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POSTAL SERVICE DRAWS FIRE FOR COSTLY CONFERENCES
Michael Mehle |
The U.S. Postal Service, which recently announced plans to charge 30 cents for a stamp because it is
EARNINGS AT SWISSAIR ROSE 24.4 PERCENT IN 1989
Journal of Commerce Staff |
Swissair earned 94.7 million Swiss francs (US$58.8 million) in 1989, 24.4 percent higher than the 76
AMERICAN MAY DOUBLE SIZE OF FLEET
From Wire Reports |
AMR Corp. disclosed plans to spend $20.9 billion over the next five years to boost the size of its A
AVIATION BRIEFS
Wire and Staff Reports |
JAPANESE, SOVIETS PLAN MORE SIBERIAN FLIGHTSJapanese and Soviet aviation authorities have ag
AMVEST CORP., UNITED CO. SCRAP MERGER PLANS
Tim Sansbury |
A merger proposed late last year between two of Virginia's largest privately held coal companies ha
DAMAGED BARGE MOVED TO SHIPYARD
(Ap) |
The damaged barge Cibro Savannah was moved from the Arthur Kill to a Brooklyn, N.Y., shipyard for co
SPOT PRODUCT PRICES
JOC Staff |
Mar. 16, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
NIGERIA TO INCREASE ITS OIL RESERVE BASE
Knight-Ridder Financial |
Nigeria plans to boost its oil reserve base to about 20 billion barrels by 1994 and raise its produc
ENERGY BRIEFS
Wire and Staff Reports |
BRAZIL HIKES PRICE OF GASOLINE BY 57.8 PERCENTSAO PAULO, Brazil - Brazil's government Friday
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
POWERFUL CALL FOR REFORM RISES FROM DEEP WITHIN SOVIET MINES
Peter Slevin |
The tunnel ends after snaking a mile through the clammy darkness 2,500 feet below the surface. The o
NATIONAL SHIPPING BUYS 9 PETROCHEMICAL TANKERS
Journal of Commerce Special |
National Shipping Co. of Saudi Arabia is diversifying its operations by adding nine petrochemical ta
Maritime
HARPER GROUP REPORTS IN CREASE IN NET INCOME
Journal of Commerce Staff |
The Harper Group reported net income of $4.4 million or 40 cents a share on revenue of $105.9 milli
Maritime
FMC AIRS FINAL RULE ON FILING OF TARIFFS LINES BRACE FOR PAPERWORK
Marie Prat |
Five years and a mountain of paper later, the Federal Maritime Commission has issued a final rule ou
Maritime
MARITIME CALENDAR
JOC Staff |
Industry Forum on Pending Oil Spill Legislation. March 16. New York. Whitehall Club. (914) 923-0129.
Maritime
NIAGARA FALLS HOPES TO ATTRACT MORE AIR CARGO CLAIMS TORONTO TOO CONGESTED
Leigh Stoner |
Niagara Falls International Airport is poised for development as a transshipment hub for cargo movin
GLOBAL MAIL IS FOCUS OF NEW TRADE GROUP
Philip Hastings |
Fears that the European Community is considering the establishment of postal authority monopolies fo
BRITISH AEROSPACE PLC REPORTS BIGGER PROFIT
Journal of Commerce Staff |
British Aerospace PLC had operating profit of 333 million ($532.8 million) in 1989, compared with
Air Cargo
ASIAN, AUSTRALIAN AIRLINES PLAN TO INCREASE AIR LINKS
Vincent W. Stove |
The increased aviation activity between Australia and Asia is expected to continue. An Austr
MARITIME BRIEFS
From Wire and Staff Reports |
VENEZUELAN DOCKERS MAY END STRIKE TODAYCARACAS, Venezuela - The Venezuelan government has re
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
LUFTHANSA CHOOSES IAE'S V2500 ENGINEEAST HARTFORD, Conn. - Lufthansa has chosen the V2500 en
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
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
US LEADS DRIVE TO ESTABLISH OIL SPILL CENTERS PLAN PRESENTED TO IMO PANEL
Edwin Unsworth |
The United States, determined to reduce risks of oil pollution disasters at sea after the Exxon Val
Maritime
TANKER GRADING SYSTEM GETS WARM WELCOME FROM OWNERS
Janet Porter |
Classification societies are starting to introduce a grading system for tankers that will give a muc
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Mar. 15, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1627 (Mar. 15, 1990) Previous day - 1627 The Baltic International Freight Futures Market in
Maritime
MANAGING TRAFFIC
Greg Johnson |
RETAIL SHIPPERS are taking the latest rate hike from United Parcel Service in stride. Despit
DISSIDENT GROUP SEIZES CONTROL OF XTRA CORP. ELECTION ENDS 5-MONTH FIGHT
Michael S. Lelyveld |
A dissident group gained control of Xtra Corp. after ousting directors of the giant trailer-leasing
BARGE INDUSTRY TOLD TO EXPECT HIKE IN ENVIRONMENTAL BILLS
Jeff Reisner |
Environmental issues will have a strong impact on legislation affecting domestic shipping operations
TRAFFIC BRIEFS
Wire and Staff Reports |
ITEL BUYS 35 PERCENT STAKE IN GRAND TRANSPORTItel Corp. has purchased about 35 percent of Gr
MOSBACHER, DANFORTH SOUND SEPARATE ALARMS ON US-JAPAN TRADE
A.E. Cullison |
Sen. John Danforth warned Thursday that Congress will impose trade sanctions against Japan if curren
Maritime
SIMON SAYS
Howard Simon |
A MERGER AGREEMENT between the New York Mercantile Exchange and Commodity Exchange Inc. will be sign
JULIEN COTTON MAY BE SOLD SOON
Knight-Ridder Financial |
Various lots of cotton owned by bankrupt cotton merchant Julien Co. may begin moving onto the market
FDA TO EXPAND SULFITE BAN
(Ap) |
The Food and Drug Administration Thursday said it will ban the use of sulfites on fresh potatoes bec
COMMODITY BRIEFS
From Wire and Staff Reports |
UK METAL EXCHANGE DELAYS ACTION ON LEADThe London Metal Exchange has decided it will take no
COPPER PRICES RISE SHARPLY FUNDAMENTALS SEEN SUPPORTIVE
From Wire and Staff Reports |
Copper prices advanced sharply Thursday in response to traders' expectations for an extended strike
MANY EAST GERMAN VOTERS UNDECIDED
Miriam Widman |
East German voters go to the polls Sunday in the country's first free election in 40 years.
Maritime
FARMERS WAIT OUT WHEAT PRICE SLUMP
Carol Felts |
Farmers who are expecting higher prices for hard red winter wheat are refraining from forward-contra
CME BOARD APPROVES DUAL TRADING RESTRICTIONS
Knight-Ridder Financial |
The Chicago Mercantile Exchange's board of governors has agreed to limit dual trading at the exchang
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