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BOOST PUSHED IN SHIPOWNER CARGO LIABILITY
John Davies |
A consolidated recommendation to raise a shipowner liability for cargo damagefrom $500 a pac
SUIT SEEKS TO DEVISE JSP PLAN PAY-OUT
Joseph Bonney |
The Carriers Container Council Inc. has sued the International Longshoremen's Association in a dispu
Maritime
WHEN YOUR JET LAGS - EXERCISE YOUR RIGHTS
Broderick Perkins |
Remember when the fear of flying was largely a safety concern? And jet lag was a brief malady caused
Air Cargo
APL SETS WEEKLY GUAM SERVICE
John Davies |
American President Lines, which had been calling at Guam twice a month, will begin weekly calls to t
Maritime
FINANCIAL OUTLOOK BRIGHT FOR INDEPENDENT TRUCKERS
Leo Abruzzese |
Independent truckers are faring better financially than in recent years and may profit even more wit
Trucking News
CARIBBEAN BACKS MOVE TO EXPAND US PROGRAM
Canute James |
After two years of criticizing a special U.S. trade program for the region, Caribbean political and
Maritime
SPOT PRODUCT PRICES
JOC Staff |
August 10, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
EXXON TO PURCHASE CELERON ASSETS FOR $650 MILLION
Journal of Commerce Staff |
Exxon Corp. will purchase most of assets of the Celeron Oil and Gas Co., a Goodyear Tire and Rubber
USAIR MAPS EXPANSION PLAN AT CLEVELAND
Dave Higdon |
Washington-based USAir Monday announced further expansion at Cleveland which will elevate the airpor
Air Cargo
NEWS SUMMARY
JOC Staff |
AVIATION Frequent fliers should know their rights. 4BAs other carriers withdrew flights fro
CHINA SHIPBUILDING SECTOR TAKES ON GIANTS
P.T. Bangsberg |
China's once-backward shipbuilding sector is rapidly becoming a world force,and is poised to overtak
BALTIC FREIGHT INDEX
JOC Staff |
1039.0 (Aug. 7) Previous day - 1014.5 The Baltic International Freight Futures Exchange in L
Maritime
RAIL BRIEFS
From Wire and Staff Reports |
NY Train Radio Law To Take Effect Sept. 1ALBANY, N.Y. - A new railroad law to take effect on
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
Coast Guard Cutters To Be CommissionedMIDDLETOWN, R.I. - The seventh and eighth 270-foot cut
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TODD SHIPYARDS MULLS OFFER TO PURCHASE ARO
Journal of Commerce Staff |
Financially troubled Todd Shipyards Corp. is studying an offer from investors to buy its Aro Corp. f
Maritime
FRENCH BAND WITH JAPANESE
Howard Schissel |
Chargeurs Reunis, the merchant marine affiliate of the French Chargeurs SA holding company, has form
Maritime
CONTROVERSIAL TELECOM PLAN COULD INITIATE TRADE WAR
John Davies |
The United States is considering steps to force open European markets to U.S.-built telecommunicatio
Maritime
SOLICITATION FOR FUEL BIDS
JOC Staff |
The city of Worcester, Mass., will open bids for regular grade leaded gasoline and regular grade no-
DOCK PACT DISPUTED AT NEW ORLEANS
Marie Prat |
Waterfront labor and management in this port agreed last fall on a new longshore contract - or did t
STEEL OUTPUT ROSE 2.5 PERCENT LAST WEEK
(Ap) |
Steel production rose to 1.710 million tons in the week ended Aug. 8, a 2.5 percent increase from th
ITALIAN GRAIN TRADER BUYS US MILLING FIRM
Andrew Mutter |
Italgrani, a leading Italian grain trading company, has gained full control of New England Milling C
FUTURE BRIGHT FOR NEWARK AIRPORT
(Ap) |
Fewer travelers are using Newark International Airport this year compared to last year when the airp
Air Cargo
MELLON BANK NA NAMES ELLIOTT
Journal of Commerce Staff |
Steven G. Elliott was named executive vice president, finance, of Mellon Bank NA. He succeeds James
AFRICAN LINES TRY TO WEATHER STORM
Howard Schissel |
Airlines in West Africa are increasingly flying into stormy financial weather. Nigeria Airwa
Air Cargo
US-OPERATED TANKER HITS MINE WHILE LADEN WITH OIL FROM IRAN
(Ap) |
A U.S.-operated supertanker carrying Iranian oil hit a floating mine Monday just outside the Strait
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 7 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
RISK RETENTION TRADE GROUP IS ESTABLISHED
Paula L. Green |
The insurance industry may add another special interest group to its ranks next month. Risk
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
TREASURY REFUNDING TOTALS $28 BILLION
From Wire and Staff Reports |
The U.S. Treasury Monday said it will sell $28.0 billion in notes and bonds this week in its quarter
LEADING INDEX OF US INFLATION RISES AT FASTEST PACE IN 3 YEARS
Journal of Commerce Staff |
A leading index of inflation compiled by Columbia Business School rose at an annualized rate of 10.7
US EXPORTS OF PAPER ROSE 15.9 PERCENT LAST YEAR
Journal of Commerce Staff |
U.S. exports of paper, paperboard and fiber rose sharply in 1986 thanks to the decline in the value
Maritime
US URGES ARGENTINA TO ELIMINATE SOYBEAN EXPORT TAX DIFFERENTIAL
Knight-Ridder Financial |
The Reagan administration has renewed pressure on Argentina in recent weeks to end an 11 percent exp
Maritime
CAUTIOUS OPTIMISM TAKES ROOT IN THE OIL PATCH
(Ap) |
Besides the metronomic pulse of pumping, that noise coming from oil fields around the country is the
DELTA FLIES HIGH IN FACE OF MISHAPS
Tom Belden |
Few companies in recent memory have been the butt of more jokes than Delta Air Lines. In the
Air Cargo
SMALL CITIES WORRY ABOUT LOCAL ECONOMY
(Ap) |
The biggest problem facing small cities and towns in the United States is how to attract industry an
DRY-CARGO SHIPPERS REAP THE BENEFITS OF GRAIN MART BOOM
James Nolan |
The grain export market is booming this summer, usually a quiet time. The unseasonal business is boo
US TO PUT CHINESE COATS BACK ON RACKS
Mark Magnier |
The United States has bowed to importer pressure and reopened its 1987 quota for women's coats from
APL'S HAWAII TACTICS UNDER FIRE
Robert F. Morison |
Matson Navigation Co. is upset at the way American President Lines Ltd. islining up shipper support
Maritime
RCA LANDS PENTAGON PACT
(Ap) |
The Pentagon has awarded a $63.1 million contract to RCA Corp. of Moorestown, N.J., for continuing w
Maritime
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