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GE CAPITAL WILL PAY $400 MILLION FOR HARCOURT GENERAL INSURANCE
Reuters |
Harcourt General Inc. has agreed to sell its insurance business to GE Capital Corp. for $400 million
INSURANCE BRIEFS
Wire and Staff Reports |
CANADA P/C FIRMS FIND INVESTMENTS BEST BETTORONTO - Property and casualty insurance
NJ GOVERNOR OKS PAYOFF OF AUTO INSURANCE DEBT
Thomas Martello |
Gov. Christie Whitman signed a bill to pay off $1.3 billion in auto insurance debt with a combinatio
FIRST INDEPENDENT POWER PLANT HAS BEEN HARD CLIMB FOR INVESTORS
Kevin G. Hall |
Interagency bickering had made Mexico's opening to private investment in power generation a slow and
TRADE BRIEFS
Wire and Staff Reports |
US BILL COULD BROADEN DEFENSE EXPORT FUNDINGWASHINGTON - The U.S. Export-Import Bank
Maritime
INDONESIANS SET SIGHTS ON US HEARTLAND
Knight-Ridder Newspapers |
While most of their business is in Asia, a growing number of overseas entrepreneurs are setting up o
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 30, 1994 Quotations are based on prices reported in the market or obtained from s
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
RUSSIA HITS TURKEY'S PLAN FOR CONTROLS ON STRAITS
Geoff Winestock |
Russia has protested strongly to Turkish officials about Ankara's plan to introduce tough new contro
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
CARRIERS POSTPONE LE HAVRE DECISIONPARIS - A deadline set by major shipowners and tr
Maritime
COAST GUARD TO PUBLISH SPILL-CLEANUP RULE TODAY
Alan Abrams |
Nearly three years after proposing a rule requiring shipowners to prove they have the money to clean
Maritime
CLINTON PICKS SENATE COUNSEL, STATE REGULATOR FOR FMC SLOTS
Tim Sansbury |
President Clinton will nominate Harold Creel, counsel to the Senate Merchant Marine Subcommittee, an
FRITZ APPOINTMENT POINTS UP EMPHASIS ON OVERSEAS GROWTH
Bill Mongelluzzo |
The hiring of a high-profile shipping executive to run the Fritz Cos.' Asia operations signifies the
CHINA'S SHENZHEN AIRPORT MAPS PLANS FOR 2ND PHASE OF EXPANSION PROJECT
P.T. Bangsberg |
Shenzhen, a special economic zone just across the border in China's Guangdong province, is planning
FROM BEER TO BROADCAST EQUIPMENT, WORLD CUP KEEPS AIR CARRIERS BUSY
Reuters |
The United States may have plenty to offer most of its visitors, but World Cup players weren't ready
PEOPLE - TRANSPORT
Wire and Staff Reports |
ASSOCIATED AIR FREIGHT INC. (New Hyde Park, N.Y.) - Gaylan Harrison was appointed service supervisor
Trucking News
ICC SOLICITS RECRUITS TO STAVE OFF EXTINCTION
Stephanie Nall |
In their fight to save the nation's oldest regulatory agency from the budget- cutting block, officia
UNIONS AND OTHER RAILROADS ARE WARY, BUT NOT WORRIED YET
Rip Watson |
Like a tight circle of friends trying to guess what the new big kid on the block might do,the rest o
SURPRISED SHIPPERS FRET OVER "MARRIAGE' PROPOSAL
Gregory S. Johnson |
Burlington Northern and Santa Fe executives trying to drum up support for their proposed merger prob
TRANSPORT BRIEFS
Wire and Staff Reports |
UAL CORP. MODIFIES RECAPITALIZATION PLANCHICAGO - UAL Corp. announced Thursday that
FRENCH REPORT CALLS FOR TAXES TO SUPPORT AIR ROUTES
Special to The Journal of Commerce |
French taxpayers will be hit with an annual bill of 200 million francs ($36 million) to maintain unp
CHINA TAKES US HEAT AS JAPAN BUYS TIME
John Maggs |
The Clinton administration targeted China for possible trade sanctions Thursday but gave Japan anoth
JOURNAL OF COMMERCE - FAST FACTS TOP SUPPLIERS OF FIREWORKS IMPORTS
Global Trade Information, Columbia, S.C. |
No text.
ARK. IMPORTER CUTS BACK ON USE OF INTERMODAL
George F.W. Telfer |
Higher rail rates and shortages of intermodal equipment have forced Hiram Walker & Sons to rely more
INVESTMENT GROUP AGREES TO BUY MAINE RAILROAD
Michael S. Lelyveld |
A Washington investment group has signed a letter of intent to buy the Bangor & Aroostook Railroad C
BN-SANTA FE PLAN FITS RIGHT IN WITH INDUSTRY'S URGE TO MERGE
Lawrence H Kaufman |
The planned merger of Burlington Northern and Atchison, Topeka & Santa Fe Railway is only the latest
RAILWAYS TO SEEK ICC DECISION BY NEXT YEAR
Journal of Commerce Staff |
Burlington Northern and Atchison, Topeka & Santa Fe railroads will submit a notice of intent to file
RAIL GIANTS BN, SANTA FE PLAN MERGER COMBINED COMPANY WOULD OWN US' LARGEST RAILROAD
Lawrence H Kaufman |
Burlington Northern Inc. and Santa Fe Pacific Corp. announced Thursday that they intendto merge.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +12.596/24 102.26/27 102.26/28
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
CHINA ADOPTS THREE-PART STRATEGY TO MODERNIZE ITS AIRCRAFT INDUSTRY
P.T. Bangsberg |
China is adopting a three-pronged strategy to upgrade its civil-aircraft industry, including the bol
GERMANY NOT WORRIED ABOUT DOLLAR'S DECLINE
Special to The Journal of Commerce |
The current decline in the dollar against the deutsche mark on foreign exchange markets is not worry
COST OF CREDIT
JOC Staff |
Thursday, June 30, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FIRM G-7 ACTION IS NEEDED TO RESCUE DOLLAR, ANALYSTS SAY
Gordon Platt |
The Group of 7 industrialized nations must come up with a credible dollar- rescue package at next we
US CONSIDERS NEW TALKS ON SETTING G-7 STANDARDS
John Maggs |
The Clinton administration is considering new negotiations on harmonizing standards and freeing inve
AIR CARGO INCREASES 5.6 PERCENT AT FRANKFURT-MAIN AIRPORT
Miriam Widman |
Frankfurt-Main International Airport posted a 5.6 percent increase in cargo traffic last year to 1.2
ITC CRUNCHES PROBE OF IMPORTS OF CANADIAN PEANUT PRODUCTS
Associated Press |
Saying tariffs in a new agreement will supersede anything that comes from an International Trade Com
Maritime
OECD PROJECTS WIDENING US TRADE GAP THROUGH '95
Richard Lawrence |
The U.S. merchandise trade deficit, already cited as a factor in the dollar's falling value, is like
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
UTU ASKS CN TO FORM SUBSIDIARY TO KEEP LINESTORONTO - A major union is asking CN Nor
DOLLAR FALLS TO YET ANOTHER RECORD LOW AGAINST YEN
Michael Duvally |
The U.S. dollar fell to yet another historical low against the yen Thursday on news U.S. Trade Repre
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