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BALTIC FREIGHT INDEX
JOC Staff |
1644 (Jan. 31, 1990) Previous day - 1644 The Baltic International Freight Futures Market in
Maritime
ALBY-OLIN PLANS TO BUILD NEW SODIUM CHLORATE PLANT
Journal of Commerce Staff |
Alby-Olin Chlorates Co., a joint venture between Olin Corp. and Sweden's Stora Kemi, Tuesday announc
MORAN TOWING SAID TO BE FOR SALE
David F. White |
Moran Towing Corp., one of the largest and oldest tugboat companies in the nation, is up for sale, a
Maritime
TRANSPORT CALENDAR
JOC Staff |
CALIFORNIA TRUCKING ASSOCIATION, annual convention and management conference, Feb. 4-7. Hotel Del Co
Trucking News
TAKEOVER REPORTS TAKE THE ILA BY SURPRISE
William Armbruster |
Attorneys for the International Longshoremen's Association expressed surprise Wednesday at televisio
Maritime
MALAYSIAN INSURERS PROPOSE CODE OF ETHICS
P.T. Bangsberg |
A code of ethics for Malaysia's growing life insurance sector is expected to be in place by the seco
NY CONSIDERING STANDARDS FOR LONG-TERM CARE COVER
Journal of Commerce Special |
The New York State Insurance Department is considering minimum standards for long-term care insuranc
ELF AQUITAINE FINDS OIL IN GABON
Knight-Ridder Financial |
Societe Nationale Elf Aquitaine said it discovered two new oil deposits in Gabon, one on land and th
TIM SANSBURY'S INSIDE TALK ON COAL.
Tim Sansbury |
A MONTH HAS PASSED since networks broke into New Year's Day college football bowl games toannounce a
PANAMA MAY CHANGE BANK SECRECY LAWS
From Wire Reports |
In an effort to wipe out money laundering by drug traffickers, Panama's new government is considerin
FINANCIAL BRIEFS
Wire and Staff Reports |
TOKYO WON'T FREEZE ANY NORIEGA ASSETSJapan will not be able to comply with a U.S. request to
MARYLAND BILL COULD SMOOTH BALTIMORE PORT TAKEOVER
WILLIAM DiBENEDETTO |
A state takeover of the Port of Baltimore took a step forward Wednesday with legislation introduced
Maritime
DENIAL OF COLLECTIVE RATES URGED
Journal of Commerce Staff |
The Department of Justice this week asked the Interstate Commerce Commission to deny authority to me
Trucking News
ANIMAL RIGHTS LEGISLATION AND THE HIGH COST OF MEAT
Agweek Magazine |
Attempts to legislate animal rights are fast gaining ground in Sweden. Andbecause Sweden is
COMMODITY BRIEFS
From Wire and Staff Reports |
SOVIET UNION BUYS EUROPEAN WHEATThe Soviet Union bought between 500,000 and 700,000 metric t
FASTER ACTION URGED ON TRADE WITH SOVIETS
Richard Lawrence |
Key congressmen voiced concern Wednesday over the Bush administration's slow start toward laying the
US, SOVIETS PLAN FURTHER SHIP TALKS
Journal of Commerce Staff |
Maritime Administrator Warren Leback said there will be a second meeting with Soviet officials the w
Maritime
HUGO CHURNS UP SC LEGAL STORM
JOC Staff |
South Carolina's judicial system is bracing for an expected influx of cases involving disputes over
MAJOR INSURERS EXPECT TO STAY IN CALIF. MART
Jerry Goldberg |
Major insurers are not planning on leaving California as a result of a state Supreme Court ruling gr
EXPORT BRIEFS
Wire and Staff Reports |
JAPANESE FIRMS' PROFITS LAG US COUNTERPARTSMajor Japanese companies are less profitable than
Maritime
AVON CALLING IN CHINA
(Ap) |
Avon Products Inc. announced Wednesday that its cosmetics soon will be made and sold in China.
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
HARKEN, BAHRAIN SIGN EXPLORATION CONTRACTHarken Energy Corp. has exclusive right to conduct
PEOPLE - IMPORTS KELLOGG PROMOTES FRITZ
From Wire and Staff Reports |
KELLOGG CO. (Battle Creek, Mich.) - Donald G. Fritz was promoted to vice president of Kellogg Co.
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
GUINNESS UNIT TO BUY ALL BRAND IMPORTERSGuinness Import Co. said it has agreed to acquire Al
Maritime
DOT INCREASES OPPORTUNITIES FOR FOREIGNERS ORDER EXCLUDES ALL-CARGO FLIGHTS
Leo Abruzzese |
The Department of Transportation is making it easier for foreign airlines to fly to U.S. cities that
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
TEAMSTERS LOSE VOTE BY USAIR EMPLOYEESSome 1,800 USAir workers who have been represented by
Air Cargo
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
YELLOW FREIGHT HIT BY 4TH-QUARTER LOSS
JOC Staff |
Yellow Freight System Inc. lost $27.1 million in the fourth quarter compared with a year-earlier pro
Trucking News
COST OF CREDIT
JOC Staff |
Wed., Jan. 31, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
MARITIME BRIEFS
From Wire and Staff Reports |
SECOND SOVIET LINE TO SERVE LIVERPOOLBesta Line, the Soviet container shipping line operated
Maritime
MASS. SHIPBUILDERS GROUP CONTINUES FIGHT FOR YARD
Journal of Commerce Staff |
The head of a group of former shipbuilders has vowed to continue a fight to reopen the Fore River Sh
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
SYNDICATE TO REINSURE EXPORT CREDIT RISKThe French export credit guarantee agency, Coface, w
AUSTRALIA INFLATION RATE FALLS SLIGHTLY
Knight-Ridder Financial |
Australia's inflation rate stood at 7.8 percent for the 12 months to Dec. 31, down from 8.0 percent
PEOPLE - INSURANCE
From Wire and Staff Reports |
ROYAL GROUP INC. (Charlotte, N.C.) - Alvin Shoemaker was named chairman of this major insurer, effec
THAI TRADE GAP SEEN SURPASSING $6 BILLION
Knight-Ridder Financial |
Thailand has projected a trade deficit surpassing $6 billion this year - an increase of almost 25 pe
NORTHWEST'S PORTS LEAD LUMBER EXPORT PACK
Journal of Commerce Staff |
U.S. Department of Commerce statistics for the year ended June 1989 show that four West Coast ports
Maritime
MARINE TRANSPORT ANNOUNCES PROMOTIONS
Journal of Commerce Staff |
Secaucus, N.J.-based Marine Transport Lines has completed a management restructuring with the announ
Maritime
ILLINOIS OFFICE IN HONG KONG SHIFTS TACK ON FAR EAST TRADE
Gene Linn |
The state of Illinois office, one of Hong Kong's oldest such outposts, is trying some new wrinkles t
Maritime
BOY CLAIMS NINTENDO VIDEO GAME IS A SHAM
(Ap) |
A 9-year-old boy is taking on Major League Baseball and a Japanese video game giant, claiming the pi
Maritime
PHILIPPINE OFFICIAL VOWS TO ERASE PROTECTIONISM 'OPEN REGIME' PROMISED
John Williamson |
The country's new finance secretary will push for a more open economy marked by a free-floating curr
Maritime
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