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COMMISSION DEFERS ACTION ON FREIGHT TARIFF PROPOSALS TRUCK PROBE UNDER WAY
Leo Abruzzese |
The Interstate Commerce Commission deferred action on a trucking industry proposal that would force
BRAZIL CONTINUES TO STUDY POSITION ON COFFEE ACCORD
Knight-Ridder Financial |
The Brazilian government's position on a possible return of International Coffee Agreement export qu
CLARIFICATION
JOC Staff |
An Insurance Brief titled, "Central Told to Halt Sales in California," which appeared on Page 11A of
NEW CUSTOMS MARKING RULE HITS FURNITURE IMPORTERS POLICY INVOLVES 'KNOCK-DOWNS'
Rosalind Rachid |
A new Customs Service policy on displaying a product's country of origin is expected to make life mo
Maritime
GATT GROUP BEGINS TALKS ON DUMPING AGREEMENT
Knight-Ridder Financial |
Negotiators seeking to draft a new anti-dumping code for the General Agreement on Tariffs and Trade
Maritime
EC COMMISSION CONTINUES PLANS FOR DEREGULATION AIRLINES BALK AT 'OPEN SKIES'
Bruce Barnard |
European airlines, facing a painful profit squeeze and soaring fuel bills, are bracing for another b
BALTIC FREIGHT INDEX
JOC Staff |
1192 (Sept. 5, 1990) Previous day - 1193 The Baltic International Freight Futures Market in
Maritime
USE OF SOVIET SHIP WEIGHED
Journal of Commerce Staff |
The U.S. Navy is considering employing a Soviet cargo ship to carry American miltary equipment to th
FREIGHT RATE FUTURES
JOC Staff |
Sept. 5, 1990 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BECHTEL CORP. GETS CONTRACT FOR ARCO REFINERY PROJECT
Mark Magnier |
Arco Products Co. awarded Bechtel Corp. the design and engineering phase of an estimated $100 millio
OGDEN ALLIED TO ACQUIRE ARA UNIT
Journal of Commerce Staff |
Ogden Allied Services Corp. agreed to buy Ground Services Inc., a subsidiary of ARA Group Inc. of Ph
TIM SANSBURY'S INSIDE TALK ON ENERGY
Tim Sansbury |
CINCINNATI GAS & ELECTRIC CO. expected to name winners of coal supply contracts for its Zimmer power
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Sept. 5, 1990Brent Crude Oil(Dollars Per Barrel)
WHY LYKES BROS. MOVED TO ANTWERP
Allen R. Wastler |
Lykes Bros. Steamship Co., looking to reduce costs in its European operations, is shifting port call
ARCO SETTLES SUIT
John Maggs |
Arco Chemical Co. settled antitrust charges by agreeing to sell part of the urethane chemicals busin
COMMODITY BRIEFS
From Wire and Staff Reports |
STRIKE DISRUPTS OUTPUT AT AUSTRALIAN SMELTERSYDNEY, Australia - A strike that began Monday h
HIGHER NAPHTHA PRICES HIT SINGAPOREAN CHEMICAL FIRMS
Valerie Lee |
The sharp escalation in naphtha prices due to the gulf crisis will trim profits of petrochemical com
ONTARIO JITTERY ON EVE OF ELECTION
Leo Ryan |
When Ontario Premier David Peterson recently called an early vote, two years before the normal compl
Maritime
TRADE BRIEFS
Wire and Staff Reports |
NORTH, SOUTH KOREA VOICE DISAGREEMENTSSEOUL, South Korea - North and South Korean prime mini
Maritime
NEWS SUMMARY
JOC Staff |
* Trading With Grenada 4A * Hong Kong Urged to Push Upscale Watches 5A* Textile Companies Ad
ENERGY BRIEFS
Wire and Staff Reports |
PURCHASES SUSPENDED FOR STRATEGIC RESERVEThe Energy Department temporarily suspended further
BRAZIL'S CHIEF MOVES TO QUELL WIDE UNREST
From Wire Reports |
President Fernando Collor de Mello, fearful of a social backlash from his fierce austerity measures,
PHILADELPHIA AREA STEVEDORE AIMS TO MOVE CRANES ACROSS DELAWARE
Allen R. Wastler |
A Philadelphia area stevedore is seeking clearance from a New Jersey state agency to move container
Maritime
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Sept. 5, 1990Dubai Crude Oil(Dollars Per B
SPOT PRODUCT PRICES
JOC Staff |
Sept. 5, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
NATURAL GAS PRICES STEADY SINCE IRAQ INVASION
Sam Glasser |
Natural gas prices have barely risen since the Iraqi invasion of Kuwait on Aug. 2, while crude oil a
CROWLEY CARIBBEAN TRANSPORT BATTLES IMAGE PROBLEM IN MIAMI FORWARDERS CITE WORRIES
Craig Dunlap |
The reorganization of Crowley Maritime Corp.'s Atlantic Division has generated concern and mistrust
Maritime
FOREIGN LINES CRITICIZE INDIAN POLICY ON CARGO
Journal of Commerce Special |
Even as the government moves to liberalize industrial and other economic policies, it appears to be
Maritime
CHINA OPENS SOVIET RAIL LINK, ANNOUNCES PLANS FOR NEW ROUTES
P.T. Bangsberg |
A new Eurasian "continental bridge" moved a stage closer to reality this week as China opened a 285-
RHONE-POULENC INCOME FALLS
From Wire Reports |
France's Rhone-Poulenc Group, the huge chemicals concern, Wednesday reported operating income of 3.
SOVIET FARMERS HOLD OUT FOR BIGGER SLICE OF PROFIT CHRONIC BREAD SHORTAGE REPORTED
From Wire Reports |
Soviet farmers seeking profits on the open market are causing chronic bread shortages in the cities
DOLLAR SLUMPS ON TALK OF INTEREST RATE CUT
Knight-Ridder Financial |
The U.S. dollar was broadly lower Wednesday afternoon after falling sharply over seas. Behin
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 235.14 up 1.43 which compares
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in warehouse min. 99.
GASOLINE PRICES
JOC Staff |
Sept. 5, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
SEA-LAND TO INCREASE HAWAIIAN ROUTE RATES
Journal of Commerce Staff |
With the cost of bunker fuel up 55 percent, Sea-Land Service Inc. intends to take a 1.6 percent emer
Maritime
PEOPLE - TRANSPORT
Wire and Staff Reports |
MIDWAY AIRLINES (Chicago) - Alfred S. Altschul was named senior vice president of finance and chief
JAPAN'S LIFE INSURERS WEATHER STOCK MARKET PLUNGE
Kuniko Baba |
Stung by the local stock market's plunge this year, Japan's major life insurers are abandoning short
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
CEREAL HARVEST STEADY IN UK
Knight-Ridder Financial |
The U.K.'s National Farmers Union Wednesday estimated the country's total 1990 cereal harvest at 22.
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