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OPEC SEES PROMISE IN EASTERN EUROPE
(Ap) |
As Eastern Europe loosens economic ties with the Soviet Union, its dominant crude oil supplier to da
TORCHMARK DROPS AMERICAN GENERAL BID
From Wire Reports |
Torchmark Corp. said Monday it has dropped its $6.4 billion bid for much bigger rival American Gene
MASS. DOCTORS SEEKING LOWER MALPRACTICE RATES
TOM McNIFF Jr. |
Massachusetts doctors may see lower medical malpractice rates next year if state insurance regulator
DRUG WAR HURTS FLOW OF CARGO, US OFFICIAL SAYS CUSTOMS SERVICE IS SPREAD THIN
Allen R. Wastler |
The federal government's war on drugs is siphoning off resources that could be used to improve the f
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Apr. 2, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
HERCULES, RHONE-POULENC INK CERAMIC FIBERS DEAL
Journal of Commerce Staff |
Hercules Inc. and Rhone-Poulenc SA Monday said they signed an agreement to jointly develop, market a
CHANNEL FERRY OPERATORS CLAIM THEY HAVE IT ALL OVER TUNNEL
Edwin Unsworth |
The English Channel ferry operators have thrown down the gauntlet to the Eurotunnel consortium, clai
Maritime
TRUCKERS MOVING SOUTH OF BORDER FROM CANADA HIGHER COSTS SPUR EXODUS
Andrew Tausz |
Canadian truck fleets are moving to the United States in record numbers in an effort to remain compe
KUWAIT TO SUPPLY OIL, PRODUCTS TO INDIA
Knight-Ridder Financial |
Kuwait Petroleum Co. signed a contract with India's state oil company to deliver 11 million barrels
MERGER COLLAPSE TRIGGERS SALE OF TRANSCON
Leo Abruzzese |
Transcon Lines Inc., which failed last month to complete one of the largest trucking mergers in hist
AMERICAN AIRLINES EXPANDS FLIGHT TRAINING PROGRAM
Dallas Morning News |
With the U.S. airline industry facing a possible pilot shortage by the end of the 1990s, American Ai
SUPREME COURT TO HEAR PUNITIVE DAMAGE CASE
From Wire and Staff Reports |
The Supreme Court agreed Monday to decide whether huge punitive damage awards in lawsuits may violat
LABOR LEADER BRIDGES LEAVES BEHIND A LEGACY FOUNDER OF THE ILWU DIES OF EMPHYSEMA
Mark Magnier |
West Coast docks will be shut down from 1 p.m. Friday until 8 a.m. Saturday to honor the legendary l
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago4/2 3/30
MARITIME BRIEFS
From Wire and Staff Reports |
FMC PLANS TO DISCUSS ENFORCEMENT EFFORTSFederal Maritime Commission officials will meet Wedn
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1528 (Apr. 2, 1990) Previous day - 1529 The Baltic International Freight Futures Market in L
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
ICC PLANS TO HOLD REGULAR PUBLIC VOTINGThe Interstate Commerce Commission will announce plan
BAYOU CEREMONY TO GREET 1ST GAS FUTURES CONTRACT
(Ap) |
When natural gas futures begin trading for the first time ever today, the focus will be on the tradi
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
OMAN LOWERS PRICE OF CRUDE FOR MARCH
Knight-Ridder Financial |
Oman's Ministry of Petroleum and Mines reduced the retroactive March price for Oman crude by $1.15 a
US-JAPAN TALKS REACH VITAL STAGE NEGOTIATORS FACE DEADLINE
Keith M. Rockwell |
Talks between the United States and Japan aimed at removing economic, cultural and political impedim
USSR SAID TO BE SEEKING CREDIT TO PURCHASE GRAIN GSM PROGRAM CITED IN TALKS
Knight-Ridder Financial |
Soviet government officials last week were more frank than ever about their need for more Western cr
SHIPPER REPORT
From Wire and Staff Reports |
SEABOARD WAREHOUSE BUYS REST OF STELLARSeaboard Warehouse Terminals Ltd. has acquired the re
Transport, Trade and Regulation News
KODAK'S GENENCOR, CULTOR OF SWEDEN FORM VENTURE
(Ap) |
Officials at Eastman Kodak Co. announced that its Genencor Inc. subsidiary would enter a joint ventu
CRB FUTURES OUTLOOK
Susan Buchanan |
DURING MARCH, THE CRB FUTURES PRICE INDEX reached 238.97, a level last seen in May 1989, as prices o
MARAD APPROVES SALE OF MONTEREY DESPITE MOVES TO KEEP SHIP IN US
WILLIAM DiBENEDETTO |
The Maritime Administration has given final approval for the sale and U.S. registry transfer of the
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
FORD CHAIRMAN SAYS JAPAN MAKES TOP CARSThe Japanese make better cars, the chairman of Ford M
Maritime
COAL BRIEFS
Wire and Staff Reports |
KY. UTILITIES SPEND $25.38 A TON FOR COALLEXINGTON, Ky. - The average delivered cost of coal
COST OF CREDIT
JOC Staff |
Mon., Apr. 2, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
HIGH COURT WON'T SHIELD DELTA FROM ARBITRATION OVER ACQUISITION
(Ap) |
The Supreme Court Monday left intact a ruling airlines said could make it more difficult for them to
ECONOMIC DATA ABROAD
Wire and Staff Reports |
SOUTH KOREA REPORTS CURRENT ACCOUNT DEFICITSEOUL, South Korea - South Korea posted a $330 mi
AVIATION BRIEFS
From Wire and Staff Reports |
CARGO TRAFFIC UP 4.7 PERCENT AT NY AREA AIRPORTSNEW YORK - Air cargo activity increased mode
REPORTER'S NOTEBOOK FAST RESOLUTION OF THE LUI CRISIS ISN'T LIKELY
Janet Aschkenasy |
Thames TV thought enough of the "Crisis at LUI" (London United Investments) to feature an update of
NEW LATIN DEBT RELIEF ON HORIZON
Richard Lawrence |
Brazil, Argentina and other Latin American nations appear to be moving toward new debt relief packag
Maritime
ITALIAN LINE NARROWED LOSS IN '89 JOURNAL OF COMMERCE STAFF
JOC Staff |
Italia di Navigazione SpA, a leading container shipping company, lost 6.8 billion lire ($5.5 million
Maritime
COPPER COMPANY SEEKS PERUVIAN NOD TO IMPORT
Tom Vogel |
Officials at Southern Peru Copper Corp. and the Peruvian Ministry of Energy and Mines say SPCC has r
VINTNERS ASKED TO CERTIFY WINE FUNGICIDE-FREE
From Wire Reports |
The U.S. government has asked some French and Italian vintners to certify their wines are free of an
P&O CONTAINERS BULLISH ON EDI
Journal of Commerce Staff |
P&O Containers Ltd., one of the pioneers of automated information systems within the maritime indust
MARKETS AND MONEY
Albert L. Kraus |
A POTPOURRI OF ECONOMIC GLEANINGS: Census-taking could push up federal government employment figures
UK INSURANCE MARKET AWAITS RESERVES REPORT
Janet Aschkenasy |
Anxiety-ridden underwriters and intermediaries could have to wait more than a month for a Tillinghas
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