LIKELY TO BE FOUND REVENUE ADEQUATE
Leo Abruzzese |
The Interstate Commerce Commission will find that several major railroads earned enough money last y
Rail News
BIOLOGICAL WEAPONS FROM LIBYA FEARED
John Maggs |
Libya may be developing biological weapons many times more dangerous than conventional nerve or must
CONGRESS TO PUSH TRADE POLICY ROLE
Richard Lawrence |
This will be Congress' year of oversight on U.S. trade policy. After enacting two historic t
TAX INCENTIVES MAKE MCLEAN ATTRACTIVE TO ALLEGHENY DEAL
Bruce Vail |
Part of the shipping empire formerly controlled by Malcom McLean may end up as an element of an intr
Maritime
PROPOSED PIPELINE ATTRACTS CUSTOMERS
Journal of Commerce Staff |
Coastal Corp., Houston, and Union Enterprises Ltd., Toronto, Monday announced that Kamine Engineerin
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These*trade*leads are supplied through the*World*Trade*Center*NETW ORK, a service of
Maritime
AMOCO CHEMICAL TEAM IN PHILIPPINES FOR TALKS
P.T. Bangsberg |
A delegation from Amoco Chemical Co. is visiting the Philippines for talks with officials, giving ri
SHIPYARD PROTESTS CONTINUE IN S. KOREA
(Reuter) |
Thousands of South Korean shipyard workers vowed on Tuesday to continue a month-long strike, urging
Maritime
DOLLAR KEEPS ON RISING DESPITE SALES BY FED
Knight-Ridder Financial |
The U.S. dollar rose to a new 12-week high Tuesday, despite dollar-selling intervention by the U.S.
COST OF CREDIT
JOC Staff |
Tue., Jan. 10, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
BRAZILIAN BUSINESSMEN WELCOME INTRODUCTION OF 'TOURIST DOLLAR'
James Bruce |
Foreign travel costs for Brazilians jumped, but business travelers saw their official expense allowa
JAPANESE BANKS PLAN US SECURITIES UNITS
(Reuter) |
Japanese banks are scrambling to set up securities shops in the United States even though Japan's to
INSURANCE BRIEFS
From Wire and Staff Reports |
GIULIANI RESIGNS; PROBE OF MISSION TO CONTINUEU.S. Attorney Rudolph Giuliani resigned Tuesda
TOKYO ESTABLISHES 4 PERCENT TARGET FOR REAL GROWTH IN FISCAL '89
A.E. Cullison |
The Takeshita administration announced a Japanese economic growth target of 4 percent after inflatio
JAPAN'S AUTO IMPORTS SURGED 37 PERCENT LAST YEAR
A.E. Cullison |
The Japanese imported a record 133,583 foreign manufactured autos last year, a whopping increase of
REAGAN PUSHES MODIFIED FEE FOR CUSTOMS
Richard Lawrence |
A modified Customs user fee and a bigger staff to handle complaints against low-priced imports are a
CENTRAL BANKS ISSUE STATEMENT ON CRIME
(Reuter) |
Western central bankers have joined the fight against international crime, urging banks to make it h
FOREIGN INVESTMENT IN US NOT 'INVASION,' STUDY SAYS
Gordon Platt |
Foreign investors are snapping up U.S. companies at bargain-basement prices, thanks to the lowered v
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year1/9 1/6 Chan
COMMODITY BRIEFS
Wire and Staff Reports |
REAGAN BUDGET HIKES CFTC SPENDING 8.8 PERCENTPresident Reagan's proposed federal budget woul
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
CHEMICAL BRIEFS
Wire and Staff Reports |
NATIONAL STARCH BUYS THIEM FROM KOPPERSBRIDGEWATER, N.J. - National Starch & Chemical Corp.,
CHINESE EXPLORE JOINT VENTURES IN TEXTILES
P.T. Bangsberg |
China's textile industry, smarting under sharply tighter quotas to the United States, is planning mo
Maritime
OPEC IS STILL EXCEEDING ITS QUOTAS, TRADERS SAY
Knight-Ridder Financial |
The Organization of Petroleum Exporting Countries has been producing about 19.5 million barrels of o
ENERGY BRIEFS
Wire and Staff Reports |
APACHE ACQUIRES 50 PERCENT OF CITIZENS CORP.Apache Corp. Monday purchased 50 percent of Citi
TONY SEIDEMAN - EDI EXCHANGE
(By) Tony Seideman |
HE MAY NOT BE LOVED, but he'll be missed - by some people, at least - if he actually does leave.
OOCL TO HIKE SHIP CAPACITY TO EUROPE
Journal of Commerce Staff |
Orient Overseas Container Line said it plans to boost capacity between the Far East and Europe in pr
Maritime
SEAWAY AGENCY WOULD PAY FOR ITSELF
Robert F. Morison |
President Reagan's fiscal 1990 budget formally asks Congress to let the U.S. St. Lawrence Seaway age
Maritime
JAMAICAN TRUCKERS PROTEST PLAN TO SEARCH CONTAINERS FOR DRUGS
Canute James |
Truckers handling most of Jamaica's containerized export cargo say they are suspending their service
Trucking News
ALLEGHENY DEAL MAY INCLUDE PURCHASE OF MCLEAN UNIT
Journal of Commerce Staff |
The former parent of bankrupt United States Lines Inc. may become part of a larger restructuring of
Maritime
3-STEP TRIAL UPHELD FOR PRODUCT CASES
Leah R. Young |
The Supreme Court Monday declined to review the concept of dividing product liability trials into th
JUSTICE TO PROBE MISSION INSURANCE
Laura Raley Borda |
The Justice Department will pursue a criminal investigation in the $1.5 billion failure of Mission I
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
ALBERT L. KRAUS - MARKETS & MONEY
(By) Albert L. Kraus |
MARTIN VAN BUREN HAS BEEN GETTING more attention in the last few weeks than he has for a century an
MIDEAST SEEN SNAG IN BANNING POISON GAS
(Reuter) |
Israel and Libya, both accused of secretly making chemical weapons, shifted the spotlight Monday bac
IMC FERTILIZER REOPENS PHOSPHATE ROCK MINE
Journal of Commerce Staff |
IMC Fertilizer Inc. resumed production operations at the Four Corners phosphate rock mine in central
ACETONE PRICES WILL BE STRONG BUT WON'T RISE, TRADERS SAY
John Maggs |
Strong demand for methyl methacrylate and a lucrative export margin will keep acetone prices near cu
SPOT PRODUCT PRICES
JOC Staff |
Jan. 9, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
METHODS SOUGHT TO CONTROL PILOT FATIGUE FACTOR
Stephen Robitaille |
Engineers at NASA-Ames Research Center in Mountain View are perfecting computer guidance systems so
Air Cargo
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