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FREIGHT RATE FUTURES
JOC Staff |
May 31, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
XTRA, ITEL SCUTTLE DEAL
Journal of Commerce Staff |
XTRA Corp. and Itel Corp. of Chicago have scuttled a deal under which XTRA planned to buy Itel Rail
Rail News
CHANGES IN RAIL DECONTROL RULED OUT
Howard S. Abramson |
Sen. Ernest F. Hollings, D-S.C., said the Senate will not pass legislation this year altering the St
TAX BREAKS FOR ETHANOL IN OHIO ARE OVERTURNED
Howard S. Abramson |
The Supreme Court Tuesday unanimously overturned an Ohio law granting ethanol produced from grain gr
US AUTO LUBE MART LIKELY TO EXCEED $1.5 BILLION BY '92
Journal of Commerce Staff |
U.S. demand for automotive lubricants is expected to surpass $1.5 billion by 1992, up from $1.4 bill
ENERGY BRIEFS
From Wire and Staff Reports |
Court Upholds Award To Gasoline DealerThe Supreme Court has let stand a $3.5 million punitiv
CONN. UTILITY POSTS SALES RISE
Journal of Commerce Staff |
United Illuminating Co. said that kilowatt-hour sales for the first four months of 1988 increased by
PEOPLE - AVIATION
From Wire and Staff Reports |
AER LINGUS (New York) - David Kennedy, chief executive for the past 14 years, will retire at the end
Air Cargo
ISUZU STUDIES SETTING UP SHOP IN US
Boston Globe |
A highly skilled work force and a plant that can be modernized make the General Motors Corp. facilit
PEOPLE - IMPORTS
Wire and Staff Reports |
SEARS, ROEBUCK & CO. (Chicago) - Vern L. Page was named vice president, catalog merchandising, and W
Maritime
TRADE FAIRS
Wire and Staff Reports |
Medical China '88. June 4-8. Zhejiang Exhibition Hall, Hangzhou, China. Sponsored by Chinese Ministr
Maritime
JAPAN SEES RISE IN INVESTMENTS MADE OVERSEAS
A.E. Cullison |
Japan's direct overseas investments jumped by 49.5 percent at $33.3 billion during the fiscal year e
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Freightliner Dealers Honor P.E. RuppPORTLAND, Ore. - In a recent ceremony in New Orleans, No
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
Container Movements Up 45 percent at ShanghaiSHANGHAI, China - The Port of Shanghai reports
Maritime
STUDY URGES US TO WITHDRAW FROM CRISIS PACT
John Maggs |
The United States should pull out of an oil production-sharing agreement with members of the Interna
PEOPLE - INSURANCE
JOC Staff |
AMERICAN INTERNATIONAL GROUP (New York) - John G. Gantz Jr. was named vice president and director of
SPECIAL SECTION - YUGOSLAVIA: SHIPPING AND TRADE, PAGES 5B-7B
JOC Staff |
TOP STORIES: A small, but real, trade surplus in Yugoslavia may signal an economic turnaroun
INTERNATIONAL BRIEFS
Wire and Staff Reports |
HONDA ESTABLISHES SUBSIDIARY IN SPAINHonda Motor Co., a major Japanese automaker, said it ha
Maritime
SHIP CHARTER DEAL HITS RATE SNAG
Robert F. Morison |
The Maritime Administration's Subsidy Board reaffirmed its decision to allow Waterman Steamship Corp
Maritime
US AGENCY MAPS PLANS TO UPGRADE ITS FLEET
WILLIAM DiBENEDETTO |
The government's oceanic agency is looking to replace and upgrade its fleet of scientific research,
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
RECORD COCOA CROP SEEN FOR IVORY COASTFRANKFURT, West Germany - Ivory Coast's cocoa crop for
STRENGTH OF POUND IMPEDES UK EXPORTS
Journal of Commerce Staff |
The strong pound is starting to hit British exports but is also containingprice rises, the Confeder
Maritime
MACHINE TOOL ORDERS DOUBLE LEVEL OF 1987
Journal of Commerce Staff |
Net new orders of U.S.-built machine tools were slightly lower in April than in March, but were almo
ARCHITECT OF HUGE TANKER FRAUD CAPS HIS CAREER WITH A JAILBREAK
James Nolan |
When Frederick Soudan, the mastermind of the world's largest maritime fraud, decided it was time to
WARDAIR GETS OK FOR FRENCH SERVICE
Leo Ryan |
Canadian Transport Minister Benoit Bouchard announced that Wardair Inc., the Mississauga, Ontario-ba
Air Cargo
US IS TAKING A LESSON FROM MONGOL WARRIORS
John Davies |
Successful U.S. businesses are adopting the attitude and vigor of Mongol warriors who gained a few e
Rail News
UK NORTH SEA OIL PRODUCTION ROSE IN APRIL
Knight-Ridder Financial |
Crude oil production from the British North Sea averaged 2.580 million barrels a day in April, up fr
TVA AWARDS 4 SPOT PACTS FOR STEAM COAL
Journal of Commerce Staff |
The Tennessee Valley Authority said it purchased 10,500 tons of steam coal under four spot contracts
PROSECUTOR HINTS OF INDICTMENTS IN SHIP SINKING
Journal of Commerce Special |
A key federal official said he expects a negotiated settlement or criminal indictments within the ne
Maritime
DRY CARGO RATES FALL
Janet Porter |
Dry cargo freight rates continued to slide last week because of the surplus of bulk ships and little
Maritime
ITALY'S MONTEDISON, ENI TO MERGE SOME UNITS
(Ap) |
Italy's state energy conglomerate Ente Nazionale Idrocarburi SpA and Montedison SpA, the country's l
INDIAN JUTE INDUSTRY HITS DISCOUNT OFFERS ON US SYNTHETICS
Neel Patri |
The U.S. synthetic carpet industry is to blame for a sharp fall in demand for jute carpet backing cl
CHEMICAL BRIEFS
From Wire and Staff Reports |
Quantum Unit Awards Pact to Fluor DanielIRVINE, Calif. - Fluor Daniel, a unit of Fluor Corp.
TVA LOOKING FOR SUPPLIES FOR TWO KY. POWER PLANTS
Tim Sansbury |
The Tennessee Valley Authority is about to enter the market for coal contracts of a year or less to
SPOT PRODUCT PRICES
JOC Staff |
May 27, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
ENERGY BRIEFS
From Wire and Staff Reports |
Diamond Shamrock, Phillips Cut PostingsDiamond Shamrock R & M Inc., San Antonio, and Phillip
ECONOMIC SUMMIT WILL FOCUS ON US
Chicago Tribune |
Seven months after Black Monday ignited fears that the global economy would be ravaged by a U.S. rec
MEXICO WARNS IT MUST REDUCE DEBT PAYMENTS
WILLIAM A. ORME Jr. |
Mexican leaders say Mexico must cut debt payments to achieve sustained economic growth, and they don
ST. PAUL FIGHTS TAKEOVER AS IT REGROUPS
Kevin Commins |
When Sister Rosemary Schuneman testified against Alleghany Corp.'s plan to acquire up to 20 percent
FREIGHT RATE FUTURES
JOC Staff |
May 27, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
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