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PTL STARTS ANEW AS INDEPENDENT
David M. Cawthorne |
PTL Transportation Services Inc. started a new life Tuesday as an independent trucking company no lo
ANALYST SEES GROWTH FOR RAILROAD SECTOR
Allen R. Wastler |
Three major business trends will develop in the next five years that will give a competitive edge to
NEW PENN POSTS HIGHER PROFITS
Leo Abruzzese |
New Penn Motor Express Inc. defied higher fuel costs and continued ratepressure to post an i
TRAFFIC BRIEFS
From Wire and Staff Reports |
ICC SETS HEARINGS ON UP ABANDONMENTThe Interstate Commerce Commission will investigate the U
SHIPPERS THREATEN RAILS OVER SUBPAR BOXCARS
Allen R. Wastler |
It didn't take long for the battle to surface. An executive from a major paper shipper decla
USS-POSCO UNLOADS STEEL IN CALIFORNIA RESTRAINING ORDER DEALS BLOW TO DOCKERS
Mark Magnier |
The International Longshoremen's and Warehousemen's Union was dealt a sharp blow early this week whe
PACIFIC MARKET WORRIES SHIP LINES OWNERS PONDER SENSITIVE ISSUES
Mark Magnier |
Owners of the world's largest steamship companies meeting in Singapore this week are facing a key ju
Maritime
MARAD REPEALS OK TO SELL LNG SHIPS BUYERS FAIL CITIZENSHIP TEST
Marie Prat |
The Maritime Administration Tuesday reversed a decision to sell three liquefied natural gas tankers,
SEA-LAND, LYKES KEEP MILITARY CONTRACTS
WILLIAM DiBENEDETTO |
Sea-Land Service Inc. and Lykes Bros. Steamship Co. kept their top spots for the carriage of defense
ELECTRONICS SHIPPERS WANT BOX MARKINGS KEPT
Ira Breskin |
Most shippers of high-priced electronics goods say they'll continue to reject any effort to eliminat
Transport, Trade and Regulation News
SPOT PRODUCT PRICES
JOC Staff |
Mar. 5, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
BRADLEY PLANS BILL TO CLOSE LOOPHOLE IN SPILL LIABILITY
(Ap) |
U.S. Sen. Bill Bradley, D-N.J., promised to introduce legislation next week to hold oil and shipping
SHIPPERS SAY SHIPPING ACT NEEDS CHANGES PRESENT LAW PLEASES CARRIERS
Bill Mongelluzzo |
Ocean carriers feel content about the 1984 Shipping Act in its present form, whereas shippers are re
Maritime
MALAYSIA SEEN SET TO CURB PETROCHEMICAL INVESTMENT
P.T. Bangsberg |
After a recent blitz of new plant approvals, Malaysia appears to be tightening controls on further p
PEOPLE - MARITIME HONG KONG NAMES TWO TO PORT BOARD
From Wire and Staff Reports |
The first concrete steps toward a much-discussed port development board were taken Monday with the g
Maritime
EXXON TERMINAL CLOSURES PUSH UP FUEL OIL PRICES
Sam Glasser |
The closure of two major Exxon Co. terminals in New York harbor because of last week's oil spills he
DU PONT TO TEST CFC SUBSTITUTE IN AUSTRALIA
From Wire Reports |
Du Pont Co., the world's largest manufacturer of ozone-depleting chlorofluoroca rbons, said Monday t
FRENCH CHEMICAL EMPLOYMENT UP
Barbara Casassus |
The French chemicals industry created new jobs in 1989 for the first time since the oil crisis 15 y
ENERGY BRIEFS
Wire and Staff Reports |
LIBYA CONDUCTS TEST OF PRODUCTION CAPACITYNICOSIA, Cyprus - Libya is producing 1.65 million
KUWAIT SET TO PRODUCE LIGHTER, SWEETER CRUDE
Knight-Ridder Financial |
Kuwait is set to begin producing a new lighter, sweeter crude oil that could eventually enable state
BATTLE LINES ARE FORMED IN FLEXIBILITY DISPUTE
Doug Palmer |
The 1990 farm bill debate over planting flexibility is shaping up as a battle between those who woul
CENTRAL BANKS MOVE TO THWART DOLLAR RALLY
Gordon Platt |
The central banks of the United States, many European countries and Japan stepped up their assault o
FEDERAL EXPRESS CANCELS CONTRACT WITH SMALL AIRLINE
Alan Abrams |
A small cargo airline is crying foul over Federal Express Corp.'s cancellation of its contract to op
DOUBLE-STACK SERVICE TESTED
Journal of Commerce Staff |
Southern Pacific Transportation Co., Norfolk Southern Corp. and New York, Susquehanna and Western Ra
CP RAIL OFFER FOR D&H APPEARS TO BE IMMINENT
David M. Cawthorne |
A new offer for the bankrupt Delaware & Hudson Railway is either imminent or has already been made,
TRAFFIC BRIEFS
Wire and Staff Reports |
STERLING'S ORDERNET ACQUIRES METRO-MARKMetro-Mark Integrated Systems Inc., Roslyn Heights, N
US SHOEMAKER TEES OFF ON JAPAN'S CRAZE FOR GOLF
William Armbruster |
At least one U.S. shoe manufacturer is cashing in on golf mania in Japan. Bostonian Shoe Co.
SUPERTRAIN PROJECT GETS VITAL BACKING IN ITALY
Rosy Nimroody |
The "Supertrain" project, introduced two years ago as the key to bolstering economic activity betwee
MARKETS AND MONEY
Albert L. Kraus |
HOW MUCH IN LOCKSTEP WITH Japan and West Germany are financial markets in the United States now mar
SHIPBUILDING COSTS ON THE RISE DOUBLE BOTTOMS WOULD FURTHER IMPACT PRICES
Edwin Unsworth |
Proposed U.S. legislation to require new tankers to be built with double bottoms could have a "treme
Maritime
US AND JAPAN HARDEN STANDS IN TRADE TALKS
Richard Lawrence |
The United States and Japan appeared to harden their positions Monday in ongoing negotiations to rem
GERMAN, FRENCH BANKS TO DISCUSS BOND DISPUTE
Knight-Ridder Financial |
The president of West Germany's Deutsche Genossenschafts Bank will meet this week with French banker
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
PLANT, MACHINE ORDERS RISE IN WEST GERMANYFRANKFURT, West Germany - Orders for West German p
CHANGES EXPECTED IN EUROPE IN FINANCIAL SERVICES SECTOR
Journal of Commerce Staff |
By the year 2000, 14 independent financial service companies could control the European market, acco
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Markets and Money 3A * Import Quota Watch 4A* Commodity Research Bureau
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
VENEZUELA NEAR PACT ON BANK DEBT REDUCTION OPTIONS
(Reuter) |
Venezuela is close to reaching an agreement with foreign banks that would list options to reduce the
COMMODITY BRIEFS
From Wire and Staff Reports |
SOVIET PLATINUM BARS MAY BE SOLD ON NYMEXPlatinum bars imprinted with the Soviet Union's ham
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago3/5 3/2
SHIPPER REPORT
Wire and Staff Reports |
OFFSITE PACKING STARTS HOUSTON AREA SERVICEHOUSTON - Shippers have a new export packing serv
Transport, Trade and Regulation News
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