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DALE STEFFES' ENERGY OUTLOOK
Dale Steffes |
PRESIDENT BUSH'S LIPS QUIVERED, and gasoline prices are ready to jump 25 cents a gallon. As
JAPANESE TURN PLASTIC INTO BLACK GOLD
From Wire Reports |
A private Japanese company and a government research center discovered a way to turn plastic waste i
ARCO CHEMICAL HAS LOCK ON 35 PERCENT OF POLLUTION-CUTTING FUEL ADDITIVE
Marian Uhlman |
Arco Chemical Co. is in the catbird seat. While the nation's major oil producers race to mak
ENERGY BRIEFS
Wire and Staff Reports |
NIPPON OIL SEEKS PARTNER FOR PROJECTNippon Oil Co. Ltd. is seeking a foreign tie to develop
AUSTRALIA'S TNT SPROUTS WINGS IN EAST BLOC
Phillip Hastings |
Australian-based transport organization TNT has stepped up its coverage of Eastern Europe with the s
NY AIRPORT CLOSES ITS ANIMAL EXPORT FACILITY
Journal of Commerce Staff |
Stewart International Airport in Newburgh, N.Y., has closed its animal export station, Jim McGuinnes
MEMPHIS HIKES AIRPORT FEES
Alan Salomon |
Memphis International Airport, in a budget move that carries the blessings of Federal Express Corp.
SPOT COMMODITIES
JOC Staff |
May 18, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
FREIGHT RATE FUTURES
JOC Staff |
May 18, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,900-$1,990 per ton lots & in warehouse min. 99.
US DETAILS BILATERAL EFFORTS TO OPEN FOREIGN MARKETS
Geoffrey Brown |
J. Michael Farren, Under Secretary of Commerce for International Trade outlined the United State's b
US CUSTOMS APPROVES LOW-COST AIR SOFTWARE MOVE ALLOWS SMALLER FIRMS TO AUTOMATE
Tony Seideman |
The U.S. Customs Service approved the first low-cost software packages for automating air carrier li
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
FORMER EXXON SHIPPING CHIEF LAUDS CLEANUP
Journal of Commerce Special |
Frank Iarossi, the former head of Exxon Shipping Co., sees one bright spot in the black story of the
Maritime
INSURERS TOLD: 'GO GLOBAL' OFFICIAL STRESSES OPPORTUNITIES
Geoffrey Brown |
Competitive pressures in U.S. market and new opportunities abroad make it increasingly necessary for
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
PRICES OF OCEAN FREIGHT FUTURES CONTRACTS moved up last week, but the closely watched Julycontract f
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
MASS. INSURERS WARNED ON AUTO RATE HIKESMassachusetts Insurance Commissioner Timothy Gailey
SUBCOMMITTEE PROBES INSURER INSOLVENCY
From Wire Reports |
The "single biggest risk" insurers will face during the course of their professional career is the t
BALTIC FREIGHT INDEX
JOC Staff |
1311 (May 18, 1990) Previous day - 1309 The Baltic International Freight Futures Market in L
Maritime
CNA REPORTS DECLINE IN INCOME FOR QUARTER
From Wire Reports |
CNA Insurance Cos. reported first quarter operating income of $88.2 million, or $1.39 a share, down
ARBELLA MUTUAL AN ISSUE IN MASS. POLITICS
TOM McNIFF Jr. |
Associates of a Massachusetts gubernatorial candidate continue to benefit financially from an insura
TRAFFIC BRIEFS
Wire and Staff Reports |
BRIX MARITIME ORDERS TOP CAPACITY BOX BARGEPORTLAND, Ore. - Brix Maritime Co., Portland, Ore
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JUSTICE JOINS OPPOSITION TO MINIMUM RATE PLAN TRUCK GROUP'S PROPOSAL CALLED 'EXTRAORDINARY'
Leo Abruzzese |
The Justice Department joined the nation's freight shippers in urging the Interstate Commerce Commis
LARRY KAUFMAN'S INSIDE TALK ON RAILROADS
Larry kaufman |
RAILROADS' RELATIONS WITH CUSTOMERS are changing. That message came through at the annual meeting la
NS SELLS TRACKAGE, FACILITIES IN PA., OHIO
Journal of Commerce Staff |
Norfolk Southern Corp. Thursday sold 446 miles of track and facilities in eastern Ohio and western P
KUWAITI TANKER CREWS LOSE US WAGE BID
Allen R. Wastler |
Philippine seamen who manned 11 Kuwaiti tankers put under the U.S. flag during the war between Iran
Maritime
US, SOVIETS WRAP UP SHIP PACT CARGO SHARING PLAYED DOWN
Mark D. Berniker |
U.S. and Soviet maritime negotiators agreed last week on essential provisions of a new shipping pact
DOCKERS, EMPLOYERS END ROUND OF TALKS
Journal of Commerce Staff |
Waterfront management and labor last week wrapped up two days of bargaining toward a new master cont
Maritime
USDA TO BLOCK BIG SUPPLIERS' GRAIN TRANSPORT AGENCY REFUSES TO ALTER STANCE
Allen R. Wastler |
In an effort to protect small grain producers, the Department of Agriculture will continue to block
Maritime
APC CHIEF TELLS WHY ORRIS LEFT
Mark Magnier |
The sudden departure of Don Orris from American President Cos. late last month was prompted by diffe
OOCL PARENT IS BACK IN THE BLACK
P.T. Bangsberg |
Orient Overseas (Holdings) Ltd. bounced back into profit in 1989, buoyed by stronger business despit
Maritime
DEFRIES WINS TOP AWARD IN SHIPPING
Journal of Commerce Staff |
Longtime maritime labor leader C.E. "Gene" DeFries was named late last week as the winner of the mar
Maritime
LOAN WOULD HELP NICARAGUA IMPORT US OIL
Charles Thurston |
Nicaragua's new president, Violeta Chamorro, may have trouble keeping thelights on in her fl
BALTIMORE'S SEAGIRT GETS ITS FIRST TENANT
William Armbruster |
Baltimore's new Seagirt containership terminal, whose opening has been delayed by labor unrest, fina
SPLIT DEVELOPS IN TRADE TALKS OVER US LAW
Keith M. Rockwell |
A major rift is developing in the complex multilateral trade negotiations over demands by U.S. tradi
BECHTEL WINS CONTRACT FOR JAPANESE COMPLEX
Mark Magnier |
Bechtel Group is finding that some of the best deals are made on the golf course. The San Fr
FAA MAY BAN SOME JETLINER CARGO
Ira Breskin |
The Federal Aviation Administration, as part of an internal study, is considering banning certain ty
INSURANCE BRIEFS
Wire and Staff Reports |
CREDIT AGRICOLE SETS UP P/C COVER SUBSIDIARYMutual banking group Credit Agricole has set up
SWEDISH INSURER ASSETS ROSE 24 PERCENT IN QUARTER
JOC Staff |
Swedish insurance companies had a total balance sheet value of 520 billion Swedish kronor (6.008 kro
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