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THE ECONOMY
From Wire and Staff Reports |
REVISED GROWTH RATE 1.1 PERCENT IN 4TH QUARTERThe economy grew at a 1.1 percent annual rate
SMOKING BANS RISE TO TOP LUNGS ON CORPORATE LADDER
Caroline Stewart |
Corporate chieftains who have begun to bite the bullet on smoking in the workplace can't resist feel
NINE INSURERS JOIN SUIT AGAINST NJ OVER JUA DEBT
(Ap) |
Nine insurance companies have joined a lawsuit to block New Jersey's attempt to recoup millions of d
COMMANDER OF PHILA. NAVAL YARD WORKS HARD TO GET NEW BUSINESS
Gary Cohn |
Last May, Capt. Arthur Clark, commander of the Philadelphia Naval Shipyard, dispatched four yard emp
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
JUDGE POSTPONES CROWLEY BOND RULINGA federal judge postponed until April 4 a decision on whe
Maritime
FRANCE'S MATIF LIKELY TO APPROVE DOLLAR-DENOMINATED SUGAR TRADE
Marie-Anne Gries |
The Paris sugar committee is likely to approve a proposal today to denominate white sugar futures co
TRANSPORT CALENDAR
JOC Staff |
AMERICAN SOCIETY OF TRANSPORTATION AND LOGISTICS, executive seminar on integrated logistics, March 2
CARRIERS URGE OPEN BIDDING FOR FOOD AID
Marie Prat |
Liberty Maritime Corp. is leading an ocean carrier campaign to require that transportation for all f
FED SELLS DOLLARS, BUT YEN STILL FALLS
Gordon Platt |
The Federal Reserve sold dollars and bought yen in the currency markets Wednesday, but the Japanese
UK POSTURE ON FULL EMS ENTRY LEAVES ECONOMISTS DOUBTFUL
Knight-Ridder Financial |
British economists agree sterling's full entry into the European Monetary System won't be tomorrow b
5 PERCENT GROWTH IN CARGO FORECAST FOR SEAWAY 1990 SEASON HAS OPENED
Leo Ryan |
Traffic on the St. Lawrence Seaway could increase by about 5 percent in the 1990 shipping season, sa
Maritime
ANALYSTS CONSIDER HUGE RIPPLE EFFECT
TOM McNIFF |
American insurance analysts were still trying to absorb the impact of the British Department of Trad
NY COMMUTER FERRY WEIGHS EXPRESS PACKAGE TRANSPORT
Chris Dupin |
A company that is operating a new commuter ferry in New York is interested in carrying air cargo as
HIMONT RESEARCH CENTER OPENS IN HONG KONG
P.T. Bangsberg |
Himont Inc. opened a research and manufacturing facility in Hong Kong on Wednesday to develop advanc
FMC TAKES OWNERSHIP OF MEXICAN MANUFACTURER
Pei-Tse Wu |
At least one U.S. chemical manufacturer has taken advantage of Mexico's recently liberalized foreign
NEW ZEALAND OKS OPENING OF GOLD MINE
Knight-Ridder Financial |
New Zealand's biggest gold mine, the Golden Cross, will be able to open next year, the High Court of
NCR NAILS DOWN SALES IN CHINA, HONG KONG
P.T. Bangsberg |
China's state-run insurance entity is buying 27 more computer systems from NCR Corp., on top of the
Maritime
CORPORATE SHIFTS HIT BOXSHIP LINE PROFITS
Bruce Vail |
When the first quarter of 1990 comes to an end Saturday, shipping companies that specialize in carry
SALE OF D&H TO BE WHOLE OR IN PARTS?
David M. Cawthorne |
A final decision whether to sell the Delaware & Hudson Railway as a whole or in parts is expected wi
COST OF CREDIT
JOC Staff |
Wed., Mar. 28, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
ENERGY BRIEFS
From Wire and Staff Reports |
EQUITRANS GETS OK ON GAS SUPPLY PACTSEquitable Resources Inc., Pittsburgh, announced Wednesd
AMERICAN FIRMS INTERESTED IN AFRICA
Rosalind Rachid |
Mima Nedelcovych, the new U.S. executive director to the African Development Bank, is much happier t
Maritime
DESPITE ATTRACTIVENESS, TERRORISTS RARELY SEND BOMBS IN US MAIL
Ira Breskin |
Terrorists like sending bombs through the mail because of the convenience it provides, U.S. Postal S
PROSPECTS FOR LUFTHANSA SERVICE TO CHARLOTTE SEEM LESS BRIGHT
John Cleghorn |
An attorney aiding Charlotte in its bid for a gateway to Frankfurt, West Germany, said prospects for
MONTEREY SHIP SALE OCCUPIES HOUSE PANEL FMC BUDGET BILL IS APPROVED
WILLIAM DiBENEDETTO |
The House Merchant Marine and Fisheries Committee speedily approved several maritime bills Wednesday
Maritime
MOBAY PARENT DEFENDS STANCE ON POISON GAS
From Wire Reports (AP) |
A West German chemical company said Wednesday it would resist all attempts by the United States to f
EXPORT BRIEFS
Wire and Staff Reports |
US, JAPAN MAY WIDEN MUNITIONS COOPERATIONJapan and the United States are likely to discuss c
Maritime
CAN LANDLOCKED ATLANTA BECOME A MARITIME HUB FOR THE SOUTH? INLAND PORT STATUS PREDICTED
Craig Dunlap |
At last look, there was no 250-mile deepwater channel connecting Atlanta to Savannah, but a leading
Maritime
FORBIDDEN BUYERS: EXPORTER PITFALL LIST REVOKES TRADE RIGHTS
Michael S. Lelyveld |
If you do business with Steuerungstechnik und Messgeraete, you could be in big trouble. The
TRAFFIC BRIEFS
Wire and Staff Reports |
BILL ON SAFE TRANSPORT OF FOOD PASSES HOUSEThe House overwhelmingly approved legislation aim
SEMBAWANG MARITIME POSTS RISE IN PROFIT
Journal of Commerce Special |
Sembawang Maritime Ltd., the salvage, towing and marine services group, posted after-tax profit of S
Maritime
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
INDUSTRIAL PRODUCTION FALLS 0.5 PERCENT IN JAPANProduction at Japanese mines and factories i
UKRAINIAN MINERS FED UP WITH DEPLORA BLE CONDITIONS
(Ap) |
Rats run free, broken timbers stab out of the darkness and men stand in mud, breathing bad air, stri
KOREA STOCKS HIT A 15-MONTH LOW
(Ap) |
South Korean stocks fell to a 15-month low Wednesday as investors sold on the conviction that the g
INSURANCE EARNINGS
From Wire and Staff Reports |
AGF ACTS TO INCREASE ITS STAKE IN PARIBASAssurances Generales de France, the country's secon
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
PEOPLE - TRANSPORT
Wire and Staff Reports |
INTERNATIONAL INTERMODAL EXPO (Atlanta) - Peter Feldbrugge, former director- quality for Nedlloyd Li
SINGAPORE'S JURONG YARD GETS MORE REPAIR WORK
Journal of Commerce Special |
Jurong Shipyard Ltd., the government-controlled ship repairer, concluded an exclusive repair contrac
Maritime
NERVOUS GOLD MANAGES TO HOLD ON
Howard Simon |
Gold remained poised for another drop in prices, analysts said Wednesday. The April delivery
DOLLAR'S STRENGTH NOT EXPECTED TO HURT EXPORTS TO JAPAN
John Davies |
Small businesses seeking to export to Japan won't find their chances ruined by exchange rate changes
Maritime
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