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Platts Containers Update
HEAVY TRUCK SALES GAIN 24.5 PERCENT IN MONTH, BEAT FORECASTS AGAIN
Michael S. Lelyveld |
There seems to be no sales forecast high enough for the heavy truck industry these days. Jus
Trucking News
'EXCESS LAND' STIRS DEBATE
Mark Magnier |
A key question in the debate over whether or not the Port of Oakland should expand its real estate d
BANKS WARNED ON BUY-OUTS
Leah R. Young |
While defending banks' role in leveraged buy-outs, Comptroller of the Currency Robert L. Clarke warn
OAKLAND PROPERTY COMMITMENT DEALS BLOW TO PORT DIRECTOR
Mark Magnier |
A key consultant's report on the future of the Port of Oakland has endorsed most of the port commiss
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
IMPORT BRIEFS
Wire and Staff Reports |
STEEL IMPORTS UP 7.1 PERCENT IN 1ST 10 MONTHS OF '88Steel imports rose 7.1 percent to 17.6 m
Maritime
ASIAN 'INVADERS' TARGETING ATLANTA
(Ap) |
Scarlett O'Hara's hometown is for sale, and cash-rich Japanese investors are the principal targets o
Maritime
CARGO MOVES SLOWLY AT CHINA'S TIANJIN AFTER STRIKE ENDS
Noel Fletcher |
Dockworkers appear to be going back to work at the key containerport of Tianjin after a strike at th
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
HOECHST CELANESE REMOVES SURCHARGEHoechst Celanese Corp.'s Chemical Group said it was removi
FORMOSA PLASTICS OBTAINS LICENSE FOR PP TECHNOLOGY
Journal of Commerce Staff |
Formosa Plastics Corp., Parsippany, N.J., will become the second U.S. licensee of BASF Corp.'s gas-p
RESEARCHERS HIT RODENT TESTS
(Ap) |
Lengthy testing in rats and mice to predict whether a chemical poses a cancer hazard in humans usual
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
STRIKES CRIPPLE SOUTH KOREAN YARDS
Hannah Moore |
Strikes at two of South Korea's three largest shipyards are threatening to push the troubled industr
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 15, 1988 Baltic International Freight Futures Exchange*PrevClose High Low V
Maritime
FRANCE PERMITS INSURER TO BOOST BANK GROUP STAKE
Barbara Casassus |
The French government has approved a plan for Groupe des Assurances Nationales, the third-largest st
ZAIRE TELLS FIRMS TO LEAVE BELGIUM
Journal of Commerce Staff |
Zaire, locked in a diplomatic row with its former colonial ruler Belgium, has ordered its state-owne
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INDEX FUND EXPECTED TO GAIN QUICK NOD
Knight-Ridder Financial |
A new mutual fund made up of an index of natural gas industry stocks may be approved by the Securiti
FARM TALKS STALEMATE STILL HAUNTING GATT
Paul S. Tosto |
Only a day after international trade talks opened last week in Montreal, Frans Andriessen, the Europ
NEW WORLDSCALE FORMULA TO BE INTRODUCED JAN. 1
Bruce Vail |
A formula used by shipowners and oil companies to analyze the cost of moving petroleum products acro
Maritime
ILA CONTRACT TALKS TO RESUME JAN. 17
Bruce Vail |
Waterfront employers on the East and Gulf coasts will resume contract negotiations with the Internat
Maritime
THE ECONOMY
From Wire Reports |
BUSINESS INVENTORIES ROSE 0.2 PERCENT IN OCTOBERU.S. business inventories rose a moderate 0.
AGA FORECASTS GAS PRICES UP 6 PERCENT OVER LAST WINTER
Knight-Ridder Financial |
Natural gas prices for end users during the 1988-89 winter should average about 6 percent higher tha
PEOPLE - OIL/GAS
From Wire and Staff Reports |
CHEVRON INTERNATIONAL LTD. (San Francisco) - Gerald Fuller was named general manager for operations
EDI COMMUNITY APPEARS INDIFFERENT TO VIRUS DANGERS
Torrey Byles |
Managers of electronic data interchange systems are not too worried about their systems being infilt
MARITIME BRIEFS
From Wire and Staff Reports |
TWO REAPPOINTED TO TULSA PORT BOARDTULSA, Okla. - Edward Keller and Robert Bost have been re
Maritime
FEDERAL EXPRESS POSTS RISE IN NET INCOME
Journal of Commerce Staff |
Federal Express Corp.'s net income rose 19 percent to $52.5 million, or $1.01 a share, from $44 mill
Air Cargo
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
EXPORTS SWEETEN GRAPEFRUIT SALES
Geoffrey Brown |
Europeans prefer them red, Asians prefer them white. Florida grapefruit growers, shipping th
NEWS SUMMARY
JOC Staff |
* Importers Say Customs' Fraud Probe Shows Hostility 4A * Vera Trojan - Questions on Coordin
INTERNATIONAL LOANS
A Staff Report |
BAHAMAS - $10 million from the World Bank for technical and vocational training, in particular in th
COST OF CREDIT
JOC Staff |
Wed., Dec. 14, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FMC LACKS AUTHORITY OVER SOME FILINGS
Journal of Commerce Staff |
The Federal Maritime Commission has concluded it lacks jurisdiction to regulate agreements among oce
Maritime
SUPPLIES OF DISTILLATE DECLINE
Journal of Commerce Staff |
Supplies of petroleum products followed normal seasonal patterns, as distillate fuel inventories dec
COAL BRIEFS
From Wire and Staff Reports |
READING & BATES SELLS GOLDEN OAK MININGTULSA, Okla. - Reading & Bates Corp. said it has ente
CORRECTIONS
JOC Staff |
A story headlined, French Line Postpones Layoffs, that appeared in The Journal of Commerce Nov. 25 o
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
AMERICAN PRESIDENT COS. (Oakland, Calif.) - J. Douglass Coates was promoted to president of American
Trucking News
ANSETT CONTINUES PURSUIT OF ASIA CARGO SERVICE
Vincent W. Stove |
Australia's Ansett Transport Industries is determined to develop its Asian air cargo connection, des
Air Cargo
SEAFARERS QUESTION WATERMAN PURCHASE
WILLIAM DiBENEDETTO |
The Seafarers International Union asked the Maritime Administration to hold hearings on Internationa
Maritime
ECONOMISTS REACT CAUTIOUSLY TO INCREASE IN INDUSTRIAL OUTPUT
John Boyd |
Word that industrial output posted strong growth again in November and pushed capacity use higher le
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