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MEXICO'S VOLKSWAGEN PLANS BIG PUSH INTO US
From Wire Reports |
Betting that a proposed U.S.-Mexican free trade pact will boost sales in the United States, Volkswag
Maritime
MANILA PORT LIFTS BAN ON SUNDAY WORKING GULF WAR IMPACT NOT AS BAD AS FEARED
P.T. Bangsberg |
Port authorities in the Philippines lifted their ban on Sunday operations at the capital's main port
Maritime
ACCIDENT TOUCHES OFF FIRE, EXPLOSION IN CALIF.
Gregory S. Johnson |
A fireball destroyed four homes and damaged several others after a gasoline- laden tanker truck over
ALL FIVE NEW, LARGER SHIPS OPERATING FOR COSCO IN PACIFIC
John Davies |
Other trans-Pacific shipping lines may be hunkering down to ride out the recession, but China Ocean
Maritime
CUSTOMS AUTOMATION UPGRADES TO BENEFIT OCEAN FORWARDERS BROKERS MAY BECOME EXPENDABLE
Tony Seideman |
Relations between customs brokers and ocean freight forwarders could change considerably as a result
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
TWA LAYS OFF MORE WORKERS UNDER WAR CLAUSE MACHINISTS UNION FILES GRIEVANCES
John Boyd |
Trans World Airlines announced more layoffs this week, mainly minor cuts at its large aircraft maint
US TROOPS OFFERED SPECIAL INSURANCE DEALS
From Wire Reports |
Some folks are sending Valentine cards to soldiers serving in the Persian Gulf, but insurers have co
BUSH PROPOSES RIGOROUS STANDARDS FOR INSURERS OF PURCHASING GROUPS
Aviva Freudmann |
The financial guidelines in this week's Bush administration proposal for regulating purchasing group
BALL RESIGNS AS PRU-BACHE CHAIRMAN
From Wire Reports |
George Ball, chairman of money-losing Prudential-Bache Securities Inc., resigned Wednesday after lea
RUSSIAN REFORMIST QUITS, CHARGES PLOT BY KREMLIN
FromWire Reports |
An architect of radical economic reforms planned by the giant Russian Federation resigned Wednesday
COMEX METAL WAREHOUSE
JOC Staff |
Feb. 13, 1991 Copper Total, 15,566. Gold Total, .1,641,332.Silver Total, .265,542,740.
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 213.61 off 0.19 which compares
THE ECONOMY
Wire and Staff Reports |
ALLIED WAR PLEDGES COVER 88 PERCENT OF COSTSWASHINGTON - Pledges of $9.7 billion from allies
SAUDIS SEEN SEEKING LOANS FROM COMMERCIAL BANKERS $16 BILLION DEFICIT EXPECTED FOR QUARTER
Knight-Ridder Financial |
Saudi Arabia likely will seek international commercial bank loans to fund part of an expected defici
TRADING WITH CAPE VERDE ISLAND GROUP SEEKS TRANSPORT ROLE
Duncan Robinson |
The Republic of Cape Verde, the 10-island archipelago strategically located about 300 miles off the
Maritime
OFFICE URGED TO BECOME MORE AGGRESSIVE SELF-PROMOTER
Journal of Commerce Special |
The president of the Houston operation of U Freight/BFS International, a Hong Kong-based freight for
Maritime
COFFEE PRICES BREAK INTO HIGHER GROUND CONTRACT SURPASSES 90 CENTS RESISTANCE LEVEL
Howard Simon |
Coffee prices broke into new high ground Wednesday on the heels of last week's sharp price jump.
REPORT PUBLISHED ON CREW FATIGUE, SAFETY
Journal of Commerce Staff |
A report on the safety implications of reduced crew sizes and fatigue aboard merchant vessels was pu
Maritime
WAR THREATENS JAPANESE ETHLYENE PROFITS
Knight-Ridder Financial |
Japanese ethylene producers are expected to report significantly lower profits for the fiscal year 1
TRANSPORT CALENDAR
JOC Staff |
PROMAT 91, ANNUAL PRODUCTIVITY CONFERENCE SPONSORED BY MATERIAL HANDLING INDUSTRY OF AMERICA, FEB. 1
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
AMERICAN'S CARGO UNIT POSTS REVENUE GAINDALLAS - American Airlines Cargo, a division of Amer
ENERGY BRIEFS
Wire and Staff Reports |
IROQUOIS GAS SYSTEM GETS PIPELINE PERMITThe U.S. Army Corps of Engineers issued a permit Wed
GULF WAR COVERAGE CHANGES EXPECTATIONS, ATTITUDES IN EGYPT
Remer Tyson |
The most lasting legacy of the gulf war may be to annex the Arab world into the "global village" and
MINISTER SAYS ARGENTINA LOSES FINAL LOAN PAYMENT FROM IMF
Knight-Ridder Financial |
Argentine Economy Minister Domingo Cavallo conceded that Argentina will not receive a final $240 mil
CHARLOTTE INLAND TERMINAL SET ANOTHER BOX RECORD IN 1990
Craig Dunlap |
The North Carolina State Ports Authority's faith in its Charlotte Intermodal Terminal is starting to
Maritime
PIRATES ROB FREIGHTER IN RARE GULF ATTACK
Erich E. Toll |
Two masked gunmen boarded a Danish freighter in the Persian Gulf late Tuesday and stole money and do
Maritime
MORE FLEXIBLE FINANCING ADVOCATED FOR THE CONSTRUCTION OF SHIPS
WILLIAM DiBENEDETTO |
Maritime finance experts say a fundamental rethinking of ship construction funding techniques is nee
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago2/13 2/12 Change % Change:
EC OILSEEDS INDUSTRY SLAMS US EXPORT SUBSIDY HIKE
Bruce Barnard |
The European Community oilseeds industry Wednesday protested the U.S. decision to raise export subsi
RECESSION MAY FORCE ALCAN TO SLOW SPENDING ON MODERNIZATION PROJECTS
From Wire Reports |
Alcan Aluminium Ltd., hurt by falling aluminum prices and a recession that has cut industry's appeti
NATIONAL ALUMINUM SEEKS INDIAN NOD TO EXPAND CAPACITY
Knight-Ridder Financial |
National Aluminum Co. Ltd. will soon submit for government approval an expansion proposal to raise i
FUTHER LOSSES FOR SILVER SEEN LIKELY BEFORE MARKET GETS BACK ON TRACK
Leonard J. Hollie |
Silver traders are poised for more price declines. After hitting new 17-year lows since Janu
RAILRAODS, UNIONS AGREE TO 60-DAY EXTENSION OF NEGOTIATIONS
Geoffrey H. Brown |
The nation's largest freight railroads and their unions agreed to a 60-day extension of the deadline
WAR-RISK RATES SLASHED FOR SOME PERSIAN GULF AREAS
Knight-Ridder Financial |
Lloyd's of London insurers' war-risk rating committee on Wednesday announced significant cuts in car
BELGIUM'S SABENA UNVEILS RESTRUCTURING PLAN
Bruce Barnard |
Sabena, Belgium's ailing state-owned airline, Tuesday unveiled a far-reaching survival plan involvin
REFITTED PLANT TO USE HIGH-SULFUR OIL
Journal of Commerce Special |
Improvements to Boston Edison Co.'s South Boston generating plant will enable it to burn higher sulf
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,475-$1,485 per ton lots & in warehouse min. 99.
FARRELL SEEKS NOD TO BUY FOREIGN VESSELS
Bruce Vail |
In what is shaping up to be the biggest maritime subsidy fight of the year, Farrell Lines Inc. has r
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