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CONRAIL COMPLETES STOCK BUY-BACK
Journal of Commerce Staff |
Consolidated Rail Corp. has completed its buy-back of common stock, acquiring more than 22 million s
HOUSING REPORT LIFTS DOLLAR
Knight-Ridder Financial |
The U.S. dollar rose Thursday, buoyed by stronger-than-expected U.S. homebuilding activity in balmy
HONG KONG BANK TO BUY LLOYDS BANK CANADA DEAL SUBJECT TO APPROVAL
P.T. Bangsberg |
Hongkong & Shanghai Banking Corp., already the largest foreign bank in Canada, is spreading its pres
MANAGING TRAFFIC
Greg Johnson |
NEW YORK STATE HAS SUNK $70 million into the Delaware & Hudson Railway, and stands to losemore if th
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ITALIAN WORKERS SUSPEND SLOWDOWN
Carol Cirulli |
Union representatives for Italy's 7,000 customs workers voted Thursday to suspend the work slowdown
REACTION MIXED TO CUSTOMS' PLAN TO TRASH PAPER
Tony Seideman |
Brokers and forwarders have mixed reviews of a move by the U.S. Customs Service to do awaywith requi
ECONOMIC DATA ABROAD
Wire and Staff Reports |
UK UNIT LABOR COSTS ROSE 4.6 PERCENT IN DECEMBERU.K. manufacturing unit labor costs rose 4.6
JAPAN DECIDES TO ENACT LEGISLATION AGAINST LAUNDERING DRUG MONEY
(Reuter) |
Japan has decided to enact a law to make it a crime to launder illegal drug profits, Finance Ministr
FINANCIAL BRIEFS
Wire and Staff Reports |
SOUTH AFRICAN MARKETS STABILIZE AFTER PANICJOHANNESBURG, South Africa - South Africa's finan
ROBERT L. KIRK TO HEAD CSX TRANSPORTATION WILL CHANGE BRING TURMOIL?
Lawrence H Kaufman |
Robert L. Kirk was named president and chief executive officer of CSX Transportation, the rail unit
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
WASHINGTON - For the week ended Feb. 10, total piggyback freight hauled on the nation's major railro
COST OF CREDIT
JOC Staff |
Thu., Feb. 15, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
NEWS SUMMARY
JOC Staff |
* Thailand's Privatization Challenged 4A * Customs Update 4A* Howard Simon - Simon Says 7A
BREAKBULK RATES WILL GO HIGHER, SHIPPERS PREDICT WAYS TO EASE BITE EXAMINED
Craig Dunlap |
The dwindling number of ocean and surface carriers will boost international breakbulk shipping rates
Maritime
'89 STEEL OUTPUT SETS RECORD
Knight-Ridder Financial |
World output of raw steel rose 3.4 million tons in 1989 to a record 782.3 million, the UN Economic C
TWO BARGE LINES DROP WILMINGTON, NC, PORT FROM PUERTO RICO RUN
Craig Dunlap |
The North Carolina State Ports Authority appears to be improving its battered image in the maritime
Maritime
US, EXXON NEGOTIATING OIL SPILL SETTLEMENT
(Ap) |
Exxon Corp. and the Justice Department are conducting plea negotiations over possible criminal charg
Maritime
'K' LINE, KERR REORGANIZE TO ACCOMMODATE GROWTH SEPARATION TO BENEFIT BOTH COMPANIES
David F. White |
The restructuring of the relationship between Kawasaki Kisen Kaisha Ltd., also known as "K" Line, an
Maritime
SHIP EXXON VALDEZ'S AUTOPILOT WAS OFF, STAR WITNESS TESTIFIES
(Ap) |
The prosecution's star witness in the Joseph Hazelwood trial said Wednesday the tanker Exxon Valdez'
Maritime
NEGOTIATORS PROGRESS TOWARD ABOLISHING SHIPYARD SUBSIDIES
Barbara Casassus |
Industrialized nations meeting in Paris Tuesday and Wednesday made strong headway toward eliminating
Maritime
SALVADORAN COFFEE STAYS ON SHIP IN SEATTLE
Journal of Commerce Staff |
Agents for a ship carrying Salvadoran coffee left aboard because of political protests in other port
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
AIRBUS ENGINES CHOSEN BY ANSETT AIRLINESEVENDALE, Ohio - Ansett Airlines has chosen the CFM5
MARITIME BRIEFS
From Wire and Staff Reports |
CANAL PANEL REVISES ENGINEER LICENSE RULESThe Panama Canal Commission is revising its rules
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
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
FMC SETS HEARING ON MATSON RATE PROTEST
Journal of Commerce Staff |
The Federal Maritime Commission will hold an oral argument Feb. 28 on Matson Navigation Co.'s 3.6 pe
Maritime
AMERICAN HEAVY LIFT SHIPPING HONORS REAR ADM. BENKERT
Journal of Commerce Staff |
American Heavy Lift Shipping Co. placed a plaque on one of its vessels last week as part of a ceremo
Maritime
ICC: PA. COMPANY CANNOT AVOID STATE REGULATION
Leo Abruzzese |
The Interstate Commerce Commission warned a Pennsylvania trucking company that it cannot avoid stric
BURNS HARBOR CONFIDENT ON STEEL PLANT ACCORD TAX ABATEMENT PLAN APPROVED
Kevin Commins |
An agreement to build a $100 million steel plant at Burns International Harbor could be concluded ne
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Feb. 14, 1990 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1578 (Feb. 14, 1990) Previous day - 1579 The Baltic International Freight Futures Market in
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
S&P RAISES RATING ON SOO LINE NOTESStandard & Poor's Corp. raised its rating on Soo Line Cor
PEOPLE - TRANSPORT
From Wire and Staff Reports |
AMERICAN TRUCKING ASSOCIATIONS (Washington) - Terry Furlong is ATA's new vice president, marketing a
US, CANADA SETTLE TRAILER DISPUTE
Journal of Commerce Staff |
U.S.-built semi-trailers over 48-feet long will be permitted on Ontario roads under an agreement rea
PACCAR TAKES EARLY LEAD IN 1990 HEAVY TRUCK SALES
Michael S. Lelyveld |
Paccar Inc. passed rival Navistar International Transportation Corp. last month and pulled into the
TRANSAMERICA EARNINGS ROSE IN 4TH QUARTER
JOC Staff |
Transamerica Corp. earned $76.1 million, or 95 cents a share, on revenue of $1.64 billion in the fou
STYRENE PRODUCTS CONSUMPTION SEEN GROWING THROUGH 1993
Journal of Commerce Special |
Styrene monomer consumption in the United States is expected to grow by anaverage of 3.8 per
LAWMAKER SEEKS LIMIT ON EXPORT BONUS COSTS
Knight-Ridder Financial |
Transportation and other incidental costs should be cut from the export bonus program as a way to im
JAPANESE SOY CRUSHERS FACE UNCERTAIN FUTURE
Knight-Ridder Financial |
Japan will ease the tariff on foreign edible oil imports beginning in April 1991, according to rumor
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