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COST OF CREDIT
JOC Staff |
Monday, April 21, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
QUOTE TO NOTE
Eduardo Tamargo, An agent with South River Pier Shipping |
''I believe that this country was born with smaller enterprise. Everyone has the right to live . . .
Maritime
JAPANESE BUYERS LET THEIR FINGERS SHOP IN US CATALOGS
Coco Kubota |
U.S. mail-order companies have found a niche here and they have been attracting more Japanese custom
Maritime
US TO HELP FIRMS TAP SUBCONTINENT'S MARKETS
Richard Lawrence |
The Commerce Department plans to open new trade offices in India this year to help U.S. companies ca
Maritime
FORWARDERS AND AIRLINES ADVISED TO STREAMLINE
Andrew Blum |
Airlines and freight forwarders use too many duplicative processes and need to streamline, a study b
BANKS, INSURERS SET STRATEGIES FOR HONG KONG RETIREMENT PROGRAM
P.T. Bangsberg |
Even before all the rules have been settled, banks and insurers are already planning how to take adv
SCIENTISTS: ALASKA OIL PLANS OUTPACE ENVIRONMENT STUDIES
Reuters |
Plans for oil development on part of a huge federal reserve on Alaska's North Slope may be moving to
MALAYSIA SEES ITS USE OF COAL DOUBLING BY 2000
Bridge News |
Malaysia said Monday its use of coal will double by 2000 as part of a fuel diversification policy bu
BRIEFS
From Wire and Staff Reports |
US, AUSTRALIA AGREEON ANTITRUST PACTWASHINGTON - The United States and Australia have reache
Maritime
A HARVEST OF PROFIT
Alan Gersten |
The company's farm equipment can be found in the wheat fields of Argentina and the cornfields of Kan
ON WEST COAST, THE BIG KEEP GETTING BIGGER
Bill Mongelluzzo |
Shippers and carriers have become comfortable with Southern California.And their relentless drive fo
CORRECTION
JOC Staff |
A story appearing on Page 1A of the April 15 edition, headlined ''NOL-APL: What now?'' should have c
COMMERCE TO REVIEW TRADE COMPLIANCE STATUS
Journal Of Commerce Staff |
The Commerce Department will more closely monitor how other countries carry out their trade agreemen
Maritime
FCC FACES STATIC OVER ACCOUNTING AT TELECOM TALKS
P.T. Bangsberg |
Attempts by the United States to unilaterally change the international system of accounting for tele
Maritime
MAERSK OFFICIAL DEFENDS DIRECTION OF SHIP ALLIANCES
Janet Porter |
Mergers between ocean carriers are not a sign that liner shipping alliances are failing to achieve t
INTERMODAL ASSOCIATION SELECTS NEW PRESIDENT
Rip Watson |
After a two-month search, the Intermodal Association of North America, of Greenbelt, Md., selected J
SENATE GROUP OFFERS AUTO INSURANCE REFORM
William Roberts |
A bipartisan group of senators, backed by an array of reform groups, is proposing auto insurance leg
INTERNET IN THE SPOTLIGHT AT RISK MANAGER MEETING
Ronald Gift Mullins |
During hundreds of learning sessions, workshops and at spirited demonstrations on the vast exhibitio
RAILROAD, TRUCKING OFFICIALS STILL STALLED OVER RIG-SIZE REGULATIONS
Journal Of Commerce Staff |
The sporadic negotiations between railroad and trucking officials over possible changes to truck siz
ADMINISTRATION OPPOSES EXTENDING CONSERVATION PLAN
Curt Anderson |
Over the Clinton administration's objection, a House panel approved legislation Thursday to allow fa
EX-PRESIDENTIAL ADVISERS PRESS FOR LIMITED BUSINESS WITH IRAN
Michael S. Lelyveld |
Two former national security advisers are urging the Clinton administration to allow limited busines
BRIEFS
From Wire and Staff Reports |
BOARD OKS STATESRAIL'SPURCHASE OF KYLE ASSETSWASHINGTON - The Surface Transportation Board c
REEBOK READIES FIRST SHIPMENTS WITH RIGHTS LABELS
Tim Shorrock |
Over the next six weeks, Reebok International Ltd. will begin shipping to the U.S. market the first
Maritime
JAPAN GOES TO WTO OVER AUTO DISPUTE
John Zarocostas |
Japan has called for a World Trade Organization dispute panel to examine its complaint that Indonesi
Maritime
BRIEFS
From Wire and Staff Reports |
2 BRITISH EXPLOSIONSUNLIKELY TO SPARK CLAIMSLONDON - Two explosions and a series of suspecte
INSURERS BATTLE FLORIDA INITIATIVE TO LET CONSUMERS PICK CARE PROVIDERS
Margo D. Beller |
A number of insurance associations urged the Florida Supreme Court last week to block a proposed ame
BRIEFS
From Wire and Staff Reports |
TRAINSCN PRESSES FOR RAILNETWORK IN NORTHEASTCHICAGO - Canadian National off
. . . FEARING POTENTIAL FALLOUT, FEDEX CHIEF VOICES HIS CONCERN
Michele Kayal |
Frederick Smith, Federal Express chairman, is said to be worried that some of the shipping giant's p
CANADIAN LEGISLATORS TAKE THE FIRST STEP TOWARD PASSING LAW TO PRIVATIZE SEAWAY
Journal Of Commerce |
Legislation to privatize the St. Lawrence Seaway in Canada passed a critical stage last week.
EU, S. KOREA HEADING FOR COLLISION OVER TRADE
Bruce Barnard |
The European Union is fast losing patience with South Korea as a series of disputes risk escalating
Maritime
COAST GUARD, JAMAICA NEAR RESOLUTION OF DRUG DISPUTE
Journal Of Commerce Staff |
A controversial dispute over sovereign seas and how far the U.S. Coast Guard can go in chasing suspe
PEOPLE ON THE MOVE
From Wire and Staff Reports |
HUB CITY NEW YORK-NEW JERSEY LPColin Brodie was named regional marketing manager at this sub
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended April 12, 1997, vs. similar 1996 periodCars Cars Loaded Loaded
AGCO CHIEF ADDS RESCUE TO RESUME
Alan Gersten |
When Robert J. Ratliff started at International Harvester in 1957, his first job was dipping clutche
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of April 18, 1997Quotations are based on prices reported in the market or obtained from s
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
JONES ACT REFORM BENEFITS TOUTED
Bill Mongelluzzo |
Opening the U.S. coastal trade to foreign-owned shipping lines would make domestic shippers more com
TRADE FIGURES FOR 15 MONTHS FACE REVISION
Bridge News |
U.S. trade statistics for as many as 15 months may be revised as a result of the incorrect reporting
QUOTE TO NOTE
Keith Bernard, Director of Regulatory Affairs, Hongkong |
''I'm not sure what they've been smoking, but they clearly aren't reading the rule book.''
Maritime
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