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FREIGHT RATE FUTURES
JOC Staff |
June 27, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
COMMISSION SETS AGENDA FOR JUNE 29 MEETING
Journal of Commerce Staff |
The Federal Maritime Commission at its next scheduled meeting Wednesday, June 29, will consider the
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
FREE MARKETS SEEN TRIGGERING FARM LOSSLONDON - Total reliance on free market forces to contr
SENATE: BURDEN OF PROOF ON INSURERS FOR REFORM
Journal of Commerce Staff |
The insurance industry must prove to Congress that it needs the McCarran- Fergus on antitrust exempt
ENERGY BRIEFS
From Wire and Staff Reports |
MOZAMBIQUE PLANT TO BE REACTIVATEDLISBON, Portugal - Portugal, Mozambique and South Africa s
BATTLE THREATENS NY BID PROPOSAL
Journal of Commerce Special |
Competitive bidding for electricity capacity in New York state may be hindered by a turf battle betw
PLASTIC CONTAINER MARKET POISED FOR STEADY GROWTH
Journal of Commerce Staff |
Plastic container demand is projected to grow over 5 percent a year through 1992 to 7.6 billion poun
LYKES BROS. PROTESTS WATERMAN-APL DEAL
Robert F. Morison |
Lykes Bros. Steamship Co. of New Orleans asked Transportation Secretary James F. Burnley to halt the
Maritime
DROUGHT MAY BE BOON TO ARGENTINE EXPORTERS
Jeremy Morgan |
Severe drought in the United States has prompted hopes that Argentina's agriculture export earnings
SENATE VOTE HOLDS KEY TO TRADE BILL
Keith M. Rockwell |
The Senate vote today on an amendment to legislation requiring advance notice of plant closings will
NOTE TO READERS:
JOC Staff |
Today's Journal of Commerce was reduced in size due to technical difficulties.
CHEMICAL BRIEFS
From Wire and Staff Reports |
CHEMFIX TECHNOLOGIES SIGNS TREATMENT PACTSMETAIRIE, La. - Chemfix Technologies Inc. recently
CORRECTION
JOC Staff |
A story on these pages June 24 concerning cargo assessments being reduced at the Port of New York &
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 24, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
NO DAMAGES AWARDED IN SMOKING-DEATH TRIAL
(Ap) |
The jury in a case linking the hazards of asbestos and smoking found Friday that American Tobacco Co
AT 125, FIREMAN'S POLICIES RUN GAMUT
Mark Magnier |
The 300-year-old Lloyd's of London is famous for insuring the limbs of Betty Grable, the nose of Jim
AIR FRANCE POISED FOR CARGO GROWTH
Edwin Unsworth |
To help cope with anticipated cargo growth of around 10 percent annually over the next few years, Ai
Air Cargo
PERSONAL INCOME RISES MODERATELY
(Ap) |
Americans' personal income, held back by a decline in subsidy payments to farmers, rose a modest 0.3
EDIFACT STANDARD GETS GO-AHEAD FROM THE UN
Tony Seideman |
It's official. The United Nations has given the EDI for Administration, Commerce and Transpo
BALTIC FREIGHT INDEX
JOC Staff |
1242.0 (June 24, 1988) Previous day - 1242.0 The Baltic International Freight Futures Exchan
Maritime
EC URGED TO CREATE A COMMON CURRENCY
(Reuter) |
European Commission Vice President Lord Cockfield said the European Community must move toward a com
JAPANESE WILL LAUNCH SUPERCONDUCTIVE SHIP
A.E. Cullison |
An effort to design the world's first seagoing vessel driven by superconductivi ty has begun in Japa
EC PUSHED TO REMOVE AIRLINE MERGER OBSTACLES
(Ap) |
Western European aviation experts called on the Common Market leadership last week to remove current
Air Cargo
EPA SUES CHRYSLER, OTHERS FOR $4 MILLION IN SITE CLEANUP COSTS
(Ap) |
The U.S. Environmental Protection Agency filed lawsuits late last week against Chrysler Corp. and 11
TRAFFIC BRIEFS
From Wire and Staff Reports |
CONSULTANT TO AUDIT NJ AGENCY OPERATIONSWOODBRIDGE, N.J. - The New Jersey Highway Authority
Trucking News
FREIGHTLINER CHAIRMAN CALLS DROP IN HEAVY TRUCK SALES TEMPORARY
Michael S. Lelyveld |
The sudden drop in heavy truck sales for Freightliner Corp. last month is no sign that demand is coo
Trucking News
SEATTLE WANTS SHIPPING BACK ON WATERFRONT
John Davies |
A $60 million plan to rebuild Seattle's central waterfront should stress working maritime uses, comm
Maritime
TAIWANESE DASH US BREWERS' HOPES
David Y.M. Seto |
When Taiwan opened its doors to foreign beer manufacturers on Jan. 20, 1987, so much beer poured int
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
STATES LOSE OUT TO FERC ON POWER COST ALLOCATION
Leah R. Young |
The Supreme Court settled the battle between the Federal Energy RegulatoryCommission and sta
AGENT BECOMES CLEARINGHOUSE FOR ELECTRONIC INFORMATION
Torrey Byles |
As information in the shipping industry migrates away from paper documents and becomes encoded elect
CONGRESSMEN IRATE AS OUTAGES PLAGUE NEW AT&T PHONE SYSTEM
(Ap) |
Frustrated House members are calling a new $16 million telephone system a failure after its third ou
DRUG-BATTLING SHIP PANEL TO HOLD FIRST MEETING
Craig Dunlap |
The 11 charter members of a new committee formed to battle the flow of illegal drugs aboard their ve
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
PHILIPPINES MAY SEEK EASIER TERMS ON DEBTMANILA, Philippines - Finance Secretary Vicente Jay
INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year6/24 6/23 Chan
NEWS SUMMARY
JOC Staff |
* Stanford Erickson - Conversations 6A * Luis Rubio - Mexico Looks to Pacific Basin 6A* Dave
EC REOPENS PROBE OF EAST BLOC SALES
(Ap) |
The European Community announced last week that it was reopening an anti- dumping inquiry into impor
NAVY SCHEDULES FRIGATE RETIREMENTS
(Ap) |
The Navy has set up a schedule for retiring 16 aging frigates in a budget- cutting move that prompte
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
QUICK, POWERFUL COMPUTER PROVES GOOD THINGS COME IN SMALL PACKAGES
(Ap) |
Smaller is better in the case of what researchers are calling the world's fastest and most powerful
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