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CONRAIL-CP ACCORD MAY HAVE LITTLE IMPACT ON COMPETITION
Geoffrey Brown |
The trackage rights settlement agreed to by CP Rail and Consolidated Rail Corp. gives CP access to t
POSSIBLE TRUCE IN ANGOLA COULD LEAD TO RENEWAL OF RELATIONS WITH US
HELENA SOUSA and CHARLES THURSTON |
There are fresh expectations that an Angolan truce may soon take place between U.S.-backed Unita reb
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Dec. 17, 1990Dubai Crude Oil - (Dollars Per Barrel
PAPERLESS TRADING HELPS AIR EXPRESS COURIERS
Tony Seideman |
Air express carriers are reaping significant benefits from standardized paperless trading systems on
TRADE BRIEFS
Wire and Staff Reports |
EC BORDER CONTROLS ON EXCISE DUTY TO ENDBRUSSELS, Belgium - European Community finance minis
Maritime
UNITED STATES CONSIDERS TIED AID AN EXPORT SUBSIDY
Jan Alexander |
The U.S. government views the practice of tied aid, or mixed credits, as a ''massive export subsidy,
Maritime
BECHTEL UNIT WINS SHARE IN WORK ON HONG KONG WASTE TREATMENT UNIT
Mark Magnier |
A Bechtel Group subsidiary said is won a contract to design and build a comprehensive chemical waste
Maritime
FOREST ALLIANCE SAYS LUMBER PRICES COULD JUMP MORE THAN 80 PERCENT BY 2000
John Davies |
Miscalculations in timber production forecasts, coupled with strong international demand for timber,
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
HOME INSURANCE DEAL GETS BANK BACKINGAmBase Corp. said Monday that it had received a letter
TRAFFIC BRIEFS
Wire and Staff Reports |
UNIT COS. ACQUIRES DALLAS WAREHOUSE CO.JACKSONVILLE, Fla. - Unit Cos. became the largest thi
SAUDIS INVITE FRESH BIDS FOR NAPHTHA FOR 1991
Knight-Ridder Financial |
Saudi Arabia's national oil company, Samarec, is asking for fresh bids on naphtha for 1991 loading a
COLLAPSE OF P-I-E FREES UP SOME FREIGHT IN SLOW ECONOMY
Gregory S. Johnson |
The collapse of trucking giant P-I-E Nationwide Inc. will release some $300 million of freight into
AMEX LAUNCHES JAPAN EXPORT PROGRAM
William Armbruster |
The American Stock Exchange and the Japan External Trade Organization are launching a program to enc
ANALYSTS EXPECT THE FED TO EASE MONETARY POLICY
Cathy Kristiansen |
In their last meeting of 1990, Federal Reserve policymakers are most likely to vote on an immediate
HONGKONG AND MIDLAND BANKS CALL OFF TALKS ON A MERGER
Knight-Ridder Financial |
Hongkong and Shanghai Banking Corp. and Midland Bank called off their longstanding merger talks, say
MALAYSIAN INSURER OPTS FOR OFFSHORE SITE
Jacob Daniel |
Malaysian National Insurance Sdn. Bhd. will soon set up offshore operations on Labuan Island, a desi
SEAWAY AGENCIES GRANT WAIVER OF LATE-TRANSIT SURCHARGE
Journal of Commerce Staff |
Ships using the St. Lawrence Seaway on Thursday through Sunday of this week will be spared the usual
Maritime
US SHIPBUILDERS TO PUSH FOR SANCTIONS LEGISLATION
WILLIAM DiBENEDETTO |
With international talks to end shipbuilding subsidies at an impasse, U.S. shipbuilders will press h
Maritime
REPORTS OF SOVIET BUYING LIFT GRAIN, SOYBEAN FUTURES
Howard Simon |
Grain and soybean futures traded higher Monday amid unconfirmed reports the Soviet Union would buy l
GATT DIRECTOR CALLS MEETING FOR JAN. 15
From Wire and Staff Reports |
Arthur Dunkel, GATT director-general, has called a meeting of Uruguay Round trade negotiators for Ja
Maritime
WORLD TRADE TALKS' OUTCOME IN LIMBO AS EC LEADERS MEET
Bruce Barnard |
The outcome of the stalled global trade negotiations is still unclear after European Community leade
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,640-$1,700 per ton lots & in warehouse min. 99.
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 17, 1990 Prices in the spot chemicals table include spot quotations or list price
BALTIC FREIGHT INDEX
JOC Staff |
1437 (Dec. 17, 1990) Previous day - 1441 The Baltic International Freight Futures Market in
Maritime
US WHEAT FLOUR DEMAND UP
Suzanne Carter |
As holiday cookie, cake and bread consumption nears its peak this Christmas and Hanukkah season, U.S
CHINESE STOCKPILES OF GOODS MOUNT AS RETAIL SALES REMAIN STAGNANT
Knight-Ridder Financial |
Stockpiles of unwanted goods continue to mount as China's retail sales remain stagnant, according to
STUDY SEEN VETOING MASSIVE SOVIET AID
Wire Reports |
An in-depth study of the Soviet economy concludes that massive Western aid at this time would be was
THE ECONOMY PREDICTIONS FOR CONSUMER PRICES SHIFT
Knight-Ridder Financial |
Many economists revised their forecasts for the consumer price index after the producer price index
POWER GENERATION RISES IN S. KOREA
Knight-Ridder Financial |
South Korea's power generation in November increased 13.4 percent from a year earlier, and was up 7.
AUSTRALIAN SHIPPERS GROUP DEALS WITH LINES
Vincent W. Stove |
A new organization was established in Australia to help shippers negotiate deals with shipping confe
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
MARINE SPILL RESPONSE CORP. (Washington) - John D. Costello was named president of the not-for-profi
Maritime
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 SELLS LONDON, O'HARE GATES TO AMERICAN, OFFERS TO BUY PAN AM
(Reuter) |
Trans World Airlines Inc. shook the U.S. airline industry this week by selling all of its facilities
US TELEVISION PROGRAMS IN HIGH DEMAND ABROAD
Ed Bark |
It didn't take long for Andrzej Drawicz to make a mark as Poland's new television president. He boug
Maritime
LOWER US RATES BOOST MEXICAN BOND PRICES
Knight-Ridder Financial |
Declining U.S. interest rates and reports that Mexican bonds may get investment-grade ratings helped
END OF COLD WAR PUTS NEW STRAINS ON US-JAPAN TIES
William Armbruster |
Japan's growing economic might, combined with ongoing trade tensions, weakness in the American econo
SPOT COMMODITIES
JOC Staff |
Dec. 17, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
JOINT VENTURE TO MARKET SPILL CONTROL CRAFT IN US
Journal of Commerce Staff |
A leading U.S. tanker company and an Italian marine services company launched a joint venture that w
Maritime
US POSTAL SERVICE OFFERS AIRLINES NO RATE INCREASE
Ira Breskin |
The U.S. Postal Service is pressuring airlines to continue carrying airmail at current contract rat
SOVIET LUMBER IMPORT RULES LIKELY BY EARLY '91
Knight-Ridder Financial |
A U.S. Department of Agriculture official Monday said the agency should finalize by early 1991 a set
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