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PEOPLE _ FINANCIAL
From Wire and Staff Reports |
KPMG PEAT MARWICK (New York) - Michael J. May was named managing partner offinancial service
ANALYSTS OPTIMISTIC ON PAN AM'S FUTURE
Knight-Ridder Newspapers |
The new, Miami-based Pan American World Airways, not hindered by high debt or unprofitable operation
JOFC PRICE INDEX DROP SEEN AS GOOD SIGN
Gordon Platt |
The Journal of Commerce Industrial Price Index, a leading indicator of inflation, is pointing downwa
SAUDI REFINERY WORK TO LAST TWO MONTHS
Knight-Ridder Financial |
The long-delayed maintenance program at Saudi Arabia's Jubail oil refinery could last two months, in
MARITIME BRIEFS
JOC Staff |
BREMEN OPENS ASIA PACIFIC CENTERThe port city of Bremen, Germany, has opened an Asia
Maritime
SOVIET GRAIN IMPORT NEEDS MAY RISE AS FARMERS BALK
Michael S. Lelyveld |
The reluctance of Soviet farmers to supply grain to the central government despite new incentives co
TRANSPORTATION SNAGS HUNGARIAN WHEAT DEAL
Knight-Ridder Financial |
Transportation problems are holding up a Hungarian deal with the Tartar region of Russia for the bar
PORTS IN TEXAS ARE DEPRESSED BY GRAIN DRAIN
Gary Taylor |
A depressed national grain market has forced Texas coastal ports to adopt measures to assure their f
NIT LEAGUE SUPPORTS STAND ON LIABILITY LIMITS
Geoffrey H. Brown |
The group representing the nation's largest shippers has joined the chorus asking the Interstate Com
LARRY KAUFMAN'S INSIDE TALK ON RAILROADS
Larry Kaufman |
MIKE WALSH did what needed to be done at Union Pacific, even though it didn't make him particularly
BCCHK GETS LIQUIDATION REPRIEVE AS ABU DHABI WILL COVER LIABILITIES
(Reuter) |
Abu Dhabi has agreed to cover any hidden liabilities in its majority-owned Bank of Credit and Commer
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Aug. 10, total piggyback freight hauled on the nation's major railroads equaled 1
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
UASC EXTENDING SERVICE TO FAR EASTERN PORTS
Erich E. Toll |
United Arab Shipping Co. is extending its Middle East-U.S. service to Singapore, Hong Kong, and an u
Maritime
CARRIERS UNDER ATTACK
Alan Abrams |
Three words dominate the shipping trade between the continental United States and Puerto Rico: the J
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 15, 1991CRUDE OIL(1,000 barrels; dollars and cents
TAIWAN, S. AFRICAN COMPANIES PLANNING PETROCHEMICAL PLANT
Chris Brown |
A local investment company is looking for partners to help build a $20 million petrochemical plant i
VENEZUELA AIMS TO ENTICE INVESTORS
Knight-Ridder Financial |
Venezuela's recently amended tax law will be modified again to accommodate new foreign investment in
FRUIT-GROWING AREA IN CANADA THREATENED
(Reuter) |
Canada's best land for growing fruit may soon disappear under concrete as farmers lobby for the righ
ENRON EXPECTS GO-AHEAD FOR MASS. PLANT SOON
TOM McNIFF |
A Texas-based electricity generating plant development firm expects by the end of August to have Mas
UNSAFE TRUCKS, TOXIC WASTE TARGET OF NEW FEDERAL RULES
Geoffrey H. Brown |
Truckers carrying hazardous materials must improve their "unsatisfactory" safety ratings within 45 d
2 INSURERS LEAVE HULL SYNDICATE
Brigitte Maxey |
Two major members of the American Hull Insurance Syndicate have severed ties with the ocean vessel i
IMPASSE LOOMING ON SPILL INSURANCE
Aviva Freudmann |
Federal officials are trying to negotiate their way out of a potential impasse over rules that would
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: U.S. Department of CommerceU.S. and Foreign Commercial Service<
Maritime
US DOLLAR IS VULNERABLE TO CONCERNS ABOUT ECONOMY, SAY CURRENCY TRADERS
Gordon Platt |
The U.S. dollar is vulnerable to perceptions of weakness in the economy and expectations of a furthe
TRAINS REGAIN ELEGANCE AS PACKAGE DEALS EXPAND
Knight-Ridder Newspapers |
No, train travel is not what it used to be during the golden age of railroading. But it's getting cl
NEW SULZER DIESEL EXPECTS TO MAKE GOOD PROFIT IN '91
William Armbruster |
Get a group of maritime hands together for a word association game. Odds are the first choice for "d
Maritime
LOW '91 CORN CROP PROMPTS CALLS FOR FULL-ACREAGE PLANTING IN '92
Doug Palmer |
This year's drought-reduced corn production has prompted quiet calls for the U.S. Department of Agri
RI BUSINESS GROUPS SEEK ALTERNATIVES TO WORKERS COMP
TOM McNIFF, Jr. |
Business trade groups in Rhode Island are beginning to look to self-insurance pools to cut what they
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS
JOC Staff |
(In Millions of Dollars) June 1991 May 1991 June 1990Exports* Imports** Expor
US TRUCK, BUS SALES TO MIDEAST IN HIGH GEAR
Charles W. Thurston |
U.S. truck and bus exports to the Middle East are in high gear, as buyers in the region restart old
MISSISSIPPI RIVER FORGOT TO SNEEZE _ AND NORTHWEST PORTS SUFFERED
John Davies |
Exports of wheat through the Pacific Northwest during the first half of the year generally matched t
THE ECONOMY
JOC Staff |
JULY FACTORY OUTPUT SHOWS MODEST STRENGTHU.S. factory output in July portrayed an economy th
ARE THERE ENOUGH GRAIN CARS?
Lawrence H Kaufman |
With the late summer, early fall grain harvest about to begin in the Midwest, growers and grain mill
ASIAN FUTURES
JOC Staff |
Aug. 16, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
THAI COMPANY TO HIKE OUTPUT OF 2 CHEMICALS
Knight-Ridder Financial |
Thailand's National Petrochemical Corp., the core unit of a petrochemical complex in Rayong, is plan
NAVISTAR REPORTS LOSS PLANS PRODUCTION HALT
Stephen Franklin |
Navistar International Corp., the nation's largest truck maker, qualified Thursday as yet another of
NEGOTIATORS STILL SPINNING THEIR WHEELS ON FARM PACT
William Armbruster |
Despite optimistic noises from government negotiators about prospects for a successful farm-trade pa
BARRY PARKER'S FUTURES & SHIPPING
Barry Parker |
The ocean freight futures market continued climbing last week, in response to strengthening spot fre
Maritime
CUBA "WILL NEGOTIATE WITH THE DEVIL' TO SURVIVE, DEPUTY MINISTER SAYS
From Wire Reports |
Cuba will "negotiate with the devil" - and foreign capitalists - to survive economically, but will n
Maritime
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