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LUFTHANSA GRANTED CHARLOTTE ROUTE MOVE SEEN AID TO SHIPPERS
Leo Abruzzese |
U.S. transportation officials granted Lufthansa German Airlines permission to fly between fast-growi
TEXAS FIRM BUYS A SHEARSON UNIT
Journal of Commerce Special |
A San Antonio, Texas, insurance company announced the acquisition of Shearson Lehman Hutton Insuranc
MM&P UNIT REACHES TENTATIVE AGREEMENT BAY AREA PACT TO SPAN 4 YEARS
Mark Magnier |
Inland Branch 40 of the Pacific Maritime Region of the International Organization of Masters, Mates
Maritime
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
ACETATE YARNS Hoechst-Celanese Corp.'s Textile Fibers Group Monday said it would increase pr
SENATE PANEL CALLS FOR VOTE ON JURISDICTION
Knight-Ridder Financial |
Senate Agriculture Committee leaders this week will try once again to force a vote on a controversi
YEUTTER OUT TO PIN JAPAN, EC IN FARM TRADE WRESTLING MATCH
Jonathan Knutson |
There's a professional wrestler by the name of Jim "Hacksaw" Duggan who carries an American flag in
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 18, 1990CRUDE OIL(1,000 barrels; dollars and cents
CS HOLDING WINS CONTROL OF BANK LEU
From Wire Reports |
Credit Suisse bank's parent Tuesday won control of Switzerland's oldest bank, 235-year-old Bank Leu.
UN BODY: ASIAN SHIP SECTOR NEEDS INVESTMENT
Kenneth J. Stier |
The maritime sector in Asia and the Pacific will require nearly $20 billion of investment during the
Maritime
1992 - THE EUROPEAN COMMUNITY ROUNDUP WEEK OF JUNE 18
Journal of Commerce Staff |
European Community trade and foreign ministers on Tuesday provisionally agreed to ask Japan to imple
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
ALLFREIGHT INTERNATIONAL INC. (Seattle) - Brian D. Gill joined this international freight forwarder
COST OF CREDIT
JOC Staff |
Tue., June 19, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
P&LE FUTURE IN DOUBT AS SALE PLAN HITS SNAG
Leo Abruzzese |
The future of the ailing Pittsburgh & Lake Erie Railroad Co. is in jeopardy now that the pending sal
NY FED OFFICIAL WARNS ON US OVERSEAS LOANS
Knight-Ridder Financial |
U.S. borrowers could become more susceptible to credit market problems abroad if overseas borrowing
SEAWAY ANNOUNCES INCENTIVE TOLL PLAN PILOT PROGRAM SET FOR SUMMER
Leo Ryan |
Tolls on the St. Lawrence Seaway will be cut in half for some cargoes this summer under a three-mont
Maritime
UNDERWRITING LOSSES SOAR FOR INSURERS FROM THE UK
Edwin Unsworth |
In presenting its annual results for 1989 here Tuesday the Association of British Insurers (ABI), wh
CHEMICAL BRIEFS
From Wire and Staff Reports |
WITCO HIKES EUROPEAN SULFONATES CAPACITYWitco Corp. said it will expand sulfonate capacity a
NETWORK FOR FREIGHT FORWARDERS GOES LIVE IN LONDON
Edwin Unsworth |
An electronic communications network dedicated to freight forwarders began commercial operations her
SPOT PRODUCT PRICES
JOC Staff |
June 19, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
CHINA TIGHTENS CONTROLS OVER COAL EXPORTS
P.T. Bangsberg |
Complaints from overseas customers are forcing another shake-up in China's coal export sector, with
ASIAN FUTURES
JOC Staff |
June 19, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
ENERGY BRIEFS
Wire and Staff Reports |
AUSTRALIA WON'T END RESOURCE RENT TAXSYDNEY, Australia - Alan Griffiths, resources minister,
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 19, 1990Bid AskedCopper-
EUROMARK FUTURES PLANNED BY SIMEX
Knight-Ridder Financial |
After a sucessful launch of Euroyen options, the Singapore International Monetary Exchange is workin
EC DISLODGES SOME MORE BRICKS FROM EUROPEAN AIRLINE CARTEL
Bruce Barnard |
European Community transport ministers approved a package of measures to liberalize the European air
CANADA MULLS ROLE IN US TALKS WITH MEXICO
Leo Ryan |
Canada will decide in September whether it should participate in theU.S.-Mexico talks on free trade
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 19, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
FEDERAL EXPRESS TO RAISE RATES FOR HEAVYWEIGHT SHIPMENTS JULY 1
Ira Breskin |
Most shippers won't be affected by Federal Express Corp.'s plan to impose "a moderate rate increase"
EAST GERMANY COULD LOSE 2 MILLION JOBS
From Wire Reports |
Nearly 2 million jobs could be lost in East Germany after the currency and economic union between th
EDI EXCHANGE
Tony Seideman |
''THAT'S NOT THE ANSWER I wanted to hear," was the response of Rep. James H. Bilbray, D-Nev., to an
COMMODITY BRIEFS
From Wire and Staff Reports |
S. AFRICAN GOLD OUTPUT ROSE 2.2 PERCENT IN MAYJOHANNESBURG, South Africa - South African gol
SPOT COMMODITIES
JOC Staff |
June 19, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
SABENA'S AIR TRANSPORT UNIT SHOWED LOSS FOR '89
Bruce Barnard |
Sabena, Belgium's state-controlled national airline, Tuesday said it suffered a 1.26 billion Belgian
AVIATION BRIEFS
From Wire and Staff Reports |
RENTSCHLER NAMED NORTHWEST PRESIDENTST. PAUL, Minn. - Frederick B. Rentschler was named pres
PUBLISHER'S NOTEBOOK
Don C. Becker |
I always enjoy talking with people who are locked in uphill battles . . . particularly if they are o
THE ECONOMY
JOC Staff |
ECONOMIC EXPANSION EXPECTED TO BE STRONGExpansion of the money supply over the past year has
AVIATION BRIEFS
From Wire and Staff Reports |
METRO AIRLINES INC. flew 55.1 million revenue passenger-miles in May, up from 40.3 million in May 19
TRAFFIC BRIEFS
Wire and Staff Reports |
ICC APPROVES SALE OF UNION PACIFIC TRACKThe Interstate Commerce Commission Tuesday approved
HONG KONG WOMEN DO LUNCH, DOLLARS
(Reuter) |
In Hong Kong, rich ladies lunch, shop and play the foreign-exchange market. Dealers who have
LTV SAYS IT CAN'T AFFORD TO FUND PENSION PLANS
From Wire Reports |
LTV Corp. said it cannot afford to resume responsibility for $2.3 billion in pension liabilities des
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