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MARKETS AND MONEY
Albert L. Kraus |
''WARNING: THESE EXPORTS COULD BE INJURIOUS to the economic health of the nation." You're not likely
OPEC REACHES AGREEMENT TO CUT OUTPUT
(Ap) |
OPEC ministers unanimously agreed Thursday to cut the cartel's total crude output by 1.45 million ba
ENERGY BRIEFS
Wire and Staff Reports |
NJ UTILITY BOARD PLANS CONSERVATION INCENTIVESNEWARK, N.J. - The Board of Public Utilities a
NYK LINE TO LAUNCH SHIP LINK TO VIETNAM
Mark Magnier |
NYK Line plans to start a direct service between Japan and Vietnam as well as a feeder service betwe
TRAFFIC BRIEFS
Wire and Staff Reports |
RAIL DAMAGE PAY-OUTS ROSE 3.6 PERCENT IN 1989Railroad pay-outs for freight and damage claims
PENSION FUND FILES SUIT AGAINST TRANSCON LINES
Leo Abruzzese |
One of the nation's largest pension funds filed suit in federal court in Los Angeles to force Transc
GREG JOHNSON'S MANAGING TRAFFIC
Greg Johnson |
INTERMODALISM WAS ON EVERYBODY'S MIND at this week's National Association of Rail Shippers' annual m
MARITIME CALENDAR
JOC Staff |
MAINE MARITIME ACADEMY. May 7-11. Castine, Maine. Petroleum Tanker Safety Course. (207) 326-4311.
Maritime
INSURANCE CALLED NOT ONLY WAY TO FUND STORAGE TANK LIABILITIES
TOM McNIFF Jr. |
Insurance is not the only way to fund underground storage tank liabilities, ''and it's a good thing,
BULLETIN BOARDS HELP FULFILL THE COMPUTER'S PROMISE
James Lileks |
I was sitting at my computer, typing some nonsense, when the keyboard froze. Nothing I typed showed
PANEL APPROVES BILL TO LIBERALIZE US EXPORT CURBS
Richard Lawrence |
The House Foreign Affairs Committee Thursday approved legislation to pare away "strategic" U.S. expo
EXPORT BRIEFS
Wire and Staff Reports |
US REMOVES ROADBLOCK TO POSSIBLE ACQUISITIONPresident Bush has removed a legal hurdle to the
Maritime
RETAILERS SAY SALES PICKED UP IN APRIL
(Ap) |
Retail sales generally rebounded in April as consumers returned to stores to shop for Easter and spr
AVIATION BRIEFS
Wire and Staff Reports |
PLANS FOR NEW AIRLINE MAY HIT EC SNAGBritish Airways' attempt to form an airline with Sabena
OXY SOVIET PLANT DELAYED BY ENVIRONMENTAL CONCERNS
Pei-Tse Wu |
Occidental Chemical Corp.'s ambitious plans to build large petrochemical plants in the Soviet Union
HARMONIZING REGULATION SEEN HURTING FUTURES
Howard Simon |
Commodity Futures Trading Commissioner William Albrecht lent his support to CFTC Chairman Wendy Gram
SPOT PRODUCT PRICES
JOC Staff |
May 3, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f.
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
OUTLOOK IS GOOD FOR EXPORT BARGES ON MISSISSIPPI
Tim Sansbury |
There will be smooth sailing for export coal barges on the Mississippi River system this year, U.S.
BALTIC FREIGHT INDEX
JOC Staff |
1345 (May 3, 1990) Previous day - 1352 The Baltic International Freight Futures Market in Lo
Maritime
COAST GUARD ISSUES ON RULE GARBAGE
Journal of Commerce Staff |
A U.S. Coast Guard interim rule will require U.S. vessel operators to draft waste management plans a
Maritime
AGING SHIP HEADED FOR NEW PORT
(Ap) |
Ship lovers Wednesday feared the SS Milwaukee Clipper would ride its last wave into a junk heap, sol
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
STC WINS INJUNCTION TO PREVENT PICKETING AT PORT OF PORTLAND
Judy Rooks |
Longshore pickets are not likely to disrupt loading of cable at STC Submarine Systems Inc. in Portla
Maritime
EARNINGS OFF SHARPLY AT GM, FORD
(Ap) |
General Motors Corp. Thursday reported its first-quarter profit fell 54 percent and Ford Motor Co.'s
AIR CANADA BOLSTERS BORDER TRUCK NETWORK
Ira Breskin |
Air Canada is taking steps to become a bigger player in the North American air cargo market.
FINANCIAL BRIEFS
Wire and Staff Reports |
MOROCCO SET TO CREATE OFFSHORE BANK SYSTEMRABAT, Morocco - Morocco plans to create an offsho
LIFE SECTOR OFFERS PLAN TO HELP KEEP HEALTH CARE ALIVE
Kenneth Silverstein |
The rise of the long-term health care issue on the American agenda is prompting proposals that claim
DOLLAR DECLINES IN DULL TRADING
Knight-Ridder Financial |
The U.S. dollar declined against key currencies except the Japanese yen Thursday in continued dull t
DECONTROL OF MEXICAN BANKS CALLED KEY TO NEW INVESTMENT
Paula Green |
The prospect that Mexico will soon return its commercial banks to private control has even the harsh
WHARF EXTENSION AT OAKLAND PORT ALLOWS MORE SPACE FOR MAERSK
Mark Magnier |
A completed wharf extension project at Maersk Line's terminal facility in Oakland will give the Dani
Maritime
MTL SELLS 50 PERCENT STAKE IN TANKER SUBSIDIARY
David F. White |
Marine Transport Lines Inc. has agreed to sell 50 percent of a tanker operating subsidiary to P&O Bu
PORTLAND FINALLY GETS REPLACEMENT FOR CRANE
Judy Rooks |
The Port of Portland's huge new crane is finally standing on its own legs at Terminal 2, three days
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
AMERICAN INTERNATIONAL GROUP INC. (New York) - AIG has realigned management responsibilities in its
NEW PRODUCTS
Wire and Staff Reports |
FURNITURE FORECAST: E. EUROPE INFLUENCEHIGH POINT, N.C. - Country, with lots of comfort buil
Maritime
AEI POSTS INCREASE IN EARNINGS, REVENUE
Journal of Commerce Staff |
Air Express International, the large air freight forwarder, earned $1.6 million, or 32 cents a share
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus, Markets & Money 3A * Customs Update 4A* Howard Simon - Simon Says 7A<
CUOMO PUSHES BUSINESS IN EUROPE
Leo Ryan |
Companies from the United States and Canada must become an integral part of the future European trad
Maritime
BIG BOOST FORECAST IN IMF RESOURCES
Richard Lawrence |
A major International Monetary Fund package, featuring a roughly $60 billion boost in the agency's r
DATA WITHHELD ON EFFECT OF DRIVE TO PROTECT OWL
Knight-Ridder Financial |
Forest Service officials Wednesday refused to release details to a House panel on how efforts to pro
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