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SHIPOWNERS, INSURERS WARNED ON TOUGHER ACCIDENT ATTITUDE
Edwin Unsworth |
Shipowners and marine insurers were warned Wednesday that they face a tough time in years to come be
SENATE VOTES TO LET STATES LIMIT LOG EXPORTS FROM PUBLIC LANDS
John Davies |
An amendment that would empower states to ban exports of logs from state lands won overwhelming appr
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
AT&T FORMS VENTURE FOR DATA NET IN EUROPEMARIETTA, Ga. - AT&T Tridom, a subsidiary of Americ
Maritime
MC SHIPPING POSTS PROFIT FOR QUARTER
Journal of Commerce Staff |
MC Shipping Inc., an owner of small multipurpose vessels and containerships, had net income of $543,
Maritime
TRADING WITH AUSTRIA E. EUROPEAN TIES ATTRACT US COMPANIES
Duncan Robinson |
Some U.S. companies looking to invest in Eastern Europe have found that the road through Austria is
Maritime
VENEZUELA HOPES TO SUPPLY US OIL RESERVE
Tim Sansbury |
Venezuela will make a proposal this week, during a visit by President Carlos Andres Perez, to help s
FINANCIAL BRIEFS
Wire and Staff Reports |
YASUDA TO BUY STAKE IN MALAYSIAN BANKJapan's Yasuda Trust and Banking Co. announced Wednesda
CF REPORTS $37.1 MILLION LOSS
Leo Abruzzese |
Consolidated Freightways Inc., one of the nation's largest transportation companies, lost $37.1 mill
NEWS SUMMARY
JOC Staff |
* Trading With Austria 4A * Tom Connors - Washington 8A* Two Germanys' Shipbuilders Plan Maj
SHIPPERS FIND PACIFIC CONFERENCES VARY WIDELY
Bill Mongelluzzo |
Cargo shippers between Asia and the United States gave high marks this week to the carrier group th
NORFOLK SOUTHERN LISTS BEST FIRST QUARTER EVER
Lawrence H Kaufman |
Norfolk Southern Corp. set a first-quarter record for earnings and revenue. The Norfolk, Va.
BUSH TEAM ACTS TO QUIET FOREIGN INVESTMENT FUROR
Richard Lawrence |
A bill the Bush administration hopes will help defuse congressional calls for tougher foreign invest
CONGRESS TO REVIEW PRIVATE CROP COVER
Knight-Ridder Financial |
Rep. Fred Grandy, R-Iowa, introduced a plan to turn the federal crop insurance program over to priva
PATENT WAR DAVIDS SCORE HITS ON CORPORATE GOLIATHS
Richard Burke |
In February, a 66-year-old Princeton, N.J., inventor was awarded more than $71 million in a patent-i
COCOA GROUP CUTS SURPLUS ESTIMATE
Knight-Ridder Financial |
The International Cocoa Organization Wednesday forecast the 1989-90 world cocoa surplus at 154,000 m
SHOREHAM DECOMMISSIONING BIDS SOUGHT
(Ap) |
The Long Island Power Authority announced Wednesday that it is requesting bids from engineering firm
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago4/25 4/24
CALIFORNIA OUTLINES TRADE STANCE
Journal of Commerce Special |
The California State World Trade Commission outlined its position on various trade issues in a recen
Maritime
EXXON PIPE WEAK FOR LONG TIME, NJ SAYS
(Ap) |
A state-commissioned report concluded the Exxon Corp. pipeline that poured 567,000 gallons of heatin
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CURRENT ACCOUNT DEFICIT WIDENS IN BRITAINThe United Kingdom's seasonally adjusted current ac
UNION ELECTRIC BUYS COLO. COAL
Journal of Commerce Staff |
Citing the requirements of tougher clean air regulations as a factor, Union Electric Co., St. Louis,
US DOLLAR DECLINES ON SWISS FRANC RALLY
Knight-Ridder Financial |
The U.S. dollar continued its slide Wednesday, pressed by a rally in the Swiss franc and ongoing buy
THAILAND AND MALAYSIA SETTLE OFFSHORE DISPUTE
P.T. Bangsberg |
Thailand and Malaysia, which share a long, straggling peninsula, say they have finally ended 11 year
TRADE OFFICIAL HINTS JAPAN WILL ESCAPE UNFAIR TRADER LABEL
Keith M. Rockwell |
U.S. Trade Representative Carla Hills all but said Wednesday that Japan will not be designated as a
NORTON CO. FINDS A WHITE KNIGHT SAINT-GOBAIN BID ACCEPTED
(Reuter) |
Norton Co., seeking to elude a hostile $75-a-share bid by Britain's BTR PLC, said Wednesday it has
NEW PORK PLANT WILL HELP BOOST US HOG PRICES
Ned Stafford |
IBP Inc. is scheduled to open its giant pork plant in Waterloo, Iowa, next week, which many industry
METALS SINK ON ABSENCE OF INVESTOR DEMAND
Knight-Ridder Financial |
Platinum led a sharp drop in precious metals Wednesday as supplies continued to build against weaken
GERMAN CURRENCY UNION MAY NOT BE INFLATIONARY
Cathy Kristiansen |
The upcoming German currency union will not necessarily push up German or world inflation, Federal R
HOUSE BILL WOULD BOOST TRADE SUPPORT
Journal of Commerce Staff |
Legislation to beef up both Export-Import Bank and Commerce Department support for U.S. business in
FRANKFURT FLIGHT STILL UP IN AIR
Knight-Ridder Newspapers |
Yet another hint came last week that the U.S. Transportation Department maydeny Lufthansa Ge
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
FREIGHT CONFERENCE TO MOVE OFFICE TO NJ
Journal of Commerce Staff |
The Inter-American Freight Conference will relocate Monday to Jersey City, N.J., from lower Manhatt
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
ICC'S PHILBIN TO SPEAK AT JOFC LUNCHEONEdward J. Philbin, the new chairman of the Interstate
DREDGING CONTROVERSY THREATENS SC PORT
Craig Dunlap |
The future of Georgetown, S.C., as a commercial port is dangling in limbo. The U.S. Army Cor
AUTO, TRUCK SALES TUMBLE IN MID-APRIL
(Ap) |
Sales of North American-made cars and light trucks by the nation's Big Three automakers plummeted 20
EUROPEAN WINTER STORMS SOAK UP US INSURERS' FIRST-QUARTER EARNINGS
Janet Aschkenasy |
Storms in Europe in January and February ate into first-quarter insurance earnings for companies wr
MOBIL HELPS STALK SUMATRAN WILDLIFE
Charles Thurston |
Deep in the jungle of northern Sumatra, Michael Griffiths swatted mosquitoes while he set up battery
AUSTRALIAN UNIONS TO CONSIDER MERGER
Knight-Ridder Financial |
Government reform of the waterfront received a big boost Monday when six maritime and dockworkers' u
Maritime
GROUP TAKES CREDIT FOR UTILITY VANDALISM
(Ap) |
An underground environmental group has claimed responsibility for vandalism that cut power to 92,000
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